Trifast (LSE:TRI) Scaled Net Operating Assets: 0.65 (As of Mar. 2026)


LSE:TRI Trifast PLC LSE:TRI
52 GF Score
Price £0.77
GF Value £0.69
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Trifast Scaled Net Operating Assets?

Trifast LSE:TRI -0.77% 52 Scaled Net Operating Assets is 0.65 as of Mar. 2026. GuruFocus rates LSE:TRI with a GF Score™ of 52/100 and a GF Value™ of £0.69 (Modestly 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.

Trifast's operating assets for the quarter that ended in Mar. 2026 was £190.8 Mil. Trifast's operating liabilities for the quarter that ended in Mar. 2026 was £39.3 Mil. Trifast's Total Assets for the quarter that ended in Sep. 2025 was £232.0 Mil. Therefore, Trifast's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.65.


Trifast Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Trifast'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.

Trifast Scaled Net Operating Assets Chart

Trifast Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.74 0.61 0.67 0.68

Trifast Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.64 0.68 0.68 0.72 0.65

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

For the Tools & Accessories subindustry, Trifast'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.


Trifast Scaled Net Operating Assets vs Industrial Products Industry

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

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


LSE:TRI
52GF Score
Trifast PLC LSE:TRI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Trifast 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.

Trifast'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 )
=(190.825-39.304)/223.644
=0.68

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=223.25 - 32.425
=190.825

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=107.628 - 65.39 - 2.934
=39.304

Trifast'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 )
=(190.825-39.304)/231.988
=0.65

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=223.25 - 32.425
=190.825

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=107.628 - 65.39 - 2.934
=39.304

* 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 0.65 mean?
Trifast (LSE:TRI) has a Scaled Net Operating Assets of 0.65 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 Trifast and its competitors.
Is Trifast's Scaled Net Operating Assets too high?
Trifast's current Scaled Net Operating Assets is 0.65. Overall, Trifast has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trifast's Scaled Net Operating Assets compare to SNA and RBC?
Trifast's Scaled Net Operating Assets of 0.65 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 Trifast and its competitors. Trifast's current Scaled Net Operating Assets is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trifast stock overvalued right now?
Based on GuruFocus' analysis, Trifast (LSE:TRI) is currently considered Modestly Overvalued. The stock's GF Value™ is £0.69, compared to a current price of £0.77 — trading 11.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.65. Trifast's overall GF Score™ is 52/100 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 Trifast (LSE:TRI), the current Scaled Net Operating Assets is 0.65 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 Trifast (LSE:TRI) Overvalued in 2026?

Based on GuruFocus' analysis, Trifast stock appears to be overvalued. The current stock price of £0.77 is trading 11.6% above its estimated GF Value™ of £0.69. GuruFocus considers Trifast to be Modestly Overvalued.

Key valuation signals for LSE:TRI:

  • Scaled Net Operating Assets: 0.65
  • GF Value™: £0.69 vs. price of £0.77 (11.6% above fair value)
  • GF Score™: 52/100 with 5 warning signs

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


Trifast Business Description

Other Exchanges TRIl:UK25D:Germany
Address Reedswood Park Road, Trifast House, National Distribution Centre, Walsall, West Midlands, GBR, WS2 8DQ
Trifast PLC is engaged in the engineering, manufacturing, and distribution of industrial fastenings and category C components to industrial and retail customers. It serves Electronics, Automotive, Domestic appliances, Distributors, General Industrial, and other sectors. The company's product offerings include screws and bolts, nuts, fasteners, washers, seals, tooling, and driver bits among others. Its geographical segments include the UK and Ireland, Europe, North America, and Asia. It derives a majority of its revenue from the Europe segment, which represents the revenue generated from its business in Sweden, Hungary, Holland, Italy, Germany, and Spain.
52GF 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.

£0.77
Price
£0.69
GF Value