Montanaro UK Smaller Inv Tr (LSE:MTU) Scaled Net Operating Assets: 0.76 (As of Mar. 2026)

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LSE:MTU Montanaro UK Smaller Companies Inv Tr PLC LSE:MTU
35 GF Score
Price £1.07
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What is Montanaro UK Smaller Inv Tr Scaled Net Operating Assets?

Montanaro UK Smaller Inv Tr LSE:MTU 35 Scaled Net Operating Assets is 0.76 as of Mar. 2026. GuruFocus rates LSE:MTU with a GF Score™ of 35/100. The stock has 3 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.

Montanaro UK Smaller Inv Tr's operating assets for the quarter that ended in Mar. 2026 was £119.81 Mil. Montanaro UK Smaller Inv Tr's operating liabilities for the quarter that ended in Mar. 2026 was £1.48 Mil. Montanaro UK Smaller Inv Tr's Total Assets for the quarter that ended in Sep. 2025 was £155.72 Mil. Therefore, Montanaro UK Smaller Inv Tr's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.76.

LSE:MTU
35GF Score
Montanaro UK Smaller Companies Inv Tr PLC LSE:MTU
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Montanaro UK Smaller Inv Tr 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.

Montanaro UK Smaller Inv Tr's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(119.805-1.477)/164.639
=0.72

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=126.08 - 6.275
=119.805

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11.477 - 10 - 0
=1.477

Montanaro UK Smaller Inv Tr'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 )
=(119.805-1.477)/155.719
=0.76

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=126.08 - 6.275
=119.805

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11.477 - 10 - 0
=1.477

* 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 0.76 mean?
Montanaro UK Smaller Inv Tr (LSE:MTU) has a Scaled Net Operating Assets of 0.76 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 Montanaro UK Smaller Inv Tr and its competitors.
Is Montanaro UK Smaller Inv Tr's Scaled Net Operating Assets too high?
Montanaro UK Smaller Inv Tr's current Scaled Net Operating Assets is 0.76. Overall, Montanaro UK Smaller Inv Tr has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Montanaro UK Smaller Inv Tr's Scaled Net Operating Assets compare to BLK and BX?
Montanaro UK Smaller Inv Tr's Scaled Net Operating Assets of 0.76 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 Montanaro UK Smaller Inv Tr and its competitors. Montanaro UK Smaller Inv Tr's current Scaled Net Operating Assets is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Montanaro UK Smaller Inv Tr stock overvalued right now?
Montanaro UK Smaller Inv Tr (LSE:MTU) has a current Scaled Net Operating Assets of 0.76. The current Scaled Net Operating Assets is 0.76. Montanaro UK Smaller Inv Tr's overall GF Score™ is 35/100 with 3 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 Montanaro UK Smaller Inv Tr (LSE:MTU), the current Scaled Net Operating Assets is 0.76 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.

Montanaro UK Smaller Inv Tr Business Description

Address 53 Threadneedle Street, London, GBR, EC2R 8AR
Montanaro UK Smaller Companies Inv Tr PLC is a United Kingdom-based company. Its investment objective is capital appreciation through investing in small quoted companies, which are listed on the London Stock Exchange or traded on the Alternative Investment Market and to outperform its benchmark, the Deutsche Numis Smaller Companies Index. The company seeks to achieve its objective by investing in a diversified portfolio of quoted UK small companies.
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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