TWIRF (Tree Island Steel) Scaled Net Operating Assets: 0.87 (As of Mar. 2026)


TWIRF Tree Island Steel Ltd TWIRF
53 GF Score
Price $1.64
GF Value $1.39
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Tree Island Steel Scaled Net Operating Assets?

Tree Island Steel TWIRF 53 Scaled Net Operating Assets is 0.87 as of Mar. 2026. GuruFocus rates TWIRF with a GF Score™ of 53/100 and a GF Value™ of $1.39 (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.

Tree Island Steel's operating assets for the quarter that ended in Mar. 2026 was $117.3 Mil. Tree Island Steel's operating liabilities for the quarter that ended in Mar. 2026 was $20.1 Mil. Tree Island Steel's Total Assets for the quarter that ended in Dec. 2025 was $112.3 Mil. Therefore, Tree Island Steel's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.87.


Tree Island Steel Scaled Net Operating Assets Historical Data

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The historical data trend for Tree Island Steel'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.

Tree Island Steel Scaled Net Operating Assets Chart

Tree Island Steel 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 0.96 0.58 0.75 0.74 0.81

Tree Island Steel 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 0.83 0.87 0.85 0.80 0.87

TWIRF vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, Tree Island Steel'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.


Tree Island Steel Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, Tree Island Steel's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Tree Island Steel's Scaled Net Operating Assets falls into.


TWIRF
53GF Score
Tree Island Steel Ltd TWIRF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Tree Island Steel 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.

Tree Island Steel'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 )
=(111.237-15.179)/118.493
=0.81

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=112.273 - 1.036
=111.237

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=33.716 - 16.636 - 1.901
=15.179

Tree Island Steel'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 )
=(117.343-20.097)/112.273
=0.87

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=118.476 - 1.133
=117.343

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=40.169 - 16.729 - 3.343
=20.097

* 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 0.87 mean?
Tree Island Steel (TWIRF) has a Scaled Net Operating Assets of 0.87 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 Tree Island Steel and its competitors.
Is Tree Island Steel's Scaled Net Operating Assets too high?
Tree Island Steel's current Scaled Net Operating Assets is 0.87. Overall, Tree Island Steel has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tree Island Steel's Scaled Net Operating Assets compare to NUE and STLD?
Tree Island Steel's Scaled Net Operating Assets of 0.87 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 Tree Island Steel and its competitors. Tree Island Steel's current Scaled Net Operating Assets is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tree Island Steel stock overvalued right now?
Based on GuruFocus' analysis, Tree Island Steel (TWIRF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.39, compared to a current price of $1.64 — trading 18.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.87. Tree Island Steel's overall GF Score™ is 53/100 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 Tree Island Steel (TWIRF), the current Scaled Net Operating Assets is 0.87 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 Tree Island Steel (TWIRF) Overvalued in 2026?

Based on GuruFocus' analysis, Tree Island Steel stock appears to be overvalued. The current stock price of $1.64 is trading 18.2% above its estimated GF Value™ of $1.39. GuruFocus considers Tree Island Steel to be Modestly Overvalued.

Key valuation signals for TWIRF:

  • Scaled Net Operating Assets: 0.87
  • GF Value™: $1.39 vs. price of $1.64 (18.2% above fair value)
  • GF Score™: 53/100 with 5 warning signs

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


Tree Island Steel Business Description

Other Exchanges TSL:Canada
Address 3933 Boundary Road, Richmond, BC, CAN, V6V 1T8
Tree Island Steel Ltd is engaged in the manufacturing and sale of steel wire and fabricated steel wire products for a range of applications. It offers products such as bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated steel products. These products are offered under Tree Island, TI Wire, ToughStrand, ToughPanel, Halsteel, TrueSpec, and K-Lath brands. Tree Island groups its products into the following: Industrial, Commercial Construction, Agricultural, and Residential Construction, of which maximum revenue is generated from the Industrial category. Geographically, the company generates maximum revenue from Canada, and the rest from the United States, and other International markets.
53GF 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.

$1.64
Price
$1.39
GF Value