Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Harmoney's operating assets for the quarter that ended in Dec. 2025 was A$857.8 Mil. Harmoney's operating liabilities for the quarter that ended in Dec. 2025 was A$9.0 Mil. Harmoney's Total Assets for the quarter that ended in Jun. 2025 was A$877.8 Mil. Therefore, Harmoney's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.97.
Harmoney Scaled Net Operating Assets Related Terms
Harmoney Scaled Net Operating Assets Historical Data
* Premium members only.
The historical data trend for Harmoney'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.
ASX:HMY vs V, MA, AXP: Scaled Net Operating Assets Comparison
For the Credit Services subindustry, Harmoney'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.
Harmoney Scaled Net Operating Assets vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Harmoney's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Harmoney's Scaled Net Operating Assets falls into.
* 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 0.97 mean?
Harmoney (ASX:HMY) has a Scaled Net Operating Assets of 0.97 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 Harmoney and its competitors.
Is Harmoney's Scaled Net Operating Assets too high?
Harmoney's current Scaled Net Operating Assets is 0.97. Overall, Harmoney has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harmoney's Scaled Net Operating Assets compare to V and MA?
Harmoney's Scaled Net Operating Assets of 0.97 can be compared against companies in the Credit Services 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 Credit Services company?
A good Scaled Net Operating Assets depends on the Credit Services 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 Harmoney and its competitors. Harmoney's current Scaled Net Operating Assets is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harmoney stock overvalued right now?
Based on GuruFocus' analysis, Harmoney (ASX:HMY) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.58, compared to a current price of A$0.80 — trading 37.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.97. Harmoney's overall GF Score™ is 38/100 with 5 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 Harmoney (ASX:HMY), the current Scaled Net Operating Assets is 0.97 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 Harmoney (ASX:HMY) Overvalued in 2026?
Based on GuruFocus' analysis, Harmoney stock appears to be overvalued.
The current stock price of A$0.80 is trading 37.1% above its estimated GF Value™ of A$0.58.
GuruFocus considers Harmoney to be Significantly Overvalued.
Key valuation signals for ASX:HMY:
Scaled Net Operating Assets: 0.97
GF Value™: A$0.58 vs. price of A$0.80 (37.1% above fair value)
No single metric tells the full story. See the ASX:HMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harmoney Corp Ltd operates in the consumer credit industry. It provides customers with secured and unsecured personal loans that are easy to access, competitively priced using risk-adjusted interest rates, and accessed completely online. Geographically, the group generates maximum revenue from its business in Australia, and the rest from New Zealand.
38GF Score
Get the complete analysis for ASX:HMY
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:HMY has been successfully added to your 
