Fidus Investment (FRA:8QP) Scaled Net Operating Assets: 0.97 (As of Mar. 2026)


FRA:8QP Fidus Investment Corp FRA:8QP
64 GF Score
Price €16.79
GF Value €19.78
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Fidus Investment Scaled Net Operating Assets?

Fidus Investment FRA:8QP -3.56% 64 Scaled Net Operating Assets is 0.97 as of Mar. 2026. GuruFocus rates FRA:8QP with a GF Score™ of 64/100 and a GF Value™ of €19.78 (Modestly Undervalued). 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.

Fidus Investment's operating assets for the quarter that ended in Mar. 2026 was €1,206.26 Mil. Fidus Investment's operating liabilities for the quarter that ended in Mar. 2026 was €29.46 Mil. Fidus Investment's Total Assets for the quarter that ended in Dec. 2025 was €1,218.26 Mil. Therefore, Fidus Investment's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.97.

FRA:8QP
64GF Score
Fidus Investment Corp FRA:8QP
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Fidus Investment 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.

Fidus Investment'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 )
=(1158.488-34.643)/1111.727
=1.01

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1218.264 - 59.776
=1158.488

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=584.683 - 550.04 - 0
=34.643

Fidus Investment'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 )
=(1206.259-29.456)/1218.264
=0.97

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1249.236 - 42.977
=1206.259

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=607.365 - 577.909 - 0
=29.456

* 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 0.97 mean?
Fidus Investment (FRA:8QP) has a Scaled Net Operating Assets of 0.97 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 Fidus Investment and its competitors.
Is Fidus Investment's Scaled Net Operating Assets too high?
Fidus Investment's current Scaled Net Operating Assets is 0.97. Overall, Fidus Investment has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fidus Investment's Scaled Net Operating Assets compare to CCD and JQC?
Fidus Investment's Scaled Net Operating Assets of 0.97 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 Fidus Investment and its competitors. Fidus Investment's current Scaled Net Operating Assets is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fidus Investment stock overvalued right now?
Based on GuruFocus' analysis, Fidus Investment (FRA:8QP) is currently considered Modestly Undervalued. The stock's GF Value™ is €19.78, compared to a current price of €16.79 — trading 15.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.97. Fidus Investment's overall GF Score™ is 64/100 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 Fidus Investment (FRA:8QP), the current Scaled Net Operating Assets is 0.97 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 Fidus Investment (FRA:8QP) Overvalued in 2026?

Based on GuruFocus' analysis, Fidus Investment stock appears to be undervalued. The current stock price of €16.79 is trading 15.1% below its estimated GF Value™ of €19.78. GuruFocus considers Fidus Investment to be Modestly Undervalued.

Key valuation signals for FRA:8QP:

  • Scaled Net Operating Assets: 0.97
  • GF Value™: €19.78 vs. price of €16.79 (15.1% below fair value)
  • GF Score™: 64/100 with 8 warning signs

No single metric tells the full story. See the FRA:8QP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fidus Investment Business Description

Other Exchanges FDUS:USA
Address 1603 Orrington Avenue, Suite 1005, Evanston, IL, USA, 60201
Fidus Investment Corp is an externally managed, closed-end, non-diversified management investment company that has elected to be treated as a business development company. The company provides customized debt and equity financing solutions to lower middle-market companies. Its investment objective is to provide attractive risk-adjusted returns by generating both current income from debt investments and capital appreciation from equity related investments. The company's portfolio of investment is comprised of securities of companies from different industries such as, Information Technology Services, Business Services, Healthcare Products among others.
64GF 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.

€16.79
Price
€19.78
GF Value