Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
New Hope's operating assets for the quarter that ended in Jan. 2026 was A$2,878 Mil. New Hope's operating liabilities for the quarter that ended in Jan. 2026 was A$510 Mil. New Hope's Total Assets for the quarter that ended in Jul. 2025 was A$3,539 Mil. Therefore, New Hope's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.67.
New Hope Scaled Net Operating Assets Related Terms
New Hope Scaled Net Operating Assets Historical Data
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The historical data trend for New Hope'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.
New Hope Scaled Net Operating Assets Competitor Comparison
For the Thermal Coal subindustry, New Hope'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.
New Hope Scaled Net Operating Assets vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, New Hope's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where New Hope'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 0.67 mean?
New Hope (ASX:NHC) has a Scaled Net Operating Assets of 0.67 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on New Hope and its competitors.
Is New Hope's Scaled Net Operating Assets too high?
New Hope's current Scaled Net Operating Assets is 0.67. Overall, New Hope has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Hope's Scaled Net Operating Assets compare to competitors?
New Hope's Scaled Net Operating Assets of 0.67 can be compared against companies in the Other Energy Sources 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 an Other Energy Sources company?
A good Scaled Net Operating Assets depends on the Other Energy Sources 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 New Hope and its competitors. New Hope's current Scaled Net Operating Assets is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Hope stock overvalued right now?
Based on GuruFocus' analysis, New Hope (ASX:NHC) is currently considered Significantly Overvalued. The stock's GF Value™ is A$4.03, compared to a current price of A$5.38 — trading 33.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.67. New Hope's overall GF Score™ is 68/100 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 New Hope (ASX:NHC), the current Scaled Net Operating Assets is 0.67 as of Jan. 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 New Hope (ASX:NHC) Overvalued in 2026?
Based on GuruFocus' analysis, New Hope stock appears to be overvalued.
The current stock price of A$5.38 is trading 33.5% above its estimated GF Value™ of A$4.03.
GuruFocus considers New Hope to be Significantly Overvalued.
Key valuation signals for ASX:NHC:
Scaled Net Operating Assets: 0.67
GF Value™: A$4.03 vs. price of A$5.38 (33.5% above fair value)
No single metric tells the full story. See the ASX:NHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Hope Corporation is an Australian thermal coal miner. It has two operating mines: the 100%-owned New Acland coal mine in Queensland and its 80%-owned Bengalla coal mine in New South Wales. The company should sell around 13 million metric tons of thermal coal annually from fiscal 2028, up from around 10.5 million in fiscal 2025, driven by the construction and ramp up of New Acland Stage 3. The vast majority of New Hope's production is sold into seaborne thermal coal export markets. Reserves at New Acland and Bengalla are sufficient to support multidecade mine lives. New Hope also has significant undeveloped coal resources in Queensland, as well as a 23% holding in the Malabar-Maxwell metallurgical coal mine, which began production in 2023.
68GF Score
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