AFBOF (African Rainbow Minerals) Scaled Net Operating Assets: 0.82 (As of Dec. 2025)


AFBOF African Rainbow Minerals Ltd AFBOF
82 GF Score
Price $11.07
GF Value $12.88
Valuation Modestly Undervalued
! 6 Warning Signs
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What is African Rainbow Minerals Scaled Net Operating Assets?

African Rainbow Minerals AFBOF 82 Scaled Net Operating Assets is 0.82 as of Dec. 2025. GuruFocus rates AFBOF with a GF Score™ of 82/100 and a GF Value™ of $12.88 (Modestly Undervalued). The stock has 6 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.

African Rainbow Minerals's operating assets for the quarter that ended in Dec. 2025 was $4,372.0 Mil. African Rainbow Minerals's operating liabilities for the quarter that ended in Dec. 2025 was $951.2 Mil. African Rainbow Minerals's Total Assets for the quarter that ended in Jun. 2025 was $4,170.9 Mil. Therefore, African Rainbow Minerals's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.82.


African Rainbow Minerals Scaled Net Operating Assets Historical Data

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The historical data trend for African Rainbow Minerals'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.

African Rainbow Minerals Scaled Net Operating Assets Chart

African Rainbow Minerals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 0.65 0.64 0.81 0.79

African Rainbow Minerals Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 0.74 0.80 0.72 0.80 0.82

African Rainbow Minerals Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, African Rainbow Minerals'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.


African Rainbow Minerals Scaled Net Operating Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, African Rainbow Minerals's Scaled Net Operating Assets distribution charts can be found below:

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


AFBOF
82GF Score
African Rainbow Minerals Ltd AFBOF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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African Rainbow Minerals 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.

African Rainbow Minerals'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 )
=(3709.806-682.892)/3835.89
=0.79

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4170.922 - 461.116
=3709.806

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=797.091 - 78.508 - 35.691
=682.892

African Rainbow Minerals'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: Jun. 2025 )
=(4372.026-951.184)/4170.922
=0.82

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4969.494 - 597.468
=4372.026

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1017.127 - 52.695 - 13.248
=951.184

* 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 0.82 mean?
African Rainbow Minerals (AFBOF) has a Scaled Net Operating Assets of 0.82 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 African Rainbow Minerals and its competitors.
Is African Rainbow Minerals' Scaled Net Operating Assets too high?
African Rainbow Minerals' current Scaled Net Operating Assets is 0.82. Overall, African Rainbow Minerals has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does African Rainbow Minerals' Scaled Net Operating Assets compare to competitors?
African Rainbow Minerals' Scaled Net Operating Assets of 0.82 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining 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 African Rainbow Minerals and its competitors. African Rainbow Minerals's current Scaled Net Operating Assets is 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Rainbow Minerals stock overvalued right now?
Based on GuruFocus' analysis, African Rainbow Minerals (AFBOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.88, compared to a current price of $11.07 — trading 14.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.82. African Rainbow Minerals' overall GF Score™ is 82/100 with 6 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 African Rainbow Minerals (AFBOF), the current Scaled Net Operating Assets is 0.82 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 African Rainbow Minerals (AFBOF) Overvalued in 2026?

Based on GuruFocus' analysis, African Rainbow Minerals stock appears to be undervalued. The current stock price of $11.07 is trading 14.1% below its estimated GF Value™ of $12.88. GuruFocus considers African Rainbow Minerals to be Modestly Undervalued.

Key valuation signals for AFBOF:

  • Scaled Net Operating Assets: 0.82
  • GF Value™: $12.88 vs. price of $11.07 (14.1% below fair value)
  • GF Score™: 82/100 with 6 warning signs

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


African Rainbow Minerals Business Description

Other Exchanges ARI:South AfricaEB9:Germany
Address 29 Impala Road, ARM House, Chislehurston, Sandton, GT, ZAF, 2196
African Rainbow Minerals Ltd is a South African diversified mining and minerals company with operations in South Africa and Malaysia. The group operates through four main segments: ARM Platinum, which includes platinum group metals and nickel; ARM Ferrous, focused on iron ore, manganese ore, and chrome ore; ARM Coal, operating mainly in the Goedgevonden Mine; and ARM Corporate, which includes Machadodorp Works, gold investments, and other activities. The company produces manganese alloys and holds a strategic investment in gold. The company generates the majority of its revenue from South Africa and maintains a presence in Europe, the Americas, and the Far and Middle East.
82GF Score

Get the complete analysis for AFBOF

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

$11.07
Price
$12.88
GF Value