SIRZF (SIR Royaltyome Fund) Scaled Net Operating Assets: 0.93 (As of Mar. 2026)


SIRZF SIR Royalty Income Fund SIRZF
53 GF Score
Price $10.89
GF Value $7.66
Valuation Significantly Overvalued
! 6 Warning Signs
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What is SIR Royaltyome Fund Scaled Net Operating Assets?

SIR Royaltyome Fund SIRZF 53 Scaled Net Operating Assets is 0.93 as of Mar. 2026. GuruFocus rates SIRZF with a GF Score™ of 53/100 and a GF Value™ of $7.66 (Significantly Overvalued). The stock has 6 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.

SIR Royaltyome Fund's operating assets for the quarter that ended in Mar. 2026 was $65.63 Mil. SIR Royaltyome Fund's operating liabilities for the quarter that ended in Mar. 2026 was $3.95 Mil. SIR Royaltyome Fund's Total Assets for the quarter that ended in Dec. 2025 was $66.38 Mil. Therefore, SIR Royaltyome Fund's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.93.

SIRZF
53GF Score
SIR Royalty Income Fund SIRZF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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SIR Royaltyome Fund 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.

SIR Royaltyome Fund'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 )
=(66.142-3.79)/66.164
=0.94

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=66.375 - 0.233
=66.142

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.79 - 0 - 0
=3.79

SIR Royaltyome Fund'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 )
=(65.633-3.949)/66.375
=0.93

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=65.945 - 0.312
=65.633

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.949 - 0 - 0
=3.949

* 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 0.93 mean?
SIR Royaltyome Fund (SIRZF) has a Scaled Net Operating Assets of 0.93 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 SIR Royaltyome Fund and its competitors.
Is SIR Royaltyome Fund's Scaled Net Operating Assets too high?
SIR Royaltyome Fund's current Scaled Net Operating Assets is 0.93. Overall, SIR Royaltyome Fund has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SIR Royaltyome Fund's Scaled Net Operating Assets compare to MCD and SBUX?
SIR Royaltyome Fund's Scaled Net Operating Assets of 0.93 can be compared against companies in the Restaurants 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 Restaurants company?
A good Scaled Net Operating Assets depends on the Restaurants 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 SIR Royaltyome Fund and its competitors. SIR Royaltyome Fund's current Scaled Net Operating Assets is 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIR Royaltyome Fund stock overvalued right now?
Based on GuruFocus' analysis, SIR Royaltyome Fund (SIRZF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.66, compared to a current price of $10.89 — trading 42.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.93. SIR Royaltyome Fund's overall GF Score™ is 53/100 with 6 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 SIR Royaltyome Fund (SIRZF), the current Scaled Net Operating Assets is 0.93 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 SIR Royaltyome Fund (SIRZF) Overvalued in 2026?

Based on GuruFocus' analysis, SIR Royaltyome Fund stock appears to be overvalued. The current stock price of $10.89 is trading 42.2% above its estimated GF Value™ of $7.66. GuruFocus considers SIR Royaltyome Fund to be Significantly Overvalued.

Key valuation signals for SIRZF:

  • Scaled Net Operating Assets: 0.93
  • GF Value™: $7.66 vs. price of $10.89 (42.2% above fair value)
  • GF Score™: 53/100 with 6 warning signs

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

SIR Royaltyome Fund Business Description

Other Exchanges SRV.UN:Canada
Address 5360 South Service Road, Suite 200, Burlington, ON, CAN, L7L 5L1
SIR Royalty Income Fund holds an investment in SIR (Service Inspired Restaurant) Corp, which is a privately held corporation that owns and operates a diverse portfolio of restaurants in Canada. It has concept restaurant brands, including Jack Astor's Bar and Grill, Scaddabush Italian Kitchen & Bar, and SIR's signature restaurant brands, including Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose. The fund receives distribution income from its investment in the partnership and interest income from the SIR Loan. It generates revenue through the license and royalty agreement from its investments in partnerships.
53GF Score

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

$10.89
Price
$7.66
GF Value