SDIPF (Frasers Group) Scaled Net Operating Assets: 0.86 (As of Oct. 2025)


SDIPF Frasers Group PLC SDIPF
89 GF Score
Price $9.08
GF Value $10.60
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Frasers Group Scaled Net Operating Assets?

Frasers Group SDIPF -4.82% 89 Scaled Net Operating Assets is 0.86 as of Oct. 2025. GuruFocus rates SDIPF with a GF Score™ of 89/100 and a GF Value™ of $10.60 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Frasers Group's operating assets for the quarter that ended in Oct. 2025 was $7,630 Mil. Frasers Group's operating liabilities for the quarter that ended in Oct. 2025 was $1,802 Mil. Frasers Group's Total Assets for the quarter that ended in Apr. 2025 was $6,742 Mil. Therefore, Frasers Group's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2025 was 0.86.

Frasers Group Scaled Net Operating Assets Historical Data

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The historical data trend for Frasers Group's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frasers Group Scaled Net Operating Assets Chart

Frasers Group Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.60 0.64 0.69 0.85

Frasers Group Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.69 0.66 0.83 0.72 0.86

SDIPF vs CASY, WSM, ULTA: Scaled Net Operating Assets Comparison

For the Specialty Retail subindustry, Frasers Group's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Frasers Group Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Frasers Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Frasers Group's Scaled Net Operating Assets falls into.


SDIPF
89GF Score
Frasers Group PLC SDIPF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Frasers Group Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Frasers Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Apr. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Apr. 2025 )
=(Operating Assets (A: Apr. 2025 )-Operating Liabilities (A: Apr. 2025 ))/Total Assets (A: Apr. 2024 )
=(6410.644-1684.099)/5575.594
=0.85

where

Operating Assets(A: Apr. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6742.05 - 331.406
=6410.644

Operating Liabilities(A: Apr. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4129.566 - 2202.891 - 242.576
=1684.099

Frasers Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2025 )
=(Operating Assets (Q: Oct. 2025 )-Operating Liabilities (Q: Oct. 2025 ))/Total Assets (Q: Apr. 2025 )
=(7629.773-1802.403)/6742.05
=0.86

where

Operating Assets(Q: Oct. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8110.147 - 480.374
=7629.773

Operating Liabilities(Q: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4913.618 - 2903.338 - 207.877
=1802.403

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.86 mean?
Frasers Group (SDIPF) has a Scaled Net Operating Assets of 0.86 as of Oct. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Frasers Group and its competitors.
Is Frasers Group's Scaled Net Operating Assets too high?
Frasers Group's current Scaled Net Operating Assets is 0.86. Overall, Frasers Group has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Frasers Group's Scaled Net Operating Assets compare to CASY and WSM?
Frasers Group's Scaled Net Operating Assets of 0.86 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Frasers Group and its competitors. Frasers Group's current Scaled Net Operating Assets is 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasers Group stock overvalued right now?
Based on GuruFocus' analysis, Frasers Group (SDIPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.60, compared to a current price of $9.08 — trading 14.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.86. Frasers Group's overall GF Score™ is 89/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Frasers Group (SDIPF), the current Scaled Net Operating Assets is 0.86 as of Oct. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Frasers Group (SDIPF) Overvalued in 2026?

Based on GuruFocus' analysis, Frasers Group stock appears to be undervalued. The current stock price of $9.08 is trading 14.3% below its estimated GF Value™ of $10.60. GuruFocus considers Frasers Group to be Modestly Undervalued.

Key valuation signals for SDIPF:

  • Scaled Net Operating Assets: 0.86
  • GF Value™: $10.60 vs. price of $9.08 (14.3% below fair value)
  • GF Score™: 89/100 with 3 warning signs

No single metric tells the full story. See the SDIPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Frasers Group Business Description

Other Exchanges FRASl:UKFRAS:UKZVX:Germany
Address Unit A, Brook Park East, Shirebrook, GBR, NG20 8RY
Frasers Group PLC is a U.K. sports goods retailer. The diversified portfolio of Sports, Fitness, Premium Lifestyle and Luxury Store Fascias. Its brands are Sports Direct, House of Fraser, Flannels, Amara Living, Evans Cycles, Game, Jack Wills, and Others. The company has five segments five operating segments: UK Sports, Premium Lifestyle, International, Property and Financial Services. It operates stores in the United Kingdom, Europe, Asia, Oceania and USA. It generates the majority of the revenue from UK Sports includes the results of the Group's core sports retail store operations in the UK, plus all the Group's sports retail online business, other UK-based sports retail and wholesale operations, GAME UK stores and online operations, retail store operations.
89GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.08
Price
$10.60
GF Value