Sociedad Comercial del Plata (BUE:COME) Scaled Net Operating Assets: 0.76 (As of Mar. 2026)


BUE:COME Sociedad Comercial del Plata SA BUE:COME
69 GF Score
Price ARS42.28
GF Value ARS61.75
Valuation Possible Value Trap
! 4 Warning Signs
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What is Sociedad Comercial del Plata Scaled Net Operating Assets?

Sociedad Comercial del Plata BUE:COME +1.25% 69 Scaled Net Operating Assets is 0.76 as of Mar. 2026. GuruFocus rates BUE:COME with a GF Score™ of 69/100 and a GF Value™ of ARS61.75 (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.

Sociedad Comercial del Plata's operating assets for the quarter that ended in Mar. 2026 was ARS795,514 Mil. Sociedad Comercial del Plata's operating liabilities for the quarter that ended in Mar. 2026 was ARS195,353 Mil. Sociedad Comercial del Plata's Total Assets for the quarter that ended in Dec. 2025 was ARS787,361 Mil. Therefore, Sociedad Comercial del Plata's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.76.


Sociedad Comercial del Plata Scaled Net Operating Assets Historical Data

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The historical data trend for Sociedad Comercial del Plata'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.

Sociedad Comercial del Plata Scaled Net Operating Assets Chart

Sociedad Comercial del Plata 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 1.11 1.89 1.21 0.81 0.63

Sociedad Comercial del Plata 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 0.72 0.74 0.70 0.76

BUE:COME vs HON, MMM: Scaled Net Operating Assets Comparison

For the Conglomerates subindustry, Sociedad Comercial del Plata'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.


Sociedad Comercial del Plata Scaled Net Operating Assets vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sociedad Comercial del Plata's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Sociedad Comercial del Plata's Scaled Net Operating Assets falls into.


BUE:COME
69GF Score
Sociedad Comercial del Plata SA BUE:COME
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Sociedad Comercial del Plata 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.

Sociedad Comercial del Plata'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 )
=(716971.577-189165.978)/839287.449
=0.63

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=787361.02 - 70389.443
=716971.577

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=228306.818 - 7295.91 - 31844.93
=189165.978

Sociedad Comercial del Plata'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 )
=(795514.133-195353.235)/787361.02
=0.76

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=858474.198 - 62960.065
=795514.133

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=243597.907 - 5314.008 - 42930.664
=195353.235

* 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 0.76 mean?
Sociedad Comercial del Plata (BUE:COME) has a Scaled Net Operating Assets of 0.76 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 Sociedad Comercial del Plata and its competitors.
Is Sociedad Comercial del Plata's Scaled Net Operating Assets too high?
Sociedad Comercial del Plata's current Scaled Net Operating Assets is 0.76. Overall, Sociedad Comercial del Plata has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sociedad Comercial del Plata's Scaled Net Operating Assets compare to HON and MMM?
Sociedad Comercial del Plata's Scaled Net Operating Assets of 0.76 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Scaled Net Operating Assets depends on the Conglomerates 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 Sociedad Comercial del Plata and its competitors. Sociedad Comercial del Plata's current Scaled Net Operating Assets is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sociedad Comercial del Plata stock overvalued right now?
Based on GuruFocus' analysis, Sociedad Comercial del Plata (BUE:COME) is currently considered Possible Value Trap. The stock's GF Value™ is ARS61.75, compared to a current price of ARS42.28 — trading 31.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.76. Sociedad Comercial del Plata's overall GF Score™ is 69/100 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 Sociedad Comercial del Plata (BUE:COME), the current Scaled Net Operating Assets is 0.76 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 Sociedad Comercial del Plata (BUE:COME) Overvalued in 2026?

Based on GuruFocus' analysis, Sociedad Comercial del Plata stock appears to be undervalued. The current stock price of ARS42.28 is trading 31.5% below its estimated GF Value™ of ARS61.75. GuruFocus considers Sociedad Comercial del Plata to be Possible Value Trap.

Key valuation signals for BUE:COME:

  • Scaled Net Operating Assets: 0.76
  • GF Value™: ARS61.75 vs. price of ARS42.28 (31.5% below fair value)
  • GF Score™: 69/100 with 4 warning signs

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


Sociedad Comercial del Plata Business Description

Address 1st Floor, Tower B, Thames Office Park, Pan American Collector, Buenos Aires, ARG, B1607EEV
Sociedad Comercial del Plata SA is an investment holding company. It invests in companies engaged in construction, agribusiness, entertainment, energy, transportation and infrastructure and real estate sectors.
69GF Score

Get the complete analysis for BUE:COME

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

ARS42.28
Price
ARS61.75
GF Value