F&C Investment Trust (LSE:FCIT) Scaled Net Operating Assets: 1.07 (As of Dec. 2025)


LSE:FCIT F&C Investment Trust PLC LSE:FCIT
52 GF Score
Price £3.47
GF Value £3.35
Valuation Fairly Valued
! 7 Warning Signs
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What is F&C Investment Trust Scaled Net Operating Assets?

F&C Investment Trust LSE:FCIT +0.12% 52 Scaled Net Operating Assets is 1.07 as of Dec. 2025. GuruFocus rates LSE:FCIT with a GF Score™ of 52/100 and a GF Value™ of £3.35 (Fairly Valued). 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.

F&C Investment Trust's operating assets for the quarter that ended in Dec. 2025 was £6,675.3 Mil. F&C Investment Trust's operating liabilities for the quarter that ended in Dec. 2025 was £7.6 Mil. F&C Investment Trust's Total Assets for the quarter that ended in Jun. 2025 was £6,222.5 Mil. Therefore, F&C Investment Trust's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 1.07.

LSE:FCIT
52GF Score
F&C Investment Trust PLC LSE:FCIT
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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F&C Investment Trust 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.

F&C Investment Trust'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 )
=(6675.348-7.649)/6270.732
=1.06

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=6759.942 - 84.594
=6675.348

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=588.897 - 581.248 - 0
=7.649

F&C Investment Trust'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 )
=(6675.348-7.649)/6222.507
=1.07

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=6759.942 - 84.594
=6675.348

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=588.897 - 581.248 - 0
=7.649

* 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 1.07 mean?
F&C Investment Trust (LSE:FCIT) has a Scaled Net Operating Assets of 1.07 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 F&C Investment Trust and its competitors.
Is F&C Investment Trust's Scaled Net Operating Assets too high?
F&C Investment Trust's current Scaled Net Operating Assets is 1.07. Overall, F&C Investment Trust has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does F&C Investment Trust's Scaled Net Operating Assets compare to BLK and BX?
F&C Investment Trust's Scaled Net Operating Assets of 1.07 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 F&C Investment Trust and its competitors. F&C Investment Trust's current Scaled Net Operating Assets is 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is F&C Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, F&C Investment Trust (LSE:FCIT) is currently considered Fairly Valued. The stock's GF Value™ is £3.35, compared to a current price of £3.47 — trading 3.6% above its estimated fair value. The current Scaled Net Operating Assets is 1.07. F&C Investment Trust's overall GF Score™ is 52/100 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 F&C Investment Trust (LSE:FCIT), the current Scaled Net Operating Assets is 1.07 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 F&C Investment Trust (LSE:FCIT) Overvalued in 2026?

Based on GuruFocus' analysis, F&C Investment Trust stock appears to be overvalued. The current stock price of £3.47 is trading 3.6% above its estimated GF Value™ of £3.35. GuruFocus considers F&C Investment Trust to be Fairly Valued.

Key valuation signals for LSE:FCIT:

  • Scaled Net Operating Assets: 1.07
  • GF Value™: £3.35 vs. price of £3.47 (3.6% above fair value)
  • GF Score™: 52/100 with 7 warning signs

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

F&C Investment Trust Business Description

Address 78 Cannon Street, Cannon Place, London, GBR, EC4N 6AG
F&C Investment Trust PLC is an investment company. Its objective is to achieve long-term growth in capital and income for its shareholders through a policy of investing in an internationally diversified portfolio of publicly listed equities, as well as unlisted securities and private equity, combined with the use of gearing. Its investment holdings mainly comprise equity securities of listed companies like Amazon, Nvidia, Microsoft, Apple, and others.
52GF 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.

£3.47
Price
£3.35
GF Value