Aker Horizons ASA (CHIX:AKHO) Scaled Net Operating Assets: 0.11 (As of Jun. 2025)

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CHIX:AKHO Aker Horizons ASA CHIX:AKHO
36 GF Score
Price kr1.49
GF Value kr238.32
! 2 Warning Signs
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What is Aker Horizons ASA Scaled Net Operating Assets?

Aker Horizons ASA CHIX:AKHO 36 Scaled Net Operating Assets is 0.11 as of Jun. 2025. GuruFocus rates CHIX:AKHO with a GF Score™ of 36/100 and a GF Value™ of kr238.32. The stock has 2 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.

Aker Horizons ASA's operating assets for the quarter that ended in Jun. 2025 was kr21,959 Mil. Aker Horizons ASA's operating liabilities for the quarter that ended in Jun. 2025 was kr18,371 Mil. Aker Horizons ASA's Total Assets for the quarter that ended in Dec. 2024 was kr31,312 Mil. Therefore, Aker Horizons ASA's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2025 was 0.11.


Aker Horizons ASA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Aker Horizons ASA'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.

Aker Horizons ASA Scaled Net Operating Assets Chart

Aker Horizons ASA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial 2.74 13.40 0.79 0.51 0.77

Aker Horizons ASA Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.60 0.57 0.77 0.67 0.12

Aker Horizons ASA Scaled Net Operating Assets Competitor Comparison

For the Utilities - Renewable subindustry, Aker Horizons ASA'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.


Aker Horizons ASA Scaled Net Operating Assets vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Aker Horizons ASA's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Aker Horizons ASA's Scaled Net Operating Assets falls into.


CHIX:AKHO
36GF Score
Aker Horizons ASA CHIX:AKHO
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Aker Horizons ASA 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.

Aker Horizons ASA's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(23358-2343)/27232
=0.77

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=31312 - 7954
=23358

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23817 - 18008 - 3466
=2343

Aker Horizons ASA's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2025 )
=(Operating Assets (Q: Jun. 2025 )-Operating Liabilities (Q: Jun. 2025 ))/Total Assets (Q: Dec. 2024 )
=(21959-18371)/31312
=0.11

where

Operating Assets(Q: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21998 - 39
=21959

Operating Liabilities(Q: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19923 - 0 - 1552
=18371

* 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 0.11 mean?
Aker Horizons ASA (CHIX:AKHO) has a Scaled Net Operating Assets of 0.11 as of Jun. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Aker Horizons ASA and its competitors.
Is Aker Horizons ASA's Scaled Net Operating Assets too high?
Aker Horizons ASA's current Scaled Net Operating Assets is 0.11. Overall, Aker Horizons ASA has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Aker Horizons ASA's Scaled Net Operating Assets compare to competitors?
Aker Horizons ASA's Scaled Net Operating Assets of 0.11 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Scaled Net Operating Assets depends on the Utilities - Independent Power Producers 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 Aker Horizons ASA and its competitors. Aker Horizons ASA's current Scaled Net Operating Assets is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aker Horizons ASA stock overvalued right now?
Aker Horizons ASA (CHIX:AKHO) has a current Scaled Net Operating Assets of 0.11. The stock's GF Value™ is kr238.32, compared to a current price of kr1.49 — trading 99.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.11. Aker Horizons ASA's overall GF Score™ is 36/100 with 2 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 Aker Horizons ASA (CHIX:AKHO), the current Scaled Net Operating Assets is 0.11 as of Jun. 2025. 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 Aker Horizons ASA (CHIX:AKHO) Overvalued in 2026?

Based on GuruFocus' analysis, Aker Horizons ASA stock appears to be undervalued. The current stock price of kr1.49 is trading 99.4% below its estimated GF Value™ of kr238.32.

Key valuation signals for CHIX:AKHO:

  • Scaled Net Operating Assets: 0.11
  • GF Value™: kr238.32 vs. price of kr1.49 (99.4% below fair value)
  • GF Score™: 36/100 with 2 warning signs

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


Aker Horizons ASA Business Description

Address John Strandruds vei 10, Baerum, NOR, NO-1366
Aker Horizons ASA is an investment management company. It invests in and develops companies within renewable energy sectors and other technologies that make material contributions to reducing emissions or promoting sustainable living. The company's reportable segments are Aker Carbon Capture (ACC), Asset Development (AAD), Mainstream Renewable Power (Mainstream), Aker Horizons and holdings, and Others. Company operates in Australia, Norway, USA, Korea, Ireland, Chile, South Africa, Indonesia, Colombia, Uk, Germany, and other.
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.

kr1.49
Price
kr238.32
GF Value