MGLLF (Magellan Financial Group) Scaled Net Operating Assets: 0.78 (As of Dec. 2025)


MGLLF Magellan Financial Group Ltd MGLLF
56 GF Score
Price $6.42
GF Value $4.13
! 2 Warning Signs
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What is Magellan Financial Group Scaled Net Operating Assets?

Magellan Financial Group MGLLF +4.39% 56 Scaled Net Operating Assets is 0.78 as of Dec. 2025. GuruFocus rates MGLLF with a GF Score™ of 56/100 and a GF Value™ of $4.13. The stock has 2 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.

Magellan Financial Group's operating assets for the quarter that ended in Dec. 2025 was $597.1 Mil. Magellan Financial Group's operating liabilities for the quarter that ended in Dec. 2025 was $40.6 Mil. Magellan Financial Group's Total Assets for the quarter that ended in Jun. 2025 was $712.1 Mil. Therefore, Magellan Financial Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.78.

MGLLF
56GF Score
Magellan Financial Group Ltd MGLLF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Magellan Financial 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.

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

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(602.362-55.595)/723.27
=0.76

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=712.081 - 109.719
=602.362

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=58.921 - 1.316 - 2.01
=55.595

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

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(597.129-40.591)/712.081
=0.78

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=676.367 - 79.238
=597.129

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=42.991 - 0.299 - 2.101
=40.591

* 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 0.78 mean?
Magellan Financial Group (MGLLF) has a Scaled Net Operating Assets of 0.78 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Magellan Financial Group and its competitors.
Is Magellan Financial Group's Scaled Net Operating Assets too high?
Magellan Financial Group's current Scaled Net Operating Assets is 0.78. Overall, Magellan Financial Group has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Magellan Financial Group's Scaled Net Operating Assets compare to BLK and BX?
Magellan Financial Group's Scaled Net Operating Assets of 0.78 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 Magellan Financial Group and its competitors. Magellan Financial Group's current Scaled Net Operating Assets is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magellan Financial Group stock overvalued right now?
Magellan Financial Group (MGLLF) has a current Scaled Net Operating Assets of 0.78. The stock's GF Value™ is $4.13, compared to a current price of $6.42 — trading 55.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.78. Magellan Financial Group's overall GF Score™ is 56/100 with 2 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 Magellan Financial Group (MGLLF), the current Scaled Net Operating Assets is 0.78 as of Dec. 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 Magellan Financial Group (MGLLF) Overvalued in 2026?

Based on GuruFocus' analysis, Magellan Financial Group stock appears to be overvalued. The current stock price of $6.42 is trading 55.4% above its estimated GF Value™ of $4.13.

Key valuation signals for MGLLF:

  • Scaled Net Operating Assets: 0.78
  • GF Value™: $4.13 vs. price of $6.42 (55.4% above fair value)
  • GF Score™: 56/100 with 2 warning signs

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

Magellan Financial Group Business Description

Other Exchanges MFG:Australia
Address 25 Martin Place, Level 36, Sydney, NSW, AUS, 2000
Magellan Financial Group was established in 2006 as an active asset manager, before merging with Barrenjoey in 2026 to add investment banking to its offering. The heritage asset management business specializes in global, infrastructure, and Australian equities for domestic retail and institutional investors. More recently, the firm has partnered with external asset managers to distribute funds in areas outside its own investment expertise. Barrenjoey, meanwhile, operates across advisory, capital markets, research and execution, and private capital, holding market-leading positions across several business lines relative to domestic rivals.
56GF 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.

$6.42
Price
$4.13
GF Value