ELRFF (Eastern Platinum) Scaled Net Operating Assets: 0.39 (As of Mar. 2026)


ELRFF Eastern Platinum Ltd ELRFF
30 GF Score
Price $0.20
GF Value $0.08
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Eastern Platinum Scaled Net Operating Assets?

Eastern Platinum ELRFF -7.62% 30 Scaled Net Operating Assets is 0.39 as of Mar. 2026. GuruFocus rates ELRFF with a GF Score™ of 30/100 and a GF Value™ of $0.08 (Significantly Overvalued). The stock has 8 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.

Eastern Platinum's operating assets for the quarter that ended in Mar. 2026 was $171.82 Mil. Eastern Platinum's operating liabilities for the quarter that ended in Mar. 2026 was $101.89 Mil. Eastern Platinum's Total Assets for the quarter that ended in Dec. 2025 was $177.83 Mil. Therefore, Eastern Platinum's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.39.


Eastern Platinum Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Eastern Platinum'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.

Eastern Platinum Scaled Net Operating Assets Chart

Eastern Platinum 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 0.48 0.47 0.44 0.46 0.47

Eastern Platinum Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.43 0.43 0.44 0.42 0.39

ELRFF vs HL: Scaled Net Operating Assets Comparison

For the Other Precious Metals & Mining subindustry, Eastern Platinum'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.


Eastern Platinum Scaled Net Operating Assets vs Metals & Mining Industry

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

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


ELRFF
30GF Score
Eastern Platinum Ltd ELRFF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eastern Platinum 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.

Eastern Platinum'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 )
=(177.648-104.034)/157.676
=0.47

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=177.825 - 0.177
=177.648

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=114.065 - 0.484 - 9.547
=104.034

Eastern Platinum'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 )
=(171.817-101.888)/177.825
=0.39

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=171.89 - 0.073
=171.817

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=113.961 - 0.4 - 11.673
=101.888

* 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 0.39 mean?
Eastern Platinum (ELRFF) has a Scaled Net Operating Assets of 0.39 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 Eastern Platinum and its competitors.
Is Eastern Platinum's Scaled Net Operating Assets too high?
Eastern Platinum's current Scaled Net Operating Assets is 0.39. Overall, Eastern Platinum has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eastern Platinum's Scaled Net Operating Assets compare to HL?
Eastern Platinum's Scaled Net Operating Assets of 0.39 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 Eastern Platinum and its competitors. Eastern Platinum's current Scaled Net Operating Assets is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastern Platinum stock overvalued right now?
Based on GuruFocus' analysis, Eastern Platinum (ELRFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.08, compared to a current price of $0.20 — trading 152.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.39. Eastern Platinum's overall GF Score™ is 30/100 with 8 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 Eastern Platinum (ELRFF), the current Scaled Net Operating Assets is 0.39 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 Eastern Platinum (ELRFF) Overvalued in 2026?

Based on GuruFocus' analysis, Eastern Platinum stock appears to be overvalued. The current stock price of $0.20 is trading 152.3% above its estimated GF Value™ of $0.08. GuruFocus considers Eastern Platinum to be Significantly Overvalued.

Key valuation signals for ELRFF:

  • Scaled Net Operating Assets: 0.39
  • GF Value™: $0.08 vs. price of $0.20 (152.3% above fair value)
  • GF Score™: 30/100 with 8 warning signs

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


Eastern Platinum Business Description

Address 1188 West Georgia Street, Suite 1080, Vancouver, BC, CAN, V6E 4A2
Eastern Platinum Ltd owns, directly and indirectly, a number of PGM and chrome assets in the Republic of South Africa. All of the company's properties are situated on the western and eastern limbs of the Bushveld Complex, the geological environment that hosts approximately 80% of the world's PGM-bearing ore. It has three segments CRM, Eastern Limb and Corporate. Operations at the Crocodile River Mine include re-mining and processing its tailings resource, with an offtake of the chrome concentrate to Union Goal from the Zandfontein UG2 tailings facility and the processing and extraction of platinum group metals.
30GF Score

Get the complete analysis for ELRFF

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

$0.20
Price
$0.08
GF Value