Lovisagruvan AB (XSAT:LOVI) Scaled Net Operating Assets: 0.60 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSAT:LOVI Lovisagruvan AB XSAT:LOVI
60 GF Score
Price kr9.74
GF Value kr20.68
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Lovisagruvan AB Scaled Net Operating Assets?

Lovisagruvan AB XSAT:LOVI -3.08% 60 Scaled Net Operating Assets is 0.60 as of Mar. 2026. GuruFocus rates XSAT:LOVI with a GF Score™ of 60/100 and a GF Value™ of kr20.68 (Possible Value Trap). The stock has 6 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.

Lovisagruvan AB's operating assets for the quarter that ended in Mar. 2026 was kr67.90 Mil. Lovisagruvan AB's operating liabilities for the quarter that ended in Mar. 2026 was kr11.50 Mil. Lovisagruvan AB's Total Assets for the quarter that ended in Dec. 2025 was kr93.24 Mil. Therefore, Lovisagruvan AB's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.60.


Lovisagruvan AB Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Lovisagruvan AB'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.

Lovisagruvan AB Scaled Net Operating Assets Chart

Lovisagruvan AB 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 0.38 0.35 0.47 0.43 0.64

Lovisagruvan AB Quarterly Data
Dec20 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 0.58 0.55 0.57 0.73 0.61

Lovisagruvan AB Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Lovisagruvan AB'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.


Lovisagruvan AB Scaled Net Operating Assets vs Metals & Mining Industry

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

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


XSAT:LOVI
60GF Score
Lovisagruvan AB XSAT:LOVI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lovisagruvan AB 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.

Lovisagruvan AB'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 )
=(93.179-30.566)/98.151
=0.64

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=93.235 - 0.056
=93.179

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=45.514 - 9.948 - 5
=30.566

Lovisagruvan AB'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 )
=(67.9-11.5)/93.235
=0.60

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=68 - 0.1
=67.9

* 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 0.60 mean?
Lovisagruvan AB (XSAT:LOVI) has a Scaled Net Operating Assets of 0.60 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 Lovisagruvan AB and its competitors.
Is Lovisagruvan AB's Scaled Net Operating Assets too high?
Lovisagruvan AB's current Scaled Net Operating Assets is 0.60. Overall, Lovisagruvan AB has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lovisagruvan AB's Scaled Net Operating Assets compare to competitors?
Lovisagruvan AB's Scaled Net Operating Assets of 0.60 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 Lovisagruvan AB and its competitors. Lovisagruvan AB's current Scaled Net Operating Assets is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lovisagruvan AB stock overvalued right now?
Based on GuruFocus' analysis, Lovisagruvan AB (XSAT:LOVI) is currently considered Possible Value Trap. The stock's GF Value™ is kr20.68, compared to a current price of kr9.74 — trading 52.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.60. Lovisagruvan AB's overall GF Score™ is 60/100 with 6 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 Lovisagruvan AB (XSAT:LOVI), the current Scaled Net Operating Assets is 0.60 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 Lovisagruvan AB (XSAT:LOVI) Overvalued in 2026?

Based on GuruFocus' analysis, Lovisagruvan AB stock appears to be undervalued. The current stock price of kr9.74 is trading 52.9% below its estimated GF Value™ of kr20.68. GuruFocus considers Lovisagruvan AB to be Possible Value Trap.

Key valuation signals for XSAT:LOVI:

  • Scaled Net Operating Assets: 0.60
  • GF Value™: kr20.68 vs. price of kr9.74 (52.9% below fair value)
  • GF Score™: 60/100 with 6 warning signs

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


Lovisagruvan AB Business Description

Address Lokevagen 21, Djursholm, SWE, 182 61
Lovisagruvan AB is engaged in the mining and prospecting operations in the area of Strassa, Sweden. It operates a deep mine with lead, zinc and silver mineralization in Strassa, Sweden. The company currently has a production rate of approximately 3500 tonnes per month.
60GF Score

Get the complete analysis for XSAT:LOVI

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr9.74
Price
kr20.68
GF Value