Afry AB (CHIX:AFRYS) Scaled Net Operating Assets: 0.68 (As of Mar. 2026)


CHIX:AFRYS Afry AB CHIX:AFRYS
66 GF Score
Price kr112.50
GF Value kr160.08
Valuation Possible Value Trap
! 4 Warning Signs
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What is Afry AB Scaled Net Operating Assets?

Afry AB CHIX:AFRYS 66 Scaled Net Operating Assets is 0.68 as of Mar. 2026. GuruFocus rates CHIX:AFRYS with a GF Score™ of 66/100 and a GF Value™ of kr160.08 (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.

Afry AB's operating assets for the quarter that ended in Mar. 2026 was kr26,053 Mil. Afry AB's operating liabilities for the quarter that ended in Mar. 2026 was kr7,590 Mil. Afry AB's Total Assets for the quarter that ended in Dec. 2025 was kr27,040 Mil. Therefore, Afry AB's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.68.


Afry AB Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Afry 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.

Afry AB Scaled Net Operating Assets Chart

Afry AB 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 0.70 0.73 0.68 0.68 0.63

Afry 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 0.67 0.71 0.69 0.66 0.68

CHIX:AFRYS vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, Afry 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.


Afry AB Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Afry AB's Scaled Net Operating Assets distribution charts can be found below:

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


CHIX:AFRYS
66GF Score
Afry AB CHIX:AFRYS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Afry 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.

Afry 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 )
=(25662-7757)/28304
=0.63

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=27040 - 1378
=25662

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14362 - 4452 - 2153
=7757

Afry 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 )
=(26053-7590)/27040
=0.68

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=28182 - 2129
=26053

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15054 - 5545 - 1919
=7590

* 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 0.68 mean?
Afry AB (CHIX:AFRYS) has a Scaled Net Operating Assets of 0.68 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 Afry AB and its competitors.
Is Afry AB's Scaled Net Operating Assets too high?
Afry AB's current Scaled Net Operating Assets is 0.68. Overall, Afry AB has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Afry AB's Scaled Net Operating Assets compare to PWR and FIX?
Afry AB's Scaled Net Operating Assets of 0.68 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Afry AB and its competitors. Afry AB's current Scaled Net Operating Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afry AB stock overvalued right now?
Based on GuruFocus' analysis, Afry AB (CHIX:AFRYS) is currently considered Possible Value Trap. The stock's GF Value™ is kr160.08, compared to a current price of kr112.50 — trading 29.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.68. Afry AB'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 Afry AB (CHIX:AFRYS), the current Scaled Net Operating Assets is 0.68 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 Afry AB (CHIX:AFRYS) Overvalued in 2026?

Based on GuruFocus' analysis, Afry AB stock appears to be undervalued. The current stock price of kr112.50 is trading 29.7% below its estimated GF Value™ of kr160.08. GuruFocus considers Afry AB to be Possible Value Trap.

Key valuation signals for CHIX:AFRYS:

  • Scaled Net Operating Assets: 0.68
  • GF Value™: kr160.08 vs. price of kr112.50 (29.7% below fair value)
  • GF Score™: 66/100 with 4 warning signs

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


Afry AB Business Description

Address Frosundaleden 2, Solna, Stockholm, SWE, SE-169 99
Afry AB is an engineering and consulting firm with projects in energy, industrial, and infrastructure markets. The business divisions of the company includes Hydro, Nuclear, Thermal, Transmission & Distribution, Renewables & Energy Storage, and Management Consulting. It constructs plants and provides market analysis for power generation, manufacturing facilities, and refining chemicals.
66GF Score

Get the complete analysis for CHIX:AFRYS

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

kr112.50
Price
kr160.08
GF Value