Dividend Growth Split (TSX:DGS) Scaled Net Operating Assets: 0.49 (As of Dec. 2025)


TSX:DGS Dividend Growth Split Corp TSX:DGS
56 GF Score
Price C$8.73
GF Value C$10.41
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Dividend Growth Split Scaled Net Operating Assets?

Dividend Growth Split TSX:DGS +0.46% 56 Scaled Net Operating Assets is 0.49 as of Dec. 2025. GuruFocus rates TSX:DGS with a GF Score™ of 56/100 and a GF Value™ of C$10.41 (Modestly Undervalued). 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.

Dividend Growth Split's operating assets for the quarter that ended in Dec. 2025 was C$976.0 Mil. Dividend Growth Split's operating liabilities for the quarter that ended in Dec. 2025 was C$558.7 Mil. Dividend Growth Split's Total Assets for the quarter that ended in Jun. 2025 was C$853.4 Mil. Therefore, Dividend Growth Split's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.49.

TSX:DGS
56GF Score
Dividend Growth Split Corp TSX:DGS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Dividend Growth Split 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.

Dividend Growth Split'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 )
=(975.956-558.74)/752.424
=0.55

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=982.367 - 6.411
=975.956

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=558.74 - 0 - 0
=558.74

Dividend Growth Split'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 )
=(975.956-558.74)/853.39
=0.49

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=982.367 - 6.411
=975.956

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=558.74 - 0 - 0
=558.74

* 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 0.49 mean?
Dividend Growth Split (TSX:DGS) has a Scaled Net Operating Assets of 0.49 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 Dividend Growth Split and its competitors.
Is Dividend Growth Split's Scaled Net Operating Assets too high?
Dividend Growth Split's current Scaled Net Operating Assets is 0.49. Overall, Dividend Growth Split has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dividend Growth Split's Scaled Net Operating Assets compare to BLK and BX?
Dividend Growth Split's Scaled Net Operating Assets of 0.49 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 Dividend Growth Split and its competitors. Dividend Growth Split's current Scaled Net Operating Assets is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dividend Growth Split stock overvalued right now?
Based on GuruFocus' analysis, Dividend Growth Split (TSX:DGS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$10.41, compared to a current price of C$8.73 — trading 16.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.49. Dividend Growth Split's overall GF Score™ is 56/100 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 Dividend Growth Split (TSX:DGS), the current Scaled Net Operating Assets is 0.49 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 Dividend Growth Split (TSX:DGS) Overvalued in 2026?

Based on GuruFocus' analysis, Dividend Growth Split stock appears to be undervalued. The current stock price of C$8.73 is trading 16.1% below its estimated GF Value™ of C$10.41. GuruFocus considers Dividend Growth Split to be Modestly Undervalued.

Key valuation signals for TSX:DGS:

  • Scaled Net Operating Assets: 0.49
  • GF Value™: C$10.41 vs. price of C$8.73 (16.1% below fair value)
  • GF Score™: 56/100 with 6 warning signs

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

Dividend Growth Split Business Description

Other Exchanges DGS.PR.A.PFD:Canada
Address 181 Bay Street, Brookfield Place, Suite 2930, P.O. Box 793, Bay Wellington Tower, Toronto, ON, CAN, M5J 2T3
Dividend Growth Split Corp is a Canada-based mutual fund corporation. The fund invests in a portfolio consisting principally of equity securities of Canadian dividend growth companies. In addition, the Fund may hold up to 20% of the total assets of the portfolio in global dividend growth companies for diversification and improved return potential. The firm has the majority of its portfolio composition in the Financials and Energy sectors.
56GF 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.

C$8.73
Price
C$10.41
GF Value