North Americanome Trust (The) (CHIX:NAITL) Scaled Net Operating Assets: 1.00 (As of Jan. 2026)

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CHIX:NAITL North American Income Trust (The) PLC CHIX:NAITL
56 GF Score
Price £4.25
GF Value £2.81
Valuation Significantly Overvalued
! 6 Warning Signs
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What is North Americanome Trust (The) Scaled Net Operating Assets?

North Americanome Trust (The) CHIX:NAITL -0.23% 56 Scaled Net Operating Assets is 1.00 as of Jan. 2026. GuruFocus rates CHIX:NAITL with a GF Score™ of 56/100 and a GF Value™ of £2.81 (Significantly Overvalued). 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.

North Americanome Trust (The)'s operating assets for the quarter that ended in Jan. 2026 was £492.78 Mil. North Americanome Trust (The)'s operating liabilities for the quarter that ended in Jan. 2026 was £10.90 Mil. North Americanome Trust (The)'s Total Assets for the quarter that ended in Jul. 2025 was £479.72 Mil. Therefore, North Americanome Trust (The)'s scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 1.00.

CHIX:NAITL
56GF Score
North American Income Trust (The) PLC CHIX:NAITL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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North Americanome Trust (The) 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.

North Americanome Trust (The)'s Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jan. 2026 )
=(Operating Assets (A: Jan. 2026 )-Operating Liabilities (A: Jan. 2026 ))/Total Assets (A: Jan. 2025 )
=(492.776-10.896)/513.729
=0.94

where

Operating Assets(A: Jan. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=505.617 - 12.841
=492.776

Operating Liabilities(A: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=47.282 - 36.386 - 0
=10.896

North Americanome Trust (The)'s Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2026 )
=(Operating Assets (Q: Jan. 2026 )-Operating Liabilities (Q: Jan. 2026 ))/Total Assets (Q: Jul. 2025 )
=(492.776-10.896)/479.717
=1.00

where

Operating Assets(Q: Jan. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=505.617 - 12.841
=492.776

Operating Liabilities(Q: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=47.282 - 36.386 - 0
=10.896

* 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 1.00 mean?
North Americanome Trust (The) (CHIX:NAITL) has a Scaled Net Operating Assets of 1.00 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on North Americanome Trust (The) and its competitors.
Is North Americanome Trust (The)'s Scaled Net Operating Assets too high?
North Americanome Trust (The)'s current Scaled Net Operating Assets is 1.00. Overall, North Americanome Trust (The) has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does North Americanome Trust (The)'s Scaled Net Operating Assets compare to BLK and BX?
North Americanome Trust (The)'s Scaled Net Operating Assets of 1.00 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 North Americanome Trust (The) and its competitors. North Americanome Trust (The)'s current Scaled Net Operating Assets is 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Americanome Trust (The) stock overvalued right now?
Based on GuruFocus' analysis, North Americanome Trust (The) (CHIX:NAITL) is currently considered Significantly Overvalued. The stock's GF Value™ is £2.81, compared to a current price of £4.25 — trading 51.2% above its estimated fair value. The current Scaled Net Operating Assets is 1.00. North Americanome Trust (The)'s overall GF Score™ is 56/100 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 North Americanome Trust (The) (CHIX:NAITL), the current Scaled Net Operating Assets is 1.00 as of Jan. 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 North Americanome Trust (The) (CHIX:NAITL) Overvalued in 2026?

Based on GuruFocus' analysis, North Americanome Trust (The) stock appears to be overvalued. The current stock price of £4.25 is trading 51.2% above its estimated GF Value™ of £2.81. GuruFocus considers North Americanome Trust (The) to be Significantly Overvalued.

Key valuation signals for CHIX:NAITL:

  • Scaled Net Operating Assets: 1.00
  • GF Value™: £2.81 vs. price of £4.25 (51.2% above fair value)
  • GF Score™: 56/100 with 6 warning signs

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

North Americanome Trust (The) Business Description

Other Exchanges NAIT:UK
Address 4 North St. Andrew Street, Edinburgh, GBR, EH2 1HJ
North American Income Trust (The) PLC is a closed-end investment company. The objective of the company is to provide investors with above average dividend income and long-term capital growth through active management of a portfolio consisting predominately of S&P 500 U.S. equities.
56GF Score

Get the complete analysis for CHIX:NAITL

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

£4.25
Price
£2.81
GF Value