Metro Performance Glass (ASX:MPP) Scaled Net Operating Assets: 0.73 (As of Mar. 2026)


ASX:MPP Metro Performance Glass Ltd ASX:MPP
33 GF Score
Price A$0.95
GF Value A$0.49
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Metro Performance Glass Scaled Net Operating Assets?

Metro Performance Glass ASX:MPP 33 Scaled Net Operating Assets is 0.73 as of Mar. 2026. GuruFocus rates ASX:MPP with a GF Score™ of 33/100 and a GF Value™ of A$0.49 (Significantly Overvalued). The stock has 6 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.

Metro Performance Glass's operating assets for the quarter that ended in Mar. 2026 was A$156.4 Mil. Metro Performance Glass's operating liabilities for the quarter that ended in Mar. 2026 was A$26.0 Mil. Metro Performance Glass's Total Assets for the quarter that ended in Sep. 2025 was A$178.2 Mil. Therefore, Metro Performance Glass's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.73.


Metro Performance Glass Scaled Net Operating Assets Historical Data

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The historical data trend for Metro Performance Glass'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.

Metro Performance Glass Scaled Net Operating Assets Chart

Metro Performance Glass Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.78 0.71 0.77 0.70

Metro Performance Glass Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.77 0.51 0.79 0.79 0.73

ASX:MPP vs TT, JCI, CARR: Scaled Net Operating Assets Comparison

For the Building Products & Equipment subindustry, Metro Performance Glass'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.


Metro Performance Glass Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Metro Performance Glass's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Metro Performance Glass's Scaled Net Operating Assets falls into.


ASX:MPP
33GF Score
Metro Performance Glass Ltd ASX:MPP
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Metro Performance Glass 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.

Metro Performance Glass's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(156.406-26.018)/185.342
=0.70

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=163.294 - 6.888
=156.406

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=113.329 - 78.998 - 8.313
=26.018

Metro Performance Glass's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Sep. 2025 )
=(156.406-26.018)/178.217
=0.73

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=163.294 - 6.888
=156.406

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=113.329 - 78.998 - 8.313
=26.018

* 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 0.73 mean?
Metro Performance Glass (ASX:MPP) has a Scaled Net Operating Assets of 0.73 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Metro Performance Glass and its competitors.
Is Metro Performance Glass' Scaled Net Operating Assets too high?
Metro Performance Glass' current Scaled Net Operating Assets is 0.73. Overall, Metro Performance Glass has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metro Performance Glass' Scaled Net Operating Assets compare to TT and JCI?
Metro Performance Glass' Scaled Net Operating Assets of 0.73 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Metro Performance Glass and its competitors. Metro Performance Glass's current Scaled Net Operating Assets is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro Performance Glass stock overvalued right now?
Based on GuruFocus' analysis, Metro Performance Glass (ASX:MPP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.49, compared to a current price of A$0.95 — trading 92.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.73. Metro Performance Glass' overall GF Score™ is 33/100 with 6 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 Metro Performance Glass (ASX:MPP), the current Scaled Net Operating Assets is 0.73 as of Mar. 2026. 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 Metro Performance Glass (ASX:MPP) Overvalued in 2026?

Based on GuruFocus' analysis, Metro Performance Glass stock appears to be overvalued. The current stock price of A$0.95 is trading 92.9% above its estimated GF Value™ of A$0.49. GuruFocus considers Metro Performance Glass to be Significantly Overvalued.

Key valuation signals for ASX:MPP:

  • Scaled Net Operating Assets: 0.73
  • GF Value™: A$0.49 vs. price of A$0.95 (92.9% above fair value)
  • GF Score™: 33/100 with 6 warning signs

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


Metro Performance Glass Business Description

Other Exchanges MPG:New Zealand
Address 5 Lady Fisher Place, East Tamaki, Auckland, NZL, 2013
Metro Performance Glass Ltd operates as a glass processor. It group supplies processed flat glass and related products to the residential and commercial building sectors. It offers a range of glass products, including Decorative Glass, low Glass, Mirrors, bathroom shower screens, Shower Glass, Safety Security glass, Obscure, Frosted, and Privacy Glass, doors, and others. Its geographical segments include New Zealand and Australia. It generates a majority of its revenue from New Zealand.
33GF 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$0.95
Price
A$0.49
GF Value