RFL (Rafael Holdings) Scaled Net Operating Assets: 0.51 (As of Apr. 2026)


RFL Rafael Holdings Inc RFL
48 GF Score
Price $2.76
GF Value $1.35
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Rafael Holdings Scaled Net Operating Assets?

Rafael Holdings RFL +1.85% 48 Scaled Net Operating Assets is 0.51 as of Apr. 2026. GuruFocus rates RFL with a GF Score™ of 48/100 and a GF Value™ of $1.35 (Significantly Overvalued). The stock has 7 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.

Rafael Holdings's operating assets for the quarter that ended in Apr. 2026 was $61.49 Mil. Rafael Holdings's operating liabilities for the quarter that ended in Apr. 2026 was $10.58 Mil. Rafael Holdings's Total Assets for the quarter that ended in Jan. 2026 was $99.32 Mil. Therefore, Rafael Holdings's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.51.

Rafael Holdings Scaled Net Operating Assets Historical Data

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The historical data trend for Rafael 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.

Rafael Holdings Scaled Net Operating Assets Chart

Rafael Holdings Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 0.32 0.15 0.23 0.48

Rafael Holdings Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.57 0.43 0.39 0.44 0.51

RFL vs ASPS, MAYS, EUDA: Scaled Net Operating Assets Comparison

For the Real Estate Services subindustry, Rafael 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.

Rafael Holdings Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Rafael Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


RFL
48GF Score
Rafael Holdings Inc RFL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Rafael Holdings 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.

Rafael Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2025 )
=(Operating Assets (A: Jul. 2025 )-Operating Liabilities (A: Jul. 2025 ))/Total Assets (A: Jul. 2024 )
=(61.34-15.046)/96.832
=0.48

where

Operating Assets(A: Jul. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=114.109 - 52.769
=61.34

Operating Liabilities(A: Jul. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15.738 - 0.078 - 0.614
=15.046

Rafael Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Jan. 2026 )
=(61.493-10.577)/99.315
=0.51

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=91.99 - 30.497
=61.493

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11.187 - 0.002 - 0.608
=10.577

* 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 0.51 mean?
Rafael Holdings (RFL) has a Scaled Net Operating Assets of 0.51 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Rafael Holdings and its competitors.
Is Rafael Holdings' Scaled Net Operating Assets too high?
Rafael Holdings' current Scaled Net Operating Assets is 0.51. Overall, Rafael Holdings has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rafael Holdings' Scaled Net Operating Assets compare to ASPS and MAYS?
Rafael Holdings' Scaled Net Operating Assets of 0.51 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Rafael Holdings and its competitors. Rafael Holdings's current Scaled Net Operating Assets is 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rafael Holdings stock overvalued right now?
Based on GuruFocus' analysis, Rafael Holdings (RFL) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.35, compared to a current price of $2.76 — trading 104.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.51. Rafael Holdings' overall GF Score™ is 48/100 with 7 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 Rafael Holdings (RFL), the current Scaled Net Operating Assets is 0.51 as of Apr. 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 Rafael Holdings (RFL) Overvalued in 2026?

Based on GuruFocus' analysis, Rafael Holdings stock appears to be overvalued. The current stock price of $2.76 is trading 104.4% above its estimated GF Value™ of $1.35. GuruFocus considers Rafael Holdings to be Significantly Overvalued.

Key valuation signals for RFL:

  • Scaled Net Operating Assets: 0.51
  • GF Value™: $1.35 vs. price of $2.76 (104.4% above fair value)
  • GF Score™: 48/100 with 7 warning signs

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

Rafael Holdings Business Description

Address 520 Broad Street, Newark, NJ, USA, 07102
Rafael Holdings Inc is a biotechnology firm that develops pharmaceuticals and invests in clinical and early-stage companies in pharmaceuticals and medical devices. Trappsol Cyclo is in Phase 3 trials for Niemann-Pick Disease Type C1. The company focuses on completing these trials, seeking regulatory approval, and commercializing the product. It also invests in portfolio companies including Cyclo, LipoMedix, Barer, Rafael Medical Devices, Cornerstone, and Day Three, targeting therapeutics for unmet medical needs. The business operates through three segments: Healthcare, Infusion Technology, and Real Estate. Operations are based in the United States and Israel.
48GF Score

Get the complete analysis for RFL

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

$2.76
Price
$1.35
GF Value