SHCO (Soho House) Scaled Net Operating Assets: 0.78 (As of Sep. 2025)


SHCO Soho House & Co Inc SHCO
49 GF Score
Price $8.99
GF Value $7.55
! 7 Warning Signs
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What is Soho House Scaled Net Operating Assets?

Soho House SHCO 49 Scaled Net Operating Assets is 0.78 as of Sep. 2025. GuruFocus rates SHCO with a GF Score™ of 49/100 and a GF Value™ of $7.55. The stock has 7 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.

Soho House's operating assets for the quarter that ended in Sep. 2025 was $2,539 Mil. Soho House's operating liabilities for the quarter that ended in Sep. 2025 was $525 Mil. Soho House's Total Assets for the quarter that ended in Jun. 2025 was $2,595 Mil. Therefore, Soho House's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2025 was 0.78.


Soho House Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Soho House'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.

Soho House Scaled Net Operating Assets Chart

Soho House Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.82 0.89 0.81 0.80 0.73

Soho House Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.78 0.72 0.77 0.78 0.78

SHCO vs CVEO, GHG, INTG: Scaled Net Operating Assets Comparison

For the Lodging subindustry, Soho House'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.


Soho House Scaled Net Operating Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Soho House's Scaled Net Operating Assets distribution charts can be found below:

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


SHCO
49GF Score
Soho House & Co Inc SHCO
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Soho House 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.

Soho House's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(2288.417-431.777)/2527.859
=0.73

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2443.512 - 155.095
=2288.417

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2772.97 - 2249.126 - 92.067
=431.777

Soho House's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2025 )
=(Operating Assets (Q: Sep. 2025 )-Operating Liabilities (Q: Sep. 2025 ))/Total Assets (Q: Jun. 2025 )
=(2538.817-524.837)/2594.909
=0.78

where

Operating Assets(Q: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2684.224 - 145.407
=2538.817

Operating Liabilities(Q: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3033.128 - 2409.967 - 98.324
=524.837

* 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 0.78 mean?
Soho House (SHCO) has a Scaled Net Operating Assets of 0.78 as of Sep. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Soho House and its competitors.
Is Soho House's Scaled Net Operating Assets too high?
Soho House's current Scaled Net Operating Assets is 0.78. Overall, Soho House has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Soho House's Scaled Net Operating Assets compare to CVEO and GHG?
Soho House's Scaled Net Operating Assets of 0.78 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure 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 Soho House and its competitors. Soho House's current Scaled Net Operating Assets is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Soho House stock overvalued right now?
Soho House (SHCO) has a current Scaled Net Operating Assets of 0.78. The stock's GF Value™ is $7.55, compared to a current price of $8.99 — trading 19.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.78. Soho House's overall GF Score™ is 49/100 with 7 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 Soho House (SHCO), the current Scaled Net Operating Assets is 0.78 as of Sep. 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 Soho House (SHCO) Overvalued in 2026?

Based on GuruFocus' analysis, Soho House stock appears to be overvalued. The current stock price of $8.99 is trading 19.1% above its estimated GF Value™ of $7.55.

Key valuation signals for SHCO:

  • Scaled Net Operating Assets: 0.78
  • GF Value™: $7.55 vs. price of $8.99 (19.1% above fair value)
  • GF Score™: 49/100 with 7 warning signs

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


Soho House Business Description

Address 180 Strand, London, GBR, WC2R 1EA
Soho House & Co Inc is a membership platform of physical and digital spaces that connects a vibrant, diverse group of members from across the world. The members use the platform to work, socialize, connect, create, and flourish all over the world. It offers lease agreements for Houses, hotels, restaurants, studios, spas, and other properties. The company's reportable segments are: United Kingdom; The Americas; and Europe and Rest of the world. The majority of its revenue is generated from the Americas segment, which encompasses its operating units in the Americas, including Soho Houses, stand-alone U.S. restaurants, Soho Friends, and the management fees under a hotel management contract for the operation of The Ned London.
49GF 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.

$8.99
Price
$7.55
GF Value