Mincon Group (LSE:MCON) Scaled Net Operating Assets: 0.86 (As of Dec. 2025)


LSE:MCON Mincon Group PLC LSE:MCON
54 GF Score
Price £0.59
GF Value £0.40
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Mincon Group Scaled Net Operating Assets?

Mincon Group LSE:MCON +3.54% 54 Scaled Net Operating Assets is 0.86 as of Dec. 2025. GuruFocus rates LSE:MCON with a GF Score™ of 54/100 and a GF Value™ of £0.40 (Significantly Overvalued). The stock has 5 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.

Mincon Group's operating assets for the quarter that ended in Dec. 2025 was £170.2 Mil. Mincon Group's operating liabilities for the quarter that ended in Dec. 2025 was £20.7 Mil. Mincon Group's Total Assets for the quarter that ended in Jun. 2025 was £174.4 Mil. Therefore, Mincon Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.86.


Mincon Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Mincon Group'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.

Mincon Group Scaled Net Operating Assets Chart

Mincon Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.88 0.77 0.77 0.85

Mincon Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 0.77 0.78 0.79 0.82 0.86

LSE:MCON vs SNA, RBC, LECO: Scaled Net Operating Assets Comparison

For the Tools & Accessories subindustry, Mincon Group'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.


Mincon Group Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mincon Group's Scaled Net Operating Assets distribution charts can be found below:

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


LSE:MCON
54GF Score
Mincon Group PLC LSE:MCON
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Mincon Group 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.

Mincon Group'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 )
=(170.173-20.733)/175.132
=0.85

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=180.363 - 10.19
=170.173

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=50.064 - 16.258 - 13.073
=20.733

Mincon Group'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 )
=(170.173-20.733)/174.446
=0.86

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=180.363 - 10.19
=170.173

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=50.064 - 16.258 - 13.073
=20.733

* 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 0.86 mean?
Mincon Group (LSE:MCON) has a Scaled Net Operating Assets of 0.86 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 Mincon Group and its competitors.
Is Mincon Group's Scaled Net Operating Assets too high?
Mincon Group's current Scaled Net Operating Assets is 0.86. Overall, Mincon Group has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mincon Group's Scaled Net Operating Assets compare to SNA and RBC?
Mincon Group's Scaled Net Operating Assets of 0.86 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 Mincon Group and its competitors. Mincon Group's current Scaled Net Operating Assets is 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mincon Group stock overvalued right now?
Based on GuruFocus' analysis, Mincon Group (LSE:MCON) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.40, compared to a current price of £0.59 — trading 46.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.86. Mincon Group's overall GF Score™ is 54/100 with 5 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 Mincon Group (LSE:MCON), the current Scaled Net Operating Assets is 0.86 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 Mincon Group (LSE:MCON) Overvalued in 2026?

Based on GuruFocus' analysis, Mincon Group stock appears to be overvalued. The current stock price of £0.59 is trading 46.3% above its estimated GF Value™ of £0.40. GuruFocus considers Mincon Group to be Significantly Overvalued.

Key valuation signals for LSE:MCON:

  • Scaled Net Operating Assets: 0.86
  • GF Value™: £0.40 vs. price of £0.59 (46.3% above fair value)
  • GF Score™: 54/100 with 5 warning signs

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


Mincon Group Business Description

Other Exchanges MIO:Ireland
Address Smithstown Industrial Estate, County Clare, Shannon, IRL
Mincon Group PLC designs, produces, and sells rock drilling tools. Its products are used in the mining exploration, oil and gas production, water well drilling, geothermal drilling, and seismic drilling sectors. Mincon's product offerings include conventional down-the-hole hammers, inverted circulation down-the-hole hammers, horizontal directional drilling systems, mast integration systems, drill pipes, and shock absorbers, among others. It also provides training, after-sales support, and related services to customers through its network of sales and distribution companies. Maximum revenue is derived from the sale of drilling equipment. Geographically, the company generates maximum revenue from Europe, Middle East, Africa (EMEA), followed by the Americas, Australasia, and Ireland.
54GF 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.

£0.59
Price
£0.40
GF Value