GROW (US Global Investors) Scaled Net Operating Assets: 0.24 (As of Mar. 2026)


GROW US Global Investors Inc GROW
62 GF Score
Price $3.14
GF Value $2.31
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is US Global Investors Scaled Net Operating Assets?

US Global Investors GROW 62 Scaled Net Operating Assets is 0.24 as of Mar. 2026. GuruFocus rates GROW with a GF Score™ of 62/100 and a GF Value™ of $2.31 (Significantly Overvalued). 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.

US Global Investors's operating assets for the quarter that ended in Mar. 2026 was $14.19 Mil. US Global Investors's operating liabilities for the quarter that ended in Mar. 2026 was $2.72 Mil. US Global Investors's Total Assets for the quarter that ended in Dec. 2025 was $47.22 Mil. Therefore, US Global Investors's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.24.


US Global Investors Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for US Global Investors'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.

US Global Investors Scaled Net Operating Assets Chart

US Global Investors Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.79 0.31 0.26 0.22 0.21

US Global Investors Quarterly Data
Jun21 Sep21 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 0.20 0.23 0.25 0.18 0.24

GROW vs GRF, FCO, MLCI: Scaled Net Operating Assets Comparison

For the Asset Management subindustry, US Global Investors'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.


US Global Investors Scaled Net Operating Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, US Global Investors's Scaled Net Operating Assets distribution charts can be found below:

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


GROW
62GF Score
US Global Investors Inc GROW
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

US Global Investors 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.

US Global Investors's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(13.82-2.774)/51.963
=0.21

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=48.064 - 34.244
=13.82

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.857 - 0.075 - 0.008
=2.774

US Global Investors'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 )
=(14.188-2.719)/47.22
=0.24

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=48.921 - 34.733
=14.188

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.873 - 0.127 - 0.027
=2.719

* 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 0.24 mean?
US Global Investors (GROW) has a Scaled Net Operating Assets of 0.24 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 US Global Investors and its competitors.
Is US Global Investors' Scaled Net Operating Assets too high?
US Global Investors' current Scaled Net Operating Assets is 0.24. Overall, US Global Investors has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does US Global Investors' Scaled Net Operating Assets compare to GRF and FCO?
US Global Investors' Scaled Net Operating Assets of 0.24 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 US Global Investors and its competitors. US Global Investors's current Scaled Net Operating Assets is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is US Global Investors stock overvalued right now?
Based on GuruFocus' analysis, US Global Investors (GROW) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.31, compared to a current price of $3.14 — trading 35.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.24. US Global Investors' overall GF Score™ is 62/100 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 US Global Investors (GROW), the current Scaled Net Operating Assets is 0.24 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 US Global Investors (GROW) Overvalued in 2026?

Based on GuruFocus' analysis, US Global Investors stock appears to be overvalued. The current stock price of $3.14 is trading 35.9% above its estimated GF Value™ of $2.31. GuruFocus considers US Global Investors to be Significantly Overvalued.

Key valuation signals for GROW:

  • Scaled Net Operating Assets: 0.24
  • GF Value™: $2.31 vs. price of $3.14 (35.9% above fair value)
  • GF Score™: 62/100 with 3 warning signs

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


US Global Investors Business Description

Other Exchanges 0LHX:UKUGL:Germany
Address 7900 Callaghan Road, San Antonio, TX, USA, 78229
US Global Investors Inc is a registered investment advisory firm. The company manages the following business segments: Investment management services; through which the company offers, to U.S. Global Investors Funds (USGIF or the Funds) and exchange-traded fund (ETF) clients, a range of investment management products and services to meet the needs of individual and institutional investors; and Corporate Investments, through which the company invests for its own account in an effort to add growth and value to its cash position. It derives all its revenue from Investment management services.
62GF Score

Get the complete analysis for GROW

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

$3.14
Price
$2.31
GF Value