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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Quercus TFI's operating assets for the quarter that ended in Mar. 2026 was zł81.8 Mil. Quercus TFI's operating liabilities for the quarter that ended in Mar. 2026 was zł138.7 Mil. Quercus TFI's Total Assets for the quarter that ended in Dec. 2025 was zł243.4 Mil. Therefore, Quercus TFI's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.23.
Quercus TFI Scaled Net Operating Assets Related Terms
Quercus TFI Scaled Net Operating Assets Historical Data
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The historical data trend for Quercus TFI'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.
WAR:QRS vs BLK, BX, KKR: Scaled Net Operating Assets Comparison
For the Asset Management subindustry, Quercus TFI'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.
Quercus TFI Scaled Net Operating Assets vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Quercus TFI's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Quercus TFI's Scaled Net Operating Assets falls into.
* 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 -0.23 mean?
Quercus TFI (WAR:QRS) has a Scaled Net Operating Assets of -0.23 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 Quercus TFI and its competitors.
Is Quercus TFI's Scaled Net Operating Assets too high?
Quercus TFI's current Scaled Net Operating Assets is -0.23. Overall, Quercus TFI has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Quercus TFI's Scaled Net Operating Assets compare to BLK and BX?
Quercus TFI's Scaled Net Operating Assets of -0.23 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 Quercus TFI and its competitors. Quercus TFI's current Scaled Net Operating Assets is -0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quercus TFI stock overvalued right now?
Based on GuruFocus' analysis, Quercus TFI (WAR:QRS) is currently considered Fairly Valued. The stock's GF Value™ is zł14.39, compared to a current price of zł13.54 — trading 5.9% below its estimated fair value. The current Scaled Net Operating Assets is -0.23. Quercus TFI's overall GF Score™ is 96/100 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 Quercus TFI (WAR:QRS), the current Scaled Net Operating Assets is -0.23 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 Quercus TFI (WAR:QRS) Overvalued in 2026?
Based on GuruFocus' analysis, Quercus TFI stock appears to be undervalued.
The current stock price of zł13.54 is trading 5.9% below its estimated GF Value™ of zł14.39.
GuruFocus considers Quercus TFI to be Fairly Valued.
Key valuation signals for WAR:QRS:
Scaled Net Operating Assets: -0.23
GF Value™: zł14.39 vs. price of zł13.54 (5.9% below fair value)
No single metric tells the full story. See the WAR:QRS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quercus TFI SA is an investment fund company in Poland whose offer is mainly targeted at high net-worth Investors. The products of the company include Quercus Short-Term Debt, Quercus Capital Protection, Quercus Treasury Bonds, Quercus Stable, Quercus Aggressive and Quercus Gold among others.
96GF Score
Get the complete analysis for WAR:QRS
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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