ECREY (Ecora Royalties) Scaled Net Operating Assets: 0.94 (As of Dec. 2025)


ECREY Ecora Royalties PLC ECREY
44 GF Score
Price $7.11
GF Value $3.59
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Ecora Royalties Scaled Net Operating Assets?

Ecora Royalties ECREY 44 Scaled Net Operating Assets is 0.94 as of Dec. 2025. GuruFocus rates ECREY with a GF Score™ of 44/100 and a GF Value™ of $3.59 (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.

Ecora Royalties's operating assets for the quarter that ended in Dec. 2025 was $575.75 Mil. Ecora Royalties's operating liabilities for the quarter that ended in Dec. 2025 was $21.34 Mil. Ecora Royalties's Total Assets for the quarter that ended in Jun. 2025 was $590.76 Mil. Therefore, Ecora Royalties's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.94.

Ecora Royalties Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Ecora Royalties'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.

Ecora Royalties Scaled Net Operating Assets Chart

Ecora Royalties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 1.04 0.83 0.82 1.00

Ecora Royalties Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 0.87 0.85 1.01 0.94

Ecora Royalties Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Ecora Royalties'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.

Ecora Royalties Scaled Net Operating Assets vs Metals & Mining Industry

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

* The bar in red indicates where Ecora Royalties's Scaled Net Operating Assets falls into.


ECREY
44GF Score
Ecora Royalties PLC ECREY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ecora Royalties 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.

Ecora Royalties'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 )
=(575.749-21.342)/553.972
=1.00

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=583.535 - 7.786
=575.749

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=117.837 - 95.889 - 0.606
=21.342

Ecora Royalties'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 )
=(575.749-21.342)/590.758
=0.94

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=583.535 - 7.786
=575.749

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=117.837 - 95.889 - 0.606
=21.342

* 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?
Ecora Royalties (ECREY) 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 Ecora Royalties and its competitors.
Is Ecora Royalties' Scaled Net Operating Assets too high?
Ecora Royalties' current Scaled Net Operating Assets is 0.94. Overall, Ecora Royalties has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ecora Royalties' Scaled Net Operating Assets compare to competitors?
Ecora Royalties' Scaled Net Operating Assets of 0.94 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 Ecora Royalties and its competitors. Ecora Royalties'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 Ecora Royalties stock overvalued right now?
Based on GuruFocus' analysis, Ecora Royalties (ECREY) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.59, compared to a current price of $7.11 — trading 98.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.94. Ecora Royalties' overall GF Score™ is 44/100 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 Ecora Royalties (ECREY), 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 Ecora Royalties (ECREY) Overvalued in 2026?

Based on GuruFocus' analysis, Ecora Royalties stock appears to be overvalued. The current stock price of $7.11 is trading 98.1% above its estimated GF Value™ of $3.59. GuruFocus considers Ecora Royalties to be Significantly Overvalued.

Key valuation signals for ECREY:

  • Scaled Net Operating Assets: 0.94
  • GF Value™: $3.59 vs. price of $7.11 (98.1% above fair value)
  • GF Score™: 44/100 with 6 warning signs

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

Ecora Royalties Business Description

Address Kent House, 14 - 17 Market Place, 3rd Floor North, London, GBR, W1W 8AJ
Ecora Royalties PLC is a critical minerals focused royalty company with a portfolio of royalties and streams that generate cash flow. Its portfolio includes copper and other commodities related to electrification trends. Some of its assets include Voisey's Bay; Mantos Blancos; Maracas Menchen and others. The company's segments include Cobalt, Royalty, Copper Royalties, Nickel Royalties, Steelmaking Royalties, Uranium Royalties, and Others. The majority of revenue is derived from the Steelmaking Royalties segment. Geographically, the maximum revenue is generated from the Americas royalties.
44GF 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.

$7.11
Price
$3.59
GF Value