Pulsar Group (LSE:PULS) Scaled Net Operating Assets: 0.49 (As of Nov. 2025)


LSE:PULS Pulsar Group PLC LSE:PULS
36 GF Score
Price £0.39
GF Value £0.52
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Pulsar Group Scaled Net Operating Assets?

Pulsar Group LSE:PULS 36 Scaled Net Operating Assets is 0.49 as of Nov. 2025. GuruFocus rates LSE:PULS with a GF Score™ of 36/100 and a GF Value™ of £0.52 (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.

Pulsar Group's operating assets for the quarter that ended in Nov. 2025 was £85.88 Mil. Pulsar Group's operating liabilities for the quarter that ended in Nov. 2025 was £42.68 Mil. Pulsar Group's Total Assets for the quarter that ended in May. 2025 was £87.43 Mil. Therefore, Pulsar Group's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2025 was 0.49.


Pulsar Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Pulsar 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.

Pulsar Group Scaled Net Operating Assets Chart

Pulsar Group Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.96 0.57 0.53 0.56 0.49

Pulsar Group Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 0.54 0.56 0.57 0.52 0.49

LSE:PULS vs CRM, SHOP, UBER: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Pulsar 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.


Pulsar Group Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Pulsar Group's Scaled Net Operating Assets distribution charts can be found below:

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


LSE:PULS
36GF Score
Pulsar Group PLC LSE:PULS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Pulsar 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.

Pulsar Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Nov. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Nov. 2025 )
=(Operating Assets (A: Nov. 2025 )-Operating Liabilities (A: Nov. 2025 ))/Total Assets (A: Nov. 2024 )
=(85.881-42.683)/88.401
=0.49

where

Operating Assets(A: Nov. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=86.265 - 0.384
=85.881

Operating Liabilities(A: Nov. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=50.865 - 1.055 - 7.127
=42.683

Pulsar Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2025 )
=(Operating Assets (Q: Nov. 2025 )-Operating Liabilities (Q: Nov. 2025 ))/Total Assets (Q: May. 2025 )
=(85.881-42.683)/87.431
=0.49

where

Operating Assets(Q: Nov. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=86.265 - 0.384
=85.881

Operating Liabilities(Q: Nov. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=50.865 - 1.055 - 7.127
=42.683

* 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 0.49 mean?
Pulsar Group (LSE:PULS) has a Scaled Net Operating Assets of 0.49 as of Nov. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Pulsar Group and its competitors.
Is Pulsar Group's Scaled Net Operating Assets too high?
Pulsar Group's current Scaled Net Operating Assets is 0.49. Overall, Pulsar Group has a GF Score™ of 36/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pulsar Group's Scaled Net Operating Assets compare to CRM and SHOP?
Pulsar Group's Scaled Net Operating Assets of 0.49 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Pulsar Group and its competitors. Pulsar Group's current Scaled Net Operating Assets is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pulsar Group stock overvalued right now?
Based on GuruFocus' analysis, Pulsar Group (LSE:PULS) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.52, compared to a current price of £0.39 — trading 26% below its estimated fair value. The current Scaled Net Operating Assets is 0.49. Pulsar Group's overall GF Score™ is 36/100 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 Pulsar Group (LSE:PULS), the current Scaled Net Operating Assets is 0.49 as of Nov. 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 Pulsar Group (LSE:PULS) Overvalued in 2026?

Based on GuruFocus' analysis, Pulsar Group stock appears to be undervalued. The current stock price of £0.39 is trading 26% below its estimated GF Value™ of £0.52. GuruFocus considers Pulsar Group to be Modestly Undervalued.

Key valuation signals for LSE:PULS:

  • Scaled Net Operating Assets: 0.49
  • GF Value™: £0.52 vs. price of £0.39 (26% below fair value)
  • GF Score™: 36/100 with 6 warning signs

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


Pulsar Group Business Description

Address 10 Northburgh Street, Northburgh House, London, GBR, EC1V 0AT
Pulsar Group PLC is a technology-led company delivering SaaS products that address the fundamental business needs of customers in the marketing, communications, and media industries. Its portfolio includes Isentia, which is the market's dominant media monitoring, intelligence, and insights solution provider; Pulsar, the audience intelligence and social listening platform; Vuelio, which provides monitoring, insight, engagement, and evaluation tools for politics, editorial, and social media in one place; and ResponseSource, the network that connects journalists and influencers to the PR and communications industry. Geographically, the company operates in the United Kingdom, North America, Europe excluding the UK, Australia and New Zealand, Asia, and the rest of the world.
36GF 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.

£0.39
Price
£0.52
GF Value