ASHXF (Progressive Planet Solutions) Scaled Net Operating Assets: 0.76 (As of Jan. 2026)


ASHXF Progressive Planet Solutions Inc ASHXF
34 GF Score
Price $0.23
GF Value $0.14
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Progressive Planet Solutions Scaled Net Operating Assets?

Progressive Planet Solutions ASHXF -3.54% 34 Scaled Net Operating Assets is 0.76 as of Jan. 2026. GuruFocus rates ASHXF with a GF Score™ of 34/100 and a GF Value™ of $0.14 (Significantly Overvalued). The stock has 3 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.

Progressive Planet Solutions's operating assets for the quarter that ended in Jan. 2026 was $18.48 Mil. Progressive Planet Solutions's operating liabilities for the quarter that ended in Jan. 2026 was $3.11 Mil. Progressive Planet Solutions's Total Assets for the quarter that ended in Oct. 2025 was $20.19 Mil. Therefore, Progressive Planet Solutions's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.76.


Progressive Planet Solutions Scaled Net Operating Assets Historical Data

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The historical data trend for Progressive Planet Solutions'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.

Progressive Planet Solutions Scaled Net Operating Assets Chart

Progressive Planet Solutions Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.65 4.83 0.70 0.75 0.62

Progressive Planet Solutions Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 0.62 0.62 0.69 0.74 0.76

Progressive Planet Solutions Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Progressive Planet Solutions'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.


Progressive Planet Solutions Scaled Net Operating Assets vs Metals & Mining Industry

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

* The bar in red indicates where Progressive Planet Solutions's Scaled Net Operating Assets falls into.


ASHXF
34GF Score
Progressive Planet Solutions Inc ASHXF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Progressive Planet Solutions 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.

Progressive Planet Solutions's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Apr. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Apr. 2025 )
=(Operating Assets (A: Apr. 2025 )-Operating Liabilities (A: Apr. 2025 ))/Total Assets (A: Apr. 2024 )
=(16.129-4.12)/19.237
=0.62

where

Operating Assets(A: Apr. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20.012 - 3.883
=16.129

Operating Liabilities(A: Apr. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.725 - 5.314 - 0.291
=4.12

Progressive Planet Solutions's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2026 )
=(Operating Assets (Q: Jan. 2026 )-Operating Liabilities (Q: Jan. 2026 ))/Total Assets (Q: Oct. 2025 )
=(18.479-3.111)/20.192
=0.76

where

Operating Assets(Q: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20.039 - 1.56
=18.479

Operating Liabilities(Q: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8.494 - 5.127 - 0.256
=3.111

* 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 0.76 mean?
Progressive Planet Solutions (ASHXF) has a Scaled Net Operating Assets of 0.76 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Progressive Planet Solutions and its competitors.
Is Progressive Planet Solutions' Scaled Net Operating Assets too high?
Progressive Planet Solutions' current Scaled Net Operating Assets is 0.76. Overall, Progressive Planet Solutions has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Progressive Planet Solutions' Scaled Net Operating Assets compare to competitors?
Progressive Planet Solutions' Scaled Net Operating Assets of 0.76 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 Progressive Planet Solutions and its competitors. Progressive Planet Solutions's current Scaled Net Operating Assets is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progressive Planet Solutions stock overvalued right now?
Based on GuruFocus' analysis, Progressive Planet Solutions (ASHXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.14, compared to a current price of $0.23 — trading 65.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.76. Progressive Planet Solutions' overall GF Score™ is 34/100 with 3 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 Progressive Planet Solutions (ASHXF), the current Scaled Net Operating Assets is 0.76 as of Jan. 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 Progressive Planet Solutions (ASHXF) Overvalued in 2026?

Based on GuruFocus' analysis, Progressive Planet Solutions stock appears to be overvalued. The current stock price of $0.23 is trading 65.4% above its estimated GF Value™ of $0.14. GuruFocus considers Progressive Planet Solutions to be Significantly Overvalued.

Key valuation signals for ASHXF:

  • Scaled Net Operating Assets: 0.76
  • GF Value™: $0.14 vs. price of $0.23 (65.4% above fair value)
  • GF Score™: 34/100 with 3 warning signs

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


Progressive Planet Solutions Business Description

Other Exchanges ARB3:GermanyPLAN:Canada
Address 724 Sarcee Street East, Kamloops, BC, CAN, V2H 1E7
Progressive Planet Solutions Inc is a manufacturer of mineral-based products derived from diatomaceous earth, zeolite, and bentonite. It owns a diatomaceous earth mine and a bentonite mine both located in Canada, and is also an operator and partial owner of a zeolite mine. Its expertise lies in developing critical low-carbon and carbon sequestering solutions. The company is also engaged in research and development activities to expand its current operations by developing products for the agricultural and supplementary cementing materials markets. Geographically, its products are sold in the United States where it generates maximum revenue, and in Canada.
34GF 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.

$0.23
Price
$0.14
GF Value