WGXRF (Westgold Resources) Scaled Net Operating Assets: 0.56 (As of Dec. 2025)


WGXRF Westgold Resources Ltd WGXRF
71 GF Score
Price $3.27
GF Value $3.26
Valuation Fairly Valued
! 5 Warning Signs
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What is Westgold Resources Scaled Net Operating Assets?

Westgold Resources WGXRF -1.21% 71 Scaled Net Operating Assets is 0.56 as of Dec. 2025. GuruFocus rates WGXRF with a GF Score™ of 71/100 and a GF Value™ of $3.26 (Fairly Valued). 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.

Westgold Resources's operating assets for the quarter that ended in Dec. 2025 was $1,946 Mil. Westgold Resources's operating liabilities for the quarter that ended in Dec. 2025 was $773 Mil. Westgold Resources's Total Assets for the quarter that ended in Jun. 2025 was $2,087 Mil. Therefore, Westgold Resources's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.56.


Westgold Resources Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Westgold 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.

Westgold Resources Scaled Net Operating Assets Chart

Westgold Resources Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.73 0.46 0.52 0.62 1.75

Westgold Resources Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.56 0.55 1.74 0.65 0.56

WGXRF vs NEM, AU: Scaled Net Operating Assets Comparison

For the Gold subindustry, Westgold 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.


Westgold Resources Scaled Net Operating Assets vs Metals & Mining Industry

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

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


WGXRF
71GF Score
Westgold Resources Ltd WGXRF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Westgold 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.

Westgold Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(1930.184-708.514)/698.871
=1.75

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2086.595 - 156.411
=1930.184

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=804.384 - 30.467 - 65.403
=708.514

Westgold Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(1945.906-772.81)/2086.595
=0.56

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2294.447 - 348.541
=1945.906

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=879.964 - 65.153 - 42.001
=772.81

* 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 0.56 mean?
Westgold Resources (WGXRF) has a Scaled Net Operating Assets of 0.56 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Westgold Resources and its competitors.
Is Westgold Resources' Scaled Net Operating Assets too high?
Westgold Resources' current Scaled Net Operating Assets is 0.56. Overall, Westgold Resources has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Westgold Resources' Scaled Net Operating Assets compare to NEM and AU?
Westgold Resources' Scaled Net Operating Assets of 0.56 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 Westgold Resources and its competitors. Westgold Resources's current Scaled Net Operating Assets is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westgold Resources stock overvalued right now?
Based on GuruFocus' analysis, Westgold Resources (WGXRF) is currently considered Fairly Valued. The stock's GF Value™ is $3.26, compared to a current price of $3.27 — trading 0.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.56. Westgold Resources' overall GF Score™ is 71/100 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 Westgold Resources (WGXRF), the current Scaled Net Operating Assets is 0.56 as of Dec. 2025. 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 Westgold Resources (WGXRF) Overvalued in 2026?

Based on GuruFocus' analysis, Westgold Resources stock appears to be overvalued. The current stock price of $3.27 is trading 0.3% above its estimated GF Value™ of $3.26. GuruFocus considers Westgold Resources to be Fairly Valued.

Key valuation signals for WGXRF:

  • Scaled Net Operating Assets: 0.56
  • GF Value™: $3.26 vs. price of $3.27 (0.3% above fair value)
  • GF Score™: 71/100 with 5 warning signs

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


Westgold Resources Business Description

Address 200 St Georges Terrace, Level 6, Perth, WA, AUS, 6000
Westgold Resources Ltd is a gold producer with a large and strategic landholding across two of Western Australia's prolific gold regions, the Murchison and the Southern Goldfields. The group has acquired several square kilometers of land holdings and operates multiple underground mines and four processing hubs across these regions. Its reportable segments are: Murchison and Southern Goldfields. The majority of the group's revenue is generated from the Murchison segment, which incorporates the operations of its three processing hubs at Cue, Meekatharra, and Fortnum. The group generates maximum revenue from the sale of gold at spot, and the rest from the sale of silver.
71GF 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.

$3.27
Price
$3.26
GF Value