Blue Owl Capital (FRA:1D6) Scaled Net Operating Assets: 0.89 (As of Mar. 2026)

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FRA:1D6 Blue Owl Capital Corp FRA:1D6
60 GF Score
Price €9.57
GF Value €11.90
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Blue Owl Capital Scaled Net Operating Assets?

Blue Owl Capital FRA:1D6 +1.54% 60 Scaled Net Operating Assets is 0.89 as of Mar. 2026. GuruFocus rates FRA:1D6 with a GF Score™ of 60/100 and a GF Value™ of €11.90 (Modestly Undervalued). 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.

Blue Owl Capital's operating assets for the quarter that ended in Mar. 2026 was €13,473.8 Mil. Blue Owl Capital's operating liabilities for the quarter that ended in Mar. 2026 was €354.6 Mil. Blue Owl Capital's Total Assets for the quarter that ended in Dec. 2025 was €14,677.2 Mil. Therefore, Blue Owl Capital's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.89.

FRA:1D6
60GF Score
Blue Owl Capital Corp FRA:1D6
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Blue Owl Capital 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.

Blue Owl Capital'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 )
=(14232.142-417.614)/13241.614
=1.04

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=14677.156 - 445.014
=14232.142

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8359.879 - 7942.265 - 0
=417.614

Blue Owl Capital'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 )
=(13473.811-354.634)/14677.156
=0.89

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=13856.038 - 382.227
=13473.811

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7667.828 - 7313.194 - 0
=354.634

* 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 0.89 mean?
Blue Owl Capital (FRA:1D6) has a Scaled Net Operating Assets of 0.89 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 Blue Owl Capital and its competitors.
Is Blue Owl Capital's Scaled Net Operating Assets too high?
Blue Owl Capital's current Scaled Net Operating Assets is 0.89. Overall, Blue Owl Capital has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Blue Owl Capital's Scaled Net Operating Assets compare to VCTR and BXSL?
Blue Owl Capital's Scaled Net Operating Assets of 0.89 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 Blue Owl Capital and its competitors. Blue Owl Capital's current Scaled Net Operating Assets is 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Owl Capital stock overvalued right now?
Based on GuruFocus' analysis, Blue Owl Capital (FRA:1D6) is currently considered Modestly Undervalued. The stock's GF Value™ is €11.90, compared to a current price of €9.57 — trading 19.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.89. Blue Owl Capital's overall GF Score™ is 60/100 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 Blue Owl Capital (FRA:1D6), the current Scaled Net Operating Assets is 0.89 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 Blue Owl Capital (FRA:1D6) Overvalued in 2026?

Based on GuruFocus' analysis, Blue Owl Capital stock appears to be undervalued. The current stock price of €9.57 is trading 19.6% below its estimated GF Value™ of €11.90. GuruFocus considers Blue Owl Capital to be Modestly Undervalued.

Key valuation signals for FRA:1D6:

  • Scaled Net Operating Assets: 0.89
  • GF Value™: €11.90 vs. price of €9.57 (19.6% below fair value)
  • GF Score™: 60/100 with 6 warning signs

No single metric tells the full story. See the FRA:1D6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Blue Owl Capital Business Description

Other Exchanges OBDC:USA
Address 399 Park Avenue, New York, NY, USA, 10022
Blue Owl Capital Corp is a specialty finance company and business development company (BDC) focused on providing direct lending solutions to U.S. middle-market companies. The company seeks to generate current income and, to a lesser extent, capital appreciation by targeting investment opportunities with favorable risk-adjusted returns, including senior secured, subordinated, or mezzanine loans and equity-related instruments. Its investment strategies are intended to generate favorable returns across credit cycles with an emphasis on preserving capital.
60GF 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.

€9.57
Price
€11.90
GF Value