Clarke (TSX:CKI) Scaled Net Operating Assets: 0.94 (As of Mar. 2026)


TSX:CKI Clarke Inc TSX:CKI
57 GF Score
Price C$23.24
GF Value C$27.89
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Clarke Scaled Net Operating Assets?

Clarke TSX:CKI +4.12% 57 Scaled Net Operating Assets is 0.94 as of Mar. 2026. GuruFocus rates TSX:CKI with a GF Score™ of 57/100 and a GF Value™ of C$27.89 (Modestly Undervalued). The stock has 4 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.

Clarke's operating assets for the quarter that ended in Mar. 2026 was C$660.9 Mil. Clarke's operating liabilities for the quarter that ended in Mar. 2026 was C$65.2 Mil. Clarke's Total Assets for the quarter that ended in Dec. 2025 was C$633.3 Mil. Therefore, Clarke's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.94.

TSX:CKI
57GF Score
Clarke Inc TSX:CKI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Clarke 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.

Clarke'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 )
=(632.746-61.537)/516.378
=1.11

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=633.306 - 0.56
=632.746

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=346.894 - 285.357 - 0
=61.537

Clarke'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 )
=(660.938-65.236)/633.306
=0.94

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=661.881 - 0.943
=660.938

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=376.416 - 311.18 - 0
=65.236

* 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 0.94 mean?
Clarke (TSX:CKI) has a Scaled Net Operating Assets of 0.94 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 Clarke and its competitors.
Is Clarke's Scaled Net Operating Assets too high?
Clarke's current Scaled Net Operating Assets is 0.94. Overall, Clarke has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Clarke's Scaled Net Operating Assets compare to MAR and HLT?
Clarke's Scaled Net Operating Assets of 0.94 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 Clarke and its competitors. Clarke's current Scaled Net Operating Assets is 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clarke stock overvalued right now?
Based on GuruFocus' analysis, Clarke (TSX:CKI) is currently considered Modestly Undervalued. The stock's GF Value™ is C$27.89, compared to a current price of C$23.24 — trading 16.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.94. Clarke's overall GF Score™ is 57/100 with 4 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 Clarke (TSX:CKI), the current Scaled Net Operating Assets is 0.94 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 Clarke (TSX:CKI) Overvalued in 2026?

Based on GuruFocus' analysis, Clarke stock appears to be undervalued. The current stock price of C$23.24 is trading 16.7% below its estimated GF Value™ of C$27.89. GuruFocus considers Clarke to be Modestly Undervalued.

Key valuation signals for TSX:CKI:

  • Scaled Net Operating Assets: 0.94
  • GF Value™: C$27.89 vs. price of C$23.24 (16.7% below fair value)
  • GF Score™: 57/100 with 4 warning signs

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

Clarke Business Description

Other Exchanges CLKFF:USA
Address 168 Hobsons Lake Drive, Suite 300, Beechville, NS, CAN, B3S 0G4
Clarke Inc is an investment holding company and real estate company that invests in a diversified group of businesses and across real estate sectors, operating predominantly in Canada. The company operates in two segments namely, Investment and Hospitality. The Investment segment represents the Companies investment properties, loan receivable and ferry business. The Hospitality segment consists of the Companies ownership, management and operation of hotels. The maximum revenue for the company is generated from the Hospitality Segment.
57GF 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.

C$23.24
Price
C$27.89
GF Value