Western Mines Group (ASX:WMG) Scaled Net Operating Assets: 0.96 (As of Dec. 2025)


ASX:WMG Western Mines Group Ltd ASX:WMG
32 GF Score
Price A$0.19
View Full Analysis

What is Western Mines Group Scaled Net Operating Assets?

Western Mines Group ASX:WMG -2.63% 32 Scaled Net Operating Assets is 0.96 as of Dec. 2025. GuruFocus rates ASX:WMG with a GF Score™ of 32/100.

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

Western Mines Group's operating assets for the quarter that ended in Dec. 2025 was A$12.37 Mil. Western Mines Group's operating liabilities for the quarter that ended in Dec. 2025 was A$0.70 Mil. Western Mines Group's Total Assets for the quarter that ended in Jun. 2025 was A$12.20 Mil. Therefore, Western Mines Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.96.

Western Mines Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Western Mines Group'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.

Western Mines Group Scaled Net Operating Assets Chart

Western Mines Group Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
0.55 1.27 0.79 0.84 0.88

Western Mines Group Semi-Annual Data
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 0.76 0.74 0.88 0.87 0.96

ASX:WMG vs NEM, AU: Scaled Net Operating Assets Comparison

For the Gold subindustry, Western Mines Group'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.

Western Mines Group Scaled Net Operating Assets vs Metals & Mining Industry

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

* The bar in red indicates where Western Mines Group's Scaled Net Operating Assets falls into.


ASX:WMG
32GF Score
Western Mines Group Ltd ASX:WMG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Western Mines Group 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.

Western Mines Group'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 )
=(10.634-0.252)/11.738
=0.88

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12.197 - 1.563
=10.634

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.252 - 0 - 0
=0.252

Western Mines Group'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 )
=(12.372-0.701)/12.197
=0.96

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15.51 - 3.138
=12.372

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.769 - 0.046 - 0.022
=0.701

* 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 0.96 mean?
Western Mines Group (ASX:WMG) has a Scaled Net Operating Assets of 0.96 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 Western Mines Group and its competitors.
Is Western Mines Group's Scaled Net Operating Assets too high?
Western Mines Group's current Scaled Net Operating Assets is 0.96. Overall, Western Mines Group has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Western Mines Group's Scaled Net Operating Assets compare to NEM and AU?
Western Mines Group's Scaled Net Operating Assets of 0.96 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 Western Mines Group and its competitors. Western Mines Group's current Scaled Net Operating Assets is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Mines Group stock overvalued right now?
Western Mines Group (ASX:WMG) has a current Scaled Net Operating Assets of 0.96. The current Scaled Net Operating Assets is 0.96. Western Mines Group's overall GF Score™ is 32/100. 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 Western Mines Group (ASX:WMG), the current Scaled Net Operating Assets is 0.96 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.

Western Mines Group Business Description

Address 448 Roberts Road, Unit 10, Subiaco, Perth, WA, AUS, 6008
Western Mines Group Ltd is a mineral exploration company based in Western Australia. It focuses on exploring for gold and nickel sulphide deposits across various prospective projects located in several mineral belts of the region. Some of its projects include Mulga Tank Ni-Cu-PGE Project, Melita Gold Project, Jasper Hill Gold Project, Youanmi Gold Project, Pavarotti Ni-Cu-PGE Project, Rock of Ages Gold Project, Broken Hill Bore Gold Project, and Pinyalling Gold Project. The company's primary project centers on an ultramafic complex known for nickel, cobalt, copper, and platinum group elements. Western Mines Group aims to discover and develop mineral resources to create long-term value through its portfolio of exploration initiatives. The company operates within Australia's mining sector.
32GF Score

Get the complete analysis for ASX:WMG

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

A$0.19
Price