Golden Agri-Resources (FRA:4G3A) Scaled Net Operating Assets: 0.77 (As of Dec. 2025)


FRA:4G3A Golden Agri-Resources Ltd FRA:4G3A
58 GF Score
Price €0.17
GF Value €0.16
Valuation Fairly Valued
! 4 Warning Signs
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What is Golden Agri-Resources Scaled Net Operating Assets?

Golden Agri-Resources FRA:4G3A +1.83% 58 Scaled Net Operating Assets is 0.77 as of Dec. 2025. GuruFocus rates FRA:4G3A with a GF Score™ of 58/100 and a GF Value™ of €0.16 (Fairly Valued). The stock has 4 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.

Golden Agri-Resources's operating assets for the quarter that ended in Dec. 2025 was €8,598 Mil. Golden Agri-Resources's operating liabilities for the quarter that ended in Dec. 2025 was €1,443 Mil. Golden Agri-Resources's Total Assets for the quarter that ended in Jun. 2025 was €9,247 Mil. Therefore, Golden Agri-Resources's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.77.


Golden Agri-Resources Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Golden Agri-Resources'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.

Golden Agri-Resources Scaled Net Operating Assets Chart

Golden Agri-Resources 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 0.85 0.79 0.75 0.93 0.70

Golden Agri-Resources Semi-Annual 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 0.78 0.77 0.89 0.67 0.77

FRA:4G3A vs ADM, BG, TSN: Scaled Net Operating Assets Comparison

For the Farm Products subindustry, Golden Agri-Resources'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.


Golden Agri-Resources Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Golden Agri-Resources's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Golden Agri-Resources's Scaled Net Operating Assets falls into.


FRA:4G3A
58GF Score
Golden Agri-Resources Ltd FRA:4G3A
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Golden Agri-Resources 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.

Golden Agri-Resources'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 )
=(8598.023-1442.846)/10212.166
=0.70

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9108.227 - 510.204
=8598.023

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4217.423 - 1234.832 - 1539.745
=1442.846

Golden Agri-Resources'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 )
=(8598.023-1442.846)/9247.246
=0.77

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9108.227 - 510.204
=8598.023

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4217.423 - 1234.832 - 1539.745
=1442.846

* 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 0.77 mean?
Golden Agri-Resources (FRA:4G3A) has a Scaled Net Operating Assets of 0.77 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 Golden Agri-Resources and its competitors.
Is Golden Agri-Resources' Scaled Net Operating Assets too high?
Golden Agri-Resources' current Scaled Net Operating Assets is 0.77. Overall, Golden Agri-Resources has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Golden Agri-Resources' Scaled Net Operating Assets compare to ADM and BG?
Golden Agri-Resources' Scaled Net Operating Assets of 0.77 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 Golden Agri-Resources and its competitors. Golden Agri-Resources's current Scaled Net Operating Assets is 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Agri-Resources stock overvalued right now?
Based on GuruFocus' analysis, Golden Agri-Resources (FRA:4G3A) is currently considered Fairly Valued. The stock's GF Value™ is €0.16, compared to a current price of €0.17 — trading 4.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.77. Golden Agri-Resources' overall GF Score™ is 58/100 with 4 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 Golden Agri-Resources (FRA:4G3A), the current Scaled Net Operating Assets is 0.77 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 Golden Agri-Resources (FRA:4G3A) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Agri-Resources stock appears to be overvalued. The current stock price of €0.17 is trading 4.4% above its estimated GF Value™ of €0.16. GuruFocus considers Golden Agri-Resources to be Fairly Valued.

Key valuation signals for FRA:4G3A:

  • Scaled Net Operating Assets: 0.77
  • GF Value™: €0.16 vs. price of €0.17 (4.4% above fair value)
  • GF Score™: 58/100 with 4 warning signs

No single metric tells the full story. See the FRA:4G3A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golden Agri-Resources Business Description

Address c/o IQ EQ Corporate Services (Mauritius) Ltd, 33 Edith Cavell Street, Port Louis, MUS, 11324
Golden Agri-Resources Ltd is an integrated palm oil plantation in Indonesia with estates spanning from east to west across the archipelago. The company markets its products in bulk, industrial and branded form, domestically as well as in international markets. In addition to its main palm-based products, it processes and markets soybean and sunflower oil-based products, especially in China and India, as well as operate sugar trading business. It operates in two segments namely Plantations and palm oil mills - comprises the products from upstream business; Palm, laurics and others - refers to the processing and merchandising of palm and oilseed-based products comprising bulk and branded products, oleochemicals, sugar and other vegetable oils.
58GF Score

Get the complete analysis for FRA:4G3A

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

€0.17
Price
€0.16
GF Value