North Atlantic Energies (CHIX:NAEP) Scaled Net Operating Assets: 0.33 (As of Dec. 2025)


CHIX:NAEP North Atlantic Energies CHIX:NAEP
66 GF Score
Price €59.03
GF Value €57.59
Valuation Fairly Valued
! 5 Warning Signs
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What is North Atlantic Energies Scaled Net Operating Assets?

North Atlantic Energies CHIX:NAEP 66 Scaled Net Operating Assets is 0.33 as of Dec. 2025. GuruFocus rates CHIX:NAEP with a GF Score™ of 66/100 and a GF Value™ of €57.59 (Fairly Valued). The stock has 5 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.

North Atlantic Energies's operating assets for the quarter that ended in Dec. 2025 was €2,789 Mil. North Atlantic Energies's operating liabilities for the quarter that ended in Dec. 2025 was €1,413 Mil. North Atlantic Energies's Total Assets for the quarter that ended in Jun. 2025 was €4,112 Mil. Therefore, North Atlantic Energies's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.33.


North Atlantic Energies Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for North Atlantic Energies'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.

North Atlantic Energies Scaled Net Operating Assets Chart

North Atlantic Energies 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 0.16 0.65 0.30 0.16 0.30

North Atlantic Energies Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.25 0.16 0.04 0.34

CHIX:NAEP vs VLO, MPC, PSX: Scaled Net Operating Assets Comparison

For the Oil & Gas Refining & Marketing subindustry, North Atlantic Energies'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.


North Atlantic Energies Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, North Atlantic Energies's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where North Atlantic Energies's Scaled Net Operating Assets falls into.


CHIX:NAEP
66GF Score
North Atlantic Energies CHIX:NAEP
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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North Atlantic Energies 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.

North Atlantic Energies'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 )
=(2788.8-1413.3)/4524.6
=0.30

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2988.8 - 200
=2788.8

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2242.9 - 4.1 - 825.5
=1413.3

North Atlantic Energies'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 )
=(2788.8-1413.3)/4111.6
=0.33

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2988.8 - 200
=2788.8

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2242.9 - 4.1 - 825.5
=1413.3

* 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 0.33 mean?
North Atlantic Energies (CHIX:NAEP) has a Scaled Net Operating Assets of 0.33 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 North Atlantic Energies and its competitors.
Is North Atlantic Energies' Scaled Net Operating Assets too high?
North Atlantic Energies' current Scaled Net Operating Assets is 0.33. Overall, North Atlantic Energies has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does North Atlantic Energies' Scaled Net Operating Assets compare to VLO and MPC?
North Atlantic Energies' Scaled Net Operating Assets of 0.33 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 North Atlantic Energies and its competitors. North Atlantic Energies's current Scaled Net Operating Assets is 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Atlantic Energies stock overvalued right now?
Based on GuruFocus' analysis, North Atlantic Energies (CHIX:NAEP) is currently considered Fairly Valued. The stock's GF Value™ is €57.59, compared to a current price of €59.03 — trading 2.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.33. North Atlantic Energies' overall GF Score™ is 66/100 with 5 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 North Atlantic Energies (CHIX:NAEP), the current Scaled Net Operating Assets is 0.33 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 North Atlantic Energies (CHIX:NAEP) Overvalued in 2026?

Based on GuruFocus' analysis, North Atlantic Energies stock appears to be overvalued. The current stock price of €59.03 is trading 2.5% above its estimated GF Value™ of €57.59. GuruFocus considers North Atlantic Energies to be Fairly Valued.

Key valuation signals for CHIX:NAEP:

  • Scaled Net Operating Assets: 0.33
  • GF Value™: €57.59 vs. price of €59.03 (2.5% above fair value)
  • GF Score™: 66/100 with 5 warning signs

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


North Atlantic Energies Business Description

Industry EnergyOil & Gas
Address 20 rue Paul Heroult, Nanterre, FRA, 92000
North Atlantic Energies operates within the downstream oil sector in France. The company supplies products used in various sectors of modern society and participates in efforts to reduce the carbon impact of its activities. Its offerings include: Petrol, Diesel, Heating Oil, Marine Fuels, Jet Fuels.
66GF Score

Get the complete analysis for CHIX:NAEP

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

€59.03
Price
€57.59
GF Value