VTXGF (Vertex Resource Group) Scaled Net Operating Assets: 0.79 (As of Mar. 2026)


VTXGF Vertex Resource Group Ltd VTXGF
22 GF Score
Price $0.13
GF Value $0.20
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Vertex Resource Group Scaled Net Operating Assets?

Vertex Resource Group VTXGF 22 Scaled Net Operating Assets is 0.79 as of Mar. 2026. GuruFocus rates VTXGF with a GF Score™ of 22/100 and a GF Value™ of $0.20 (Modestly Undervalued). 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.

Vertex Resource Group's operating assets for the quarter that ended in Mar. 2026 was $141.1 Mil. Vertex Resource Group's operating liabilities for the quarter that ended in Mar. 2026 was $31.3 Mil. Vertex Resource Group's Total Assets for the quarter that ended in Dec. 2025 was $139.8 Mil. Therefore, Vertex Resource Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.79.


Vertex Resource Group Scaled Net Operating Assets Historical Data

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The historical data trend for Vertex Resource Group'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.

Vertex Resource Group Scaled Net Operating Assets Chart

Vertex Resource Group 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 1.00 1.00 0.79 0.66 0.74

Vertex Resource Group 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 0.77 0.85 0.80 0.79 0.79

VTXGF vs WM, RSG, WCN: Scaled Net Operating Assets Comparison

For the Waste Management subindustry, Vertex Resource Group'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.


Vertex Resource Group Scaled Net Operating Assets vs Waste Management Industry

For the Waste Management industry and Industrials sector, Vertex Resource Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Vertex Resource Group's Scaled Net Operating Assets falls into.


VTXGF
22GF Score
Vertex Resource Group Ltd VTXGF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Vertex Resource Group 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.

Vertex Resource Group'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 )
=(138.728-26.61)/152.633
=0.73

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=139.833 - 1.105
=138.728

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=106.349 - 62.572 - 17.167
=26.61

Vertex Resource Group'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 )
=(141.059-31.274)/139.833
=0.79

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=141.707 - 0.648
=141.059

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=108.983 - 62.791 - 14.918
=31.274

* 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 0.79 mean?
Vertex Resource Group (VTXGF) has a Scaled Net Operating Assets of 0.79 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 Vertex Resource Group and its competitors.
Is Vertex Resource Group's Scaled Net Operating Assets too high?
Vertex Resource Group's current Scaled Net Operating Assets is 0.79. Overall, Vertex Resource Group has a GF Score™ of 22/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vertex Resource Group's Scaled Net Operating Assets compare to WM and RSG?
Vertex Resource Group's Scaled Net Operating Assets of 0.79 can be compared against companies in the Waste 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 a Waste Management company?
A good Scaled Net Operating Assets depends on the Waste 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 Vertex Resource Group and its competitors. Vertex Resource Group's current Scaled Net Operating Assets is 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vertex Resource Group stock overvalued right now?
Based on GuruFocus' analysis, Vertex Resource Group (VTXGF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.20, compared to a current price of $0.13 — trading 35% below its estimated fair value. The current Scaled Net Operating Assets is 0.79. Vertex Resource Group's overall GF Score™ is 22/100 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 Vertex Resource Group (VTXGF), the current Scaled Net Operating Assets is 0.79 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 Vertex Resource Group (VTXGF) Overvalued in 2026?

Based on GuruFocus' analysis, Vertex Resource Group stock appears to be undervalued. The current stock price of $0.13 is trading 35% below its estimated GF Value™ of $0.20. GuruFocus considers Vertex Resource Group to be Modestly Undervalued.

Key valuation signals for VTXGF:

  • Scaled Net Operating Assets: 0.79
  • GF Value™: $0.20 vs. price of $0.13 (35% below fair value)
  • GF Score™: 22/100 with 5 warning signs

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


Vertex Resource Group Business Description

Other Exchanges VTX:Canada
Address 161, 2055 Premier Way, Sherwood Park, AB, CAN, T8H 0G2
Vertex Resource Group Ltd provides environmental consulting and support services to a diverse clientele across Canada and in select locations in the United States. It has two reportable segments: Environmental Consulting and Environmental Services. The majority of the company's revenue is generated from the Environmental Services segment, which consists of a variety of services related to transportation; removal, storage and disposal of materials; and maintenance of facilities, in an environmentally safe manner. Services offered in this segment include fluid management and logistics, waste and recycling, industrial cleaning and maintenance, hydro-excavating, and site services for various industries, including energy, telecommunications, public sector, utilities, mining, and agriculture.
22GF 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.

$0.13
Price
$0.20
GF Value