PLGO (Pelagos Insurance Capital) Scaled Net Operating Assets: -0.05 (As of Mar. 2026)


PLGO Pelagos Insurance Capital Ltd PLGO
82 GF Score
Price $24.74
GF Value $21.01
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Pelagos Insurance Capital Scaled Net Operating Assets?

Pelagos Insurance Capital PLGO +4.08% 82 Scaled Net Operating Assets is -0.05 as of Mar. 2026. GuruFocus rates PLGO with a GF Score™ of 82/100 and a GF Value™ of $21.01 (Modestly Overvalued). The stock has 5 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.

Pelagos Insurance Capital's operating assets for the quarter that ended in Mar. 2026 was $9,986 Mil. Pelagos Insurance Capital's operating liabilities for the quarter that ended in Mar. 2026 was $10,614 Mil. Pelagos Insurance Capital's Total Assets for the quarter that ended in Dec. 2025 was $12,444 Mil. Therefore, Pelagos Insurance Capital's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.05.

PLGO
82GF Score
Pelagos Insurance Capital Ltd PLGO
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Pelagos Insurance Capital 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.

Pelagos Insurance Capital'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 )
=(11570.8-9201)/11765.9
=0.20

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=12443.8 - 873
=11570.8

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10044.2 - 843.2 - 0
=9201

Pelagos Insurance Capital'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 )
=(9985.5-10613.7)/12443.8
=-0.05

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=13711.1 - 3725.6
=9985.5

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11457.2 - 843.5 - 0
=10613.7

* 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?
Pelagos Insurance Capital (PLGO) 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 Pelagos Insurance Capital and its competitors.
Is Pelagos Insurance Capital's Scaled Net Operating Assets too high?
Pelagos Insurance Capital's current Scaled Net Operating Assets is -0.05. Overall, Pelagos Insurance Capital has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pelagos Insurance Capital's Scaled Net Operating Assets compare to XZO and IGIC?
Pelagos Insurance Capital'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 Pelagos Insurance Capital and its competitors. Pelagos Insurance Capital'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 Pelagos Insurance Capital stock overvalued right now?
Based on GuruFocus' analysis, Pelagos Insurance Capital (PLGO) is currently considered Modestly Overvalued. The stock's GF Value™ is $21.01, compared to a current price of $24.74 — trading 17.8% above its estimated fair value. The current Scaled Net Operating Assets is -0.05. Pelagos Insurance Capital's overall GF Score™ is 82/100 with 5 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 Pelagos Insurance Capital (PLGO), 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 Pelagos Insurance Capital (PLGO) Overvalued in 2026?

Based on GuruFocus' analysis, Pelagos Insurance Capital stock appears to be overvalued. The current stock price of $24.74 is trading 17.8% above its estimated GF Value™ of $21.01. GuruFocus considers Pelagos Insurance Capital to be Modestly Overvalued.

Key valuation signals for PLGO:

  • Scaled Net Operating Assets: -0.05
  • GF Value™: $21.01 vs. price of $24.74 (17.8% above fair value)
  • GF Score™: 82/100 with 5 warning signs

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

Pelagos Insurance Capital Business Description

Other Exchanges U0K:Germany
Address 90 Pitts Bay Road, 4th Floor, Wellesley House South, Pembroke, BMU, HM08
Pelagos Insurance Capital Ltd operates in the specialty insurance and reinsurance sector. Its activities include capital allocation, risk selection, and the deployment of capital through underwriting partnerships across insurance and reinsurance markets. The company manages a diversified portfolio and works with underwriting partners to provide insurance and reinsurance solutions to clients and brokers.
82GF 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.

$24.74
Price
$21.01
GF Value