MLG Oz (ASX:MLG) Scaled Net Operating Assets: 0.71 (As of Dec. 2025)


ASX:MLG MLG Oz Ltd ASX:MLG
43 GF Score
Price A$0.74
GF Value A$0.75
Valuation Fairly Valued
! 5 Warning Signs
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What is MLG Oz Scaled Net Operating Assets?

MLG Oz ASX:MLG -2.00% 43 Scaled Net Operating Assets is 0.71 as of Dec. 2025. GuruFocus rates ASX:MLG with a GF Score™ of 43/100 and a GF Value™ of A$0.75 (Fairly Valued). The stock has 5 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.

MLG Oz's operating assets for the quarter that ended in Dec. 2025 was A$320.4 Mil. MLG Oz's operating liabilities for the quarter that ended in Dec. 2025 was A$93.1 Mil. MLG Oz's Total Assets for the quarter that ended in Jun. 2025 was A$319.3 Mil. Therefore, MLG Oz's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.71.


MLG Oz Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for MLG Oz'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.

MLG Oz Scaled Net Operating Assets Chart

MLG Oz Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
0.70 0.85 0.69 0.78 0.72

MLG Oz Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.75 0.74 0.74 0.70 0.71

MLG Oz Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, MLG Oz'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.


MLG Oz Scaled Net Operating Assets vs Metals & Mining Industry

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

* The bar in red indicates where MLG Oz's Scaled Net Operating Assets falls into.


ASX:MLG
43GF Score
MLG Oz Ltd ASX:MLG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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MLG Oz 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.

MLG Oz'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 )
=(310.023-98.45)/293.412
=0.72

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=319.264 - 9.241
=310.023

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=174.086 - 46.697 - 28.939
=98.45

MLG Oz'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 )
=(320.378-93.089)/319.264
=0.71

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=330.104 - 9.726
=320.378

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=176.693 - 49.856 - 33.748
=93.089

* 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 0.71 mean?
MLG Oz (ASX:MLG) has a Scaled Net Operating Assets of 0.71 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 MLG Oz and its competitors.
Is MLG Oz's Scaled Net Operating Assets too high?
MLG Oz's current Scaled Net Operating Assets is 0.71. Overall, MLG Oz has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MLG Oz's Scaled Net Operating Assets compare to competitors?
MLG Oz's Scaled Net Operating Assets of 0.71 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 MLG Oz and its competitors. MLG Oz's current Scaled Net Operating Assets is 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MLG Oz stock overvalued right now?
Based on GuruFocus' analysis, MLG Oz (ASX:MLG) is currently considered Fairly Valued. The stock's GF Value™ is A$0.75, compared to a current price of A$0.74 — trading 2% below its estimated fair value. The current Scaled Net Operating Assets is 0.71. MLG Oz's overall GF Score™ is 43/100 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 MLG Oz (ASX:MLG), the current Scaled Net Operating Assets is 0.71 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 MLG Oz (ASX:MLG) Overvalued in 2026?

Based on GuruFocus' analysis, MLG Oz stock appears to be undervalued. The current stock price of A$0.74 is trading 2% below its estimated GF Value™ of A$0.75. GuruFocus considers MLG Oz to be Fairly Valued.

Key valuation signals for ASX:MLG:

  • Scaled Net Operating Assets: 0.71
  • GF Value™: A$0.75 vs. price of A$0.74 (2% below fair value)
  • GF Score™: 43/100 with 5 warning signs

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


MLG Oz Business Description

Address 10 Yindi Way, Broadwood, Kalgoorlie, WA, AUS, 6430
MLG Oz Ltd is a Kalgoorlie-based integrated mining services and resource asset management company. It supports ore processing facilities across gold, iron ore, and base metals in Western Australia and the Northern Territory. The company offers comprehensive mine site and supply chain solutions throughout the project lifecycle under a single contractual framework, including civil and construction, crushing and screening, bulk haulage and site services, and supply of mining and construction materials. Its expertise covers gold, iron ore, nickel, and base metals sectors, with key activities in bulk haulage, civil mining, construction aggregates, and crushing and screening.
43GF 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$0.74
Price
A$0.75
GF Value