SFHOY (SF Holding Co) Scaled Net Operating Assets: 0.55 (As of Mar. 2026)

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SFHOY SF Holding Co Ltd SFHOY
72 GF Score
Price $16.03
GF Value $21.62
Valuation Modestly Undervalued
! 2 Warning Signs
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What is SF Holding Co Scaled Net Operating Assets?

SF Holding Co SFHOY +2.92% 72 Scaled Net Operating Assets is 0.55 as of Mar. 2026. GuruFocus rates SFHOY with a GF Score™ of 72/100 and a GF Value™ of $21.62 (Modestly Undervalued). The stock has 2 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.

SF Holding Co's operating assets for the quarter that ended in Mar. 2026 was $24,835 Mil. SF Holding Co's operating liabilities for the quarter that ended in Mar. 2026 was $8,000 Mil. SF Holding Co's Total Assets for the quarter that ended in Dec. 2025 was $30,734 Mil. Therefore, SF Holding Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.55.


SF Holding Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for SF Holding Co'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.

SF Holding Co Scaled Net Operating Assets Chart

SF Holding Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.47 0.54 0.50 0.58

SF Holding Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.55 0.53 0.52 0.55 0.55

SFHOY vs UPS, FDX, JBHT: Scaled Net Operating Assets Comparison

For the Integrated Freight & Logistics subindustry, SF Holding Co'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.


SF Holding Co Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, SF Holding Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where SF Holding Co's Scaled Net Operating Assets falls into.


SFHOY
72GF Score
SF Holding Co Ltd SFHOY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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SF Holding Co 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.

SF Holding Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(25457.273-8556.099)/29368.634
=0.58

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=30734.473 - 5277.2
=25457.273

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15070.463 - 3852.015 - 2662.349
=8556.099

SF Holding Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(24835.306-8000.442)/30734.473
=0.55

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=31020.622 - 6185.316
=24835.306

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14827.825 - 3722.409 - 3104.974
=8000.442

* 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 0.55 mean?
SF Holding Co (SFHOY) has a Scaled Net Operating Assets of 0.55 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on SF Holding Co and its competitors.
Is SF Holding Co's Scaled Net Operating Assets too high?
SF Holding Co's current Scaled Net Operating Assets is 0.55. Overall, SF Holding Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SF Holding Co's Scaled Net Operating Assets compare to UPS and FDX?
SF Holding Co's Scaled Net Operating Assets of 0.55 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 SF Holding Co and its competitors. SF Holding Co's current Scaled Net Operating Assets is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SF Holding Co stock overvalued right now?
Based on GuruFocus' analysis, SF Holding Co (SFHOY) is currently considered Modestly Undervalued. The stock's GF Value™ is $21.62, compared to a current price of $16.03 — trading 25.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.55. SF Holding Co's overall GF Score™ is 72/100 with 2 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 SF Holding Co (SFHOY), the current Scaled Net Operating Assets is 0.55 as of Mar. 2026. 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 SF Holding Co (SFHOY) Overvalued in 2026?

Based on GuruFocus' analysis, SF Holding Co stock appears to be undervalued. The current stock price of $16.03 is trading 25.9% below its estimated GF Value™ of $21.62. GuruFocus considers SF Holding Co to be Modestly Undervalued.

Key valuation signals for SFHOY:

  • Scaled Net Operating Assets: 0.55
  • GF Value™: $21.62 vs. price of $16.03 (25.9% below fair value)
  • GF Score™: 72/100 with 2 warning signs

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


SF Holding Co Business Description

Address Keji South 1st Road, TK Chuangzhi Tiandi Building, Nanshan District, Guangdong Province, Shenzhen, CHN
SF Holding was the largest logistics integrated service provider in China and Asia, and the fourth largest globally in 2025 by revenue, according to Frost & Sullivan. It is the only large integrated logistics service provider in Asia that has direct control of its operations with minimal reliance on network partners. It is also independent of any e-commerce platforms. The company is equipped with full-product service capabilities in time-definite express delivery, economic express delivery, freight, cold chain and pharmaceutical, intracity on-demand delivery, international express delivery, international freight and forwarding, and supply chain.
72GF Score

Get the complete analysis for SFHOY

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

$16.03
Price
$21.62
GF Value