Navigator Holdings (STU:1NV) Scaled Net Operating Assets: 0.88 (As of Mar. 2026)

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STU:1NV Navigator Holdings Ltd STU:1NV
76 GF Score
Price €18.50
GF Value €15.36
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Navigator Holdings Scaled Net Operating Assets?

Navigator Holdings STU:1NV +0.11% 76 Scaled Net Operating Assets is 0.88 as of Mar. 2026. GuruFocus rates STU:1NV with a GF Score™ of 76/100 and a GF Value™ of €15.36 (Modestly Overvalued). The stock has 3 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.

Navigator Holdings's operating assets for the quarter that ended in Mar. 2026 was €1,825.2 Mil. Navigator Holdings's operating liabilities for the quarter that ended in Mar. 2026 was €112.8 Mil. Navigator Holdings's Total Assets for the quarter that ended in Dec. 2025 was €1,946.4 Mil. Therefore, Navigator Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.88.


Navigator Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Navigator 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.

Navigator Holdings Scaled Net Operating Assets Chart

Navigator Holdings 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 1.12 0.91 0.90 0.93 0.82

Navigator Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.93 0.85 0.84 0.87 0.88

STU:1NV vs NAT, EE, PBT: Scaled Net Operating Assets Comparison

For the Oil & Gas Midstream subindustry, Navigator 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.


Navigator Holdings Scaled Net Operating Assets vs Oil & Gas Industry

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

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


STU:1NV
76GF Score
Navigator Holdings Ltd STU:1NV
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Navigator 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.

Navigator Holdings'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 )
=(1814.271-101.904)/2082.501
=0.82

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1946.363 - 132.092
=1814.271

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=873.107 - 626.647 - 144.556
=101.904

Navigator Holdings'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 )
=(1825.167-112.767)/1946.363
=0.88

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1954.937 - 129.77
=1825.167

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=893.833 - 632.381 - 148.685
=112.767

* 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 0.88 mean?
Navigator Holdings (STU:1NV) has a Scaled Net Operating Assets of 0.88 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 Navigator Holdings and its competitors.
Is Navigator Holdings' Scaled Net Operating Assets too high?
Navigator Holdings' current Scaled Net Operating Assets is 0.88. Overall, Navigator Holdings has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Navigator Holdings' Scaled Net Operating Assets compare to NAT and EE?
Navigator Holdings' Scaled Net Operating Assets of 0.88 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 Navigator Holdings and its competitors. Navigator Holdings's current Scaled Net Operating Assets is 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Navigator Holdings stock overvalued right now?
Based on GuruFocus' analysis, Navigator Holdings (STU:1NV) is currently considered Modestly Overvalued. The stock's GF Value™ is €15.36, compared to a current price of €18.50 — trading 20.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.88. Navigator Holdings' overall GF Score™ is 76/100 with 3 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 Navigator Holdings (STU:1NV), the current Scaled Net Operating Assets is 0.88 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 Navigator Holdings (STU:1NV) Overvalued in 2026?

Based on GuruFocus' analysis, Navigator Holdings stock appears to be overvalued. The current stock price of €18.50 is trading 20.4% above its estimated GF Value™ of €15.36. GuruFocus considers Navigator Holdings to be Modestly Overvalued.

Key valuation signals for STU:1NV:

  • Scaled Net Operating Assets: 0.88
  • GF Value™: €15.36 vs. price of €18.50 (20.4% above fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the STU:1NV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Navigator Holdings Business Description

Industry EnergyOil & Gas
Other Exchanges NVGS:USA
Address c/o NGT Services (UK) Ltd, 10 Bressenden Place, London, GBR, SW1E 5DH
Navigator Holdings Ltd owns and operates liquefied gas carriers, which include a fleet of handysize liquefied gas carriers. The company also owns a share in an ethylene export marine terminal at Morgan's Point, Texas on the Houston Ship Channel (the Ethylene Export Terminal) through a joint venture (the Export Terminal Joint Venture). The company plays a vital role in the globalised liquefied gas supply chain, providing gas transportation solutions for energy companies, industrial users, and commodity traders.
76GF Score

Get the complete analysis for STU:1NV

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

€18.50
Price
€15.36
GF Value