Axis Capital Holdings (FRA:AXV) Scaled Net Operating Assets: 0.05 (As of Jun. 2026)

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FRA:AXV Axis Capital Holdings Ltd FRA:AXV
65 GF Score
Price €84.00
GF Value €93.52
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Axis Capital Holdings Scaled Net Operating Assets?

Axis Capital Holdings FRA:AXV -4.00% 65 Scaled Net Operating Assets is 0.05 as of Jun. 2026. GuruFocus rates FRA:AXV with a GF Score™ of 65/100 and a GF Value™ of €93.52 (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.

Axis Capital Holdings's operating assets for the quarter that ended in Jun. 2026 was €26,506 Mil. Axis Capital Holdings's operating liabilities for the quarter that ended in Jun. 2026 was €24,853 Mil. Axis Capital Holdings's Total Assets for the quarter that ended in Mar. 2026 was €30,810 Mil. Therefore, Axis Capital Holdings's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.05.

FRA:AXV
65GF Score
Axis Capital Holdings Ltd FRA:AXV
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Axis Capital Holdings 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.

Axis Capital Holdings'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 )
=(28729.99-22726.909)/31210.65
=0.19

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=29430.485 - 700.495
=28729.99

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=24002.089 - 1275.18 - 0
=22726.909

Axis Capital Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(26506.022-24852.845)/30810.215
=0.05

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=31788.311 - 5282.289
=26506.022

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=26143.525 - 1290.68 - 0
=24852.845

* 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 0.05 mean?
Axis Capital Holdings (FRA:AXV) has a Scaled Net Operating Assets of 0.05 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Axis Capital Holdings and its competitors.
Is Axis Capital Holdings' Scaled Net Operating Assets too high?
Axis Capital Holdings' current Scaled Net Operating Assets is 0.05. Overall, Axis Capital Holdings has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Axis Capital Holdings' Scaled Net Operating Assets compare to FAF and ACT?
Axis Capital Holdings' Scaled Net Operating Assets of 0.05 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 Axis Capital Holdings and its competitors. Axis Capital Holdings's current Scaled Net Operating Assets is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axis Capital Holdings stock overvalued right now?
Based on GuruFocus' analysis, Axis Capital Holdings (FRA:AXV) is currently considered Modestly Undervalued. The stock's GF Value™ is €93.52, compared to a current price of €84.00 — trading 10.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.05. Axis Capital Holdings' overall GF Score™ is 65/100 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 Axis Capital Holdings (FRA:AXV), the current Scaled Net Operating Assets is 0.05 as of Jun. 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 Axis Capital Holdings (FRA:AXV) Overvalued in 2026?

Based on GuruFocus' analysis, Axis Capital Holdings stock appears to be undervalued. The current stock price of €84.00 is trading 10.2% below its estimated GF Value™ of €93.52. GuruFocus considers Axis Capital Holdings to be Modestly Undervalued.

Key valuation signals for FRA:AXV:

  • Scaled Net Operating Assets: 0.05
  • GF Value™: €93.52 vs. price of €84.00 (10.2% below fair value)
  • GF Score™: 65/100 with 1 warning sign

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

Axis Capital Holdings Business Description

Other Exchanges AXSpE.PFD:USAAXS:USA
Address 29 Richmond Road, 3rd Floor, Pembroke, BMU, HM 08
Axis Capital Holdings Ltd is a specialty underwriter and provider of insurance and reinsurance solutions with operations in Bermuda, the United States (U.S.), Europe, Singapore, and Canada. The company manages its portfolio holistically, aiming to construct an optimum consolidated portfolio of funded and unfunded risks. The company's segment consists of Insurance and Reinsurance. The company generates the majority of its revenue from the Insurance segment. Geographically, the company generates the majority of its revenue from the United States, and also has its presence in Ireland, Lloyd's of London, and Bermuda.
65GF 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.

€84.00
Price
€93.52
GF Value