Associated Commercial Co (XMAU:ACC) Scaled Net Operating Assets: 0.92 (As of Mar. 2026)

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XMAU:ACC Associated Commercial Co Ltd XMAU:ACC
71 GF Score
Price MUR219.50
GF Value MUR198.15
! 5 Warning Signs
View Full Analysis

What is Associated Commercial Co Scaled Net Operating Assets?

Associated Commercial Co XMAU:ACC 71 Scaled Net Operating Assets is 0.92 as of Mar. 2026. GuruFocus rates XMAU:ACC with a GF Score™ of 71/100 and a GF Value™ of MUR198.15. 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.

Associated Commercial Co's operating assets for the quarter that ended in Mar. 2026 was MUR830.1 Mil. Associated Commercial Co's operating liabilities for the quarter that ended in Mar. 2026 was MUR60.5 Mil. Associated Commercial Co's Total Assets for the quarter that ended in Dec. 2025 was MUR836.0 Mil. Therefore, Associated Commercial Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.92.


Associated Commercial Co Scaled Net Operating Assets Historical Data

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The historical data trend for Associated Commercial Co'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.

Associated Commercial Co Scaled Net Operating Assets Chart

Associated Commercial Co Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.73 0.88 0.89 0.82 0.83

Associated Commercial Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 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 0.90 0.82 0.90 0.92 0.92

XMAU:ACC vs ORLY, AZO, GPC: Scaled Net Operating Assets Comparison

For the Auto Parts subindustry, Associated Commercial Co'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.


Associated Commercial Co Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Associated Commercial Co's Scaled Net Operating Assets distribution charts can be found below:

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


XMAU:ACC
71GF Score
Associated Commercial Co Ltd XMAU:ACC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Associated Commercial Co 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.

Associated Commercial Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(664.858-38.675)/751.646
=0.83

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=849.575 - 184.717
=664.858

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=87.22 - 0 - 48.545
=38.675

Associated Commercial Co'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 )
=(830.143-60.521)/835.959
=0.92

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=830.143 - 0
=830.143

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=60.521 - 0 - 0
=60.521

* 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 0.92 mean?
Associated Commercial Co (XMAU:ACC) has a Scaled Net Operating Assets of 0.92 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 Associated Commercial Co and its competitors.
Is Associated Commercial Co's Scaled Net Operating Assets too high?
Associated Commercial Co's current Scaled Net Operating Assets is 0.92. Overall, Associated Commercial Co has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Associated Commercial Co's Scaled Net Operating Assets compare to ORLY and AZO?
Associated Commercial Co's Scaled Net Operating Assets of 0.92 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 Associated Commercial Co and its competitors. Associated Commercial Co's current Scaled Net Operating Assets is 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Commercial Co stock overvalued right now?
Associated Commercial Co (XMAU:ACC) has a current Scaled Net Operating Assets of 0.92. The stock's GF Value™ is MUR198.15, compared to a current price of MUR219.50 — trading 10.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.92. Associated Commercial Co's overall GF Score™ is 71/100 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 Associated Commercial Co (XMAU:ACC), the current Scaled Net Operating Assets is 0.92 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 Associated Commercial Co (XMAU:ACC) Overvalued in 2026?

Based on GuruFocus' analysis, Associated Commercial Co stock appears to be overvalued. The current stock price of MUR219.50 is trading 10.8% above its estimated GF Value™ of MUR198.15.

Key valuation signals for XMAU:ACC:

  • Scaled Net Operating Assets: 0.92
  • GF Value™: MUR198.15 vs. price of MUR219.50 (10.8% above fair value)
  • GF Score™: 71/100 with 5 warning signs

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


Associated Commercial Co Business Description

Address C/o United Bus Service Ltd., Les Cassis, Port Louis, MUS
Associated Commercial Co Ltd is a dealer of motor vehicles, spare parts, new tyres, and accessories. The company generates revenue from the sale of vehicles, batteries and lubricants, spare parts, and tyres, with the majority of its revenue derived from tyre sales.
71GF Score

Get the complete analysis for XMAU:ACC

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

MUR219.50
Price
MUR198.15
GF Value