GRCLF (Graincorp) Scaled Net Operating Assets: 1.17 (As of Mar. 2026)


GRCLF Graincorp Ltd GRCLF
66 GF Score
Price $3.51
GF Value $5.15
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Graincorp Scaled Net Operating Assets?

Graincorp GRCLF +1.60% 66 Scaled Net Operating Assets is 1.17 as of Mar. 2026. GuruFocus rates GRCLF with a GF Score™ of 66/100 and a GF Value™ of $5.15 (Significantly Undervalued). The stock has 3 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.

Graincorp's operating assets for the quarter that ended in Mar. 2026 was $2,586 Mil. Graincorp's operating liabilities for the quarter that ended in Mar. 2026 was $508 Mil. Graincorp's Total Assets for the quarter that ended in Sep. 2025 was $1,773 Mil. Therefore, Graincorp's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 1.17.


Graincorp Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Graincorp'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.

Graincorp Scaled Net Operating Assets Chart

Graincorp Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 0.76 0.59 0.57 0.58

Graincorp Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.52 0.97 0.45 1.17

GRCLF vs ADM, BG, TSN: Scaled Net Operating Assets Comparison

For the Farm Products subindustry, Graincorp'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.


Graincorp Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Graincorp's Scaled Net Operating Assets distribution charts can be found below:

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


GRCLF
66GF Score
Graincorp Ltd GRCLF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Graincorp 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.

Graincorp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2025 )
=(Operating Assets (A: Sep. 2025 )-Operating Liabilities (A: Sep. 2025 ))/Total Assets (A: Sep. 2024 )
=(1435.752-298.417)/1966.757
=0.58

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1773.021 - 337.269
=1435.752

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=848.483 - 215.897 - 334.169
=298.417

Graincorp'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: Sep. 2025 )
=(2585.895-508.211)/1773.021
=1.17

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2787.579 - 201.684
=2585.895

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1841.684 - 215.719 - 1117.754
=508.211

* 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 1.17 mean?
Graincorp (GRCLF) has a Scaled Net Operating Assets of 1.17 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 Graincorp and its competitors.
Is Graincorp's Scaled Net Operating Assets too high?
Graincorp's current Scaled Net Operating Assets is 1.17. Overall, Graincorp has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Graincorp's Scaled Net Operating Assets compare to ADM and BG?
Graincorp's Scaled Net Operating Assets of 1.17 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 Graincorp and its competitors. Graincorp's current Scaled Net Operating Assets is 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Graincorp stock overvalued right now?
Based on GuruFocus' analysis, Graincorp (GRCLF) is currently considered Significantly Undervalued. The stock's GF Value™ is $5.15, compared to a current price of $3.51 — trading 31.9% below its estimated fair value. The current Scaled Net Operating Assets is 1.17. Graincorp's overall GF Score™ is 66/100 with 3 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 Graincorp (GRCLF), the current Scaled Net Operating Assets is 1.17 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 Graincorp (GRCLF) Overvalued in 2026?

Based on GuruFocus' analysis, Graincorp stock appears to be undervalued. The current stock price of $3.51 is trading 31.9% below its estimated GF Value™ of $5.15. GuruFocus considers Graincorp to be Significantly Undervalued.

Key valuation signals for GRCLF:

  • Scaled Net Operating Assets: 1.17
  • GF Value™: $5.15 vs. price of $3.51 (31.9% below fair value)
  • GF Score™: 66/100 with 3 warning signs

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


Graincorp Business Description

Address Tower 2, International Towers, Level 20, 200 Barangaroo Avenue, Sydney, NSW, AUS, 2000
GrainCorp is an agribusiness with an integrated business model operating across three divisions. The company operates the largest grain storage and logistics network in eastern Australia. GrainCorp provides grain marketing services to all major grain-producing regions in Australia, as well as to Canadian and UK growers. The company has also diversified into edible oil refining and supply and bulk liquid storage.
66GF Score

Get the complete analysis for GRCLF

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

$3.51
Price
$5.15
GF Value