Angling Direct (LSE:ANG) Scaled Net Operating Assets: 0.60 (As of Jan. 2026)

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LSE:ANG Angling Direct PLC LSE:ANG
56 GF Score
Price £0.50
GF Value £0.53
Valuation Fairly Valued
! 1 Warning Sign
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What is Angling Direct Scaled Net Operating Assets?

Angling Direct LSE:ANG 56 Scaled Net Operating Assets is 0.60 as of Jan. 2026. GuruFocus rates LSE:ANG with a GF Score™ of 56/100 and a GF Value™ of £0.53 (Fairly Valued). 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.

Angling Direct's operating assets for the quarter that ended in Jan. 2026 was £57.6 Mil. Angling Direct's operating liabilities for the quarter that ended in Jan. 2026 was £15.0 Mil. Angling Direct's Total Assets for the quarter that ended in Jul. 2025 was £70.8 Mil. Therefore, Angling Direct's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.60.


Angling Direct Scaled Net Operating Assets Historical Data

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The historical data trend for Angling Direct'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.

Angling Direct Scaled Net Operating Assets Chart

Angling Direct Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.60 0.59 0.67 0.66

Angling Direct Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.53 0.61 0.58 0.64 0.60

LSE:ANG vs CASY, WSM, DKS: Scaled Net Operating Assets Comparison

For the Specialty Retail subindustry, Angling Direct'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.


Angling Direct Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Angling Direct's Scaled Net Operating Assets distribution charts can be found below:

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


LSE:ANG
56GF Score
Angling Direct PLC LSE:ANG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Angling Direct 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.

Angling Direct's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jan. 2026 )
=(Operating Assets (A: Jan. 2026 )-Operating Liabilities (A: Jan. 2026 ))/Total Assets (A: Jan. 2025 )
=(57.631-14.971)/64.344
=0.66

where

Operating Assets(A: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=68.545 - 10.914
=57.631

Operating Liabilities(A: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=27.714 - 10.498 - 2.245
=14.971

Angling Direct's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2026 )
=(Operating Assets (Q: Jan. 2026 )-Operating Liabilities (Q: Jan. 2026 ))/Total Assets (Q: Jul. 2025 )
=(57.631-14.971)/70.762
=0.60

where

Operating Assets(Q: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=68.545 - 10.914
=57.631

Operating Liabilities(Q: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=27.714 - 10.498 - 2.245
=14.971

* 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 0.60 mean?
Angling Direct (LSE:ANG) has a Scaled Net Operating Assets of 0.60 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Angling Direct and its competitors.
Is Angling Direct's Scaled Net Operating Assets too high?
Angling Direct's current Scaled Net Operating Assets is 0.60. Overall, Angling Direct has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Angling Direct's Scaled Net Operating Assets compare to CASY and WSM?
Angling Direct's Scaled Net Operating Assets of 0.60 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 Angling Direct and its competitors. Angling Direct's current Scaled Net Operating Assets is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angling Direct stock overvalued right now?
Based on GuruFocus' analysis, Angling Direct (LSE:ANG) is currently considered Fairly Valued. The stock's GF Value™ is £0.53, compared to a current price of £0.50 — trading 6.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.60. Angling Direct's overall GF Score™ is 56/100 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 Angling Direct (LSE:ANG), the current Scaled Net Operating Assets is 0.60 as of Jan. 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 Angling Direct (LSE:ANG) Overvalued in 2026?

Based on GuruFocus' analysis, Angling Direct stock appears to be undervalued. The current stock price of £0.50 is trading 6.6% below its estimated GF Value™ of £0.53. GuruFocus considers Angling Direct to be Fairly Valued.

Key valuation signals for LSE:ANG:

  • Scaled Net Operating Assets: 0.60
  • GF Value™: £0.53 vs. price of £0.50 (6.6% below fair value)
  • GF Score™: 56/100 with 1 warning sign

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


Angling Direct Business Description

Address 2D Wendover Road, Rackheath Industrial Estate, Rackheath, Norwich, Norfolk, GBR, NR13 6LH
Angling Direct PLC principal activity of the Group is the sale of fishing tackle through its websites and stores. The Group's business model is designed to generate growth by providing excellent customer service, advice and ensuring product lines include a market range. Customers range from the casual hobbyist through to very committed anglers. The Group has two operating segments: UK and Europe. The company generates majority of revenue from UK.
56GF Score

Get the complete analysis for LSE:ANG

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

£0.50
Price
£0.53
GF Value