Arrow Exploration (LSE:AXL) Scaled Net Operating Assets: 0.43 (As of Mar. 2026)

What is Arrow Exploration Scaled Net Operating Assets?

Arrow Exploration LSE:AXL -5.00% 43 Scaled Net Operating Assets is 0.43 as of Mar. 2026. GuruFocus rates LSE:AXL with a GF Score™ of 43/100 and a GF Value™ of £0.32 (Modestly Undervalued). The stock has 7 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.

Arrow Exploration's operating assets for the quarter that ended in Mar. 2026 was £73.00 Mil. Arrow Exploration's operating liabilities for the quarter that ended in Mar. 2026 was £39.32 Mil. Arrow Exploration's Total Assets for the quarter that ended in Dec. 2025 was £78.74 Mil. Therefore, Arrow Exploration's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.43.

Arrow Exploration Scaled Net Operating Assets Related Terms

Arrow Exploration Scaled Net Operating Assets Historical Data

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The historical data trend for Arrow Exploration'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.

Arrow Exploration Scaled Net Operating Assets Chart

Arrow Exploration Annual Data

Trend

Dec16

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Dec22

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Dec25

Scaled Net Operating Assets

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0.50

0.39

0.54

0.55

0.51

Arrow Exploration 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															0.37	0.44	0.56	0.47	0.43

LSE:AXL vs COP, EOG, OXY: Scaled Net Operating Assets Comparison

For the Oil & Gas E&P subindustry, Arrow Exploration'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.

Arrow Exploration Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Arrow Exploration's Scaled Net Operating Assets distribution charts can be found below:

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

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43GF Score

Arrow Exploration Corp LSE:AXL

Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.

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Arrow Exploration 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.

Arrow Exploration'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 )
=	(70.363	-	37.915)	/	64.284
=	0.50

where

	Operating Assets		(A: Dec. 2025 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	78.736	-	8.373
=	70.363

	Operating Liabilities		(A: Dec. 2025 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	38.065	-	0.099	-	0.051
=	37.915

Arrow Exploration'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 )
=	(72.998	-	39.324)	/	78.736
=	0.43

where

	Operating Assets		(Q: Mar. 2026 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	83.66	-	10.662
=	72.998

	Operating Liabilities		(Q: Mar. 2026 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	39.437	-	0.078	-	0.035
=	39.324

Frequently Asked Questions Learn more about Scaled Net Operating Assets →

What does a Scaled Net Operating Assets of 0.43 mean?

Arrow Exploration (LSE:AXL) has a Scaled Net Operating Assets of 0.43 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 Arrow Exploration and its competitors.

Is Arrow Exploration's Scaled Net Operating Assets too high?

Arrow Exploration's current Scaled Net Operating Assets is 0.43. Overall, Arrow Exploration has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Arrow Exploration's Scaled Net Operating Assets compare to COP and EOG?

Arrow Exploration's Scaled Net Operating Assets of 0.43 can be compared against companies in the Oil & Gas 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 Oil & Gas company?

A good Scaled Net Operating Assets depends on the Oil & Gas 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 Arrow Exploration and its competitors. Arrow Exploration's current Scaled Net Operating Assets is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Arrow Exploration stock overvalued right now?

Based on GuruFocus' analysis, Arrow Exploration (LSE:AXL) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.32, compared to a current price of £0.24 — trading 25.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.43. Arrow Exploration's overall GF Score™ is 43/100 with 7 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 Arrow Exploration (LSE:AXL), the current Scaled Net Operating Assets is 0.43 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 Arrow Exploration (LSE:AXL) Overvalued in 2026?

Based on GuruFocus' analysis, Arrow Exploration stock appears to be undervalued. The current stock price of £0.24 is trading 25.8% below its estimated GF Value™ of £0.32. GuruFocus considers Arrow Exploration to be Modestly Undervalued.

Key valuation signals for LSE:AXL:

Scaled Net Operating Assets: 0.43
GF Value™: £0.32 vs. price of £0.24 (25.8% below fair value)
GF Score™: 43/100 with 7 warning signs

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

Arrow Exploration Business Description

Industry Energy Oil & Gas

Comparable Companies TSX:YGR TSXV:TPL TSXV:LTC TSX:QEC TSXV:AFE TSXV:NSE TSXV:OYL TSXV:LCX TSXV:HAM TSXV:ROK HKSE:00883 COP TSX:CNQ EOG OXY FANG DVN ASX:WDS EQT TPL

Other Exchanges CSTPF:USA AXL:Canada

Address 1430, 333 11th Avenue SW, Calgary, AB, CAN, T2R 1L9

Website https://www.arrowexploration.ca

Arrow Exploration Corp is engaged in oil exploration, development and production, and the acquisition of oil and gas properties. The company operates in two reportable segment: Colombia and Canada. The company generates the majority of its revenue from Colombia. Some of the company's assets are Tapir Block, Capella Field, Oso Pardo, and Santa Isabel. The Canada segment of the company is referred to as the Corporate Segment. The company generates all of its revenue from oil and natural gas sales.

43GF Score

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£0.24

Price

£0.32

GF Value

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