Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Sandfire Resources's operating assets for the quarter that ended in Dec. 2025 was A$4,150 Mil. Sandfire Resources's operating liabilities for the quarter that ended in Dec. 2025 was A$1,291 Mil. Sandfire Resources's Total Assets for the quarter that ended in Jun. 2025 was A$4,406 Mil. Therefore, Sandfire Resources's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.65.
Sandfire Resources Scaled Net Operating Assets Related Terms
Sandfire Resources Scaled Net Operating Assets Historical Data
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The historical data trend for Sandfire 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.
Sandfire Resources Scaled Net Operating Assets Chart
ASX:SFR vs SCCO, FCX: Scaled Net Operating Assets Comparison
For the Copper subindustry, Sandfire 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.
Sandfire Resources Scaled Net Operating Assets vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Sandfire Resources's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Sandfire 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 0.65 mean?
Sandfire Resources (ASX:SFR) has a Scaled Net Operating Assets of 0.65 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 Sandfire Resources and its competitors.
Is Sandfire Resources' Scaled Net Operating Assets too high?
Sandfire Resources' current Scaled Net Operating Assets is 0.65. Overall, Sandfire Resources has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sandfire Resources' Scaled Net Operating Assets compare to SCCO and FCX?
Sandfire Resources' Scaled Net Operating Assets of 0.65 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 Sandfire Resources and its competitors. Sandfire Resources's current Scaled Net Operating Assets is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sandfire Resources stock overvalued right now?
Based on GuruFocus' analysis, Sandfire Resources (ASX:SFR) is currently considered Modestly Overvalued. The stock's GF Value™ is A$14.53, compared to a current price of A$18.89 — trading 30% above its estimated fair value. The current Scaled Net Operating Assets is 0.65. Sandfire Resources' overall GF Score™ is 86/100 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 Sandfire Resources (ASX:SFR), the current Scaled Net Operating Assets is 0.65 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 Sandfire Resources (ASX:SFR) Overvalued in 2026?
Based on GuruFocus' analysis, Sandfire Resources stock appears to be overvalued.
The current stock price of A$18.89 is trading 30% above its estimated GF Value™ of A$14.53.
GuruFocus considers Sandfire Resources to be Modestly Overvalued.
Key valuation signals for ASX:SFR:
Scaled Net Operating Assets: 0.65
GF Value™: A$14.53 vs. price of A$18.89 (30% above fair value)
No single metric tells the full story. See the ASX:SFR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sandfire Resources Ltd is a copper-focused mineral exploration and development company. The company's operating segments include DeGrussa Copper operations, MATSA Copper Operations, Black Butte Copper Project, Motheo Copper Operations, and Exploration and Other. It derives key revenue from the MATSA Copper Operations segment, which consists of the Minas de Aguas Tenidas (MATSA) polymetallic mining complex in Spain and exploration and evaluation activities in Spain and Portugal. The operations comprise three underground mines and a central processing facility. The mines generate revenue from the sale of copper, zinc, and lead concentrates containing a silver by-product. Geographically, the company generates maximum revenue from Spain, followed by China, Sweden, Malaysia, and other regions.
86GF Score
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