GRAPF (First Canadian Graphite) Scaled Net Operating Assets: 0.36 (As of Nov. 2025)


GRAPF First Canadian Graphite Inc GRAPF
22 GF Score
Price $0.18
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What is First Canadian Graphite Scaled Net Operating Assets?

First Canadian Graphite GRAPF +1.56% 22 Scaled Net Operating Assets is 0.36 as of Nov. 2025. GuruFocus rates GRAPF with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

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

First Canadian Graphite's operating assets for the quarter that ended in Nov. 2025 was $0.90 Mil. First Canadian Graphite's operating liabilities for the quarter that ended in Nov. 2025 was $0.54 Mil. First Canadian Graphite's Total Assets for the quarter that ended in Aug. 2025 was $1.01 Mil. Therefore, First Canadian Graphite's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2025 was 0.36.


First Canadian Graphite Scaled Net Operating Assets Historical Data

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The historical data trend for First Canadian Graphite'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.

First Canadian Graphite Scaled Net Operating Assets Chart

First Canadian Graphite Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.77 0.29 0.56 0.16

First Canadian Graphite Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25
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 0.65 0.18 0.21 0.38 0.36

First Canadian Graphite Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, First Canadian Graphite'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.


First Canadian Graphite Scaled Net Operating Assets vs Metals & Mining Industry

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

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


GRAPF
22GF Score
First Canadian Graphite Inc GRAPF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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First Canadian Graphite 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.

First Canadian Graphite's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2025 )
=(Operating Assets (A: Feb. 2025 )-Operating Liabilities (A: Feb. 2025 ))/Total Assets (A: Feb. 2024 )
=(0.898-0.65)/1.531
=0.16

where

Operating Assets(A: Feb. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.103 - 0.205
=0.898

First Canadian Graphite's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2025 )
=(Operating Assets (Q: Nov. 2025 )-Operating Liabilities (Q: Nov. 2025 ))/Total Assets (Q: Aug. 2025 )
=(0.9-0.541)/1.005
=0.36

where

Operating Assets(Q: Nov. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.941 - 0.041
=0.9

Operating Liabilities(Q: Nov. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.541 - 0 - 0
=0.541

* 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 0.36 mean?
First Canadian Graphite (GRAPF) has a Scaled Net Operating Assets of 0.36 as of Nov. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on First Canadian Graphite and its competitors.
Is First Canadian Graphite's Scaled Net Operating Assets too high?
First Canadian Graphite's current Scaled Net Operating Assets is 0.36. Overall, First Canadian Graphite has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does First Canadian Graphite's Scaled Net Operating Assets compare to competitors?
First Canadian Graphite's Scaled Net Operating Assets of 0.36 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 First Canadian Graphite and its competitors. First Canadian Graphite's current Scaled Net Operating Assets is 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Canadian Graphite stock overvalued right now?
First Canadian Graphite (GRAPF) has a current Scaled Net Operating Assets of 0.36. The current Scaled Net Operating Assets is 0.36. First Canadian Graphite's overall GF Score™ is 22/100 with 1 warning sign 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 First Canadian Graphite (GRAPF), the current Scaled Net Operating Assets is 0.36 as of Nov. 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.

First Canadian Graphite Business Description

Other Exchanges BR2:GermanyFCI:Canada
Address 1100 - 1111 Melville Street, Thomas Yingling, Vancouver, BC, CAN, V6E 3V6
First Canadian Graphite Inc is engaged in an exploration and development mining company. The company is focused on graphite projects in Quebec to fulfill the growing demand for locally sourced critical minerals. The projects of the company include the Berkwood Graphite Project and the Jupiter Project in Quebec, and the Stallion Project in British Columbia.
22GF Score

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