PUMA VCT 13 (LSE:PU13) Scaled Net Operating Assets: 1.12 (As of Feb. 2026)


LSE:PU13 PUMA VCT 13 PLC LSE:PU13
36 GF Score
Price £1.18
! 4 Warning Signs
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What is PUMA VCT 13 Scaled Net Operating Assets?

PUMA VCT 13 LSE:PU13 36 Scaled Net Operating Assets is 1.12 as of Feb. 2026. GuruFocus rates LSE:PU13 with a GF Score™ of 36/100. The stock has 4 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.

PUMA VCT 13's operating assets for the quarter that ended in Feb. 2026 was £227.19 Mil. PUMA VCT 13's operating liabilities for the quarter that ended in Feb. 2026 was £8.47 Mil. PUMA VCT 13's Total Assets for the quarter that ended in Aug. 2025 was £195.83 Mil. Therefore, PUMA VCT 13's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 1.12.

LSE:PU13
36GF Score
PUMA VCT 13 PLC LSE:PU13
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PUMA VCT 13 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.

PUMA VCT 13's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2026 )
=(Operating Assets (A: Feb. 2026 )-Operating Liabilities (A: Feb. 2026 ))/Total Assets (A: Feb. 2025 )
=(227.186-8.471)/171.434
=1.28

where

Operating Assets(A: Feb. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=234.387 - 7.201
=227.186

Operating Liabilities(A: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8.471 - 0 - 0
=8.471

PUMA VCT 13's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2026 )
=(Operating Assets (Q: Feb. 2026 )-Operating Liabilities (Q: Feb. 2026 ))/Total Assets (Q: Aug. 2025 )
=(227.186-8.471)/195.825
=1.12

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=234.387 - 7.201
=227.186

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8.471 - 0 - 0
=8.471

* 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 1.12 mean?
PUMA VCT 13 (LSE:PU13) has a Scaled Net Operating Assets of 1.12 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on PUMA VCT 13 and its competitors.
Is PUMA VCT 13's Scaled Net Operating Assets too high?
PUMA VCT 13's current Scaled Net Operating Assets is 1.12. Overall, PUMA VCT 13 has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does PUMA VCT 13's Scaled Net Operating Assets compare to BLK and BX?
PUMA VCT 13's Scaled Net Operating Assets of 1.12 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 PUMA VCT 13 and its competitors. PUMA VCT 13's current Scaled Net Operating Assets is 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PUMA VCT 13 stock overvalued right now?
PUMA VCT 13 (LSE:PU13) has a current Scaled Net Operating Assets of 1.12. The current Scaled Net Operating Assets is 1.12. PUMA VCT 13's overall GF Score™ is 36/100 with 4 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 PUMA VCT 13 (LSE:PU13), the current Scaled Net Operating Assets is 1.12 as of Feb. 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.

PUMA VCT 13 Business Description

Address 57 St James’s Street, Cassini House, London, GBR, SW1A 1LD
PUMA VCT 13 PLC principal activity is the making of investments in qualifying and non-qualifying holdings of shares or securities. It makes qualifying investments into small and medium-sized UK businesses as a venture capital trust. The principal objectives of the company are to support the growth of UK SMEs, reduce the risks associated with venture capital, and others. Its investment policy allows for a large proportion of the company's assets to be held in unquoted investments.
36GF Score

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