Santierul Naval Orsova (BSE:SNO) Scaled Net Operating Assets: 0.46 (As of Mar. 2026)

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BSE:SNO Santierul Naval Orsova SA BSE:SNO
66 GF Score
Price lei30.80
GF Value lei9.64
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Santierul Naval Orsova Scaled Net Operating Assets?

Santierul Naval Orsova BSE:SNO -3.14% 66 Scaled Net Operating Assets is 0.46 as of Mar. 2026. GuruFocus rates BSE:SNO with a GF Score™ of 66/100 and a GF Value™ of lei9.64 (Significantly Overvalued). The stock has 4 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.

Santierul Naval Orsova's operating assets for the quarter that ended in Mar. 2026 was lei94.4 Mil. Santierul Naval Orsova's operating liabilities for the quarter that ended in Mar. 2026 was lei35.4 Mil. Santierul Naval Orsova's Total Assets for the quarter that ended in Dec. 2025 was lei127.6 Mil. Therefore, Santierul Naval Orsova's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.46.


Santierul Naval Orsova Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Santierul Naval Orsova'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.

Santierul Naval Orsova Scaled Net Operating Assets Chart

Santierul Naval Orsova 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 0.64 0.63 0.60 0.67 0.60

Santierul Naval Orsova Quarterly Data
Jun21 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 0.57 0.53 0.57 0.58 0.46

BSE:SNO vs SPCX, GE, RTX: Scaled Net Operating Assets Comparison

For the Aerospace & Defense subindustry, Santierul Naval Orsova'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.


Santierul Naval Orsova Scaled Net Operating Assets vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Santierul Naval Orsova's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Santierul Naval Orsova's Scaled Net Operating Assets falls into.


BSE:SNO
66GF Score
Santierul Naval Orsova SA BSE:SNO
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Santierul Naval Orsova 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.

Santierul Naval Orsova'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 )
=(97.515-30.378)/112.636
=0.60

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=127.569 - 30.054
=97.515

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=32.9 - 2.522 - 0
=30.378

Santierul Naval Orsova'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 )
=(94.36-35.357)/127.569
=0.46

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=135.792 - 41.432
=94.36

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=35.357 - 0 - 0
=35.357

* 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 0.46 mean?
Santierul Naval Orsova (BSE:SNO) has a Scaled Net Operating Assets of 0.46 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 Santierul Naval Orsova and its competitors.
Is Santierul Naval Orsova's Scaled Net Operating Assets too high?
Santierul Naval Orsova's current Scaled Net Operating Assets is 0.46. Overall, Santierul Naval Orsova has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Santierul Naval Orsova's Scaled Net Operating Assets compare to SPCX and GE?
Santierul Naval Orsova's Scaled Net Operating Assets of 0.46 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Scaled Net Operating Assets depends on the Aerospace & Defense 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 Santierul Naval Orsova and its competitors. Santierul Naval Orsova's current Scaled Net Operating Assets is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Santierul Naval Orsova stock overvalued right now?
Based on GuruFocus' analysis, Santierul Naval Orsova (BSE:SNO) is currently considered Significantly Overvalued. The stock's GF Value™ is lei9.64, compared to a current price of lei30.80 — trading 219.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.46. Santierul Naval Orsova's overall GF Score™ is 66/100 with 4 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 Santierul Naval Orsova (BSE:SNO), the current Scaled Net Operating Assets is 0.46 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 Santierul Naval Orsova (BSE:SNO) Overvalued in 2026?

Based on GuruFocus' analysis, Santierul Naval Orsova stock appears to be overvalued. The current stock price of lei30.80 is trading 219.5% above its estimated GF Value™ of lei9.64. GuruFocus considers Santierul Naval Orsova to be Significantly Overvalued.

Key valuation signals for BSE:SNO:

  • Scaled Net Operating Assets: 0.46
  • GF Value™: lei9.64 vs. price of lei30.80 (219.5% above fair value)
  • GF Score™: 66/100 with 4 warning signs

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


Santierul Naval Orsova Business Description

Address Tufari Street, Number 4, Orsova, Mehedinti, ROU, 225200
Santierul Naval Orsova SA is engaged in the construction and repair of ships and floating structures. The company's two main activities are the Construction of ship hulls, which are intended for export, and the provision of vessels reparation services, for the internal and external market. Its product portfolio includes barges, container hulls, pontoons, tankers, hopper barges and pusher vessels.
66GF Score

Get the complete analysis for BSE:SNO

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

lei30.80
Price
lei9.64
GF Value