Fan Milk (XGHA:FML) Scaled Net Operating Assets: 0.37 (As of Dec. 2022)


XGHA:FML Fan Milk PLC XGHA:FML
13 GF Score
Price GHS13.34
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What is Fan Milk Scaled Net Operating Assets?

Fan Milk XGHA:FML -1.19% 13 Scaled Net Operating Assets is 0.37 as of Dec. 2022. GuruFocus rates XGHA:FML with a GF Score™ of 13/100.

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

Fan Milk's operating assets for the quarter that ended in Dec. 2022 was GHS522.7 Mil. Fan Milk's operating liabilities for the quarter that ended in Dec. 2022 was GHS300.2 Mil. Fan Milk's Total Assets for the quarter that ended in Sep. 2022 was GHS596.7 Mil. Therefore, Fan Milk's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2022 was 0.37.


Fan Milk Scaled Net Operating Assets Historical Data

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The historical data trend for Fan Milk'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.

Fan Milk Scaled Net Operating Assets Chart

Fan Milk Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.63 0.69 0.60 0.39

Fan Milk Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Dec16 Mar17 Dec17 Dec18 Sep19 Dec19 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 0.49 0.41 0.47 0.50 0.37

XGHA:FML vs KHC, GIS, HRL: Scaled Net Operating Assets Comparison

For the Packaged Foods subindustry, Fan Milk'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.


Fan Milk Scaled Net Operating Assets vs Consumer Packaged Goods Industry

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

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


XGHA:FML
13GF Score
Fan Milk PLC XGHA:FML
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Fan Milk 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.

Fan Milk's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(522.74-300.181)/571.562
=0.39

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=584.06 - 61.32
=522.74

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=378.981 - 75.706 - 3.094
=300.181

Fan Milk's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2022 )
=(Operating Assets (Q: Dec. 2022 )-Operating Liabilities (Q: Dec. 2022 ))/Total Assets (Q: Sep. 2022 )
=(522.74-300.181)/596.684
=0.37

where

Operating Assets(Q: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=584.06 - 61.32
=522.74

Operating Liabilities(Q: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=378.981 - 75.706 - 3.094
=300.181

* 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 0.37 mean?
Fan Milk (XGHA:FML) has a Scaled Net Operating Assets of 0.37 as of Dec. 2022. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Fan Milk and its competitors.
Is Fan Milk's Scaled Net Operating Assets too high?
Fan Milk's current Scaled Net Operating Assets is 0.37. Overall, Fan Milk has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Fan Milk's Scaled Net Operating Assets compare to KHC and GIS?
Fan Milk's Scaled Net Operating Assets of 0.37 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 Fan Milk and its competitors. Fan Milk's current Scaled Net Operating Assets is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fan Milk stock overvalued right now?
Fan Milk (XGHA:FML) has a current Scaled Net Operating Assets of 0.37. The current Scaled Net Operating Assets is 0.37. Fan Milk's overall GF Score™ is 13/100. 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 Fan Milk (XGHA:FML), the current Scaled Net Operating Assets is 0.37 as of Dec. 2022. 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.

Fan Milk Business Description

Address Airport Commercial Centre, 2nd Floor, Grand Oyeman Building, Accra, GHA
Fan Milk PLC engages in the manufacturing and distribution of dairy products and fruit drinks. The company's milk-based products consist of frozen ice creams, chocolate, and yoghurt that includes FanYogo (yoghurt), FanChoco (chocolate), and FanIce (ice cream). Its fruit-based products include FanDango (fruit drink) and FanPop. It distributes its products through independent distributors and agents. The majority of the revenue is derived from the manufacturing and distribution of dairy products and fruit drinks.
13GF Score

Get the complete analysis for XGHA:FML

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

GHS13.34
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