RECAF (Reconnaissance Energy Africa) Scaled Net Operating Assets: 1.02 (As of Mar. 2026)


RECAF Reconnaissance Energy Africa Ltd RECAF
28 GF Score
Price $0.75
GF Value $0.17
Valuation Significantly Overvalued
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What is Reconnaissance Energy Africa Scaled Net Operating Assets?

Reconnaissance Energy Africa RECAF -0.01% 28 Scaled Net Operating Assets is 1.02 as of Mar. 2026. GuruFocus rates RECAF with a GF Score™ of 28/100 and a GF Value™ of $0.17 (Significantly Overvalued).

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

Reconnaissance Energy Africa's operating assets for the quarter that ended in Mar. 2026 was $160.06 Mil. Reconnaissance Energy Africa's operating liabilities for the quarter that ended in Mar. 2026 was $3.53 Mil. Reconnaissance Energy Africa's Total Assets for the quarter that ended in Dec. 2025 was $154.12 Mil. Therefore, Reconnaissance Energy Africa's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 1.02.


Reconnaissance Energy Africa Scaled Net Operating Assets Historical Data

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The historical data trend for Reconnaissance Energy Africa'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.

Reconnaissance Energy Africa Scaled Net Operating Assets Chart

Reconnaissance Energy Africa Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Mar24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.32 0.79 0.35 0.71 1.41

Reconnaissance Energy Africa Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 0.92 0.96 0.96 0.94 1.02

RECAF vs COP, EOG, FANG: Scaled Net Operating Assets Comparison

For the Oil & Gas E&P subindustry, Reconnaissance Energy Africa'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.


Reconnaissance Energy Africa Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Reconnaissance Energy Africa's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Reconnaissance Energy Africa's Scaled Net Operating Assets falls into.


RECAF
28GF Score
Reconnaissance Energy Africa Ltd RECAF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Reconnaissance Energy Africa 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.

Reconnaissance Energy Africa'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: Mar. 2024 )
=(151.734-3.382)/105.128
=1.41

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=154.121 - 2.387
=151.734

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.382 - 0 - 0
=3.382

Reconnaissance Energy Africa'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 )
=(160.061-3.532)/154.121
=1.02

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=182.166 - 22.105
=160.061

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.532 - 0 - 0
=3.532

* 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 1.02 mean?
Reconnaissance Energy Africa (RECAF) has a Scaled Net Operating Assets of 1.02 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 Reconnaissance Energy Africa and its competitors.
Is Reconnaissance Energy Africa's Scaled Net Operating Assets too high?
Reconnaissance Energy Africa's current Scaled Net Operating Assets is 1.02. Overall, Reconnaissance Energy Africa has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reconnaissance Energy Africa's Scaled Net Operating Assets compare to COP and EOG?
Reconnaissance Energy Africa's Scaled Net Operating Assets of 1.02 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas 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 Reconnaissance Energy Africa and its competitors. Reconnaissance Energy Africa's current Scaled Net Operating Assets is 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reconnaissance Energy Africa stock overvalued right now?
Based on GuruFocus' analysis, Reconnaissance Energy Africa (RECAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.17, compared to a current price of $0.75 — trading 341.1% above its estimated fair value. The current Scaled Net Operating Assets is 1.02. Reconnaissance Energy Africa's overall GF Score™ is 28/100. 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 Reconnaissance Energy Africa (RECAF), the current Scaled Net Operating Assets is 1.02 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 Reconnaissance Energy Africa (RECAF) Overvalued in 2026?

Based on GuruFocus' analysis, Reconnaissance Energy Africa stock appears to be overvalued. The current stock price of $0.75 is trading 341.1% above its estimated GF Value™ of $0.17. GuruFocus considers Reconnaissance Energy Africa to be Significantly Overvalued.

Key valuation signals for RECAF:

  • Scaled Net Operating Assets: 1.02
  • GF Value™: $0.17 vs. price of $0.75 (341.1% above fair value)
  • GF Score™: 28/100

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


Reconnaissance Energy Africa Business Description

Industry EnergyOil & Gas
Other Exchanges 0XD:GermanyRECO:Canada
Address 635-8th Avenue S.W, Suite 1250, Calgary, AB, CAN, T2P 3M3
Reconnaissance Energy Africa Ltd is a junior oil and natural gas company with a focus on exploration and development in Namibia, Botswana, Gabon and Angola. It holds a substantial interest in a petroleum exploration license in northeast Namibia which covers the entire Kavango sedimentary basin. The Company's operating segments are: the exploration and evaluation of its African assets; and the corporate segment. The corporate segment majorly aggregates costs incurred at the Company's head office in Vancouver and the operations office in Calgary.
28GF Score

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$0.75
Price
$0.17
GF Value