Australian Finance Group (ASX:AFG) Scaled Net Operating Assets: 0.91 (As of Dec. 2025)


ASX:AFG Australian Finance Group Ltd ASX:AFG
64 GF Score
Price A$1.65
GF Value A$2.96
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Australian Finance Group Scaled Net Operating Assets?

Australian Finance Group ASX:AFG -2.65% 64 Scaled Net Operating Assets is 0.91 as of Dec. 2025. GuruFocus rates ASX:AFG with a GF Score™ of 64/100 and a GF Value™ of A$2.96 (Significantly Undervalued). 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.

Australian Finance Group's operating assets for the quarter that ended in Dec. 2025 was A$7,687.4 Mil. Australian Finance Group's operating liabilities for the quarter that ended in Dec. 2025 was A$1,284.0 Mil. Australian Finance Group's Total Assets for the quarter that ended in Jun. 2025 was A$7,067.5 Mil. Therefore, Australian Finance Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.91.

ASX:AFG
64GF Score
Australian Finance Group Ltd ASX:AFG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Australian Finance Group 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.

Australian Finance Group'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 )
=(6843.7-1228.3)/5977.375
=0.94

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=7067.5 - 223.8
=6843.7

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6845.4 - 0 - 5617.1
=1228.3

Australian Finance Group'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 )
=(7687.4-1284)/7067.5
=0.91

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=7924 - 236.6
=7687.4

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7692.6 - 0 - 6408.6
=1284

* 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 0.91 mean?
Australian Finance Group (ASX:AFG) has a Scaled Net Operating Assets of 0.91 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 Australian Finance Group and its competitors.
Is Australian Finance Group's Scaled Net Operating Assets too high?
Australian Finance Group's current Scaled Net Operating Assets is 0.91. Overall, Australian Finance Group has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Australian Finance Group's Scaled Net Operating Assets compare to RKT and FNMA?
Australian Finance Group's Scaled Net Operating Assets of 0.91 can be compared against companies in the Banks 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 Banks company?
A good Scaled Net Operating Assets depends on the Banks 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 Australian Finance Group and its competitors. Australian Finance Group's current Scaled Net Operating Assets is 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Finance Group stock overvalued right now?
Based on GuruFocus' analysis, Australian Finance Group (ASX:AFG) is currently considered Significantly Undervalued. The stock's GF Value™ is A$2.96, compared to a current price of A$1.65 — trading 44.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.91. Australian Finance Group's overall GF Score™ is 64/100 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 Australian Finance Group (ASX:AFG), the current Scaled Net Operating Assets is 0.91 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 Australian Finance Group (ASX:AFG) Overvalued in 2026?

Based on GuruFocus' analysis, Australian Finance Group stock appears to be undervalued. The current stock price of A$1.65 is trading 44.3% below its estimated GF Value™ of A$2.96. GuruFocus considers Australian Finance Group to be Significantly Undervalued.

Key valuation signals for ASX:AFG:

  • Scaled Net Operating Assets: 0.91
  • GF Value™: A$2.96 vs. price of A$1.65 (44.3% below fair value)
  • GF Score™: 64/100 with 3 warning signs

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

Australian Finance Group Business Description

Address 100 Havelock Street, Level 4, West Perth, Perth, WA, AUS, 6005
Australian Finance Group Ltd is engaged in mortgage origination and management of home loans and commercial loans. It also distributes its own branded home loan products including traditional mortgage management products, white label. The company's segment includes Distribution, Manufacturing and Central. It generates maximum revenue from the Distribution segment.
64GF 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.

A$1.65
Price
A$2.96
GF Value