Majedie Investments (LSE:MAJE) Scaled Net Operating Assets: 0.96 (As of Mar. 2026)

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LSE:MAJE Majedie Investments PLC LSE:MAJE
50 GF Score
Price £3.22
GF Value £3.73
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Majedie Investments Scaled Net Operating Assets?

Majedie Investments LSE:MAJE -0.16% 50 Scaled Net Operating Assets is 0.96 as of Mar. 2026. GuruFocus rates LSE:MAJE with a GF Score™ of 50/100 and a GF Value™ of £3.73 (Modestly Undervalued). The stock has 6 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.

Majedie Investments's operating assets for the quarter that ended in Mar. 2026 was £156.11 Mil. Majedie Investments's operating liabilities for the quarter that ended in Mar. 2026 was £1.83 Mil. Majedie Investments's Total Assets for the quarter that ended in Sep. 2025 was £159.87 Mil. Therefore, Majedie Investments's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.96.

LSE:MAJE
50GF Score
Majedie Investments PLC LSE:MAJE
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Majedie Investments 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.

Majedie Investments's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2025 )
=(Operating Assets (A: Sep. 2025 )-Operating Liabilities (A: Sep. 2025 ))/Total Assets (A: Sep. 2024 )
=(154.362-0.813)/172.998
=0.89

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=159.872 - 5.51
=154.362

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.813 - 0 - 0
=0.813

Majedie Investments'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: Sep. 2025 )
=(156.106-1.83)/159.872
=0.96

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=165.377 - 9.271
=156.106

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.83 - 0 - 0
=1.83

* 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 0.96 mean?
Majedie Investments (LSE:MAJE) has a Scaled Net Operating Assets of 0.96 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 Majedie Investments and its competitors.
Is Majedie Investments' Scaled Net Operating Assets too high?
Majedie Investments' current Scaled Net Operating Assets is 0.96. Overall, Majedie Investments has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Majedie Investments' Scaled Net Operating Assets compare to BLK and BX?
Majedie Investments' Scaled Net Operating Assets of 0.96 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 Majedie Investments and its competitors. Majedie Investments's current Scaled Net Operating Assets is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Majedie Investments stock overvalued right now?
Based on GuruFocus' analysis, Majedie Investments (LSE:MAJE) is currently considered Modestly Undervalued. The stock's GF Value™ is £3.73, compared to a current price of £3.22 — trading 13.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.96. Majedie Investments' overall GF Score™ is 50/100 with 6 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 Majedie Investments (LSE:MAJE), the current Scaled Net Operating Assets is 0.96 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 Majedie Investments (LSE:MAJE) Overvalued in 2026?

Based on GuruFocus' analysis, Majedie Investments stock appears to be undervalued. The current stock price of £3.22 is trading 13.8% below its estimated GF Value™ of £3.73. GuruFocus considers Majedie Investments to be Modestly Undervalued.

Key valuation signals for LSE:MAJE:

  • Scaled Net Operating Assets: 0.96
  • GF Value™: £3.73 vs. price of £3.22 (13.8% below fair value)
  • GF Score™: 50/100 with 6 warning signs

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

Majedie Investments Business Description

Address 69 Old Broad Street, Dashwood House, London, GBR, EC2M 1QS
Majedie Investments PLC is an investment trust company. The Company's investment objective is to deliver long-term capital growth while preserving shareholders capital and paying a regular dividend. The company invests mainly in securities of publicly quoted companies nationwide, as well as in selected unquoted securities. To manage risk, it focuses on in-depth analysis of economies and sector trends to achieve sustainable long-term growth. The company may use derivative instruments, including index-linked notes, contracts for difference, covered options, and other equity-related derivatives, for efficient portfolio management and investment purposes. Its revenue mainly comprises interest and dividend income generated from its investments.
50GF 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.

£3.22
Price
£3.73
GF Value