BUR (Burford Capital) Scaled Net Operating Assets: 0.49 (As of Mar. 2026)


BUR Burford Capital Ltd BUR
63 GF Score
Price $4.11
GF Value $5.54
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Burford Capital Scaled Net Operating Assets?

Burford Capital BUR -1.20% 63 Scaled Net Operating Assets is 0.49 as of Mar. 2026. GuruFocus rates BUR with a GF Score™ of 63/100 and a GF Value™ of $5.54 (Modestly Undervalued). 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.

Burford Capital's operating assets for the quarter that ended in Mar. 2026 was $3,567.02 Mil. Burford Capital's operating liabilities for the quarter that ended in Mar. 2026 was $341.68 Mil. Burford Capital's Total Assets for the quarter that ended in Dec. 2025 was $6,641.17 Mil. Therefore, Burford Capital's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.49.

BUR
63GF Score
Burford Capital Ltd BUR
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Burford Capital 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.

Burford Capital's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(6074.735-1372.462)/6175.025
=0.76

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=6641.172 - 566.437
=6074.735

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3513.442 - 2140.98 - 0
=1372.462

Burford Capital'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: Dec. 2025 )
=(3567.017-341.675)/6641.172
=0.49

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=4269.593 - 702.576
=3567.017

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2755.953 - 2414.278 - 0
=341.675

* 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 0.49 mean?
Burford Capital (BUR) has a Scaled Net Operating Assets of 0.49 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 Burford Capital and its competitors.
Is Burford Capital's Scaled Net Operating Assets too high?
Burford Capital's current Scaled Net Operating Assets is 0.49. Overall, Burford Capital has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Burford Capital's Scaled Net Operating Assets compare to MUC and RNP?
Burford Capital's Scaled Net Operating Assets of 0.49 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Burford Capital and its competitors. Burford Capital's current Scaled Net Operating Assets is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Burford Capital stock overvalued right now?
Based on GuruFocus' analysis, Burford Capital (BUR) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.54, compared to a current price of $4.11 — trading 25.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.49. Burford Capital's overall GF Score™ is 63/100 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 Burford Capital (BUR), the current Scaled Net Operating Assets is 0.49 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 Burford Capital (BUR) Overvalued in 2026?

Based on GuruFocus' analysis, Burford Capital stock appears to be undervalued. The current stock price of $4.11 is trading 25.8% below its estimated GF Value™ of $5.54. GuruFocus considers Burford Capital to be Modestly Undervalued.

Key valuation signals for BUR:

  • Scaled Net Operating Assets: 0.49
  • GF Value™: $5.54 vs. price of $4.11 (25.8% below fair value)
  • GF Score™: 63/100 with 1 warning sign

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


Burford Capital Business Description

Other Exchanges BURl:UKBUR:UK9BF:Germany
Address Hirzel Street, Oak House, St Peter Port, GGY, GY1 2NP
Burford Capital Ltd provides capital against the underlying value of litigation and legal assets, known as legal finance, serving the legal industry with financial products and services. Its business is funding clients engaged in ongoing legal disputes to pay legal fees and monetize the expected future value of disputes, focusing on large, complex matters. The company has two reportable segments: Principal Finance, which earns maximum revenue and allocates capital to legal finance assets from its balance sheet and through interests in private funds managed by the company, and Asset Management and Other Services, which manages legal finance assets for third-party investors and provides other services to the legal industry.
63GF 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.

$4.11
Price
$5.54
GF Value