SPNT (SiriusPoint) Scaled Net Operating Assets: -0.01 (As of Mar. 2026)


SPNT SiriusPoint Ltd SPNT
83 GF Score
Price $23.94
GF Value $19.78
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is SiriusPoint Scaled Net Operating Assets?

SiriusPoint SPNT +3.82% 83 Scaled Net Operating Assets is -0.01 as of Mar. 2026. GuruFocus rates SPNT with a GF Score™ of 83/100 and a GF Value™ of $19.78 (Modestly Overvalued). 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.

SiriusPoint's operating assets for the quarter that ended in Mar. 2026 was $9,328 Mil. SiriusPoint's operating liabilities for the quarter that ended in Mar. 2026 was $9,500 Mil. SiriusPoint's Total Assets for the quarter that ended in Dec. 2025 was $12,570 Mil. Therefore, SiriusPoint's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.01.

SPNT
83GF Score
SiriusPoint Ltd SPNT
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SiriusPoint 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.

SiriusPoint'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 )
=(11838.4-9410.1)/12524.9
=0.19

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=12569.6 - 731.2
=11838.4

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10098.7 - 688.6 - 0
=9410.1

SiriusPoint'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 )
=(9327.8-9500)/12569.6
=-0.01

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=12483 - 3155.2
=9327.8

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10179.6 - 679.6 - 0
=9500

* 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 -0.01 mean?
SiriusPoint (SPNT) has a Scaled Net Operating Assets of -0.01 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 SiriusPoint and its competitors.
Is SiriusPoint's Scaled Net Operating Assets too high?
SiriusPoint's current Scaled Net Operating Assets is -0.01. Overall, SiriusPoint has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SiriusPoint's Scaled Net Operating Assets compare to HG and GLRE?
SiriusPoint's Scaled Net Operating Assets of -0.01 can be compared against companies in the Insurance 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 Insurance company?
A good Scaled Net Operating Assets depends on the Insurance 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 SiriusPoint and its competitors. SiriusPoint's current Scaled Net Operating Assets is -0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SiriusPoint stock overvalued right now?
Based on GuruFocus' analysis, SiriusPoint (SPNT) is currently considered Modestly Overvalued. The stock's GF Value™ is $19.78, compared to a current price of $23.94 — trading 21% above its estimated fair value. The current Scaled Net Operating Assets is -0.01. SiriusPoint's overall GF Score™ is 83/100 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 SiriusPoint (SPNT), the current Scaled Net Operating Assets is -0.01 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 SiriusPoint (SPNT) Overvalued in 2026?

Based on GuruFocus' analysis, SiriusPoint stock appears to be overvalued. The current stock price of $23.94 is trading 21% above its estimated GF Value™ of $19.78. GuruFocus considers SiriusPoint to be Modestly Overvalued.

Key valuation signals for SPNT:

  • Scaled Net Operating Assets: -0.01
  • GF Value™: $19.78 vs. price of $23.94 (21% above fair value)
  • GF Score™: 83/100 with 4 warning signs

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

SiriusPoint Business Description

Other Exchanges 3XPA:Germany
Address 3 Waterloo Lane, Point Building, Pembroke, BMU, HM 08
SiriusPoint Ltd provides property and casualty reinsurance coverage to insurance and reinsurance companies in the United States, Canada, Bermuda, the United Kingdom, and Europe. The company operates through two operating segments: Reinsurance and Insurance & Services. The company's product portfolio consists of reinsurance contracts for property insurance including both residential and commercial properties, workers' compensation, personal automobile, businesses' general liability insurance, professional liability insurance to protect professional advisors and service providers, agriculture insurance, and mortgage insurance. The majority of the revenue is generated from its Insurance & Services segment.
83GF Score

Get the complete analysis for SPNT

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

$23.94
Price
$19.78
GF Value