Iamgold (FRA:IAL) Scaled Net Operating Assets: 0.78 (As of Mar. 2026)


FRA:IAL Iamgold Corp FRA:IAL
81 GF Score
Price €13.72
GF Value €10.36
Valuation Significantly Overvalued
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What is Iamgold Scaled Net Operating Assets?

Iamgold FRA:IAL +2.85% 81 Scaled Net Operating Assets is 0.78 as of Mar. 2026. GuruFocus rates FRA:IAL with a GF Score™ of 81/100 and a GF Value™ of €10.36 (Significantly Overvalued).

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Iamgold's operating assets for the quarter that ended in Mar. 2026 was €4,707 Mil. Iamgold's operating liabilities for the quarter that ended in Mar. 2026 was €792 Mil. Iamgold's Total Assets for the quarter that ended in Dec. 2025 was €4,998 Mil. Therefore, Iamgold's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.78.


Iamgold Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Iamgold'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.

Iamgold Scaled Net Operating Assets Chart

Iamgold 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 0.60 0.75 0.63 0.97 0.76

Iamgold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.77 0.77 0.80 0.86 0.78

FRA:IAL vs NEM, AU: Scaled Net Operating Assets Comparison

For the Gold subindustry, Iamgold'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.


Iamgold Scaled Net Operating Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Iamgold's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:IAL
81GF Score
Iamgold Corp FRA:IAL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Iamgold 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.

Iamgold'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 )
=(4636.878-721.459)/5132.552
=0.76

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4998.035 - 361.157
=4636.878

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1372.036 - 622.139 - 28.438
=721.459

Iamgold'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 )
=(4707.157-791.735)/4998.035
=0.78

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5183.945 - 476.788
=4707.157

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1354.849 - 535.002 - 28.112
=791.735

* 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 0.78 mean?
Iamgold (FRA:IAL) has a Scaled Net Operating Assets of 0.78 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 Iamgold and its competitors.
Is Iamgold's Scaled Net Operating Assets too high?
Iamgold's current Scaled Net Operating Assets is 0.78. Overall, Iamgold has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iamgold's Scaled Net Operating Assets compare to NEM and AU?
Iamgold's Scaled Net Operating Assets of 0.78 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining 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 Iamgold and its competitors. Iamgold's current Scaled Net Operating Assets is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iamgold stock overvalued right now?
Based on GuruFocus' analysis, Iamgold (FRA:IAL) is currently considered Significantly Overvalued. The stock's GF Value™ is €10.36, compared to a current price of €13.72 — trading 32.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.78. Iamgold's overall GF Score™ is 81/100. 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 Iamgold (FRA:IAL), the current Scaled Net Operating Assets is 0.78 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 Iamgold (FRA:IAL) Overvalued in 2026?

Based on GuruFocus' analysis, Iamgold stock appears to be overvalued. The current stock price of €13.72 is trading 32.4% above its estimated GF Value™ of €10.36. GuruFocus considers Iamgold to be Significantly Overvalued.

Key valuation signals for FRA:IAL:

  • Scaled Net Operating Assets: 0.78
  • GF Value™: €10.36 vs. price of €13.72 (32.4% above fair value)
  • GF Score™: 81/100

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


Iamgold Business Description

Address 150 King Street West, Suite 2200, Toronto, ON, CAN, M5H 1J9
Iamgold Corp is a mid-tier gold mining company. The company operating gold mines are divided into geographic segments such as Cote Gold mine - Canada, Burkina Faso - Essakane mine, Westwood mine - Canada. The company's s non-gold mine segments are Exploration and evaluation and development, and Corporate - which includes royalty interests. The company generates the majority of its revenue from the Cote Gold mine segment.
81GF 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.

€13.72
Price
€10.36
GF Value