Accordant Group (NZSE:AGL) Scaled Net Operating Assets: 0.81 (As of Mar. 2026)


NZSE:AGL Accordant Group Ltd NZSE:AGL
33 GF Score
Price NZ$0.15
GF Value NZ$0.38
Valuation Possible Value Trap
! 7 Warning Signs
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What is Accordant Group Scaled Net Operating Assets?

Accordant Group NZSE:AGL 33 Scaled Net Operating Assets is 0.81 as of Mar. 2026. GuruFocus rates NZSE:AGL with a GF Score™ of 33/100 and a GF Value™ of NZ$0.38 (Possible Value Trap). The stock has 7 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.

Accordant Group's operating assets for the quarter that ended in Mar. 2026 was NZ$77.6 Mil. Accordant Group's operating liabilities for the quarter that ended in Mar. 2026 was NZ$18.6 Mil. Accordant Group's Total Assets for the quarter that ended in Sep. 2025 was NZ$72.7 Mil. Therefore, Accordant Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.81.


Accordant Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Accordant Group'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.

Accordant Group Scaled Net Operating Assets Chart

Accordant Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.83 0.51 0.69 0.81

Accordant Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.58 0.68 0.73 0.77 0.81

NZSE:AGL vs KFY, RHI, TNET: Scaled Net Operating Assets Comparison

For the Staffing & Employment Services subindustry, Accordant Group'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.


Accordant Group Scaled Net Operating Assets vs Business Services Industry

For the Business Services industry and Industrials sector, Accordant Group's Scaled Net Operating Assets distribution charts can be found below:

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


NZSE:AGL
33GF Score
Accordant Group Ltd NZSE:AGL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Accordant 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.

Accordant Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(77.645-18.568)/73.183
=0.81

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=77.819 - 0.174
=77.645

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=59.902 - 38.889 - 2.445
=18.568

Accordant 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: Sep. 2025 )
=(77.645-18.568)/72.7
=0.81

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=77.819 - 0.174
=77.645

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=59.902 - 38.889 - 2.445
=18.568

* 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 0.81 mean?
Accordant Group (NZSE:AGL) has a Scaled Net Operating Assets of 0.81 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 Accordant Group and its competitors.
Is Accordant Group's Scaled Net Operating Assets too high?
Accordant Group's current Scaled Net Operating Assets is 0.81. Overall, Accordant Group has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Accordant Group's Scaled Net Operating Assets compare to KFY and RHI?
Accordant Group's Scaled Net Operating Assets of 0.81 can be compared against companies in the Business Services 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 Business Services company?
A good Scaled Net Operating Assets depends on the Business Services 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 Accordant Group and its competitors. Accordant Group's current Scaled Net Operating Assets is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accordant Group stock overvalued right now?
Based on GuruFocus' analysis, Accordant Group (NZSE:AGL) is currently considered Possible Value Trap. The stock's GF Value™ is NZ$0.38, compared to a current price of NZ$0.15 — trading 60.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.81. Accordant Group's overall GF Score™ is 33/100 with 7 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 Accordant Group (NZSE:AGL), the current Scaled Net Operating Assets is 0.81 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 Accordant Group (NZSE:AGL) Overvalued in 2026?

Based on GuruFocus' analysis, Accordant Group stock appears to be undervalued. The current stock price of NZ$0.15 is trading 60.5% below its estimated GF Value™ of NZ$0.38. GuruFocus considers Accordant Group to be Possible Value Trap.

Key valuation signals for NZSE:AGL:

  • Scaled Net Operating Assets: 0.81
  • GF Value™: NZ$0.38 vs. price of NZ$0.15 (60.5% below fair value)
  • GF Score™: 33/100 with 7 warning signs

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


Accordant Group Business Description

Address 51 Shortland Street, Level 6, Auckland, NTL, NZL, 1010
Accordant Group Ltd is a recruitment and staffing provider company. The group has two reportable segments: Blue Collar Reporting Segment and White Collar Reporting Segment. Blue Collar Reporting Segment: AWF operates branches under the brand names AWF (throughout New Zealand)and Select (Dunedin), which provide contingent labour hire associated with infrastructure, logistics, manufacturing, technical, and construction. The Work Collective (TWC)provides opportunities for those who face barriers to employment. White Collar Reporting Segment: The White Collar segment provides contingent temporary employees, contractors, permanent placement, and executive search services.
33GF 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.

NZ$0.15
Price
NZ$0.38
GF Value