Radian Group (FRA:RAG) Scaled Net Operating Assets: -0.10 (As of Mar. 2026)


FRA:RAG Radian Group Inc FRA:RAG
86 GF Score
Price €31.60
GF Value €32.25
! 5 Warning Signs
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What is Radian Group Scaled Net Operating Assets?

Radian Group FRA:RAG -0.63% 86 Scaled Net Operating Assets is -0.10 as of Mar. 2026. GuruFocus rates FRA:RAG with a GF Score™ of 86/100 and a GF Value™ of €32.25. 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.

Radian Group's operating assets for the quarter that ended in Mar. 2026 was €3,259 Mil. Radian Group's operating liabilities for the quarter that ended in Mar. 2026 was €3,928 Mil. Radian Group's Total Assets for the quarter that ended in Dec. 2025 was €6,937 Mil. Therefore, Radian Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.10.

FRA:RAG
86GF Score
Radian Group Inc FRA:RAG
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Radian 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.

Radian Group'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 )
=(6915.323-1887.039)/8298.506
=0.61

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=6936.527 - 21.204
=6915.323

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2853.114 - 966.075 - 0
=1887.039

Radian Group'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 )
=(3258.594-3927.961)/6936.527
=-0.10

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=9214.305 - 5955.711
=3258.594

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5054.294 - 960.067 - 166.266
=3927.961

* 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 -0.10 mean?
Radian Group (FRA:RAG) has a Scaled Net Operating Assets of -0.10 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 Radian Group and its competitors.
Is Radian Group's Scaled Net Operating Assets too high?
Radian Group's current Scaled Net Operating Assets is -0.10. Overall, Radian Group has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Radian Group's Scaled Net Operating Assets compare to RYAN and MTG?
Radian Group's Scaled Net Operating Assets of -0.10 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 Radian Group and its competitors. Radian Group's current Scaled Net Operating Assets is -0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Radian Group stock overvalued right now?
Radian Group (FRA:RAG) has a current Scaled Net Operating Assets of -0.10. The stock's GF Value™ is €32.25, compared to a current price of €31.60 — trading 2% below its estimated fair value. The current Scaled Net Operating Assets is -0.10. Radian Group's overall GF Score™ is 86/100 with 5 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 Radian Group (FRA:RAG), the current Scaled Net Operating Assets is -0.10 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 Radian Group (FRA:RAG) Overvalued in 2026?

Based on GuruFocus' analysis, Radian Group stock appears to be undervalued. The current stock price of €31.60 is trading 2% below its estimated GF Value™ of €32.25.

Key valuation signals for FRA:RAG:

  • Scaled Net Operating Assets: -0.10
  • GF Value™: €32.25 vs. price of €31.60 (2% below fair value)
  • GF Score™: 86/100 with 5 warning signs

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

Radian Group Business Description

Other Exchanges RDN:USARAG:Germany
Address 550 East Swedesford Road, Suite 350, Wayne, PA, USA, 19087
Radian Group Inc is engaged in mortgage and real estate services. It provides both credit-related mortgage insurance coverage and other products and services across the residential real estate and mortgage finance industries. It has one reportable segment, Mortgage Insurance, which primarily derives its revenue by providing private mortgage insurance on residential first-lien mortgage loans to mortgage lending institutions and mortgage credit investors.
86GF 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.

€31.60
Price
€32.25
GF Value