Impax Environmental Markets (CHIX:IEML) Scaled Net Operating Assets: 0.94 (As of Dec. 2025)

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CHIX:IEML Impax Environmental Markets PLC CHIX:IEML
31 GF Score
Price £4.37
GF Value £1.24
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Impax Environmental Markets Scaled Net Operating Assets?

Impax Environmental Markets CHIX:IEML -0.40% 31 Scaled Net Operating Assets is 0.94 as of Dec. 2025. GuruFocus rates CHIX:IEML with a GF Score™ of 31/100 and a GF Value™ of £1.24 (Significantly Overvalued). The stock has 4 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.

Impax Environmental Markets's operating assets for the quarter that ended in Dec. 2025 was £893.02 Mil. Impax Environmental Markets's operating liabilities for the quarter that ended in Dec. 2025 was £3.32 Mil. Impax Environmental Markets's Total Assets for the quarter that ended in Jun. 2025 was £947.35 Mil. Therefore, Impax Environmental Markets's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.94.

CHIX:IEML
31GF Score
Impax Environmental Markets PLC CHIX:IEML
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Impax Environmental Markets 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.

Impax Environmental Markets'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 )
=(893.017-3.325)/1116.699
=0.80

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=903.618 - 10.601
=893.017

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=90.374 - 87.049 - 0
=3.325

Impax Environmental Markets'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 )
=(893.017-3.325)/947.345
=0.94

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=903.618 - 10.601
=893.017

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=90.374 - 87.049 - 0
=3.325

* 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 0.94 mean?
Impax Environmental Markets (CHIX:IEML) has a Scaled Net Operating Assets of 0.94 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 Impax Environmental Markets and its competitors.
Is Impax Environmental Markets' Scaled Net Operating Assets too high?
Impax Environmental Markets' current Scaled Net Operating Assets is 0.94. Overall, Impax Environmental Markets has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Impax Environmental Markets' Scaled Net Operating Assets compare to BLK and BX?
Impax Environmental Markets' Scaled Net Operating Assets of 0.94 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 Impax Environmental Markets and its competitors. Impax Environmental Markets's current Scaled Net Operating Assets is 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impax Environmental Markets stock overvalued right now?
Based on GuruFocus' analysis, Impax Environmental Markets (CHIX:IEML) is currently considered Significantly Overvalued. The stock's GF Value™ is £1.24, compared to a current price of £4.37 — trading 252.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.94. Impax Environmental Markets' overall GF Score™ is 31/100 with 4 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 Impax Environmental Markets (CHIX:IEML), the current Scaled Net Operating Assets is 0.94 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 Impax Environmental Markets (CHIX:IEML) Overvalued in 2026?

Based on GuruFocus' analysis, Impax Environmental Markets stock appears to be overvalued. The current stock price of £4.37 is trading 252.6% above its estimated GF Value™ of £1.24. GuruFocus considers Impax Environmental Markets to be Significantly Overvalued.

Key valuation signals for CHIX:IEML:

  • Scaled Net Operating Assets: 0.94
  • GF Value™: £1.24 vs. price of £4.37 (252.6% above fair value)
  • GF Score™: 31/100 with 4 warning signs

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

Impax Environmental Markets Business Description

Other Exchanges IEM:UK
Address One Fleet Place, London, GBR, EC4M 7WS
Impax Environmental Markets PLC is an investment trust company that is engaged in portfolio management. The company's investment objective is to enable investors to benefit from growth in the markets for cleaner or more efficient delivery of basic services of energy, water, and waste. It invests in quoted companies that provide, utilize, implement, or advise upon technology-based systems, products, or services in environmental markets, particularly those of alternative energy and energy efficiency, water treatment and pollution control, and waste technology and resource management.
31GF 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.

£4.37
Price
£1.24
GF Value