THRY (Thryv Holdings) Scaled Net Operating Assets: 0.69 (As of Mar. 2026)


THRY Thryv Holdings Inc THRY
51 GF Score
Price $3.70
GF Value $11.30
Valuation Possible Value Trap
! 5 Warning Signs
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What is Thryv Holdings Scaled Net Operating Assets?

Thryv Holdings THRY -2.12% 51 Scaled Net Operating Assets is 0.69 as of Mar. 2026. GuruFocus rates THRY with a GF Score™ of 51/100 and a GF Value™ of $11.30 (Possible Value Trap). The stock has 5 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.

Thryv Holdings's operating assets for the quarter that ended in Mar. 2026 was $685.8 Mil. Thryv Holdings's operating liabilities for the quarter that ended in Mar. 2026 was $209.8 Mil. Thryv Holdings's Total Assets for the quarter that ended in Dec. 2025 was $688.6 Mil. Therefore, Thryv Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.69.


Thryv Holdings Scaled Net Operating Assets Historical Data

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The historical data trend for Thryv Holdings'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.

Thryv Holdings Scaled Net Operating Assets Chart

Thryv Holdings Annual Data
Trend Dec14 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 0.74 0.64 0.41 0.59 0.65

Thryv Holdings 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 0.68 0.68 0.70 0.66 0.69

THRY vs PERF, MRT, RYDE: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Thryv Holdings'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.


Thryv Holdings Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Thryv Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


THRY
51GF Score
Thryv Holdings Inc THRY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Thryv Holdings 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.

Thryv Holdings'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 )
=(677.835-216.961)/712.165
=0.65

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=688.587 - 10.752
=677.835

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=470.448 - 235.987 - 17.5
=216.961

Thryv Holdings'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 )
=(685.786-209.765)/688.587
=0.69

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=693.738 - 7.952
=685.786

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=468.328 - 232.313 - 26.25
=209.765

* 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 0.69 mean?
Thryv Holdings (THRY) has a Scaled Net Operating Assets of 0.69 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 Thryv Holdings and its competitors.
Is Thryv Holdings' Scaled Net Operating Assets too high?
Thryv Holdings' current Scaled Net Operating Assets is 0.69. Overall, Thryv Holdings has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thryv Holdings' Scaled Net Operating Assets compare to PERF and MRT?
Thryv Holdings' Scaled Net Operating Assets of 0.69 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Thryv Holdings and its competitors. Thryv Holdings's current Scaled Net Operating Assets is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thryv Holdings stock overvalued right now?
Based on GuruFocus' analysis, Thryv Holdings (THRY) is currently considered Possible Value Trap. The stock's GF Value™ is $11.30, compared to a current price of $3.70 — trading 67.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.69. Thryv Holdings' overall GF Score™ is 51/100 with 5 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 Thryv Holdings (THRY), the current Scaled Net Operating Assets is 0.69 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 Thryv Holdings (THRY) Overvalued in 2026?

Based on GuruFocus' analysis, Thryv Holdings stock appears to be undervalued. The current stock price of $3.70 is trading 67.3% below its estimated GF Value™ of $11.30. GuruFocus considers Thryv Holdings to be Possible Value Trap.

Key valuation signals for THRY:

  • Scaled Net Operating Assets: 0.69
  • GF Value™: $11.30 vs. price of $3.70 (67.3% below fair value)
  • GF Score™: 51/100 with 5 warning signs

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


Thryv Holdings Business Description

Address 1301 Municipal Way, Suite 220, Grapevine, TX, USA, 76051
Thryv Holdings Inc is dedicated to supporting local, independent service-based businesses and emerging franchises by providing a cloud-based software platform, and marketing solutions to entrepreneurs. The group are provider of SaaS all-in-one small business management software in addition to providing print and digital marketing solutions to SMBs. Its solutions enable small and medium-sized business clients to attract and generate new business leads, manage their customer relationships efficiently with artificial intelligence (AI) tools and automation. The group has two business segments; Thryv SaaS deriving maximum revenue and Thryv Marketing Services.
51GF Score

Get the complete analysis for THRY

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

$3.70
Price
$11.30
GF Value