Fiske (LSE:FKE) Scaled Net Operating Assets: 0.32 (As of Dec. 2025)


LSE:FKE Fiske PLC LSE:FKE
49 GF Score
Price £0.60
GF Value £0.74
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Fiske Scaled Net Operating Assets?

Fiske LSE:FKE +4.35% 49 Scaled Net Operating Assets is 0.32 as of Dec. 2025. GuruFocus rates LSE:FKE with a GF Score™ of 49/100 and a GF Value™ of £0.74 (Modestly Undervalued). The stock has 2 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.

Fiske's operating assets for the quarter that ended in Dec. 2025 was £9.66 Mil. Fiske's operating liabilities for the quarter that ended in Dec. 2025 was £4.60 Mil. Fiske's Total Assets for the quarter that ended in Jun. 2025 was £15.79 Mil. Therefore, Fiske's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.32.


Fiske Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Fiske'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.

Fiske Scaled Net Operating Assets Chart

Fiske Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.39 0.49 0.43 0.34

Fiske Semi-Annual Data
Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.46 0.38 0.34 0.33 0.32

LSE:FKE vs MS, GS, SCHW: Scaled Net Operating Assets Comparison

For the Capital Markets subindustry, Fiske'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.


Fiske Scaled Net Operating Assets vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Fiske's Scaled Net Operating Assets distribution charts can be found below:

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


LSE:FKE
49GF Score
Fiske PLC LSE:FKE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fiske 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.

Fiske'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 )
=(8.94-4.159)/13.969
=0.34

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15.786 - 6.846
=8.94

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.34 - 0.105 - 0.076
=4.159

Fiske'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 )
=(9.661-4.599)/15.786
=0.32

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15.935 - 6.274
=9.661

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.73 - 0.02 - 0.111
=4.599

* 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 0.32 mean?
Fiske (LSE:FKE) has a Scaled Net Operating Assets of 0.32 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 Fiske and its competitors.
Is Fiske's Scaled Net Operating Assets too high?
Fiske's current Scaled Net Operating Assets is 0.32. Overall, Fiske has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fiske's Scaled Net Operating Assets compare to MS and GS?
Fiske's Scaled Net Operating Assets of 0.32 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 Fiske and its competitors. Fiske's current Scaled Net Operating Assets is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiske stock overvalued right now?
Based on GuruFocus' analysis, Fiske (LSE:FKE) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.74, compared to a current price of £0.60 — trading 18.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.32. Fiske's overall GF Score™ is 49/100 with 2 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 Fiske (LSE:FKE), the current Scaled Net Operating Assets is 0.32 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 Fiske (LSE:FKE) Overvalued in 2026?

Based on GuruFocus' analysis, Fiske stock appears to be undervalued. The current stock price of £0.60 is trading 18.9% below its estimated GF Value™ of £0.74. GuruFocus considers Fiske to be Modestly Undervalued.

Key valuation signals for LSE:FKE:

  • Scaled Net Operating Assets: 0.32
  • GF Value™: £0.74 vs. price of £0.60 (18.9% below fair value)
  • GF Score™: 49/100 with 2 warning signs

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


Fiske Business Description

Address 100 Wood Street, London, GBR, EC2V 7AN
Fiske PLC is an independent stockbroking and investment management firm. It provides financial intermediation that consists of private client and institutional stockbroking, investment management, and the provision of corporate financial advice. It also offers other stockbroking services that include ISAs, SIPPs, and Safe Custody.
49GF Score

Get the complete analysis for LSE:FKE

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

£0.60
Price
£0.74
GF Value