Alphamin Resources (TSXV:AFM) Scaled Net Operating Assets: 0.66 (As of Mar. 2026)


TSXV:AFM Alphamin Resources Corp TSXV:AFM
86 GF Score
Price C$1.49
GF Value C$2.14
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Alphamin Resources Scaled Net Operating Assets?

Alphamin Resources TSXV:AFM +2.05% 86 Scaled Net Operating Assets is 0.66 as of Mar. 2026. GuruFocus rates TSXV:AFM with a GF Score™ of 86/100 and a GF Value™ of C$2.14 (Significantly Undervalued). The stock has 2 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.

Alphamin Resources's operating assets for the quarter that ended in Mar. 2026 was C$736 Mil. Alphamin Resources's operating liabilities for the quarter that ended in Mar. 2026 was C$205 Mil. Alphamin Resources's Total Assets for the quarter that ended in Dec. 2025 was C$807 Mil. Therefore, Alphamin Resources's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.66.

Alphamin Resources Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Alphamin Resources'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.

Alphamin Resources Scaled Net Operating Assets Chart

Alphamin Resources 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 1.11 0.76 0.90 0.95 0.82

Alphamin Resources 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 0.86 0.71 0.75 0.88 0.66

Alphamin Resources Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Alphamin Resources'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.

Alphamin Resources Scaled Net Operating Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alphamin Resources's Scaled Net Operating Assets distribution charts can be found below:

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


TSXV:AFM
86GF Score
Alphamin Resources Corp TSXV:AFM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Alphamin Resources 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.

Alphamin Resources'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 )
=(807.286-129.584)/823.159
=0.82

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=807.3 - 0.014
=807.286

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=190.458 - 10.006 - 50.868
=129.584

Alphamin Resources'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 )
=(735.558-205.157)/807.3
=0.66

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=986.79 - 251.232
=735.558

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=264.31 - 4.44 - 54.713
=205.157

* 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 0.66 mean?
Alphamin Resources (TSXV:AFM) has a Scaled Net Operating Assets of 0.66 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 Alphamin Resources and its competitors.
Is Alphamin Resources' Scaled Net Operating Assets too high?
Alphamin Resources' current Scaled Net Operating Assets is 0.66. Overall, Alphamin Resources has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alphamin Resources' Scaled Net Operating Assets compare to competitors?
Alphamin Resources' Scaled Net Operating Assets of 0.66 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining 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 Alphamin Resources and its competitors. Alphamin Resources's current Scaled Net Operating Assets is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alphamin Resources stock overvalued right now?
Based on GuruFocus' analysis, Alphamin Resources (TSXV:AFM) is currently considered Significantly Undervalued. The stock's GF Value™ is C$2.14, compared to a current price of C$1.49 — trading 30.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.66. Alphamin Resources' overall GF Score™ is 86/100 with 2 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 Alphamin Resources (TSXV:AFM), the current Scaled Net Operating Assets is 0.66 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 Alphamin Resources (TSXV:AFM) Overvalued in 2026?

Based on GuruFocus' analysis, Alphamin Resources stock appears to be undervalued. The current stock price of C$1.49 is trading 30.4% below its estimated GF Value™ of C$2.14. GuruFocus considers Alphamin Resources to be Significantly Undervalued.

Key valuation signals for TSXV:AFM:

  • Scaled Net Operating Assets: 0.66
  • GF Value™: C$2.14 vs. price of C$1.49 (30.4% below fair value)
  • GF Score™: 86/100 with 2 warning signs

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

Alphamin Resources Business Description

Address C/o Adansonia Management Services Limited, Suite 1, Perrieri Office Suites, C2-302, Level 3, La Croisette, Office Block C, Grand Baie, MUS, 30517
Alphamin Resources Corp is engaged in the business of the production and sale of tin concentrate from the Bisie Tin mine in the Democratic Republic of the Congo (DRC). The company considers its business to consist of one reportable operating segment, being the production and sale of tin from its Bisie tin mine.
86GF 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$1.49
Price
C$2.14
GF Value