Medallion Metals (ASX:MM8) Scaled Net Operating Assets: 0.93 (As of Dec. 2025)

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ASX:MM8 Medallion Metals Ltd ASX:MM8
32 GF Score
Price A$0.42
GF Value A$0.01
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Medallion Metals Scaled Net Operating Assets?

Medallion Metals ASX:MM8 +2.44% 32 Scaled Net Operating Assets is 0.93 as of Dec. 2025. GuruFocus rates ASX:MM8 with a GF Score™ of 32/100 and a GF Value™ of A$0.01 (Significantly Overvalued). The stock has 2 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.

Medallion Metals's operating assets for the quarter that ended in Dec. 2025 was A$32.23 Mil. Medallion Metals's operating liabilities for the quarter that ended in Dec. 2025 was A$5.46 Mil. Medallion Metals's Total Assets for the quarter that ended in Jun. 2025 was A$28.93 Mil. Therefore, Medallion Metals's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.93.


Medallion Metals Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Medallion Metals'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.

Medallion Metals Scaled Net Operating Assets Chart

Medallion Metals Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.10 0.70 0.85 0.85 1.06

Medallion Metals Semi-Annual Data
Jun20 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 0.89 0.74 0.90 0.86 0.93

ASX:MM8 vs HL: Scaled Net Operating Assets Comparison

For the Other Precious Metals & Mining subindustry, Medallion Metals'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.


Medallion Metals Scaled Net Operating Assets vs Metals & Mining Industry

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

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


ASX:MM8
32GF Score
Medallion Metals Ltd ASX:MM8
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Medallion Metals 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.

Medallion Metals'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 )
=(19.466-2.083)/16.42
=1.06

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=28.93 - 9.464
=19.466

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.999 - 2.916 - 0
=2.083

Medallion Metals'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 )
=(32.232-5.461)/28.93
=0.93

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=95.055 - 62.823
=32.232

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8.774 - 0 - 3.313
=5.461

* 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 0.93 mean?
Medallion Metals (ASX:MM8) has a Scaled Net Operating Assets of 0.93 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 Medallion Metals and its competitors.
Is Medallion Metals' Scaled Net Operating Assets too high?
Medallion Metals' current Scaled Net Operating Assets is 0.93. Overall, Medallion Metals has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Medallion Metals' Scaled Net Operating Assets compare to HL?
Medallion Metals' Scaled Net Operating Assets of 0.93 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 Medallion Metals and its competitors. Medallion Metals's current Scaled Net Operating Assets is 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medallion Metals stock overvalued right now?
Based on GuruFocus' analysis, Medallion Metals (ASX:MM8) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.42 — trading 4100% above its estimated fair value. The current Scaled Net Operating Assets is 0.93. Medallion Metals' overall GF Score™ is 32/100 with 2 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 Medallion Metals (ASX:MM8), the current Scaled Net Operating Assets is 0.93 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 Medallion Metals (ASX:MM8) Overvalued in 2026?

Based on GuruFocus' analysis, Medallion Metals stock appears to be overvalued. The current stock price of A$0.42 is trading 4100% above its estimated GF Value™ of A$0.01. GuruFocus considers Medallion Metals to be Significantly Overvalued.

Key valuation signals for ASX:MM8:

  • Scaled Net Operating Assets: 0.93
  • GF Value™: A$0.01 vs. price of A$0.42 (4100% above fair value)
  • GF Score™: 32/100 with 2 warning signs

No single metric tells the full story. See the ASX:MM8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Medallion Metals Business Description

Other Exchanges 6EY0:Germany
Address 50 Kings Park Road, Suite 2, Level 1, West Perth, Perth, WA, AUS, 6005
Medallion Metals Ltd is a minerals exploration company based in Perth, Western Australia. To the north, it has the Ravensthorpe Gold Project, comprising mineral rights yielding amounts of high-grade gold and copper. To the south, the Jerdacuttup Project is prospective for base and precious metals. The firm has one reportable segment that is Project Operations.
32GF Score

Get the complete analysis for ASX:MM8

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

A$0.42
Price
A$0.01
GF Value