BEKSF (NV Bekaert) Scaled Net Operating Assets: 0.60 (As of Dec. 2025)


BEKSF NV Bekaert SA BEKSF
72 GF Score
Price $42.70
GF Value $38.06
! 6 Warning Signs
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What is NV Bekaert Scaled Net Operating Assets?

NV Bekaert BEKSF 72 Scaled Net Operating Assets is 0.60 as of Dec. 2025. GuruFocus rates BEKSF with a GF Score™ of 72/100 and a GF Value™ of $38.06. 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.

NV Bekaert's operating assets for the quarter that ended in Dec. 2025 was $3,834 Mil. NV Bekaert's operating liabilities for the quarter that ended in Dec. 2025 was $1,157 Mil. NV Bekaert's Total Assets for the quarter that ended in Jun. 2025 was $4,492 Mil. Therefore, NV Bekaert's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.60.

NV Bekaert Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for NV Bekaert'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.

NV Bekaert Scaled Net Operating Assets Chart

NV Bekaert 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 0.55 0.53 0.52 0.61 0.61

NV Bekaert Semi-Annual Data
Jun16 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 Premium Member Only 0.54 0.63 0.61 0.66 0.60

BEKSF vs CRS, ATI, MLI: Scaled Net Operating Assets Comparison

For the Metal Fabrication subindustry, NV Bekaert'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.

NV Bekaert Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, NV Bekaert's Scaled Net Operating Assets distribution charts can be found below:

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


BEKSF
72GF Score
NV Bekaert SA BEKSF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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NV Bekaert 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.

NV Bekaert'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 )
=(3834.071-1157.117)/4357.997
=0.61

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4451.923 - 617.852
=3834.071

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1996.022 - 436.023 - 402.882
=1157.117

NV Bekaert'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 )
=(3834.071-1157.117)/4491.991
=0.60

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4451.923 - 617.852
=3834.071

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1996.022 - 436.023 - 402.882
=1157.117

* 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?
NV Bekaert (BEKSF) has a Scaled Net Operating Assets of 0.60 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 NV Bekaert and its competitors.
Is NV Bekaert's Scaled Net Operating Assets too high?
NV Bekaert's current Scaled Net Operating Assets is 0.60. Overall, NV Bekaert has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does NV Bekaert's Scaled Net Operating Assets compare to CRS and ATI?
NV Bekaert's Scaled Net Operating Assets of 0.60 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 NV Bekaert and its competitors. NV Bekaert'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 NV Bekaert stock overvalued right now?
NV Bekaert (BEKSF) has a current Scaled Net Operating Assets of 0.60. The stock's GF Value™ is $38.06, compared to a current price of $42.70 — trading 12.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.60. NV Bekaert's overall GF Score™ is 72/100 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 NV Bekaert (BEKSF), the current Scaled Net Operating Assets is 0.60 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 NV Bekaert (BEKSF) Overvalued in 2026?

Based on GuruFocus' analysis, NV Bekaert stock appears to be overvalued. The current stock price of $42.70 is trading 12.2% above its estimated GF Value™ of $38.06.

Key valuation signals for BEKSF:

  • Scaled Net Operating Assets: 0.60
  • GF Value™: $38.06 vs. price of $42.70 (12.2% above fair value)
  • GF Score™: 72/100 with 6 warning signs

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

NV Bekaert Business Description

Address Bekaertstraat 2, Zwevegem, BEL, BE-8550
NV Bekaert SA uses metal treatment technologies to deliver a portfolio of steel wire products and coating solutions to customers. It operates in four segments: rubber reinforcement, steel wire solutions, specialty businesses, and Bridon-Bekaert Ropes Group. The company's products help reduce friction, improve corrosion resistance, and enhance adhesion with other materials. Bekaert's offerings are used across sectors such as automotive, construction, energy, agriculture, and consumer goods. The company operates in China, the USA, Belgium, India, Slovakia, and other countries. The majority of revenue is from international (Others).
72GF 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.

$42.70
Price
$38.06
GF Value