ERIE (Erie Indemnity Co) Scaled Net Operating Assets: 0.60 (As of Mar. 2026)


ERIE Erie Indemnity Co ERIE
67 GF Score
Price $257.13
GF Value $348.68
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Erie Indemnity Co Scaled Net Operating Assets?

Erie Indemnity Co ERIE -0.82% 67 Scaled Net Operating Assets is 0.60 as of Mar. 2026. GuruFocus rates ERIE with a GF Score™ of 67/100 and a GF Value™ of $348.68 (Modestly Undervalued). The stock has 1 warning sign investors should review.

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

Erie Indemnity Co's operating assets for the quarter that ended in Mar. 2026 was $3,038 Mil. Erie Indemnity Co's operating liabilities for the quarter that ended in Mar. 2026 was $1,023 Mil. Erie Indemnity Co's Total Assets for the quarter that ended in Dec. 2025 was $3,355 Mil. Therefore, Erie Indemnity Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.60.

ERIE
67GF Score
Erie Indemnity Co ERIE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Erie Indemnity Co 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.

Erie Indemnity Co'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 )
=(3039.796-1072.107)/2888.614
=0.68

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3355.481 - 315.685
=3039.796

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1072.107 - 0 - 0
=1072.107

Erie Indemnity Co'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 )
=(3038.329-1023.157)/3355.481
=0.60

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3376.678 - 338.349
=3038.329

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1023.157 - 0 - 0
=1023.157

* 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 0.60 mean?
Erie Indemnity Co (ERIE) has a Scaled Net Operating Assets of 0.60 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 Erie Indemnity Co and its competitors.
Is Erie Indemnity Co's Scaled Net Operating Assets too high?
Erie Indemnity Co's current Scaled Net Operating Assets is 0.60. Overall, Erie Indemnity Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Erie Indemnity Co's Scaled Net Operating Assets compare to NP and BRO?
Erie Indemnity Co's Scaled Net Operating Assets of 0.60 can be compared against companies in the Insurance 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 Insurance company?
A good Scaled Net Operating Assets depends on the Insurance 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 Erie Indemnity Co and its competitors. Erie Indemnity Co's current Scaled Net Operating Assets is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erie Indemnity Co stock overvalued right now?
Based on GuruFocus' analysis, Erie Indemnity Co (ERIE) is currently considered Modestly Undervalued. The stock's GF Value™ is $348.68, compared to a current price of $257.13 — trading 26.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.60. Erie Indemnity Co's overall GF Score™ is 67/100 with 1 warning sign 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 Erie Indemnity Co (ERIE), the current Scaled Net Operating Assets is 0.60 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 Erie Indemnity Co (ERIE) Overvalued in 2026?

Based on GuruFocus' analysis, Erie Indemnity Co stock appears to be undervalued. The current stock price of $257.13 is trading 26.3% below its estimated GF Value™ of $348.68. GuruFocus considers Erie Indemnity Co to be Modestly Undervalued.

Key valuation signals for ERIE:

  • Scaled Net Operating Assets: 0.60
  • GF Value™: $348.68 vs. price of $257.13 (26.3% below fair value)
  • GF Score™: 67/100 with 1 warning sign

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

Erie Indemnity Co Business Description

Other Exchanges EI2:Germany
Address 100 Erie Insurance Place, Erie, PA, USA, 16530-0001
Erie Indemnity Co mainly performs services on behalf of the Erie Insurance Exchange relating to sales, underwriting, and issuance of policies. Erie Indemnity's results are tied to the performance of the Insurance Exchange, which principally provides automobile and homeowners insurance for individuals, along with multiperil, workers' compensation, and commercial automobile insurance for its commercial clients. The company operates exclusively in the United States.
67GF 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.

$257.13
Price
$348.68
GF Value