A3 Mercados (BUE:A3) Scaled Net Operating Assets: 0.35 (As of Mar. 2026)


What is A3 Mercados Scaled Net Operating Assets?

A3 Mercados BUE:A3 Scaled Net Operating Assets is 0.35 as of Mar. 2026. 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.

A3 Mercados's operating assets for the quarter that ended in Mar. 2026 was ARS587,144 Mil. A3 Mercados's operating liabilities for the quarter that ended in Mar. 2026 was ARS247,459 Mil. A3 Mercados's Total Assets for the quarter that ended in Dec. 2025 was ARS973,551 Mil. Therefore, A3 Mercados's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.35.

A3 Mercados Scaled Net Operating Assets Historical Data

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The historical data trend for A3 Mercados'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.

A3 Mercados Scaled Net Operating Assets Chart

A3 Mercados Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.13 -0.14 -0.68 -0.16 -0.02

A3 Mercados 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 0.85 0.44 0.34 0.32 0.35

BUE:A3 vs SPGI, CME, ICE: Scaled Net Operating Assets Comparison

For the Financial Data & Stock Exchanges subindustry, A3 Mercados'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.

A3 Mercados Scaled Net Operating Assets vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, A3 Mercados's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where A3 Mercados's Scaled Net Operating Assets falls into.


A3 Mercados 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.

A3 Mercados's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2024 )
=(Operating Assets (A: Jun. 2024 )-Operating Liabilities (A: Jun. 2024 ))/Total Assets (A: Jun. 2023 )
=(123234-128397.08)/258040.434
=-0.02

where

Operating Assets(A: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=340356 - 217122
=123234

Operating Liabilities(A: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=134499.08 - 4386 - 1716
=128397.08

A3 Mercados'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 )
=(587144-247459)/973551
=0.35

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1026187 - 439043
=587144

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=252340 - 2553 - 2328
=247459

* 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 0.35 mean?
A3 Mercados (BUE:A3) has a Scaled Net Operating Assets of 0.35 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 A3 Mercados and its competitors.
Is A3 Mercados' Scaled Net Operating Assets too high?
A3 Mercados' current Scaled Net Operating Assets is 0.35.
How does A3 Mercados' Scaled Net Operating Assets compare to SPGI and CME?
A3 Mercados' Scaled Net Operating Assets of 0.35 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 A3 Mercados and its competitors. A3 Mercados's current Scaled Net Operating Assets is 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A3 Mercados stock overvalued right now?
A3 Mercados (BUE:A3) has a current Scaled Net Operating Assets of 0.35. The stock's GF Value™ is ARS759.93, compared to a current price of ARS2,215.00 — trading 191.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.35. 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 A3 Mercados (BUE:A3), the current Scaled Net Operating Assets is 0.35 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.

A3 Mercados Business Description

Address Paraguay 777 Piso 15, Rosario, ARG
Matba Rofex Sociedad Anonima is an agricultural futures and options Exchange in Latin America. Approximately, more than 75 members trade futures and options contracts on agricultural commodities using the open outcry system or company's electronic platform. The company registers, guarantees, clears and settles every contract traded at the Exchange. It also offers through Fundación MATba a large number of educational and training programs. These programs cover a range of topics involving derivatives, strategies and back office administration, among others.