Ashtead Technology Holdings (CHIX:ATL) Scaled Net Operating Assets: 0.81 (As of Dec. 2025)


CHIX:ATL Ashtead Technology Holdings PLC CHIX:ATL
63 GF Score
Price £4.11
GF Value £8.82
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Ashtead Technology Holdings Scaled Net Operating Assets?

Ashtead Technology Holdings CHIX:ATL -0.73% 63 Scaled Net Operating Assets is 0.81 as of Dec. 2025. GuruFocus rates CHIX:ATL with a GF Score™ of 63/100 and a GF Value™ of £8.82 (Significantly Undervalued). 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.

Ashtead Technology Holdings's operating assets for the quarter that ended in Dec. 2025 was £309.2 Mil. Ashtead Technology Holdings's operating liabilities for the quarter that ended in Dec. 2025 was £43.2 Mil. Ashtead Technology Holdings's Total Assets for the quarter that ended in Jun. 2025 was £326.5 Mil. Therefore, Ashtead Technology Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.81.


Ashtead Technology Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Ashtead Technology Holdings'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.

Ashtead Technology Holdings Scaled Net Operating Assets Chart

Ashtead Technology Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.84 1.05 1.17 1.20 0.85

Ashtead Technology Holdings Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.13 0.85 1.12 0.86 0.82

CHIX:ATL vs SLB, BKR, HAL: Scaled Net Operating Assets Comparison

For the Oil & Gas Equipment & Services subindustry, Ashtead Technology Holdings'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.


Ashtead Technology Holdings Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ashtead Technology Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Ashtead Technology Holdings's Scaled Net Operating Assets falls into.


CHIX:ATL
63GF Score
Ashtead Technology Holdings PLC CHIX:ATL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashtead Technology Holdings 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.

Ashtead Technology Holdings'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 )
=(309.2-43.203)/313.603
=0.85

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=323.273 - 14.073
=309.2

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=166.185 - 121.265 - 1.717
=43.203

Ashtead Technology Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(309.2-43.203)/326.463
=0.81

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=323.273 - 14.073
=309.2

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=166.185 - 121.265 - 1.717
=43.203

* 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 0.81 mean?
Ashtead Technology Holdings (CHIX:ATL) has a Scaled Net Operating Assets of 0.81 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Ashtead Technology Holdings and its competitors.
Is Ashtead Technology Holdings' Scaled Net Operating Assets too high?
Ashtead Technology Holdings' current Scaled Net Operating Assets is 0.81. Overall, Ashtead Technology Holdings has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashtead Technology Holdings' Scaled Net Operating Assets compare to SLB and BKR?
Ashtead Technology Holdings' Scaled Net Operating Assets of 0.81 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas 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 Ashtead Technology Holdings and its competitors. Ashtead Technology Holdings's current Scaled Net Operating Assets is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashtead Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ashtead Technology Holdings (CHIX:ATL) is currently considered Significantly Undervalued. The stock's GF Value™ is £8.82, compared to a current price of £4.11 — trading 53.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.81. Ashtead Technology Holdings' overall GF Score™ is 63/100 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 Ashtead Technology Holdings (CHIX:ATL), the current Scaled Net Operating Assets is 0.81 as of Dec. 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 Ashtead Technology Holdings (CHIX:ATL) Overvalued in 2026?

Based on GuruFocus' analysis, Ashtead Technology Holdings stock appears to be undervalued. The current stock price of £4.11 is trading 53.5% below its estimated GF Value™ of £8.82. GuruFocus considers Ashtead Technology Holdings to be Significantly Undervalued.

Key valuation signals for CHIX:ATL:

  • Scaled Net Operating Assets: 0.81
  • GF Value™: £8.82 vs. price of £4.11 (53.5% below fair value)
  • GF Score™: 63/100 with 2 warning signs

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


Ashtead Technology Holdings Business Description

Industry EnergyOil & Gas
Other Exchanges AT.:UKY9R:Germany
Address Ashtead House, Discovery Drive, Westhill, Aberdeenshire, GBR, AB32 6FG
Ashtead Technology Holdings PLC is a subsea equipment rental and solutions organization supporting the installation, inspection, maintenance, repair, and decommissioning of infrastructure across the offshore energy industry. Its service offering is applicable across the lifecycle of offshore wind farms and offshore oil and gas infrastructure. The company operates in the following four geographic regions, which have been determined as the Group's reportable segments. The operations of each geographic region are similar: Europe, which generates maximum revenue, the Americas, Asia-Pacific, and the Middle East.
63GF 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.

£4.11
Price
£8.82
GF Value