Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Polar Capital Holdings's operating assets for the quarter that ended in Sep. 2025 was $48.0 Mil. Polar Capital Holdings's operating liabilities for the quarter that ended in Sep. 2025 was $95.6 Mil. Polar Capital Holdings's Total Assets for the quarter that ended in Mar. 2025 was $284.4 Mil. Therefore, Polar Capital Holdings's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2025 was -0.17.
Polar Capital Holdings Scaled Net Operating Assets Related Terms
Polar Capital Holdings Scaled Net Operating Assets Historical Data
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The historical data trend for Polar Capital Holdings'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.
Polar Capital Holdings Scaled Net Operating Assets Chart
PLRRF vs BLK, BX, KKR: Scaled Net Operating Assets Comparison
For the Asset Management subindustry, Polar Capital Holdings'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.
Polar Capital Holdings Scaled Net Operating Assets vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Polar Capital Holdings's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Polar Capital Holdings's Scaled Net Operating Assets falls into.
* 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 -0.17 mean?
Polar Capital Holdings (PLRRF) has a Scaled Net Operating Assets of -0.17 as of Sep. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Polar Capital Holdings and its competitors.
Is Polar Capital Holdings' Scaled Net Operating Assets too high?
Polar Capital Holdings' current Scaled Net Operating Assets is -0.17. Overall, Polar Capital Holdings has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polar Capital Holdings' Scaled Net Operating Assets compare to BLK and BX?
Polar Capital Holdings' Scaled Net Operating Assets of -0.17 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Polar Capital Holdings and its competitors. Polar Capital Holdings's current Scaled Net Operating Assets is -0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polar Capital Holdings stock overvalued right now?
Based on GuruFocus' analysis, Polar Capital Holdings (PLRRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.01, compared to a current price of $10.76 — trading 34.3% above its estimated fair value. The current Scaled Net Operating Assets is -0.17. Polar Capital Holdings' overall GF Score™ is 80/100 with 8 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 Polar Capital Holdings (PLRRF), the current Scaled Net Operating Assets is -0.17 as of Sep. 2025. 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 Polar Capital Holdings (PLRRF) Overvalued in 2026?
Based on GuruFocus' analysis, Polar Capital Holdings stock appears to be overvalued.
The current stock price of $10.76 is trading 34.3% above its estimated GF Value™ of $8.01.
GuruFocus considers Polar Capital Holdings to be Significantly Overvalued.
Key valuation signals for PLRRF:
Scaled Net Operating Assets: -0.17
GF Value™: $8.01 vs. price of $10.76 (34.3% above fair value)
No single metric tells the full story. See the PLRRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polar Capital Holdings PLC is a specialist investment management company. It offers professional and institutional investors a range of geographical and sector funds. The company has long-only and absolute return funds in its product range. The company offers fundamental funds that are diversified by asset class, geography, sector, and structure. The company has one operating segment, which is investment management. It operates in the United Kingdom, Ireland, Cayman Islands, Rest of Europe, United States of America, and Rest of the world. The group's revenue-generating operations are in London and Zurich.
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