RPNMF (Rapala VMC) Scaled Net Operating Assets: 0.74 (As of Dec. 2025)


RPNMF Rapala VMC Corp RPNMF
49 GF Score
Price $1.45
GF Value $5.85
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Rapala VMC Scaled Net Operating Assets?

Rapala VMC RPNMF 49 Scaled Net Operating Assets is 0.74 as of Dec. 2025. GuruFocus rates RPNMF with a GF Score™ of 49/100 and a GF Value™ of $5.85 (Significantly Undervalued). 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.

Rapala VMC's operating assets for the quarter that ended in Dec. 2025 was $302.8 Mil. Rapala VMC's operating liabilities for the quarter that ended in Dec. 2025 was $57.0 Mil. Rapala VMC's Total Assets for the quarter that ended in Jun. 2025 was $330.0 Mil. Therefore, Rapala VMC's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.74.

Rapala VMC Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Rapala VMC'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.

Rapala VMC Scaled Net Operating Assets Chart

Rapala VMC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.78 0.72 0.70 0.80

Rapala VMC Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.75 0.73 0.69 0.78 0.75

RPNMF vs AS, HAS, LTH: Scaled Net Operating Assets Comparison

For the Leisure subindustry, Rapala VMC'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.

Rapala VMC Scaled Net Operating Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Rapala VMC's Scaled Net Operating Assets distribution charts can be found below:

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


RPNMF
49GF Score
Rapala VMC Corp RPNMF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rapala VMC 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.

Rapala VMC'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 )
=(302.81-57.026)/307.435
=0.80

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=324.239 - 21.429
=302.81

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=164.637 - 80.913 - 26.698
=57.026

Rapala VMC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(302.81-57.026)/329.988
=0.74

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=324.239 - 21.429
=302.81

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=164.637 - 80.913 - 26.698
=57.026

* 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 0.74 mean?
Rapala VMC (RPNMF) has a Scaled Net Operating Assets of 0.74 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Rapala VMC and its competitors.
Is Rapala VMC's Scaled Net Operating Assets too high?
Rapala VMC's current Scaled Net Operating Assets is 0.74. Overall, Rapala VMC has a GF Score™ of 49/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rapala VMC's Scaled Net Operating Assets compare to AS and HAS?
Rapala VMC's Scaled Net Operating Assets of 0.74 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure 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 Rapala VMC and its competitors. Rapala VMC's current Scaled Net Operating Assets is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rapala VMC stock overvalued right now?
Based on GuruFocus' analysis, Rapala VMC (RPNMF) is currently considered Significantly Undervalued. The stock's GF Value™ is $5.85, compared to a current price of $1.45 — trading 75.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.74. Rapala VMC's overall GF Score™ is 49/100 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 Rapala VMC (RPNMF), the current Scaled Net Operating Assets is 0.74 as of Dec. 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 Rapala VMC (RPNMF) Overvalued in 2026?

Based on GuruFocus' analysis, Rapala VMC stock appears to be undervalued. The current stock price of $1.45 is trading 75.2% below its estimated GF Value™ of $5.85. GuruFocus considers Rapala VMC to be Significantly Undervalued.

Key valuation signals for RPNMF:

  • Scaled Net Operating Assets: 0.74
  • GF Value™: $5.85 vs. price of $1.45 (75.2% below fair value)
  • GF Score™: 49/100 with 4 warning signs

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

Rapala VMC Business Description

Address Makelankatu 87, Helsinki, FIN, 00610
Rapala VMC Corp is a fishing tackle company. It is engaged in the business of manufacturing, sourcing, and distributing mainly fishing tackle equipment, as well as hunting, outdoor, and winter sports equipment. The company's products include fishing lures, treble hooks, fishing-related knives and hooks, etc. The firm markets and sells its products under the Sufix, Mora Ice, Peltonen, Williamson, VMC, Storm, Blue Fox, Rapala, and other brands. Geographically, the company generates maximum revenue from North America, followed by the Nordic regions, Rest of Europe, and the Rest of the World.
49GF Score

Get the complete analysis for RPNMF

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

$1.45
Price
$5.85
GF Value