LMGIF (Lumine Group) Scaled Net Operating Assets: 0.70 (As of Mar. 2026)


LMGIF Lumine Group Inc LMGIF
52 GF Score
Price $16.10
GF Value $32.43
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Lumine Group Scaled Net Operating Assets?

Lumine Group LMGIF +0.01% 52 Scaled Net Operating Assets is 0.70 as of Mar. 2026. GuruFocus rates LMGIF with a GF Score™ of 52/100 and a GF Value™ of $32.43 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Lumine Group's operating assets for the quarter that ended in Mar. 2026 was $1,368.7 Mil. Lumine Group's operating liabilities for the quarter that ended in Mar. 2026 was $396.6 Mil. Lumine Group's Total Assets for the quarter that ended in Dec. 2025 was $1,387.3 Mil. Therefore, Lumine Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.70.

Lumine Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Lumine Group'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.

Lumine Group Scaled Net Operating Assets Chart

Lumine Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.46 0.34 -9.73 0.66 0.53

Lumine Group Quarterly Data
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 0.57 0.53 0.52 0.53 0.70

LMGIF vs CRM, SHOP, UBER: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Lumine Group'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.

Lumine Group Scaled Net Operating Assets vs Software Industry

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

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


LMGIF
52GF Score
Lumine Group Inc LMGIF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Lumine 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.

Lumine 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 )
=(1034.829-351.4)/1288.448
=0.53

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1387.27 - 352.441
=1034.829

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=568.128 - 211.587 - 5.141
=351.4

Lumine 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 )
=(1368.66-396.557)/1387.27
=0.70

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1616.852 - 248.192
=1368.66

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=786.896 - 169.422 - 220.917
=396.557

* 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?
Lumine Group (LMGIF) 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 Lumine Group and its competitors.
Is Lumine Group's Scaled Net Operating Assets too high?
Lumine Group's current Scaled Net Operating Assets is 0.70. Overall, Lumine Group has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lumine Group's Scaled Net Operating Assets compare to CRM and SHOP?
Lumine Group'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 Lumine Group and its competitors. Lumine Group'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 Lumine Group stock overvalued right now?
Based on GuruFocus' analysis, Lumine Group (LMGIF) is currently considered Significantly Undervalued. The stock's GF Value™ is $32.43, compared to a current price of $16.10 — trading 50.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.70. Lumine Group's overall GF Score™ is 52/100 with 1 warning sign 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 Lumine Group (LMGIF), 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 Lumine Group (LMGIF) Overvalued in 2026?

Based on GuruFocus' analysis, Lumine Group stock appears to be undervalued. The current stock price of $16.10 is trading 50.4% below its estimated GF Value™ of $32.43. GuruFocus considers Lumine Group to be Significantly Undervalued.

Key valuation signals for LMGIF:

  • Scaled Net Operating Assets: 0.70
  • GF Value™: $32.43 vs. price of $16.10 (50.4% below fair value)
  • GF Score™: 52/100 with 1 warning sign

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

Lumine Group Business Description

Other Exchanges Z76:GermanyLMN:Canada
Address 5060 Spectrum Way, Suite 100, Mississauga, ON, CAN, L4W 5N5
Lumine Group Inc is principally engaged in the acquisition and strengthening of businesses in the communications and media industry. These businesses provide software development, installation, and customization services, along with related professional services and support for customers across various regions.
52GF Score

Get the complete analysis for LMGIF

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

$16.10
Price
$32.43
GF Value