CDOAF (Cdon AB) Scaled Net Operating Assets: 0.55 (As of Mar. 2026)


CDOAF Cdon AB CDOAF
68 GF Score
Price $7.45
GF Value $7.84
Valuation Fairly Valued
! 3 Warning Signs
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What is Cdon AB Scaled Net Operating Assets?

Cdon AB CDOAF 68 Scaled Net Operating Assets is 0.55 as of Mar. 2026. GuruFocus rates CDOAF with a GF Score™ of 68/100 and a GF Value™ of $7.84 (Fairly Valued). The stock has 3 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.

Cdon AB's operating assets for the quarter that ended in Mar. 2026 was $64.37 Mil. Cdon AB's operating liabilities for the quarter that ended in Mar. 2026 was $17.08 Mil. Cdon AB's Total Assets for the quarter that ended in Dec. 2025 was $86.34 Mil. Therefore, Cdon AB's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.55.


Cdon AB Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Cdon AB'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.

Cdon AB Scaled Net Operating Assets Chart

Cdon AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial -0.02 -0.19 2.30 0.43 0.56

Cdon AB 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 0.60 0.64 0.65 0.56 0.55

CDOAF vs AMZN, BABA, PDD: Scaled Net Operating Assets Comparison

For the Internet Retail subindustry, Cdon AB'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.


Cdon AB Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Cdon AB's Scaled Net Operating Assets distribution charts can be found below:

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


CDOAF
68GF Score
Cdon AB CDOAF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Cdon AB 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.

Cdon AB'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 )
=(70.243-25.997)/78.716
=0.56

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=86.34 - 16.097
=70.243

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=25.997 - 0 - 0
=25.997

Cdon AB'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 )
=(64.365-17.076)/86.34
=0.55

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=74.711 - 10.346
=64.365

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17.076 - 0 - 0
=17.076

* 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 0.55 mean?
Cdon AB (CDOAF) has a Scaled Net Operating Assets of 0.55 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 Cdon AB and its competitors.
Is Cdon AB's Scaled Net Operating Assets too high?
Cdon AB's current Scaled Net Operating Assets is 0.55. Overall, Cdon AB has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cdon AB's Scaled Net Operating Assets compare to AMZN and BABA?
Cdon AB's Scaled Net Operating Assets of 0.55 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 Cdon AB and its competitors. Cdon AB's current Scaled Net Operating Assets is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cdon AB stock overvalued right now?
Based on GuruFocus' analysis, Cdon AB (CDOAF) is currently considered Fairly Valued. The stock's GF Value™ is $7.84, compared to a current price of $7.45 — trading 5% below its estimated fair value. The current Scaled Net Operating Assets is 0.55. Cdon AB's overall GF Score™ is 68/100 with 3 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 Cdon AB (CDOAF), the current Scaled Net Operating Assets is 0.55 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 Cdon AB (CDOAF) Overvalued in 2026?

Based on GuruFocus' analysis, Cdon AB stock appears to be undervalued. The current stock price of $7.45 is trading 5% below its estimated GF Value™ of $7.84. GuruFocus considers Cdon AB to be Fairly Valued.

Key valuation signals for CDOAF:

  • Scaled Net Operating Assets: 0.55
  • GF Value™: $7.84 vs. price of $7.45 (5% below fair value)
  • GF Score™: 68/100 with 3 warning signs

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


Cdon AB Business Description

Other Exchanges CDON:Sweden64W:Germany
Address Ynglingagatan 16, Stockholm, SWE, 113 47
Cdon AB is a Sweden-based company that operates an online marketplace platform. Through its platform, external merchants sell products to consumers in the Nordic region, allowing customers to browse and compare products. The company also supports merchants with services such as pricing tools, product content enhancement, integrations, and analytics. In addition, the company conducts retail sales through its own operations, including warehouse-based sales and dropshipping.
68GF 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.

$7.45
Price
$7.84
GF Value