VODAF (Vodacom Group) Scaled Net Operating Assets: 0.70 (As of Mar. 2026)


VODAF Vodacom Group Ltd VODAF
78 GF Score
Price $8.98
GF Value $8.82
Valuation Fairly Valued
! 5 Warning Signs
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What is Vodacom Group Scaled Net Operating Assets?

Vodacom Group VODAF 78 Scaled Net Operating Assets is 0.70 as of Mar. 2026. GuruFocus rates VODAF with a GF Score™ of 78/100 and a GF Value™ of $8.82 (Fairly Valued). 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.

Vodacom Group's operating assets for the quarter that ended in Mar. 2026 was $14,548 Mil. Vodacom Group's operating liabilities for the quarter that ended in Mar. 2026 was $4,475 Mil. Vodacom Group's Total Assets for the quarter that ended in Sep. 2025 was $14,333 Mil. Therefore, Vodacom Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.70.


Vodacom Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Vodacom Group'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.

Vodacom Group Scaled Net Operating Assets Chart

Vodacom Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.67 0.65 0.66 0.74

Vodacom Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.65 0.66 0.66 0.67 0.70

VODAF vs TMUS, VZ, T: Scaled Net Operating Assets Comparison

For the Telecom Services subindustry, Vodacom Group'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.


Vodacom Group Scaled Net Operating Assets vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vodacom Group's Scaled Net Operating Assets distribution charts can be found below:

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


VODAF
78GF Score
Vodacom Group Ltd VODAF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Vodacom Group 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.

Vodacom Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(14548.103-4474.667)/13687.389
=0.74

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16504.054 - 1955.951
=14548.103

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10101.735 - 5020.837 - 606.231
=4474.667

Vodacom Group'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: Sep. 2025 )
=(14548.103-4474.667)/14333.322
=0.70

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16504.054 - 1955.951
=14548.103

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10101.735 - 5020.837 - 606.231
=4474.667

* 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 0.70 mean?
Vodacom Group (VODAF) has a Scaled Net Operating Assets of 0.70 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 Vodacom Group and its competitors.
Is Vodacom Group's Scaled Net Operating Assets too high?
Vodacom Group's current Scaled Net Operating Assets is 0.70. Overall, Vodacom Group has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vodacom Group's Scaled Net Operating Assets compare to TMUS and VZ?
Vodacom Group's Scaled Net Operating Assets of 0.70 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Scaled Net Operating Assets depends on the Telecommunication Services 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 Vodacom Group and its competitors. Vodacom Group's current Scaled Net Operating Assets is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vodacom Group stock overvalued right now?
Based on GuruFocus' analysis, Vodacom Group (VODAF) is currently considered Fairly Valued. The stock's GF Value™ is $8.82, compared to a current price of $8.98 — trading 1.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.70. Vodacom Group's overall GF Score™ is 78/100 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 Vodacom Group (VODAF), the current Scaled Net Operating Assets is 0.70 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 Vodacom Group (VODAF) Overvalued in 2026?

Based on GuruFocus' analysis, Vodacom Group stock appears to be overvalued. The current stock price of $8.98 is trading 1.8% above its estimated GF Value™ of $8.82. GuruFocus considers Vodacom Group to be Fairly Valued.

Key valuation signals for VODAF:

  • Scaled Net Operating Assets: 0.70
  • GF Value™: $8.82 vs. price of $8.98 (1.8% above fair value)
  • GF Score™: 78/100 with 5 warning signs

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


Vodacom Group Business Description

Address 082 Vodacom Boulevard, Vodacom Corporate Park, Midrand, Johannesburg, GT, ZAF, 1685
Vodacom Group Ltd is a telecommunications provider. It is engaged in the provision of a wide range of communications products and services including but not limited to voice, messaging, converged services, broadband, data connectivity, mobile financial services and other value added services. Its segments includes South Africa comprises the information relating to the South African-based cellular network and other business segments. Egypt comprises the information relating to the Egyptian-based cellular network and other business segments. International comprises the segment information relating to the non-South African-based cellular networks in Tanzania, Mozambique, Lesotho and the Democratic Republic of Congo. It generates majority of revenue from South Africa.
78GF 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.

$8.98
Price
$8.82
GF Value