Herald Investment Trust (CHIX:HRIL) Scaled Net Operating Assets: 0.91 (As of Dec. 2025)


CHIX:HRIL Herald Investment Trust PLC CHIX:HRIL
54 GF Score
Price £21.60
GF Value £38.03
! 6 Warning Signs
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What is Herald Investment Trust Scaled Net Operating Assets?

Herald Investment Trust CHIX:HRIL 54 Scaled Net Operating Assets is 0.91 as of Dec. 2025. GuruFocus rates CHIX:HRIL with a GF Score™ of 54/100 and a GF Value™ of £38.03. The stock has 6 warning signs investors should review.

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

Herald Investment Trust's operating assets for the quarter that ended in Dec. 2025 was £1,169.7 Mil. Herald Investment Trust's operating liabilities for the quarter that ended in Dec. 2025 was £1.5 Mil. Herald Investment Trust's Total Assets for the quarter that ended in Jun. 2025 was £1,278.4 Mil. Therefore, Herald Investment Trust's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.91.

CHIX:HRIL
54GF Score
Herald Investment Trust PLC CHIX:HRIL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Herald Investment Trust 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.

Herald Investment Trust'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 )
=(1169.662-1.515)/1253.767
=0.93

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1293.928 - 124.266
=1169.662

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.515 - 0 - 0
=1.515

Herald Investment Trust'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 )
=(1169.662-1.515)/1278.422
=0.91

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1293.928 - 124.266
=1169.662

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.515 - 0 - 0
=1.515

* 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 0.91 mean?
Herald Investment Trust (CHIX:HRIL) has a Scaled Net Operating Assets of 0.91 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 Herald Investment Trust and its competitors.
Is Herald Investment Trust's Scaled Net Operating Assets too high?
Herald Investment Trust's current Scaled Net Operating Assets is 0.91. Overall, Herald Investment Trust has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Herald Investment Trust's Scaled Net Operating Assets compare to BLK and BX?
Herald Investment Trust's Scaled Net Operating Assets of 0.91 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 Herald Investment Trust and its competitors. Herald Investment Trust's current Scaled Net Operating Assets is 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Herald Investment Trust stock overvalued right now?
Herald Investment Trust (CHIX:HRIL) has a current Scaled Net Operating Assets of 0.91. The stock's GF Value™ is £38.03, compared to a current price of £21.60 — trading 43.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.91. Herald Investment Trust's overall GF Score™ is 54/100 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 Herald Investment Trust (CHIX:HRIL), the current Scaled Net Operating Assets is 0.91 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 Herald Investment Trust (CHIX:HRIL) Overvalued in 2026?

Based on GuruFocus' analysis, Herald Investment Trust stock appears to be undervalued. The current stock price of £21.60 is trading 43.2% below its estimated GF Value™ of £38.03.

Key valuation signals for CHIX:HRIL:

  • Scaled Net Operating Assets: 0.91
  • GF Value™: £38.03 vs. price of £21.60 (43.2% below fair value)
  • GF Score™: 54/100 with 6 warning signs

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


Herald Investment Trust Business Description

Other Exchanges HRI:UK
Address 10-11 Charterhouse Square, Welken House, London, GBR, EC1M 6EE
Herald Investment Trust PLC is a UK-based investment trust that aims to capital appreciation through investments in smaller quoted companies in the areas of telecommunications, multimedia, and technology on a long-term basis. It focuses on a diversified portfolio that offers long-term growth potential and benchmarks its performance against the technology sector. The trust's investment portfolio includes companies that are in the business of software and computer services, technology hardware and equipment, printing and publishing, industrial sectors, support services, and others. Geographically, investments of the company are spread across the UK, North America, Japan, Asia-Pacific, Europe, the Middle East and Africa. The trust's revenue mainly consists of dividends and interest.
54GF Score

Get the complete analysis for CHIX:HRIL

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

£21.60
Price
£38.03
GF Value