Canadian General Investments (TSX:CGI) Scaled Net Operating Assets: 1.12 (As of Dec. 2025)


TSX:CGI Canadian General Investments Ltd TSX:CGI
46 GF Score
Price C$50.59
GF Value C$55.86
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Canadian General Investments Scaled Net Operating Assets?

Canadian General Investments TSX:CGI -1.38% 46 Scaled Net Operating Assets is 1.12 as of Dec. 2025. GuruFocus rates TSX:CGI with a GF Score™ of 46/100 and a GF Value™ of C$55.86 (Fairly Valued). 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.

Canadian General Investments's operating assets for the quarter that ended in Dec. 2025 was C$1,870.9 Mil. Canadian General Investments's operating liabilities for the quarter that ended in Dec. 2025 was C$2.3 Mil. Canadian General Investments's Total Assets for the quarter that ended in Jun. 2025 was C$1,670.1 Mil. Therefore, Canadian General Investments's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 1.12.

TSX:CGI
46GF Score
Canadian General Investments Ltd TSX:CGI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canadian General Investments 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.

Canadian General Investments'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 )
=(1870.909-2.318)/1648.708
=1.13

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1885.072 - 14.163
=1870.909

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=202.318 - 200 - 0
=2.318

Canadian General Investments'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 )
=(1870.909-2.318)/1670.128
=1.12

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1885.072 - 14.163
=1870.909

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=202.318 - 200 - 0
=2.318

* 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 1.12 mean?
Canadian General Investments (TSX:CGI) has a Scaled Net Operating Assets of 1.12 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 Canadian General Investments and its competitors.
Is Canadian General Investments' Scaled Net Operating Assets too high?
Canadian General Investments' current Scaled Net Operating Assets is 1.12. Overall, Canadian General Investments has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian General Investments' Scaled Net Operating Assets compare to BLK and BX?
Canadian General Investments' Scaled Net Operating Assets of 1.12 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Canadian General Investments and its competitors. Canadian General Investments's current Scaled Net Operating Assets is 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian General Investments stock overvalued right now?
Based on GuruFocus' analysis, Canadian General Investments (TSX:CGI) is currently considered Fairly Valued. The stock's GF Value™ is C$55.86, compared to a current price of C$50.59 — trading 9.4% below its estimated fair value. The current Scaled Net Operating Assets is 1.12. Canadian General Investments' overall GF Score™ is 46/100 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 Canadian General Investments (TSX:CGI), the current Scaled Net Operating Assets is 1.12 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 Canadian General Investments (TSX:CGI) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian General Investments stock appears to be undervalued. The current stock price of C$50.59 is trading 9.4% below its estimated GF Value™ of C$55.86. GuruFocus considers Canadian General Investments to be Fairly Valued.

Key valuation signals for TSX:CGI:

  • Scaled Net Operating Assets: 1.12
  • GF Value™: C$55.86 vs. price of C$50.59 (9.4% below fair value)
  • GF Score™: 46/100 with 7 warning signs

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

Canadian General Investments Business Description

Other Exchanges CGI:UK
Address 10 Toronto Street, Toronto, ON, CAN, M5C 2B7
Canadian General Investments Ltd is a Canadian closed-end investment fund. Its investment objective is to provide key returns to investors by investing in medium- to long-term investments. The company's portfolio involves prudent security selection and recognition of capital gains or losses. CGI's investment portfolio entails companies in multiple sectors such as Information Technology, Industrials, materials, financials, consumer discretionary, energy, Real Estate, Communication Services, Health Care, Cash, and Utilities.
46GF Score

Get the complete analysis for TSX:CGI

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

C$50.59
Price
C$55.86
GF Value