MOH (Molina Healthcare) Scaled Net Operating Assets: -0.08 (As of Mar. 2026)


MOH Molina Healthcare Inc MOH
79 GF Score
Price $229.87
GF Value $405.36
Valuation Significantly Undervalued
! 8 Warning Signs
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What is Molina Healthcare Scaled Net Operating Assets?

Molina Healthcare MOH -1.15% 79 Scaled Net Operating Assets is -0.08 as of Mar. 2026. GuruFocus rates MOH with a GF Score™ of 79/100 and a GF Value™ of $405.36 (Significantly Undervalued). The stock has 8 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.

Molina Healthcare's operating assets for the quarter that ended in Mar. 2026 was $7,140 Mil. Molina Healthcare's operating liabilities for the quarter that ended in Mar. 2026 was $8,364 Mil. Molina Healthcare's Total Assets for the quarter that ended in Dec. 2025 was $15,564 Mil. Therefore, Molina Healthcare's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.08.


Molina Healthcare Scaled Net Operating Assets Historical Data

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The historical data trend for Molina Healthcare'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.

Molina Healthcare Scaled Net Operating Assets Chart

Molina Healthcare 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 -0.28 -0.18 -0.20 -0.09 -0.02

Molina Healthcare 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 -0.08 -0.04 -0.03 -0.02 -0.08

MOH vs OSCR, ALHC, CLOV: Scaled Net Operating Assets Comparison

For the Healthcare Plans subindustry, Molina Healthcare'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.


Molina Healthcare Scaled Net Operating Assets vs Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Molina Healthcare's Scaled Net Operating Assets distribution charts can be found below:

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


MOH
79GF Score
Molina Healthcare Inc MOH
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Molina Healthcare 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.

Molina Healthcare'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 )
=(7308-7545)/15630
=-0.02

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15564 - 8256
=7308

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11495 - 3950 - 0
=7545

Molina Healthcare'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 )
=(7140-8364)/15564
=-0.08

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16391 - 9251
=7140

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12311 - 3947 - 0
=8364

* 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 -0.08 mean?
Molina Healthcare (MOH) has a Scaled Net Operating Assets of -0.08 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 Molina Healthcare and its competitors.
Is Molina Healthcare's Scaled Net Operating Assets too high?
Molina Healthcare's current Scaled Net Operating Assets is -0.08. Overall, Molina Healthcare has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Molina Healthcare's Scaled Net Operating Assets compare to OSCR and ALHC?
Molina Healthcare's Scaled Net Operating Assets of -0.08 can be compared against companies in the Healthcare Plans 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 Healthcare Plans company?
A good Scaled Net Operating Assets depends on the Healthcare Plans 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 Molina Healthcare and its competitors. Molina Healthcare's current Scaled Net Operating Assets is -0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Molina Healthcare stock overvalued right now?
Based on GuruFocus' analysis, Molina Healthcare (MOH) is currently considered Significantly Undervalued. The stock's GF Value™ is $405.36, compared to a current price of $229.87 — trading 43.3% below its estimated fair value. The current Scaled Net Operating Assets is -0.08. Molina Healthcare's overall GF Score™ is 79/100 with 8 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 Molina Healthcare (MOH), the current Scaled Net Operating Assets is -0.08 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 Molina Healthcare (MOH) Overvalued in 2026?

Based on GuruFocus' analysis, Molina Healthcare stock appears to be undervalued. The current stock price of $229.87 is trading 43.3% below its estimated GF Value™ of $405.36. GuruFocus considers Molina Healthcare to be Significantly Undervalued.

Key valuation signals for MOH:

  • Scaled Net Operating Assets: -0.08
  • GF Value™: $405.36 vs. price of $229.87 (43.3% below fair value)
  • GF Score™: 79/100 with 8 warning signs

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


Molina Healthcare Business Description

Other Exchanges 1MOH:ItalyMHG:Germany
Address 200 Oceangate, Suite 100, Long Beach, CA, USA, 90802
Molina Healthcare Inc provides medical insurance plans through Medicaid, the individual exchanges, and Medicare. The company operates in four reportable segments consisting of: 1) Medicaid; 2) Medicare; 3) Marketplace; and 4) Other. It manages health benefit risks for more than 5 million people, with more than 85% of those members coming through contracts with state governments for their Medicaid programs. Medicaid contracts in four states-California, New York, Texas, and Washington-account for over half of its enrollees.
79GF Score

Get the complete analysis for MOH

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

$229.87
Price
$405.36
GF Value