IAUGY (Insurance Australia Group) Scaled Net Operating Assets: 0.41 (As of Dec. 2025)


IAUGY Insurance Australia Group Ltd IAUGY
80 GF Score
Price $29.95
GF Value $23.76
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Insurance Australia Group Scaled Net Operating Assets?

Insurance Australia Group IAUGY +15.41% 80 Scaled Net Operating Assets is 0.41 as of Dec. 2025. GuruFocus rates IAUGY with a GF Score™ of 80/100 and a GF Value™ of $23.76 (Modestly Overvalued). The stock has 8 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.

Insurance Australia Group's operating assets for the quarter that ended in Dec. 2025 was $17,990 Mil. Insurance Australia Group's operating liabilities for the quarter that ended in Dec. 2025 was $11,012 Mil. Insurance Australia Group's Total Assets for the quarter that ended in Jun. 2025 was $17,128 Mil. Therefore, Insurance Australia Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.41.

IAUGY
80GF Score
Insurance Australia Group Ltd IAUGY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Insurance Australia 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.

Insurance Australia Group'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 )
=(16670.573-10134.115)/17009.96
=0.38

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=17128.255 - 457.682
=16670.573

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12059.245 - 1872.396 - 52.734
=10134.115

Insurance Australia Group'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 )
=(17990.033-11011.96)/17128.255
=0.41

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=18369.435 - 379.402
=17990.033

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13177.409 - 2165.449 - 0
=11011.96

* 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 0.41 mean?
Insurance Australia Group (IAUGY) has a Scaled Net Operating Assets of 0.41 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 Insurance Australia Group and its competitors.
Is Insurance Australia Group's Scaled Net Operating Assets too high?
Insurance Australia Group's current Scaled Net Operating Assets is 0.41. Overall, Insurance Australia Group has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Insurance Australia Group's Scaled Net Operating Assets compare to CB and PGR?
Insurance Australia Group's Scaled Net Operating Assets of 0.41 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 Insurance Australia Group and its competitors. Insurance Australia Group's current Scaled Net Operating Assets is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Insurance Australia Group stock overvalued right now?
Based on GuruFocus' analysis, Insurance Australia Group (IAUGY) is currently considered Modestly Overvalued. The stock's GF Value™ is $23.76, compared to a current price of $29.95 — trading 26.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.41. Insurance Australia Group's overall GF Score™ is 80/100 with 8 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 Insurance Australia Group (IAUGY), the current Scaled Net Operating Assets is 0.41 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 Insurance Australia Group (IAUGY) Overvalued in 2026?

Based on GuruFocus' analysis, Insurance Australia Group stock appears to be overvalued. The current stock price of $29.95 is trading 26.1% above its estimated GF Value™ of $23.76. GuruFocus considers Insurance Australia Group to be Modestly Overvalued.

Key valuation signals for IAUGY:

  • Scaled Net Operating Assets: 0.41
  • GF Value™: $23.76 vs. price of $29.95 (26.1% above fair value)
  • GF Score™: 80/100 with 8 warning signs

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

Insurance Australia Group Business Description

Address Darling Park, 201 Sussex Street, Level 13, Tower Two, Level 9, Sydney, NSW, AUS, 2000
Insurance Australia Group is the biggest domestic general insurer by gross written premiums, operating in Australia and New Zealand. The key general insurance markets in which the company operates are home and contents, motor vehicle and compulsory third party, and short-tail commercial. Insurance Australia Group sells insurance under several brands, including NRMA, CGU, SGIO, SGIC, WFI, and Swann in Australia and NZI, State, AMI, and Lumley in New Zealand.
80GF 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.

$29.95
Price
$23.76
GF Value