WEDXF (The Westaim) Scaled Net Operating Assets: 0.47 (As of Mar. 2026)


WEDXF The Westaim Corp WEDXF
44 GF Score
Price $15.79
GF Value $12.93
Valuation Modestly Overvalued
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What is The Westaim Scaled Net Operating Assets?

The Westaim WEDXF -0.60% 44 Scaled Net Operating Assets is 0.47 as of Mar. 2026. GuruFocus rates WEDXF with a GF Score™ of 44/100 and a GF Value™ of $12.93 (Modestly Overvalued).

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

The Westaim's operating assets for the quarter that ended in Mar. 2026 was $615.19 Mil. The Westaim's operating liabilities for the quarter that ended in Mar. 2026 was $229.38 Mil. The Westaim's Total Assets for the quarter that ended in Dec. 2025 was $820.38 Mil. Therefore, The Westaim's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.47.

WEDXF
44GF Score
The Westaim Corp WEDXF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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The Westaim 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.

The Westaim'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 )
=(537.236-155.272)/523.216
=0.73

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=820.384 - 283.148
=537.236

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=162.525 - 7.253 - 0
=155.272

The Westaim'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 )
=(615.192-229.382)/820.384
=0.47

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=855.781 - 240.589
=615.192

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=237.119 - 7.737 - 0
=229.382

* 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 0.47 mean?
The Westaim (WEDXF) has a Scaled Net Operating Assets of 0.47 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 The Westaim and its competitors.
Is The Westaim's Scaled Net Operating Assets too high?
The Westaim's current Scaled Net Operating Assets is 0.47. Overall, The Westaim has a GF Score™ of 44/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Westaim's Scaled Net Operating Assets compare to BLK and BX?
The Westaim's Scaled Net Operating Assets of 0.47 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 The Westaim and its competitors. The Westaim's current Scaled Net Operating Assets is 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Westaim stock overvalued right now?
Based on GuruFocus' analysis, The Westaim (WEDXF) is currently considered Modestly Overvalued. The stock's GF Value™ is $12.93, compared to a current price of $15.79 — trading 22.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.47. The Westaim's overall GF Score™ is 44/100. 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 The Westaim (WEDXF), the current Scaled Net Operating Assets is 0.47 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 The Westaim (WEDXF) Overvalued in 2026?

Based on GuruFocus' analysis, The Westaim stock appears to be overvalued. The current stock price of $15.79 is trading 22.1% above its estimated GF Value™ of $12.93. GuruFocus considers The Westaim to be Modestly Overvalued.

Key valuation signals for WEDXF:

  • Scaled Net Operating Assets: 0.47
  • GF Value™: $12.93 vs. price of $15.79 (22.1% above fair value)
  • GF Score™: 44/100

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

The Westaim Business Description

Other Exchanges WED:Canada
Address 200 Park Avenue, 58th Floor, New York, NY, USA, 10166
The Westaim Corp is a Canada-based investment company, engaged in providing long-term capital to businesses operating mainly within the financial services industry. The Company's principal investments consist of its investment in Ceres Life and Arena.
44GF 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.

$15.79
Price
$12.93
GF Value