HG (Hamilton Insurance Group) Scaled Net Operating Assets: 0.16 (As of Mar. 2026)


HG Hamilton Insurance Group Ltd HG
64 GF Score
Price $33.55
GF Value $27.18
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Hamilton Insurance Group Scaled Net Operating Assets?

Hamilton Insurance Group HG +4.13% 64 Scaled Net Operating Assets is 0.16 as of Mar. 2026. GuruFocus rates HG with a GF Score™ of 64/100 and a GF Value™ of $27.18 (Modestly Overvalued). The stock has 5 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.

Hamilton Insurance Group's operating assets for the quarter that ended in Mar. 2026 was $8,490 Mil. Hamilton Insurance Group's operating liabilities for the quarter that ended in Mar. 2026 was $6,961 Mil. Hamilton Insurance Group's Total Assets for the quarter that ended in Dec. 2025 was $9,572 Mil. Therefore, Hamilton Insurance Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.16.

HG
64GF Score
Hamilton Insurance Group Ltd HG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Hamilton Insurance Group 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.

Hamilton Insurance Group'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 )
=(8509.254-6599.599)/7796.033
=0.24

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=9571.613 - 1062.359
=8509.254

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6749.342 - 149.743 - 0
=6599.599

Hamilton Insurance Group'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 )
=(8490.059-6961.253)/9571.613
=0.16

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=9864.009 - 1373.95
=8490.059

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7111.022 - 149.769 - 0
=6961.253

* 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 0.16 mean?
Hamilton Insurance Group (HG) has a Scaled Net Operating Assets of 0.16 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 Hamilton Insurance Group and its competitors.
Is Hamilton Insurance Group's Scaled Net Operating Assets too high?
Hamilton Insurance Group's current Scaled Net Operating Assets is 0.16. Overall, Hamilton Insurance Group has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hamilton Insurance Group's Scaled Net Operating Assets compare to SPNT and GLRE?
Hamilton Insurance Group's Scaled Net Operating Assets of 0.16 can be compared against companies in the Insurance 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 Insurance company?
A good Scaled Net Operating Assets depends on the Insurance 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 Hamilton Insurance Group and its competitors. Hamilton Insurance Group's current Scaled Net Operating Assets is 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamilton Insurance Group stock overvalued right now?
Based on GuruFocus' analysis, Hamilton Insurance Group (HG) is currently considered Modestly Overvalued. The stock's GF Value™ is $27.18, compared to a current price of $33.55 — trading 23.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.16. Hamilton Insurance Group's overall GF Score™ is 64/100 with 5 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 Hamilton Insurance Group (HG), the current Scaled Net Operating Assets is 0.16 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 Hamilton Insurance Group (HG) Overvalued in 2026?

Based on GuruFocus' analysis, Hamilton Insurance Group stock appears to be overvalued. The current stock price of $33.55 is trading 23.4% above its estimated GF Value™ of $27.18. GuruFocus considers Hamilton Insurance Group to be Modestly Overvalued.

Key valuation signals for HG:

  • Scaled Net Operating Assets: 0.16
  • GF Value™: $27.18 vs. price of $33.55 (23.4% above fair value)
  • GF Score™: 64/100 with 5 warning signs

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

Hamilton Insurance Group Business Description

Other Exchanges QN0:Germany
Address 90 Pitts Bay Road, Wellesley House North, 1st Floor, Pembroke, BMU, HM 08
Hamilton Insurance Group Ltd is a specialty insurance and reinsurance company. It operates globally, with underwriting operations in London, Dublin, Bermuda, and the United States. It operates three principal underwriting platforms (Hamilton Global Specialty, Hamilton Select, and Hamilton Re) that are categorized into two reporting business segments: International and Bermuda.
64GF 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.

$33.55
Price
$27.18
GF Value