ORLA (Orla Mining) Scaled Net Operating Assets: 0.31 (As of Mar. 2026)


ORLA Orla Mining Ltd ORLA
54 GF Score
Price $9.38
GF Value $21.49
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Orla Mining Scaled Net Operating Assets?

Orla Mining ORLA -3.99% 54 Scaled Net Operating Assets is 0.31 as of Mar. 2026. GuruFocus rates ORLA with a GF Score™ of 54/100 and a GF Value™ of $21.49 (Significantly Undervalued). The stock has 1 warning sign investors should review.

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

Orla Mining's operating assets for the quarter that ended in Mar. 2026 was $1,680 Mil. Orla Mining's operating liabilities for the quarter that ended in Mar. 2026 was $1,030 Mil. Orla Mining's Total Assets for the quarter that ended in Dec. 2025 was $2,078 Mil. Therefore, Orla Mining's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.31.


Orla Mining Scaled Net Operating Assets Historical Data

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The historical data trend for Orla Mining'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.

Orla Mining Scaled Net Operating Assets Chart

Orla Mining 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 1.37 1.23 0.64 0.65 1.01

Orla Mining 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 1.14 0.38 0.35 0.31 0.31

ORLA vs NEM, AU: Scaled Net Operating Assets Comparison

For the Gold subindustry, Orla Mining'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.


Orla Mining Scaled Net Operating Assets vs Metals & Mining Industry

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

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


ORLA
54GF Score
Orla Mining Ltd ORLA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Orla Mining 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.

Orla Mining'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 )
=(1657.557-1055.924)/598.349
=1.01

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2078.333 - 420.776
=1657.557

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1422.179 - 342.082 - 24.173
=1055.924

Orla Mining'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 )
=(1680.094-1029.726)/2078.333
=0.31

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2107.443 - 427.349
=1680.094

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1351.015 - 295.207 - 26.082
=1029.726

* 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?
Orla Mining (ORLA) 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 Orla Mining and its competitors.
Is Orla Mining's Scaled Net Operating Assets too high?
Orla Mining's current Scaled Net Operating Assets is 0.31. Overall, Orla Mining has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Orla Mining's Scaled Net Operating Assets compare to NEM and AU?
Orla Mining's Scaled Net Operating Assets of 0.31 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 Orla Mining and its competitors. Orla Mining'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 Orla Mining stock overvalued right now?
Based on GuruFocus' analysis, Orla Mining (ORLA) is currently considered Significantly Undervalued. The stock's GF Value™ is $21.49, compared to a current price of $9.38 — trading 56.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.31. Orla Mining's overall GF Score™ is 54/100 with 1 warning sign 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 Orla Mining (ORLA), 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 Orla Mining (ORLA) Overvalued in 2026?

Based on GuruFocus' analysis, Orla Mining stock appears to be undervalued. The current stock price of $9.38 is trading 56.4% below its estimated GF Value™ of $21.49. GuruFocus considers Orla Mining to be Significantly Undervalued.

Key valuation signals for ORLA:

  • Scaled Net Operating Assets: 0.31
  • GF Value™: $21.49 vs. price of $9.38 (56.4% below fair value)
  • GF Score™: 54/100 with 1 warning sign

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


Orla Mining Business Description

Other Exchanges O8M:GermanyOLA:Canada
Address 666 Burrard Street, Suite 2020, Vancouver, BC, CAN, V6C 2X8
Orla Mining Ltd is a mineral exploration company. It is engaged in the acquisition and exploration of mineral properties. The company holds three gold projects: the Camino Rojo gold and silver project in Zacatecas State, the Musselwhite gold mine project located in Ontario and the South Railroad projects in Nevada, USA, and the Cerro Quema gold project in Panama. It conducts business activities in Mexico, Panama, the United States, and Canada.
54GF 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.

$9.38
Price
$21.49
GF Value