Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
MeiraGTx Holdings's operating assets for the quarter that ended in Mar. 2026 was $173.11 Mil. MeiraGTx Holdings's operating liabilities for the quarter that ended in Mar. 2026 was $215.25 Mil. MeiraGTx Holdings's Total Assets for the quarter that ended in Dec. 2025 was $244.43 Mil. Therefore, MeiraGTx Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.17.
MeiraGTx Holdings Scaled Net Operating Assets Related Terms
MeiraGTx Holdings Scaled Net Operating Assets Historical Data
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The historical data trend for MeiraGTx Holdings'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.
MeiraGTx Holdings Scaled Net Operating Assets Chart
MGTX vs XNCR, WVE, CGEM: Scaled Net Operating Assets Comparison
For the Biotechnology subindustry, MeiraGTx Holdings'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.
MeiraGTx Holdings Scaled Net Operating Assets vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, MeiraGTx Holdings's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where MeiraGTx Holdings's Scaled Net Operating Assets falls into.
* 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 -0.17 mean?
MeiraGTx Holdings (MGTX) has a Scaled Net Operating Assets of -0.17 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 MeiraGTx Holdings and its competitors.
Is MeiraGTx Holdings' Scaled Net Operating Assets too high?
MeiraGTx Holdings' current Scaled Net Operating Assets is -0.17. Overall, MeiraGTx Holdings has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MeiraGTx Holdings' Scaled Net Operating Assets compare to XNCR and WVE?
MeiraGTx Holdings' Scaled Net Operating Assets of -0.17 can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Scaled Net Operating Assets depends on the Biotechnology 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 MeiraGTx Holdings and its competitors. MeiraGTx Holdings's current Scaled Net Operating Assets is -0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MeiraGTx Holdings stock overvalued right now?
Based on GuruFocus' analysis, MeiraGTx Holdings (MGTX) is currently considered Possible Value Trap. The stock's GF Value™ is $23.78, compared to a current price of $13.39 — trading 43.7% below its estimated fair value. The current Scaled Net Operating Assets is -0.17. MeiraGTx Holdings' overall GF Score™ is 55/100 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 MeiraGTx Holdings (MGTX), the current Scaled Net Operating Assets is -0.17 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 MeiraGTx Holdings (MGTX) Overvalued in 2026?
Based on GuruFocus' analysis, MeiraGTx Holdings stock appears to be undervalued.
The current stock price of $13.39 is trading 43.7% below its estimated GF Value™ of $23.78.
GuruFocus considers MeiraGTx Holdings to be Possible Value Trap.
Key valuation signals for MGTX:
Scaled Net Operating Assets: -0.17
GF Value™: $23.78 vs. price of $13.39 (43.7% below fair value)
No single metric tells the full story. See the MGTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MeiraGTx Holdings PLC is a vertically integrated, clinical-stage genetic medicines company focused on developing targeted therapies for diseases with high unmet need, including radiation-induced xerostomia, Parkinson's disease, and AIPL1-associated retinal dystrophy. The company's pipeline is supported by end-to-end in-house manufacturing capabilities, including GMP viral vector production, plasmid manufacturing, and quality control, enabling development from IND to commercial supply. It also utilizes proprietary platforms in viral vector optimization and riboswitch-based gene regulation to enhance efficacy and reduce dosage. The company operates in the United States, the United Kingdom, and the European Union.
55GF Score
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