ARIS (Aris Mining) Scaled Net Operating Assets: 0.66 (As of Mar. 2026)


ARIS Aris Mining Corp ARIS
63 GF Score
Price $15.17
GF Value $8.01
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Aris Mining Scaled Net Operating Assets?

Aris Mining ARIS +1.13% 63 Scaled Net Operating Assets is 0.66 as of Mar. 2026. GuruFocus rates ARIS with a GF Score™ of 63/100 and a GF Value™ of $8.01 (Significantly Overvalued). The stock has 4 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.

Aris Mining's operating assets for the quarter that ended in Mar. 2026 was $2,244 Mil. Aris Mining's operating liabilities for the quarter that ended in Mar. 2026 was $600 Mil. Aris Mining's Total Assets for the quarter that ended in Dec. 2025 was $2,507 Mil. Therefore, Aris Mining's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.66.


Aris Mining Scaled Net Operating Assets Historical Data

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The historical data trend for Aris Mining'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.

Aris Mining Scaled Net Operating Assets Chart

Aris Mining 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 0.73 0.63 0.65 1.00 0.79

Aris Mining 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 0.71 -0.15 0.00 0.66 0.66

ARIS vs NEM, AU: Scaled Net Operating Assets Comparison

For the Gold subindustry, Aris Mining'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.


Aris Mining Scaled Net Operating Assets vs Metals & Mining Industry

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

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


ARIS
63GF Score
Aris Mining Corp ARIS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Aris Mining 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.

Aris Mining'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 )
=(2115.106-535.41)/1994.504
=0.79

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2506.98 - 391.874
=2115.106

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1060.92 - 469.246 - 56.264
=535.41

Aris Mining'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 )
=(2243.529-599.563)/2506.98
=0.66

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2715.611 - 472.082
=2243.529

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1143.89 - 467.943 - 76.384
=599.563

* 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 0.66 mean?
Aris Mining (ARIS) has a Scaled Net Operating Assets of 0.66 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 Aris Mining and its competitors.
Is Aris Mining's Scaled Net Operating Assets too high?
Aris Mining's current Scaled Net Operating Assets is 0.66. Overall, Aris Mining has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aris Mining's Scaled Net Operating Assets compare to NEM and AU?
Aris Mining's Scaled Net Operating Assets of 0.66 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 Aris Mining and its competitors. Aris Mining's current Scaled Net Operating Assets is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aris Mining stock overvalued right now?
Based on GuruFocus' analysis, Aris Mining (ARIS) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.01, compared to a current price of $15.17 — trading 89.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.66. Aris Mining's overall GF Score™ is 63/100 with 4 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 Aris Mining (ARIS), the current Scaled Net Operating Assets is 0.66 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 Aris Mining (ARIS) Overvalued in 2026?

Based on GuruFocus' analysis, Aris Mining stock appears to be overvalued. The current stock price of $15.17 is trading 89.4% above its estimated GF Value™ of $8.01. GuruFocus considers Aris Mining to be Significantly Overvalued.

Key valuation signals for ARIS:

  • Scaled Net Operating Assets: 0.66
  • GF Value™: $8.01 vs. price of $15.17 (89.4% above fair value)
  • GF Score™: 63/100 with 4 warning signs

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


Aris Mining Business Description

Other Exchanges ZP1:GermanyARIS:Canada
Address 1021 W Hastings Street, Suite 2400, Vancouver, BC, CAN, V6E 0C3
Aris Mining Corp is a Canadian gold mining company focused on South America. It is mainly engaged in the acquisition, exploration, development, and operation of gold properties in Colombia and Guyana. Aris Mining operates the Segovia and Marmato Mines and the Soto Norte Project in Colombia. Additionally, it owns the Toroparu Project in Guyana. The company considers its Segovia and Marmato Mines in Colombia, its Toroparu Project in Guyana, its Soto Norte Project in Colombia, and its corporate functions in Canada and other corporate entities as its reportable segments. The majority of its revenue is generated from operations at the Segovia mines in Colombia.
63GF 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.

$15.17
Price
$8.01
GF Value