GRF (Eagle Capital Growth Fund) Scaled Net Operating Assets: 0.99 (As of Dec. 2025)


GRF Eagle Capital Growth Fund Inc GRF
57 GF Score
Price $10.01
GF Value $9.98
Valuation Fairly Valued
! 2 Warning Signs
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What is Eagle Capital Growth Fund Scaled Net Operating Assets?

Eagle Capital Growth Fund GRF -1.77% 57 Scaled Net Operating Assets is 0.99 as of Dec. 2025. GuruFocus rates GRF with a GF Score™ of 57/100 and a GF Value™ of $9.98 (Fairly Valued). The stock has 2 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.

Eagle Capital Growth Fund's operating assets for the quarter that ended in Dec. 2025 was $47.50 Mil. Eagle Capital Growth Fund's operating liabilities for the quarter that ended in Dec. 2025 was $0.07 Mil. Eagle Capital Growth Fund's Total Assets for the quarter that ended in Jun. 2025 was $47.80 Mil. Therefore, Eagle Capital Growth Fund's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.99.

GRF
57GF Score
Eagle Capital Growth Fund Inc GRF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Eagle Capital Growth Fund 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.

Eagle Capital Growth Fund'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 )
=(47.501-0.065)/45.843
=1.03

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=47.501 - 0
=47.501

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.065 - 0 - 0
=0.065

Eagle Capital Growth Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(47.501-0.065)/47.803
=0.99

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=47.501 - 0
=47.501

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.065 - 0 - 0
=0.065

* 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 0.99 mean?
Eagle Capital Growth Fund (GRF) has a Scaled Net Operating Assets of 0.99 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Eagle Capital Growth Fund and its competitors.
Is Eagle Capital Growth Fund's Scaled Net Operating Assets too high?
Eagle Capital Growth Fund's current Scaled Net Operating Assets is 0.99. Overall, Eagle Capital Growth Fund has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eagle Capital Growth Fund's Scaled Net Operating Assets compare to FCO and MLCI?
Eagle Capital Growth Fund's Scaled Net Operating Assets of 0.99 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Eagle Capital Growth Fund and its competitors. Eagle Capital Growth Fund's current Scaled Net Operating Assets is 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eagle Capital Growth Fund stock overvalued right now?
Based on GuruFocus' analysis, Eagle Capital Growth Fund (GRF) is currently considered Fairly Valued. The stock's GF Value™ is $9.98, compared to a current price of $10.01 — trading 0.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.99. Eagle Capital Growth Fund's overall GF Score™ is 57/100 with 2 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 Eagle Capital Growth Fund (GRF), the current Scaled Net Operating Assets is 0.99 as of Dec. 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.

Is Eagle Capital Growth Fund (GRF) Overvalued in 2026?

Based on GuruFocus' analysis, Eagle Capital Growth Fund stock appears to be overvalued. The current stock price of $10.01 is trading 0.3% above its estimated GF Value™ of $9.98. GuruFocus considers Eagle Capital Growth Fund to be Fairly Valued.

Key valuation signals for GRF:

  • Scaled Net Operating Assets: 0.99
  • GF Value™: $9.98 vs. price of $10.01 (0.3% above fair value)
  • GF Score™: 57/100 with 2 warning signs

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

Eagle Capital Growth Fund Business Description

Address 225 East Mason Street, Suite 802, Milwaukee, WI, USA, 53202
Eagle Capital Growth Fund Inc is a diversified closed-end investment company. The Fund's objective is long-term growth utilizing the concept of total return for selecting investments. It seeks to achieve its investment objectives by investing predominantly in U.S. issuer common stock, giving preference to high-quality companies, where high quality denotes substantial operating income margins, high returns on capital, and robust balance sheets.
57GF 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.

$10.01
Price
$9.98
GF Value