Inepar Industria e Construcoes (BSP:INEP4) Scaled Net Operating Assets: -2.02 (As of Mar. 2026)


BSP:INEP4 Inepar SA Industria e Construcoes BSP:INEP4
36 GF Score
Price R$2.05
GF Value R$3.24
Valuation Possible Value Trap
! 4 Warning Signs
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What is Inepar Industria e Construcoes Scaled Net Operating Assets?

Inepar Industria e Construcoes BSP:INEP4 -0.97% 36 Scaled Net Operating Assets is -2.02 as of Mar. 2026. GuruFocus rates BSP:INEP4 with a GF Score™ of 36/100 and a GF Value™ of R$3.24 (Possible Value Trap). 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.

Inepar Industria e Construcoes's operating assets for the quarter that ended in Mar. 2026 was R$348.42 Mil. Inepar Industria e Construcoes's operating liabilities for the quarter that ended in Mar. 2026 was R$1,097.42 Mil. Inepar Industria e Construcoes's Total Assets for the quarter that ended in Dec. 2025 was R$370.59 Mil. Therefore, Inepar Industria e Construcoes's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -2.02.


Inepar Industria e Construcoes Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Inepar Industria e Construcoes'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.

Inepar Industria e Construcoes Scaled Net Operating Assets Chart

Inepar Industria e Construcoes 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 -0.26 -0.43 -0.10 -0.32 -0.77

Inepar Industria e Construcoes 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 -0.44 -0.78 -1.33 -1.76 -2.02

BSP:INEP4 vs GEV, ETN, PH: Scaled Net Operating Assets Comparison

For the Specialty Industrial Machinery subindustry, Inepar Industria e Construcoes'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.


Inepar Industria e Construcoes Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Inepar Industria e Construcoes's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Inepar Industria e Construcoes's Scaled Net Operating Assets falls into.


BSP:INEP4
36GF Score
Inepar SA Industria e Construcoes BSP:INEP4
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Inepar Industria e Construcoes 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.

Inepar Industria e Construcoes'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 )
=(353.271-1068.175)/932.845
=-0.77

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=370.591 - 17.32
=353.271

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2068.87 - 500.627 - 500.068
=1068.175

Inepar Industria e Construcoes'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 )
=(348.424-1097.418)/370.591
=-2.02

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=348.839 - 0.415
=348.424

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2114.953 - 501.909 - 515.626
=1097.418

* 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 -2.02 mean?
Inepar Industria e Construcoes (BSP:INEP4) has a Scaled Net Operating Assets of -2.02 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 Inepar Industria e Construcoes and its competitors.
Is Inepar Industria e Construcoes' Scaled Net Operating Assets too high?
Inepar Industria e Construcoes' current Scaled Net Operating Assets is -2.02. Overall, Inepar Industria e Construcoes has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Inepar Industria e Construcoes' Scaled Net Operating Assets compare to GEV and ETN?
Inepar Industria e Construcoes' Scaled Net Operating Assets of -2.02 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 Inepar Industria e Construcoes and its competitors. Inepar Industria e Construcoes's current Scaled Net Operating Assets is -2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inepar Industria e Construcoes stock overvalued right now?
Based on GuruFocus' analysis, Inepar Industria e Construcoes (BSP:INEP4) is currently considered Possible Value Trap. The stock's GF Value™ is R$3.24, compared to a current price of R$2.05 — trading 36.7% below its estimated fair value. The current Scaled Net Operating Assets is -2.02. Inepar Industria e Construcoes' overall GF Score™ is 36/100 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 Inepar Industria e Construcoes (BSP:INEP4), the current Scaled Net Operating Assets is -2.02 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 Inepar Industria e Construcoes (BSP:INEP4) Overvalued in 2026?

Based on GuruFocus' analysis, Inepar Industria e Construcoes stock appears to be undervalued. The current stock price of R$2.05 is trading 36.7% below its estimated GF Value™ of R$3.24. GuruFocus considers Inepar Industria e Construcoes to be Possible Value Trap.

Key valuation signals for BSP:INEP4:

  • Scaled Net Operating Assets: -2.02
  • GF Value™: R$3.24 vs. price of R$2.05 (36.7% below fair value)
  • GF Score™: 36/100 with 4 warning signs

No single metric tells the full story. See the BSP:INEP4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inepar Industria e Construcoes Business Description

Other Exchanges INEP3:Brazil
Address Al Dos Jurupis 455, 10th Floor, Sao Paulo, SP, BRA, 4088001
Inepar SA Industria e Construcoes, together with its subsidiaries, is engaged in creating solutions, manufacture, and supply of capital goods, equipment, and services for the generation, transmission and distribution of electricity, among others.
36GF 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.

R$2.05
Price
R$3.24
GF Value