MLSPF (Melrose Industries) Scaled Net Operating Assets: 0.61 (As of Dec. 2025)


MLSPF Melrose Industries PLC MLSPF
69 GF Score
Price $6.18
GF Value $8.74
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Melrose Industries Scaled Net Operating Assets?

Melrose Industries MLSPF -3.02% 69 Scaled Net Operating Assets is 0.61 as of Dec. 2025. GuruFocus rates MLSPF with a GF Score™ of 69/100 and a GF Value™ of $8.74 (Modestly Undervalued). The stock has 6 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.

Melrose Industries's operating assets for the quarter that ended in Dec. 2025 was $9,946 Mil. Melrose Industries's operating liabilities for the quarter that ended in Dec. 2025 was $3,837 Mil. Melrose Industries's Total Assets for the quarter that ended in Jun. 2025 was $9,946 Mil. Therefore, Melrose Industries's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.61.


Melrose Industries Scaled Net Operating Assets Historical Data

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The historical data trend for Melrose Industries'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.

Melrose Industries Scaled Net Operating Assets Chart

Melrose Industries 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 0.52 0.57 0.32 0.62 0.65

Melrose Industries Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.61 0.60 0.61 0.65 0.61

MLSPF vs GEV, ETN, PH: Scaled Net Operating Assets Comparison

For the Specialty Industrial Machinery subindustry, Melrose Industries'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.


Melrose Industries Scaled Net Operating Assets vs Industrial Products Industry

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

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


MLSPF
69GF Score
Melrose Industries PLC MLSPF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Melrose Industries 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.

Melrose Industries'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 )
=(9946.453-3836.679)/9400.759
=0.65

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10168.675 - 222.222
=9946.453

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6384.203 - 2425.703 - 121.821
=3836.679

Melrose Industries'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 )
=(9946.453-3836.679)/9945.726
=0.61

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10168.675 - 222.222
=9946.453

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6384.203 - 2425.703 - 121.821
=3836.679

* 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 0.61 mean?
Melrose Industries (MLSPF) has a Scaled Net Operating Assets of 0.61 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 Melrose Industries and its competitors.
Is Melrose Industries' Scaled Net Operating Assets too high?
Melrose Industries' current Scaled Net Operating Assets is 0.61. Overall, Melrose Industries has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Melrose Industries' Scaled Net Operating Assets compare to GEV and ETN?
Melrose Industries' Scaled Net Operating Assets of 0.61 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 Melrose Industries and its competitors. Melrose Industries's current Scaled Net Operating Assets is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melrose Industries stock overvalued right now?
Based on GuruFocus' analysis, Melrose Industries (MLSPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $8.74, compared to a current price of $6.18 — trading 29.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.61. Melrose Industries' overall GF Score™ is 69/100 with 6 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 Melrose Industries (MLSPF), the current Scaled Net Operating Assets is 0.61 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 Melrose Industries (MLSPF) Overvalued in 2026?

Based on GuruFocus' analysis, Melrose Industries stock appears to be undervalued. The current stock price of $6.18 is trading 29.3% below its estimated GF Value™ of $8.74. GuruFocus considers Melrose Industries to be Modestly Undervalued.

Key valuation signals for MLSPF:

  • Scaled Net Operating Assets: 0.61
  • GF Value™: $8.74 vs. price of $6.18 (29.3% below fair value)
  • GF Score™: 69/100 with 6 warning signs

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


Melrose Industries Business Description

Other Exchanges MROl:UKMRO:UK27M:Germany
Address 5 Stratton Street, Stratton House, 1st Floor, London, GBR, W1J 8LA
Melrose Industries is a UK-based company that manufactures engines and structures products for all major OEMs across civil and defense markets. The company employs 13,032 people and generates approximately 75% of its revenue from the civil market, manufacturing engines and structures for major OEMs in both civil and defense sectors.In the civil market, the company operates in 90% of existing fleets in service and is a demonstrator partner in the GTF and CFM RISE next-generation engines for narrow-body aircraft.
69GF 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.

$6.18
Price
$8.74
GF Value