Victory Metals (ASX:VTM) Scaled Net Operating Assets: 0.72 (As of Dec. 2025)


ASX:VTM Victory Metals Ltd ASX:VTM
39 GF Score
Price A$1.58
! 1 Warning Sign
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What is Victory Metals Scaled Net Operating Assets?

Victory Metals ASX:VTM +2.61% 39 Scaled Net Operating Assets is 0.72 as of Dec. 2025. GuruFocus rates ASX:VTM with a GF Score™ of 39/100. The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Victory Metals's operating assets for the quarter that ended in Dec. 2025 was A$13.31 Mil. Victory Metals's operating liabilities for the quarter that ended in Dec. 2025 was A$0.82 Mil. Victory Metals's Total Assets for the quarter that ended in Jun. 2025 was A$17.40 Mil. Therefore, Victory Metals's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.72.


Victory Metals Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Victory 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.

Victory Metals Scaled Net Operating Assets Chart

Victory Metals Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
0.45 1.16 0.88 0.89

Victory Metals Semi-Annual Data
Dec20 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 0.71 0.83 0.87 0.66 0.72

Victory Metals Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Victory 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.


Victory Metals Scaled Net Operating Assets vs Metals & Mining Industry

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

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


ASX:VTM
39GF Score
Victory Metals Ltd ASX:VTM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Victory 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.

Victory 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 )
=(10.939-1.083)/11.025
=0.89

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=17.402 - 6.463
=10.939

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.279 - 0.114 - 0.082
=1.083

Victory 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 )
=(13.308-0.815)/17.402
=0.72

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=26.871 - 13.563
=13.308

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.815 - 0 - 0
=0.815

* 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 0.72 mean?
Victory Metals (ASX:VTM) has a Scaled Net Operating Assets of 0.72 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 Victory Metals and its competitors.
Is Victory Metals' Scaled Net Operating Assets too high?
Victory Metals' current Scaled Net Operating Assets is 0.72. Overall, Victory Metals has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Victory Metals' Scaled Net Operating Assets compare to competitors?
Victory Metals' Scaled Net Operating Assets of 0.72 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 Victory Metals and its competitors. Victory Metals's current Scaled Net Operating Assets is 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victory Metals stock overvalued right now?
Victory Metals (ASX:VTM) has a current Scaled Net Operating Assets of 0.72. The current Scaled Net Operating Assets is 0.72. Victory Metals' overall GF Score™ is 39/100 with 1 warning sign 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 Victory Metals (ASX:VTM), the current Scaled Net Operating Assets is 0.72 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.

Victory Metals Business Description

Other Exchanges SJ60:Germany
Address 295 Rokeby Road, Suite 1, Subiaco, Perth, WA, AUS, 6008
Victory Metals Ltd is an Australian-listed mineral exploration company focused principally on rare earth elements (REE) and critical minerals. Their key project is the North Stanmore Heavy Rare Earth Elements (HREE) project in Western Australia. The company is engaged in exploration and development activities targeting rare earths such as dysprosium, terbium, scandium, and hafnium, which have strategic importance for defense, clean energy.
39GF Score

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A$1.58
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