Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Mesa Royalty Trust's operating assets for the quarter that ended in Mar. 2026 was $1.21 Mil. Mesa Royalty Trust's operating liabilities for the quarter that ended in Mar. 2026 was $0.18 Mil. Mesa Royalty Trust's Total Assets for the quarter that ended in Dec. 2025 was $3.29 Mil. Therefore, Mesa Royalty Trust's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.31.
Mesa Royalty Trust Scaled Net Operating Assets Related Terms
Mesa Royalty Trust Scaled Net Operating Assets Historical Data
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The historical data trend for Mesa Royalty Trust'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.
Mesa Royalty Trust Scaled Net Operating Assets Chart
MTR vs HGTXU, OKMN, ROYL: Scaled Net Operating Assets Comparison
For the Oil & Gas E&P subindustry, Mesa Royalty Trust'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.
Mesa Royalty Trust Scaled Net Operating Assets vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Mesa Royalty Trust's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Mesa Royalty Trust'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 0.31 mean?
Mesa Royalty Trust (MTR) has a Scaled Net Operating Assets of 0.31 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 Mesa Royalty Trust and its competitors.
Is Mesa Royalty Trust's Scaled Net Operating Assets too high?
Mesa Royalty Trust's current Scaled Net Operating Assets is 0.31. Overall, Mesa Royalty Trust has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mesa Royalty Trust's Scaled Net Operating Assets compare to HGTXU and OKMN?
Mesa Royalty Trust's Scaled Net Operating Assets of 0.31 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas 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 Mesa Royalty Trust and its competitors. Mesa Royalty Trust's current Scaled Net Operating Assets is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mesa Royalty Trust stock overvalued right now?
Based on GuruFocus' analysis, Mesa Royalty Trust (MTR) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.67, compared to a current price of $3.19 — trading 13.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.31. Mesa Royalty Trust's overall GF Score™ is 69/100 with 3 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 Mesa Royalty Trust (MTR), the current Scaled Net Operating Assets is 0.31 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 Mesa Royalty Trust (MTR) Overvalued in 2026?
Based on GuruFocus' analysis, Mesa Royalty Trust stock appears to be undervalued.
The current stock price of $3.19 is trading 13.1% below its estimated GF Value™ of $3.67.
GuruFocus considers Mesa Royalty Trust to be Modestly Undervalued.
Key valuation signals for MTR:
Scaled Net Operating Assets: 0.31
GF Value™: $3.67 vs. price of $3.19 (13.1% below fair value)
No single metric tells the full story. See the MTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mesa Royalty Trust holds net overriding royalty interests in various oil and gas properties located in the: Hugoton field of Kansas, San Juan Basin field of New Mexico, and San Juan Basin Field of Colorado.
69GF Score
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