SFD (WAR:SFD) Scaled Net Operating Assets: 0.65 (As of Mar. 2026)


WAR:SFD SFD SA WAR:SFD
75 GF Score
Price zł2.57
GF Value zł3.10
Valuation Modestly Undervalued
! 3 Warning Signs
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What is SFD Scaled Net Operating Assets?

SFD WAR:SFD -3.75% 75 Scaled Net Operating Assets is 0.65 as of Mar. 2026. GuruFocus rates WAR:SFD with a GF Score™ of 75/100 and a GF Value™ of zł3.10 (Modestly Undervalued). The stock has 3 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.

SFD's operating assets for the quarter that ended in Mar. 2026 was zł131.1 Mil. SFD's operating liabilities for the quarter that ended in Mar. 2026 was zł51.8 Mil. SFD's Total Assets for the quarter that ended in Dec. 2025 was zł121.6 Mil. Therefore, SFD's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.65.


SFD Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for SFD'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.

SFD Scaled Net Operating Assets Chart

SFD 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 0.78 0.98 0.49 0.60 0.74

SFD 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 0.58 0.59 0.62 0.61 0.65

WAR:SFD vs CASY, WSM, DKS: Scaled Net Operating Assets Comparison

For the Specialty Retail subindustry, SFD'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.


SFD Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SFD's Scaled Net Operating Assets distribution charts can be found below:

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


WAR:SFD
75GF Score
SFD SA WAR:SFD
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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SFD 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.

SFD'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 )
=(119.227-49.882)/93.895
=0.74

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=121.574 - 2.347
=119.227

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=73.113 - 0 - 23.231
=49.882

SFD'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 )
=(131.069-51.829)/121.574
=0.65

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=136.428 - 5.359
=131.069

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=81.357 - 0 - 29.528
=51.829

* 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 0.65 mean?
SFD (WAR:SFD) has a Scaled Net Operating Assets of 0.65 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 SFD and its competitors.
Is SFD's Scaled Net Operating Assets too high?
SFD's current Scaled Net Operating Assets is 0.65. Overall, SFD has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SFD's Scaled Net Operating Assets compare to CASY and WSM?
SFD's Scaled Net Operating Assets of 0.65 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 SFD and its competitors. SFD's current Scaled Net Operating Assets is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SFD stock overvalued right now?
Based on GuruFocus' analysis, SFD (WAR:SFD) is currently considered Modestly Undervalued. The stock's GF Value™ is zł3.10, compared to a current price of zł2.57 — trading 17.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.65. SFD's overall GF Score™ is 75/100 with 3 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 SFD (WAR:SFD), the current Scaled Net Operating Assets is 0.65 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 SFD (WAR:SFD) Overvalued in 2026?

Based on GuruFocus' analysis, SFD stock appears to be undervalued. The current stock price of zł2.57 is trading 17.1% below its estimated GF Value™ of zł3.10. GuruFocus considers SFD to be Modestly Undervalued.

Key valuation signals for WAR:SFD:

  • Scaled Net Operating Assets: 0.65
  • GF Value™: zł3.10 vs. price of zł2.57 (17.1% below fair value)
  • GF Score™: 75/100 with 3 warning signs

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


SFD Business Description

Address Glogowska 41, Opole, POL, 45 315
SFD SA is a wholesale and retail trader of supplements, dietary supplements, and sports accessories. It is also involved in the sale of advertising services. The company brands include Berserk Labs, Potreningu.pl, ALLNUTRITION, and SFD Powder.
75GF Score

Get the complete analysis for WAR:SFD

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

zł2.57
Price
zł3.10
GF Value