Labrador Iron Ore Royalty (TSX:LIF) Scaled Net Operating Assets: 0.77 (As of Mar. 2026)


TSX:LIF Labrador Iron Ore Royalty Corp TSX:LIF
79 GF Score
Price C$28.44
GF Value C$25.43
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Labrador Iron Ore Royalty Scaled Net Operating Assets?

Labrador Iron Ore Royalty TSX:LIF +0.14% 79 Scaled Net Operating Assets is 0.77 as of Mar. 2026. GuruFocus rates TSX:LIF with a GF Score™ of 79/100 and a GF Value™ of C$25.43 (Modestly Overvalued). The stock has 5 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.

Labrador Iron Ore Royalty's operating assets for the quarter that ended in Mar. 2026 was C$782.0 Mil. Labrador Iron Ore Royalty's operating liabilities for the quarter that ended in Mar. 2026 was C$158.1 Mil. Labrador Iron Ore Royalty's Total Assets for the quarter that ended in Dec. 2025 was C$809.4 Mil. Therefore, Labrador Iron Ore Royalty's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.77.


Labrador Iron Ore Royalty Scaled Net Operating Assets Historical Data

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The historical data trend for Labrador Iron Ore Royalty'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.

Labrador Iron Ore Royalty Scaled Net Operating Assets Chart

Labrador Iron Ore Royalty 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 0.58 0.76 0.78 0.72 0.75

Labrador Iron Ore Royalty 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 0.73 0.79 0.78 0.78 0.77

TSX:LIF vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, Labrador Iron Ore Royalty'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.


Labrador Iron Ore Royalty Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, Labrador Iron Ore Royalty's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Labrador Iron Ore Royalty's Scaled Net Operating Assets falls into.


TSX:LIF
79GF Score
Labrador Iron Ore Royalty Corp TSX:LIF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Labrador Iron Ore Royalty 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.

Labrador Iron Ore Royalty'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 )
=(794.86-164.22)/836.127
=0.75

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=809.428 - 14.568
=794.86

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=164.22 - 0 - 0
=164.22

Labrador Iron Ore Royalty'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 )
=(782.045-158.137)/809.428
=0.77

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=797.34 - 15.295
=782.045

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=158.137 - 0 - 0
=158.137

* 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 0.77 mean?
Labrador Iron Ore Royalty (TSX:LIF) has a Scaled Net Operating Assets of 0.77 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 Labrador Iron Ore Royalty and its competitors.
Is Labrador Iron Ore Royalty's Scaled Net Operating Assets too high?
Labrador Iron Ore Royalty's current Scaled Net Operating Assets is 0.77. Overall, Labrador Iron Ore Royalty has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Labrador Iron Ore Royalty's Scaled Net Operating Assets compare to NUE and STLD?
Labrador Iron Ore Royalty's Scaled Net Operating Assets of 0.77 can be compared against companies in the Steel 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 Steel company?
A good Scaled Net Operating Assets depends on the Steel 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 Labrador Iron Ore Royalty and its competitors. Labrador Iron Ore Royalty's current Scaled Net Operating Assets is 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Labrador Iron Ore Royalty stock overvalued right now?
Based on GuruFocus' analysis, Labrador Iron Ore Royalty (TSX:LIF) is currently considered Modestly Overvalued. The stock's GF Value™ is C$25.43, compared to a current price of C$28.44 — trading 11.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.77. Labrador Iron Ore Royalty's overall GF Score™ is 79/100 with 5 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 Labrador Iron Ore Royalty (TSX:LIF), the current Scaled Net Operating Assets is 0.77 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 Labrador Iron Ore Royalty (TSX:LIF) Overvalued in 2026?

Based on GuruFocus' analysis, Labrador Iron Ore Royalty stock appears to be overvalued. The current stock price of C$28.44 is trading 11.8% above its estimated GF Value™ of C$25.43. GuruFocus considers Labrador Iron Ore Royalty to be Modestly Overvalued.

Key valuation signals for TSX:LIF:

  • Scaled Net Operating Assets: 0.77
  • GF Value™: C$25.43 vs. price of C$28.44 (11.8% above fair value)
  • GF Score™: 79/100 with 5 warning signs

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


Labrador Iron Ore Royalty Business Description

Other Exchanges LIFZF:USA
Address 31 Adelaide Street East, PO Box 957, Toronto, ON, CAN, M5C 2K3
Labrador Iron Ore Royalty Corporation, along with its wholly owned subsidiary, holds approximately fifteen percent interest in Iron Ore Company of Canada (IOC), a North American producer and exporter of iron ore pellets and high-grade concentrate. The company receives approximately seven percent gross overriding royalty on all iron ore products produced, sold, and shipped by IOC and some cents per tonne commission on all iron ore products produced and sold by IOC from the leased lands. Under normal circumstances, Labrador Iron Ore Royalty Corporation pays cash dividends from the free cash flow generated from IOC to the maximum extent possible, subject to the maintenance of appropriate levels of working capital. The firm generates the majority of its revenue in the form of royalty income.
79GF 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$28.44
Price
C$25.43
GF Value