GameSquare Holdings (FRA:MJ0) Scaled Net Operating Assets: 0.34 (As of Mar. 2026)

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FRA:MJ0 GameSquare Holdings Inc FRA:MJ0
39 GF Score
Price €1.32
GF Value €1.03
! 6 Warning Signs
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What is GameSquare Holdings Scaled Net Operating Assets?

GameSquare Holdings FRA:MJ0 39 Scaled Net Operating Assets is 0.34 as of Mar. 2026. GuruFocus rates FRA:MJ0 with a GF Score™ of 39/100 and a GF Value™ of €1.03. The stock has 6 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.

GameSquare Holdings's operating assets for the quarter that ended in Mar. 2026 was €56.97 Mil. GameSquare Holdings's operating liabilities for the quarter that ended in Mar. 2026 was €34.16 Mil. GameSquare Holdings's Total Assets for the quarter that ended in Dec. 2025 was €67.72 Mil. Therefore, GameSquare Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.34.


GameSquare Holdings Scaled Net Operating Assets Historical Data

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The historical data trend for GameSquare Holdings'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.

GameSquare Holdings Scaled Net Operating Assets Chart

GameSquare Holdings Annual Data
Trend Mar15 Mar16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.35 0.22 0.32 0.68 0.38

GameSquare Holdings Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 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 0.32 -0.01 1.66 0.29 0.34

FRA:MJ0 vs SNAL, GMHS, MSGM: Scaled Net Operating Assets Comparison

For the Electronic Gaming & Multimedia subindustry, GameSquare Holdings'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.


GameSquare Holdings Scaled Net Operating Assets vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GameSquare Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:MJ0
39GF Score
GameSquare Holdings Inc FRA:MJ0
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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GameSquare 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.

GameSquare Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(63.636-41.161)/59.341
=0.38

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=75.187 - 11.551
=63.636

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=63.723 - 11.425 - 11.137
=41.161

GameSquare Holdings'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 )
=(56.966-34.158)/67.724
=0.34

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=59.006 - 2.04
=56.966

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=43.665 - 0.9 - 8.607
=34.158

* 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 0.34 mean?
GameSquare Holdings (FRA:MJ0) has a Scaled Net Operating Assets of 0.34 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 GameSquare Holdings and its competitors.
Is GameSquare Holdings' Scaled Net Operating Assets too high?
GameSquare Holdings' current Scaled Net Operating Assets is 0.34. Overall, GameSquare Holdings has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does GameSquare Holdings' Scaled Net Operating Assets compare to SNAL and GMHS?
GameSquare Holdings' Scaled Net Operating Assets of 0.34 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Scaled Net Operating Assets depends on the Interactive Media 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 GameSquare Holdings and its competitors. GameSquare Holdings's current Scaled Net Operating Assets is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GameSquare Holdings stock overvalued right now?
GameSquare Holdings (FRA:MJ0) has a current Scaled Net Operating Assets of 0.34. The stock's GF Value™ is €1.03, compared to a current price of €1.32 — trading 28.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.34. GameSquare Holdings' overall GF Score™ is 39/100 with 6 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 GameSquare Holdings (FRA:MJ0), the current Scaled Net Operating Assets is 0.34 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 GameSquare Holdings (FRA:MJ0) Overvalued in 2026?

Based on GuruFocus' analysis, GameSquare Holdings stock appears to be overvalued. The current stock price of €1.32 is trading 28.2% above its estimated GF Value™ of €1.03.

Key valuation signals for FRA:MJ0:

  • Scaled Net Operating Assets: 0.34
  • GF Value™: €1.03 vs. price of €1.32 (28.2% above fair value)
  • GF Score™: 39/100 with 6 warning signs

No single metric tells the full story. See the FRA:MJ0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GameSquare Holdings Business Description

Other Exchanges GAME:USA
Address 6775 Cowboys Way, Suite 1335, Frisco, TX, USA, 75034
GameSquare Holdings Inc is a vertically integrated digital media, entertainment, and technology company focused on gaming and youth culture audiences. The company operates through four reportable segments: Owned and Operated IP, Agency, SaaS and managed services, and Yield. It provides services including influencer marketing, esports talent management, creative production, merchandise and consumer products, live streaming analytics, and digital media solutions through its various brands and platforms. It generates the majority of its revenue from the Agency segment.
39GF Score

Get the complete analysis for FRA:MJ0

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

€1.32
Price
€1.03
GF Value