Argo Investments (ASX:ARG) Scaled Net Operating Assets: 0.84 (As of Dec. 2025)


ASX:ARG Argo Investments Ltd ASX:ARG
68 GF Score
Price A$9.08
GF Value A$9.13
Valuation Fairly Valued
! 4 Warning Signs
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What is Argo Investments Scaled Net Operating Assets?

Argo Investments ASX:ARG +1.11% 68 Scaled Net Operating Assets is 0.84 as of Dec. 2025. GuruFocus rates ASX:ARG with a GF Score™ of 68/100 and a GF Value™ of A$9.13 (Fairly Valued). 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.

Argo Investments's operating assets for the quarter that ended in Dec. 2025 was A$7,873.8 Mil. Argo Investments's operating liabilities for the quarter that ended in Dec. 2025 was A$1,160.0 Mil. Argo Investments's Total Assets for the quarter that ended in Jun. 2025 was A$8,028.2 Mil. Therefore, Argo Investments's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.84.

ASX:ARG
68GF Score
Argo Investments Ltd ASX:ARG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Argo Investments 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.

Argo Investments'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 )
=(7908.914-1210.296)/7393.035
=0.91

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=8028.237 - 119.323
=7908.914

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1210.296 - 0 - 0
=1210.296

Argo Investments'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 )
=(7873.832-1160.032)/8028.237
=0.84

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=7909.946 - 36.114
=7873.832

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1160.032 - 0 - 0
=1160.032

* 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 0.84 mean?
Argo Investments (ASX:ARG) has a Scaled Net Operating Assets of 0.84 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 Argo Investments and its competitors.
Is Argo Investments' Scaled Net Operating Assets too high?
Argo Investments' current Scaled Net Operating Assets is 0.84. Overall, Argo Investments has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Argo Investments' Scaled Net Operating Assets compare to BLK and BX?
Argo Investments' Scaled Net Operating Assets of 0.84 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Argo Investments and its competitors. Argo Investments's current Scaled Net Operating Assets is 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Investments stock overvalued right now?
Based on GuruFocus' analysis, Argo Investments (ASX:ARG) is currently considered Fairly Valued. The stock's GF Value™ is A$9.13, compared to a current price of A$9.08 — trading 0.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.84. Argo Investments' overall GF Score™ is 68/100 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 Argo Investments (ASX:ARG), the current Scaled Net Operating Assets is 0.84 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 Argo Investments (ASX:ARG) Overvalued in 2026?

Based on GuruFocus' analysis, Argo Investments stock appears to be undervalued. The current stock price of A$9.08 is trading 0.5% below its estimated GF Value™ of A$9.13. GuruFocus considers Argo Investments to be Fairly Valued.

Key valuation signals for ASX:ARG:

  • Scaled Net Operating Assets: 0.84
  • GF Value™: A$9.13 vs. price of A$9.08 (0.5% below fair value)
  • GF Score™: 68/100 with 4 warning signs

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

Argo Investments Business Description

Address 91 King William Street, Level 25, Adelaide, SA, AUS, 5000
Argo Investments Ltd is an Australian investment company that offers investors low-cost, conservative, and diverse exposure to Australian companies. It generates revenue from dividends and distributions received from the companies in its investment portfolio.
68GF Score

Get the complete analysis for ASX:ARG

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

A$9.08
Price
A$9.13
GF Value