Arch Capital Group (MIL:1ACGL) Scaled Net Operating Assets: 0.19 (As of Mar. 2026)


MIL:1ACGL Arch Capital Group Ltd MIL:1ACGL
68 GF Score
Price €84.88
GF Value €100.60
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Arch Capital Group Scaled Net Operating Assets?

Arch Capital Group MIL:1ACGL +1.41% 68 Scaled Net Operating Assets is 0.19 as of Mar. 2026. GuruFocus rates MIL:1ACGL with a GF Score™ of 68/100 and a GF Value™ of €100.60 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Arch Capital Group's operating assets for the quarter that ended in Mar. 2026 was €59,919 Mil. Arch Capital Group's operating liabilities for the quarter that ended in Mar. 2026 was €47,168 Mil. Arch Capital Group's Total Assets for the quarter that ended in Dec. 2025 was €67,672 Mil. Therefore, Arch Capital Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.19.

MIL:1ACGL
68GF Score
Arch Capital Group Ltd MIL:1ACGL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Arch Capital 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.

Arch Capital Group'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 )
=(66823.792-44669.324)/67715.23
=0.33

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=67671.814 - 848.022
=66823.792

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=46999.89 - 2330.566 - 0
=44669.324

Arch Capital Group'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 )
=(59919.415-47167.585)/67671.814
=0.19

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=70450.79 - 10531.375
=59919.415

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=49528.17 - 2360.585 - 0
=47167.585

* 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 0.19 mean?
Arch Capital Group (MIL:1ACGL) has a Scaled Net Operating Assets of 0.19 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 Arch Capital Group and its competitors.
Is Arch Capital Group's Scaled Net Operating Assets too high?
Arch Capital Group's current Scaled Net Operating Assets is 0.19. Overall, Arch Capital Group has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Arch Capital Group's Scaled Net Operating Assets compare to HIG and AIG?
Arch Capital Group's Scaled Net Operating Assets of 0.19 can be compared against companies in the Insurance 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 Insurance company?
A good Scaled Net Operating Assets depends on the Insurance 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 Arch Capital Group and its competitors. Arch Capital Group's current Scaled Net Operating Assets is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arch Capital Group stock overvalued right now?
Based on GuruFocus' analysis, Arch Capital Group (MIL:1ACGL) is currently considered Modestly Undervalued. The stock's GF Value™ is €100.60, compared to a current price of €84.88 — trading 15.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.19. Arch Capital Group's overall GF Score™ is 68/100 with 1 warning sign 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 Arch Capital Group (MIL:1ACGL), the current Scaled Net Operating Assets is 0.19 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 Arch Capital Group (MIL:1ACGL) Overvalued in 2026?

Based on GuruFocus' analysis, Arch Capital Group stock appears to be undervalued. The current stock price of €84.88 is trading 15.6% below its estimated GF Value™ of €100.60. GuruFocus considers Arch Capital Group to be Modestly Undervalued.

Key valuation signals for MIL:1ACGL:

  • Scaled Net Operating Assets: 0.19
  • GF Value™: €100.60 vs. price of €84.88 (15.6% below fair value)
  • GF Score™: 68/100 with 1 warning sign

No single metric tells the full story. See the MIL:1ACGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Arch Capital Group Business Description

Address 100 Pitts Bay Road, Waterloo House, Ground Floor, Pembroke, BMU, HM 08
Arch Capital Group Ltd is a Bermuda company that writes insurance and reinsurance with operations in the United States, Canada, Europe, Australia, and the United Kingdom. The business operates through three underwriting segments: insurance, reinsurance, and mortgage. The insurance segment provides specialty risk solutions to clients across various industries. The reinsurance segment provides reinsurance services which cover property catastrophe, property, liability, marine, aviation and space, trade credit and surety, agriculture, accident, life and health, and political risk. The mortgage business provides risk management and risk financing products to the mortgage insurance sectors through platforms in the U.S., Europe and Bermuda.
68GF 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.

€84.88
Price
€100.60
GF Value