QNTQF (QinetiQ Group) Scaled Net Operating Assets: 0.42 (As of Mar. 2026)


QNTQF QinetiQ Group PLC QNTQF
86 GF Score
Price $5.65
GF Value $5.89
Valuation Fairly Valued
! 4 Warning Signs
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What is QinetiQ Group Scaled Net Operating Assets?

QinetiQ Group QNTQF 86 Scaled Net Operating Assets is 0.42 as of Mar. 2026. GuruFocus rates QNTQF with a GF Score™ of 86/100 and a GF Value™ of $5.89 (Fairly Valued). The stock has 4 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.

QinetiQ Group's operating assets for the quarter that ended in Mar. 2026 was $1,972 Mil. QinetiQ Group's operating liabilities for the quarter that ended in Mar. 2026 was $1,017 Mil. QinetiQ Group's Total Assets for the quarter that ended in Sep. 2025 was $2,283 Mil. Therefore, QinetiQ Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.42.


QinetiQ Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for QinetiQ 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.

QinetiQ Group Scaled Net Operating Assets Chart

QinetiQ 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 0.52 0.62 0.55 0.37 0.40

QinetiQ 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 0.55 0.36 0.37 0.19 0.42

QNTQF vs SPCX, GE, RTX: Scaled Net Operating Assets Comparison

For the Aerospace & Defense subindustry, QinetiQ 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.


QinetiQ Group Scaled Net Operating Assets vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, QinetiQ Group's Scaled Net Operating Assets distribution charts can be found below:

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


QNTQF
86GF Score
QinetiQ Group PLC QNTQF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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QinetiQ 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.

QinetiQ 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 )
=(1972.267-1016.933)/2362.274
=0.40

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2317.867 - 345.6
=1972.267

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1580.533 - 547.067 - 16.533
=1016.933

QinetiQ 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 )
=(1972.267-1016.933)/2282.838
=0.42

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2317.867 - 345.6
=1972.267

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1580.533 - 547.067 - 16.533
=1016.933

* 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 0.42 mean?
QinetiQ Group (QNTQF) has a Scaled Net Operating Assets of 0.42 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 QinetiQ Group and its competitors.
Is QinetiQ Group's Scaled Net Operating Assets too high?
QinetiQ Group's current Scaled Net Operating Assets is 0.42. Overall, QinetiQ Group has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does QinetiQ Group's Scaled Net Operating Assets compare to SPCX and GE?
QinetiQ Group's Scaled Net Operating Assets of 0.42 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Scaled Net Operating Assets depends on the Aerospace & Defense 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 QinetiQ Group and its competitors. QinetiQ Group's current Scaled Net Operating Assets is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QinetiQ Group stock overvalued right now?
Based on GuruFocus' analysis, QinetiQ Group (QNTQF) is currently considered Fairly Valued. The stock's GF Value™ is $5.89, compared to a current price of $5.65 — trading 4.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.42. QinetiQ Group's overall GF Score™ is 86/100 with 4 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 QinetiQ Group (QNTQF), the current Scaled Net Operating Assets is 0.42 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 QinetiQ Group (QNTQF) Overvalued in 2026?

Based on GuruFocus' analysis, QinetiQ Group stock appears to be undervalued. The current stock price of $5.65 is trading 4.1% below its estimated GF Value™ of $5.89. GuruFocus considers QinetiQ Group to be Fairly Valued.

Key valuation signals for QNTQF:

  • Scaled Net Operating Assets: 0.42
  • GF Value™: $5.89 vs. price of $5.65 (4.1% below fair value)
  • GF Score™: 86/100 with 4 warning signs

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


QinetiQ Group Business Description

Address Ively Road, Cody Technology Park, Farnborough, Hampshire, GBR, GU14 0LX
QinetiQ Group PLC is a company operating in the aerospace, defense, and security sectors. Its operating segments are EMEA Services, and Global Solutions. It generates majority of revenue from EMES Services. EMEA Services provides technical assurance, test and evaluation and training services, underpinned by long-term contracts. EMEA Services comprises business units which are not considered reportable segments as defined UK Defence, UK Intelligence and the Australia sector. Global Solutions combines all other business units not aggregated within EMEA Services. It has presence in United Kingdom (UK), United States of America (US), Australia, Home countries, Europe, and Rest of world of which majority of revenue comes from Home countries.
86GF Score

Get the complete analysis for QNTQF

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

$5.65
Price
$5.89
GF Value