OMEX (Odyssey Marine Exploration) Scaled Net Operating Assets: -4.30 (As of Mar. 2026)


OMEX Odyssey Marine Exploration Inc OMEX
14 GF Score
Price $0.91
GF Value $0.36
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Odyssey Marine Exploration Scaled Net Operating Assets?

Odyssey Marine Exploration OMEX +7.12% 14 Scaled Net Operating Assets is -4.30 as of Mar. 2026. GuruFocus rates OMEX with a GF Score™ of 14/100 and a GF Value™ of $0.36 (Significantly Overvalued). 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.

Odyssey Marine Exploration's operating assets for the quarter that ended in Mar. 2026 was $11.27 Mil. Odyssey Marine Exploration's operating liabilities for the quarter that ended in Mar. 2026 was $79.35 Mil. Odyssey Marine Exploration's Total Assets for the quarter that ended in Dec. 2025 was $15.84 Mil. Therefore, Odyssey Marine Exploration's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -4.30.


Odyssey Marine Exploration Scaled Net Operating Assets Historical Data

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The historical data trend for Odyssey Marine Exploration'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.

Odyssey Marine Exploration Scaled Net Operating Assets Chart

Odyssey Marine Exploration 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 -1.91 -7.57 -4.79 -2.68 -4.01

Odyssey Marine Exploration 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 -3.14 -4.37 -4.75 -4.18 -4.30

OMEX vs FNUC, WWR, RNGE: Scaled Net Operating Assets Comparison

For the Other Industrial Metals & Mining subindustry, Odyssey Marine Exploration'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.


Odyssey Marine Exploration Scaled Net Operating Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Odyssey Marine Exploration's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Odyssey Marine Exploration's Scaled Net Operating Assets falls into.


OMEX
14GF Score
Odyssey Marine Exploration Inc OMEX
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Odyssey Marine Exploration 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.

Odyssey Marine Exploration'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 )
=(12.324-86.39)/18.492
=-4.01

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15.84 - 3.516
=12.324

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=91.385 - 3.933 - 1.062
=86.39

Odyssey Marine Exploration'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 )
=(11.273-79.354)/15.84
=-4.30

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13.377 - 2.104
=11.273

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=84.224 - 3.962 - 0.908
=79.354

* 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 -4.30 mean?
Odyssey Marine Exploration (OMEX) has a Scaled Net Operating Assets of -4.30 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 Odyssey Marine Exploration and its competitors.
Is Odyssey Marine Exploration's Scaled Net Operating Assets too high?
Odyssey Marine Exploration's current Scaled Net Operating Assets is -4.30. Overall, Odyssey Marine Exploration has a GF Score™ of 14/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Odyssey Marine Exploration's Scaled Net Operating Assets compare to FNUC and WWR?
Odyssey Marine Exploration's Scaled Net Operating Assets of -4.30 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining 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 Odyssey Marine Exploration and its competitors. Odyssey Marine Exploration's current Scaled Net Operating Assets is -4.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odyssey Marine Exploration stock overvalued right now?
Based on GuruFocus' analysis, Odyssey Marine Exploration (OMEX) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.36, compared to a current price of $0.91 — trading 154.1% above its estimated fair value. The current Scaled Net Operating Assets is -4.30. Odyssey Marine Exploration's overall GF Score™ is 14/100 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 Odyssey Marine Exploration (OMEX), the current Scaled Net Operating Assets is -4.30 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 Odyssey Marine Exploration (OMEX) Overvalued in 2026?

Based on GuruFocus' analysis, Odyssey Marine Exploration stock appears to be overvalued. The current stock price of $0.91 is trading 154.1% above its estimated GF Value™ of $0.36. GuruFocus considers Odyssey Marine Exploration to be Significantly Overvalued.

Key valuation signals for OMEX:

  • Scaled Net Operating Assets: -4.30
  • GF Value™: $0.36 vs. price of $0.91 (154.1% above fair value)
  • GF Score™: 14/100 with 6 warning signs

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


Odyssey Marine Exploration Business Description

Other Exchanges OYM1:Germany
Address 205 S. Hoover Boulevard, Suite 210, Tampa, FL, USA, 33609
Odyssey Marine Exploration Inc is a deep-ocean exploration company. It discovers, validates, and develops high-value seafloor mineral resources and provides specialized mineral exploration, project development, and marine services to its clients. The company's subsea project portfolio contains multiple projects in various stages of development, such as the Phosagmex Project, a rich deposit of phosphate sands located seventy-ninety meters deep within the Mexican EEZ; two polymetallic nodule exploration license holders in the Cook Islands' EEZ; the Lihir Gold Project, a subsea area that contains several prospective gold exploration targets located in the Papua New Guinea Exclusive Economic Zone (EEZ); and others.
14GF Score

Get the complete analysis for OMEX

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

$0.91
Price
$0.36
GF Value