RenaissanceRe Holdings (FRA:RRJ) Scaled Net Operating Assets: 0.15 (As of Jun. 2026)

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FRA:RRJ RenaissanceRe Holdings Ltd FRA:RRJ
67 GF Score
Price €275.60
GF Value €225.71
Valuation Modestly Overvalued
! 6 Warning Signs
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What is RenaissanceRe Holdings Scaled Net Operating Assets?

RenaissanceRe Holdings FRA:RRJ +0.07% 67 Scaled Net Operating Assets is 0.15 as of Jun. 2026. GuruFocus rates FRA:RRJ with a GF Score™ of 67/100 and a GF Value™ of €225.71 (Modestly Overvalued). 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.

RenaissanceRe Holdings's operating assets for the quarter that ended in Jun. 2026 was €36,387 Mil. RenaissanceRe Holdings's operating liabilities for the quarter that ended in Jun. 2026 was €29,253 Mil. RenaissanceRe Holdings's Total Assets for the quarter that ended in Mar. 2026 was €46,466 Mil. Therefore, RenaissanceRe Holdings's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.15.

FRA:RRJ
67GF Score
RenaissanceRe Holdings Ltd FRA:RRJ
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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RenaissanceRe 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.

RenaissanceRe 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 )
=(44467.104-27550.415)/48425.71
=0.35

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=45945.533 - 1478.429
=44467.104

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=29539.553 - 1989.138 - 0
=27550.415

RenaissanceRe 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 )
=(36386.527-29252.593)/46466.372
=0.15

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=47909.792 - 11523.265
=36386.527

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=31275.82 - 2023.227 - 0
=29252.593

* 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 0.15 mean?
RenaissanceRe Holdings (FRA:RRJ) has a Scaled Net Operating Assets of 0.15 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 RenaissanceRe Holdings and its competitors.
Is RenaissanceRe Holdings' Scaled Net Operating Assets too high?
RenaissanceRe Holdings' current Scaled Net Operating Assets is 0.15. Overall, RenaissanceRe Holdings has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RenaissanceRe Holdings' Scaled Net Operating Assets compare to EG and RGA?
RenaissanceRe Holdings' Scaled Net Operating Assets of 0.15 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 RenaissanceRe Holdings and its competitors. RenaissanceRe Holdings's current Scaled Net Operating Assets is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RenaissanceRe Holdings stock overvalued right now?
Based on GuruFocus' analysis, RenaissanceRe Holdings (FRA:RRJ) is currently considered Modestly Overvalued. The stock's GF Value™ is €225.71, compared to a current price of €275.60 — trading 22.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.15. RenaissanceRe Holdings' overall GF Score™ is 67/100 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 RenaissanceRe Holdings (FRA:RRJ), the current Scaled Net Operating Assets is 0.15 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 RenaissanceRe Holdings (FRA:RRJ) Overvalued in 2026?

Based on GuruFocus' analysis, RenaissanceRe Holdings stock appears to be overvalued. The current stock price of €275.60 is trading 22.1% above its estimated GF Value™ of €225.71. GuruFocus considers RenaissanceRe Holdings to be Modestly Overvalued.

Key valuation signals for FRA:RRJ:

  • Scaled Net Operating Assets: 0.15
  • GF Value™: €225.71 vs. price of €275.60 (22.1% above fair value)
  • GF Score™: 67/100 with 6 warning signs

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

RenaissanceRe Holdings Business Description

Other Exchanges RNRpF.PFD:USARNR:USA
Address 12 Crow Lane, Renaissance House, Pembroke, BMU, HM 19
RenaissanceRe Holdings Ltd provides reinsurance and insurance solutions and related services. The company's core products include property, casualty and specialty reinsurance. Revenue is derived from three sources: net premiums earned from the insurance and insurance products sold; net investment income from the investment of capital funds and cash; and other income from the company's joint ventures, advisory services, and other items. The reportable segments of the company are the Property segment which includes catastrophe and other property reinsurance, and the Casualty and Specialty segment which is comprised of casualty and specialty reinsurance. It derives a majority of its revenue from the Casualty and specialty segment.
67GF 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.

€275.60
Price
€225.71
GF Value