Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Mineral Resources's operating assets for the quarter that ended in Dec. 2025 was A$11,257 Mil. Mineral Resources's operating liabilities for the quarter that ended in Dec. 2025 was A$2,200 Mil. Mineral Resources's Total Assets for the quarter that ended in Jun. 2025 was A$11,927 Mil. Therefore, Mineral Resources's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.76.
Mineral Resources Scaled Net Operating Assets Related Terms
Mineral Resources Scaled Net Operating Assets Historical Data
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The historical data trend for Mineral Resources'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.
Mineral Resources Scaled Net Operating Assets Chart
Mineral Resources Scaled Net Operating Assets Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Mineral Resources'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.
Mineral Resources Scaled Net Operating Assets vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mineral Resources's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Mineral Resources'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 0.76 mean?
Mineral Resources (ASX:MIN) has a Scaled Net Operating Assets of 0.76 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 Mineral Resources and its competitors.
Is Mineral Resources' Scaled Net Operating Assets too high?
Mineral Resources' current Scaled Net Operating Assets is 0.76. Overall, Mineral Resources has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mineral Resources' Scaled Net Operating Assets compare to competitors?
Mineral Resources' 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 Mineral Resources and its competitors. Mineral Resources'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 Mineral Resources stock overvalued right now?
Based on GuruFocus' analysis, Mineral Resources (ASX:MIN) is currently considered Modestly Undervalued. The stock's GF Value™ is A$72.28, compared to a current price of A$64.14 — trading 11.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.76. Mineral Resources' overall GF Score™ is 85/100 with 12 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 Mineral Resources (ASX:MIN), the current Scaled Net Operating Assets is 0.76 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 Mineral Resources (ASX:MIN) Overvalued in 2026?
Based on GuruFocus' analysis, Mineral Resources stock appears to be undervalued.
The current stock price of A$64.14 is trading 11.3% below its estimated GF Value™ of A$72.28.
GuruFocus considers Mineral Resources to be Modestly Undervalued.
Key valuation signals for ASX:MIN:
Scaled Net Operating Assets: 0.76
GF Value™: A$72.28 vs. price of A$64.14 (11.3% below fair value)
No single metric tells the full story. See the ASX:MIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mineral Resources listed on the ASX in 2006 following the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder despite selling down. Operations include iron ore and lithium mining, iron ore crushing and screening services for third parties, and engineering and construction for mining companies. Mining and contracting activity is focused in Western Australia.
85GF Score
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