GRND (Grindr) Scaled Net Operating Assets: 0.70 (As of Mar. 2026)


GRND Grindr Inc GRND
51 GF Score
Price $14.58
GF Value $17.41
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Grindr Scaled Net Operating Assets?

Grindr GRND +0.93% 51 Scaled Net Operating Assets is 0.70 as of Mar. 2026. GuruFocus rates GRND with a GF Score™ of 51/100 and a GF Value™ of $17.41 (Modestly 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.

Grindr's operating assets for the quarter that ended in Mar. 2026 was $447.1 Mil. Grindr's operating liabilities for the quarter that ended in Mar. 2026 was $75.1 Mil. Grindr's Total Assets for the quarter that ended in Dec. 2025 was $531.0 Mil. Therefore, Grindr's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.70.


Grindr Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Grindr'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.

Grindr Scaled Net Operating Assets Chart

Grindr Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.76 0.80 0.68 0.23 0.75

Grindr Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.74 0.52 0.64 0.82 0.70

GRND vs NIQ, KC, PDFS: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Grindr'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.


Grindr Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Grindr's Scaled Net Operating Assets distribution charts can be found below:

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


GRND
51GF Score
Grindr Inc GRND
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Grindr 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.

Grindr'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 )
=(443.986-83.437)/479.09
=0.75

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=531.031 - 87.045
=443.986

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=484.025 - 378.433 - 22.155
=83.437

Grindr'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 )
=(447.114-75.109)/531.031
=0.70

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=470.924 - 23.81
=447.114

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=470.085 - 373.293 - 21.683
=75.109

* 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 0.70 mean?
Grindr (GRND) has a Scaled Net Operating Assets of 0.70 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 Grindr and its competitors.
Is Grindr's Scaled Net Operating Assets too high?
Grindr's current Scaled Net Operating Assets is 0.70. Overall, Grindr has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grindr's Scaled Net Operating Assets compare to NIQ and KC?
Grindr's Scaled Net Operating Assets of 0.70 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Grindr and its competitors. Grindr's current Scaled Net Operating Assets is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grindr stock overvalued right now?
Based on GuruFocus' analysis, Grindr (GRND) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.41, compared to a current price of $14.58 — trading 16.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.70. Grindr's overall GF Score™ is 51/100 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 Grindr (GRND), the current Scaled Net Operating Assets is 0.70 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 Grindr (GRND) Overvalued in 2026?

Based on GuruFocus' analysis, Grindr stock appears to be undervalued. The current stock price of $14.58 is trading 16.3% below its estimated GF Value™ of $17.41. GuruFocus considers Grindr to be Modestly Undervalued.

Key valuation signals for GRND:

  • Scaled Net Operating Assets: 0.70
  • GF Value™: $17.41 vs. price of $14.58 (16.3% below fair value)
  • GF Score™: 51/100 with 3 warning signs

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


Grindr Business Description

Other Exchanges QV1:Germany
Address 750 N. San Vincente Boulevard, Suite RE 1400, West Hollywood, CA, USA, 90069
Grindr Inc is a social networking app for gay, bi, trans, and queer people. It is a social network that brings together gay and bisexual men who want to meet other men close to them in a completely discrete and anonymous way, without having to give any personal information or having to fill out a profile with confidential information in order to register.
51GF Score

Get the complete analysis for GRND

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

$14.58
Price
$17.41
GF Value