AJ Lucas Group (FRA:FW9) Scaled Net Operating Assets: 0.51 (As of Dec. 2025)


What is AJ Lucas Group Scaled Net Operating Assets?

AJ Lucas Group FRA:FW9 Scaled Net Operating Assets is 0.51 as of Dec. 2025. The stock has 5 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.

AJ Lucas Group's operating assets for the quarter that ended in Dec. 2025 was €44.76 Mil. AJ Lucas Group's operating liabilities for the quarter that ended in Dec. 2025 was €19.13 Mil. AJ Lucas Group's Total Assets for the quarter that ended in Jun. 2025 was €50.28 Mil. Therefore, AJ Lucas Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.51.

AJ Lucas Group Scaled Net Operating Assets Historical Data

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The historical data trend for AJ Lucas Group'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.

AJ Lucas Group Scaled Net Operating Assets Chart

AJ Lucas Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.83 0.24 0.49 0.39

AJ Lucas Group 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 0.47 0.48 0.43 0.43 0.51

FRA:FW9 vs HCC, AMR, METC: Scaled Net Operating Assets Comparison

For the Coking Coal subindustry, AJ Lucas Group'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.

AJ Lucas Group Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, AJ Lucas Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where AJ Lucas Group's Scaled Net Operating Assets falls into.


AJ Lucas Group 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.

AJ Lucas Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(48.096-21.954)/66.818
=0.39

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=50.278 - 2.182
=48.096

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=91.84 - 50.926 - 18.96
=21.954

AJ Lucas Group'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 )
=(44.756-19.126)/50.278
=0.51

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=47.972 - 3.216
=44.756

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=67.507 - 41.162 - 7.219
=19.126

* 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 0.51 mean?
AJ Lucas Group (FRA:FW9) has a Scaled Net Operating Assets of 0.51 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 AJ Lucas Group and its competitors.
Is AJ Lucas Group's Scaled Net Operating Assets too high?
AJ Lucas Group's current Scaled Net Operating Assets is 0.51.
How does AJ Lucas Group's Scaled Net Operating Assets compare to HCC and AMR?
AJ Lucas Group's Scaled Net Operating Assets of 0.51 can be compared against companies in the Steel 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 Steel company?
A good Scaled Net Operating Assets depends on the Steel 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 AJ Lucas Group and its competitors. AJ Lucas Group's current Scaled Net Operating Assets is 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AJ Lucas Group stock overvalued right now?
AJ Lucas Group (FRA:FW9) has a current Scaled Net Operating Assets of 0.51. The current Scaled Net Operating Assets is 0.51. 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 AJ Lucas Group (FRA:FW9), the current Scaled Net Operating Assets is 0.51 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.

AJ Lucas Group Business Description

Other Exchanges AJL:Australia
Address 167 Eagle Street, Level 22, Emirates House, Brisbane, QLD, AUS, 4000
AJ Lucas Group Ltd is a provider of drilling services to the Australian coal industry, and an operator, through its subsidiary Cuadrilla Resources Holdings Limited, of exploration and appraisal of conventional and unconventional oil and gas prospects in the United Kingdom (UK). The Group is structured with two principal operating segments: Drilling (Australian operations) provides drilling services to the energy and resources sectors, but focuses on delivering a suite of degasification and exploration drilling and related services to Australian metallurgical coal mines; Oil & Gas Operations (UK investments operations) include the Exploration of unconventional and conventional hydrocarbons in the UK. It generates the majority of revenue from the Australian Operations segment.