New Fortress Energy (MEX:NFE) Scaled Net Operating Assets: 0.80 (As of Mar. 2026)


MEX:NFE New Fortress Energy Inc MEX:NFE
23 GF Score
Price MXN12.50
GF Value MXN148.62
Valuation Possible Value Trap
! 10 Warning Signs
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What is New Fortress Energy Scaled Net Operating Assets?

New Fortress Energy MEX:NFE 23 Scaled Net Operating Assets is 0.80 as of Mar. 2026. GuruFocus rates MEX:NFE with a GF Score™ of 23/100 and a GF Value™ of MXN148.62 (Possible Value Trap). The stock has 10 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.

New Fortress Energy's operating assets for the quarter that ended in Mar. 2026 was MXN185,772 Mil. New Fortress Energy's operating liabilities for the quarter that ended in Mar. 2026 was MXN33,820 Mil. New Fortress Energy's Total Assets for the quarter that ended in Dec. 2025 was MXN190,061 Mil. Therefore, New Fortress Energy's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.80.


New Fortress Energy Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for New Fortress Energy'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.

New Fortress Energy Scaled Net Operating Assets Chart

New Fortress Energy 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 3.21 0.78 1.02 1.29 0.58

New Fortress Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.84 0.72 0.84 0.71 0.80

MEX:NFE vs TORO, DLNG, MMLP: Scaled Net Operating Assets Comparison

For the Oil & Gas Midstream subindustry, New Fortress Energy'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.


New Fortress Energy Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, New Fortress Energy's Scaled Net Operating Assets distribution charts can be found below:

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


MEX:NFE
23GF Score
New Fortress Energy Inc MEX:NFE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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New Fortress Energy 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.

New Fortress Energy'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 )
=(185983.936-30177.499)/269522.903
=0.58

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=190061.381 - 4077.445
=185983.936

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=184486.258 - 25644.816 - 128663.943
=30177.499

New Fortress Energy'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: Dec. 2025 )
=(185771.956-33819.987)/190061.381
=0.80

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=187437.979 - 1666.023
=185771.956

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=188430.427 - 24626.645 - 129983.795
=33819.987

* 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 0.80 mean?
New Fortress Energy (MEX:NFE) has a Scaled Net Operating Assets of 0.80 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 New Fortress Energy and its competitors.
Is New Fortress Energy's Scaled Net Operating Assets too high?
New Fortress Energy's current Scaled Net Operating Assets is 0.80. Overall, New Fortress Energy has a GF Score™ of 23/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Fortress Energy's Scaled Net Operating Assets compare to TORO and DLNG?
New Fortress Energy's Scaled Net Operating Assets of 0.80 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas 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 New Fortress Energy and its competitors. New Fortress Energy's current Scaled Net Operating Assets is 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Fortress Energy stock overvalued right now?
Based on GuruFocus' analysis, New Fortress Energy (MEX:NFE) is currently considered Possible Value Trap. The stock's GF Value™ is MXN148.62, compared to a current price of MXN12.50 — trading 91.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.80. New Fortress Energy's overall GF Score™ is 23/100 with 10 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 New Fortress Energy (MEX:NFE), the current Scaled Net Operating Assets is 0.80 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 New Fortress Energy (MEX:NFE) Overvalued in 2026?

Based on GuruFocus' analysis, New Fortress Energy stock appears to be undervalued. The current stock price of MXN12.50 is trading 91.6% below its estimated GF Value™ of MXN148.62. GuruFocus considers New Fortress Energy to be Possible Value Trap.

Key valuation signals for MEX:NFE:

  • Scaled Net Operating Assets: 0.80
  • GF Value™: MXN148.62 vs. price of MXN12.50 (91.6% below fair value)
  • GF Score™: 23/100 with 10 warning signs

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


New Fortress Energy Business Description

Industry EnergyOil & Gas
Other Exchanges NFE:USANF0:Germany
Address 111 W. 19th Street, 8th Floor, New York, NY, USA, 10011
New Fortress Energy Inc is an integrated gas-to-power company. It owns and operates natural gas and liquefied natural gas (LNG) infrastructure, and an integrated fleet of ships and logistics assets to deliver turnkey energy solutions to markets globally. The company's reportable segments are: Terminals and Infrastructure, and Ships. Maximum revenue is generated from the Terminals and Infrastructure segment, which includes vertically integrated gas-to-power solutions, spanning the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, facilities, and conversion or development of natural gas-fired power generation. Vessels that are utilized in the company's terminal, logistics, or sub-charter operations are included in this segment.
23GF Score

Get the complete analysis for MEX:NFE

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN12.50
Price
MXN148.62
GF Value