SON (Sonoco Products Co) Scaled Net Operating Assets: 0.75 (As of Mar. 2026)


SON Sonoco Products Co SON
77 GF Score
Price $53.54
GF Value $72.75
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Sonoco Products Co Scaled Net Operating Assets?

Sonoco Products Co SON +5.41% 77 Scaled Net Operating Assets is 0.75 as of Mar. 2026. GuruFocus rates SON with a GF Score™ of 77/100 and a GF Value™ of $72.75 (Modestly Undervalued). The stock has 8 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.

Sonoco Products Co's operating assets for the quarter that ended in Mar. 2026 was $10,846 Mil. Sonoco Products Co's operating liabilities for the quarter that ended in Mar. 2026 was $2,530 Mil. Sonoco Products Co's Total Assets for the quarter that ended in Dec. 2025 was $11,162 Mil. Therefore, Sonoco Products Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.75.


Sonoco Products Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Sonoco Products 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.

Sonoco Products Co Scaled Net Operating Assets Chart

Sonoco Products 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 0.67 1.05 0.78 1.27 0.63

Sonoco Products 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 0.77 0.68 0.71 0.67 0.75

SON vs REYN, SLGN, GPK: Scaled Net Operating Assets Comparison

For the Packaging & Containers subindustry, Sonoco Products 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.


Sonoco Products Co Scaled Net Operating Assets vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Sonoco Products Co's Scaled Net Operating Assets distribution charts can be found below:

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


SON
77GF Score
Sonoco Products Co SON
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sonoco Products 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.

Sonoco Products 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 )
=(10783.936-2940.385)/12507.79
=0.63

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11162.334 - 378.398
=10783.936

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7530.502 - 4052.165 - 537.952
=2940.385

Sonoco Products 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 )
=(10845.54-2529.542)/11162.334
=0.75

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11070.019 - 224.479
=10845.54

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7483.652 - 3751.54 - 1202.57
=2529.542

* 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 0.75 mean?
Sonoco Products Co (SON) has a Scaled Net Operating Assets of 0.75 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 Sonoco Products Co and its competitors.
Is Sonoco Products Co's Scaled Net Operating Assets too high?
Sonoco Products Co's current Scaled Net Operating Assets is 0.75. Overall, Sonoco Products Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sonoco Products Co's Scaled Net Operating Assets compare to REYN and SLGN?
Sonoco Products Co's Scaled Net Operating Assets of 0.75 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Scaled Net Operating Assets depends on the Packaging & Containers 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 Sonoco Products Co and its competitors. Sonoco Products Co's current Scaled Net Operating Assets is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonoco Products Co stock overvalued right now?
Based on GuruFocus' analysis, Sonoco Products Co (SON) is currently considered Modestly Undervalued. The stock's GF Value™ is $72.75, compared to a current price of $53.54 — trading 26.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.75. Sonoco Products Co's overall GF Score™ is 77/100 with 8 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 Sonoco Products Co (SON), the current Scaled Net Operating Assets is 0.75 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 Sonoco Products Co (SON) Overvalued in 2026?

Based on GuruFocus' analysis, Sonoco Products Co stock appears to be undervalued. The current stock price of $53.54 is trading 26.4% below its estimated GF Value™ of $72.75. GuruFocus considers Sonoco Products Co to be Modestly Undervalued.

Key valuation signals for SON:

  • Scaled Net Operating Assets: 0.75
  • GF Value™: $72.75 vs. price of $53.54 (26.4% below fair value)
  • GF Score™: 77/100 with 8 warning signs

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


Sonoco Products Co Business Description

Other Exchanges SNS:Germany
Address 1 N. Second Street, Hartsville, SC, USA, 29550
Sonoco Products Co is engaged in the manufacture and supply of consumer and industrial packaging products, offering paper, metal, and plastic packaging solutions across multiple end markets. The company has two reportable segments: Consumer Packaging and Industrial Paper Packaging. The Consumer Packaging segment provides rigid packaging solutions mainly for food, beverage, household, personal care, and pharmaceutical products, while the Industrial Paper Packaging segment produces paper-based packaging materials such as tubes, cores, and protective packaging, supported by paper mills and recycling operations, serving industrial and consumer markets. It generates the majority of its revenue from the Consumer Packaging segment.
77GF Score

Get the complete analysis for SON

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

$53.54
Price
$72.75
GF Value