WHGLY (WH Group) Scaled Net Operating Assets: 0.61 (As of Dec. 2025)


WHGLY WH Group Ltd WHGLY
77 GF Score
Price $21.67
GF Value $15.61
Valuation Significantly Overvalued
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What is WH Group Scaled Net Operating Assets?

WH Group WHGLY +0.79% 77 Scaled Net Operating Assets is 0.61 as of Dec. 2025. GuruFocus rates WHGLY with a GF Score™ of 77/100 and a GF Value™ of $15.61 (Significantly Overvalued).

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

WH Group's operating assets for the quarter that ended in Dec. 2025 was $18,317 Mil. WH Group's operating liabilities for the quarter that ended in Dec. 2025 was $4,982 Mil. WH Group's Total Assets for the quarter that ended in Sep. 2025 was $22,014 Mil. Therefore, WH Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.61.


WH Group Scaled Net Operating Assets Historical Data

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The historical data trend for WH 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.

WH Group Scaled Net Operating Assets Chart

WH Group 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 0.66 0.64 0.63 0.65 0.67

WH Group Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 0.00 0.63 0.00 0.61

WHGLY vs KHC, GIS: Scaled Net Operating Assets Comparison

For the Packaged Foods subindustry, WH 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.


WH Group Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, WH Group's Scaled Net Operating Assets distribution charts can be found below:

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


WHGLY
77GF Score
WH Group Ltd WHGLY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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WH 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.

WH Group'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 )
=(18317-4982)/19841
=0.67

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21910 - 3593
=18317

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9105 - 2415 - 1708
=4982

WH Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Sep. 2025 )
=(18317-4982)/22014
=0.61

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21910 - 3593
=18317

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9105 - 2415 - 1708
=4982

* 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 0.61 mean?
WH Group (WHGLY) has a Scaled Net Operating Assets of 0.61 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on WH Group and its competitors.
Is WH Group's Scaled Net Operating Assets too high?
WH Group's current Scaled Net Operating Assets is 0.61. Overall, WH Group has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WH Group's Scaled Net Operating Assets compare to KHC and GIS?
WH Group's Scaled Net Operating Assets of 0.61 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 WH Group and its competitors. WH Group's current Scaled Net Operating Assets is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WH Group stock overvalued right now?
Based on GuruFocus' analysis, WH Group (WHGLY) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.61, compared to a current price of $21.67 — trading 38.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.61. WH Group's overall GF Score™ is 77/100. 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 WH Group (WHGLY), the current Scaled Net Operating Assets is 0.61 as of Dec. 2025. 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 WH Group (WHGLY) Overvalued in 2026?

Based on GuruFocus' analysis, WH Group stock appears to be overvalued. The current stock price of $21.67 is trading 38.8% above its estimated GF Value™ of $15.61. GuruFocus considers WH Group to be Significantly Overvalued.

Key valuation signals for WHGLY:

  • Scaled Net Operating Assets: 0.61
  • GF Value™: $15.61 vs. price of $21.67 (38.8% above fair value)
  • GF Score™: 77/100

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


WH Group Business Description

Address 1 Austin Road West, Unit 7602B-7604A, Level 76, International Commerce Centre, Kowloon, Hong Kong, HKG
WH Group is a holding company and the world's largest vertically integrated producer of pork and related packaged meat products. Its revenue is mainly derived from activities undertaken by its China and US operations, which are respectively via 70.3%-owned Henan Shuanghui Investment & Development Company and wholly owned Smithfield Foods Inc. In the US, its key packaged meats brands, in which it has a 6% market share, include Nathan's hot dogs, Armour, John Morrell, and Curly's, while in China, products are mainly under the Shuanghui brand, where it also has a 25% market share. We expect the company's operating profit to be split almost equally between the US and China in the future with a small contribution from Europe.
77GF 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.

$21.67
Price
$15.61
GF Value