Custodian Investment (NSA:CUSTODIAN) Scaled Net Operating Assets: -0.05 (As of Mar. 2026)


NSA:CUSTODIAN Custodian Investment PLC NSA:CUSTODIAN
70 GF Score
Price ₦65.90
GF Value ₦29.25
Valuation Significantly Overvalued
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What is Custodian Investment Scaled Net Operating Assets?

Custodian Investment NSA:CUSTODIAN 70 Scaled Net Operating Assets is -0.05 as of Mar. 2026. GuruFocus rates NSA:CUSTODIAN with a GF Score™ of 70/100 and a GF Value™ of ₦29.25 (Significantly Overvalued).

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

Custodian Investment's operating assets for the quarter that ended in Mar. 2026 was ₦664,566 Mil. Custodian Investment's operating liabilities for the quarter that ended in Mar. 2026 was ₦719,863 Mil. Custodian Investment's Total Assets for the quarter that ended in Dec. 2025 was ₦1,064,733 Mil. Therefore, Custodian Investment's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.05.

NSA:CUSTODIAN
70GF Score
Custodian Investment PLC NSA:CUSTODIAN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Custodian Investment 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.

Custodian Investment'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 )
=(890550.227-660563.889)/416238.549
=0.55

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1064733.159 - 174182.932
=890550.227

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=846186.999 - 142957.179 - 42665.931
=660563.889

Custodian Investment'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 )
=(664565.523-719862.518)/1064733.159
=-0.05

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1108570.246 - 444004.723
=664565.523

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=856704.65 - 9635.362 - 127206.77
=719862.518

* 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 -0.05 mean?
Custodian Investment (NSA:CUSTODIAN) has a Scaled Net Operating Assets of -0.05 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 Custodian Investment and its competitors.
Is Custodian Investment's Scaled Net Operating Assets too high?
Custodian Investment's current Scaled Net Operating Assets is -0.05. Overall, Custodian Investment has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Custodian Investment's Scaled Net Operating Assets compare to BRK.A and AIG?
Custodian Investment's Scaled Net Operating Assets of -0.05 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 Custodian Investment and its competitors. Custodian Investment's current Scaled Net Operating Assets is -0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Custodian Investment stock overvalued right now?
Based on GuruFocus' analysis, Custodian Investment (NSA:CUSTODIAN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦29.25, compared to a current price of ₦65.90 — trading 125.3% above its estimated fair value. The current Scaled Net Operating Assets is -0.05. Custodian Investment's overall GF Score™ is 70/100. 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 Custodian Investment (NSA:CUSTODIAN), the current Scaled Net Operating Assets is -0.05 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 Custodian Investment (NSA:CUSTODIAN) Overvalued in 2026?

Based on GuruFocus' analysis, Custodian Investment stock appears to be overvalued. The current stock price of ₦65.90 is trading 125.3% above its estimated GF Value™ of ₦29.25. GuruFocus considers Custodian Investment to be Significantly Overvalued.

Key valuation signals for NSA:CUSTODIAN:

  • Scaled Net Operating Assets: -0.05
  • GF Value™: ₦29.25 vs. price of ₦65.90 (125.3% above fair value)
  • GF Score™: 70/100

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

Custodian Investment Business Description

Address 16A, Commercial Avenue, Custodian House, P.O. Box 2101, Sabo, Yaba, Lagos, NGA
Custodian Investment PLC is an investment holding company having interests in Life Insurance, General Insurance, Pensions, Trustees, Property and Financial Services Business. Its segments include Property/Casualty Insurance, Life Insurance, Pension Asset Management, Trusteeship/Company Secretary Services, Hospitality, Asset Management, and Property development and management. The majority of the revenue is derived from Property development and management segment.
70GF Score

Get the complete analysis for NSA:CUSTODIAN

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

₦65.90
Price
₦29.25
GF Value