NORMA Group SE (CHIX:NOEJD) Scaled Net Operating Assets: 0.29 (As of Mar. 2026)


CHIX:NOEJD NORMA Group SE CHIX:NOEJD
70 GF Score
Price €14.68
GF Value €10.63
! 6 Warning Signs
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What is NORMA Group SE Scaled Net Operating Assets?

NORMA Group SE CHIX:NOEJD 70 Scaled Net Operating Assets is 0.29 as of Mar. 2026. GuruFocus rates CHIX:NOEJD with a GF Score™ of 70/100 and a GF Value™ of €10.63. The stock has 6 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.

NORMA Group SE's operating assets for the quarter that ended in Mar. 2026 was €744.2 Mil. NORMA Group SE's operating liabilities for the quarter that ended in Mar. 2026 was €387.2 Mil. NORMA Group SE's Total Assets for the quarter that ended in Dec. 2025 was €1,250.7 Mil. Therefore, NORMA Group SE's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.29.


NORMA Group SE Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for NORMA Group SE'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.

NORMA Group SE Scaled Net Operating Assets Chart

NORMA Group SE 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 0.69 0.70 0.66 0.70 0.60

NORMA Group SE 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 0.71 0.68 0.65 0.67 0.29

CHIX:NOEJD vs CRS, ATI, MLI: Scaled Net Operating Assets Comparison

For the Metal Fabrication subindustry, NORMA Group SE'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.


NORMA Group SE Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, NORMA Group SE's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where NORMA Group SE's Scaled Net Operating Assets falls into.


CHIX:NOEJD
70GF Score
NORMA Group SE CHIX:NOEJD
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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NORMA Group SE 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.

NORMA Group SE'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 )
=(1163.454-296.765)/1436.628
=0.60

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1250.738 - 87.284
=1163.454

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=686.603 - 41.681 - 348.157
=296.765

NORMA Group SE'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 )
=(744.154-387.195)/1250.738
=0.29

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1347.467 - 603.313
=744.154

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=475.898 - 41.354 - 47.349
=387.195

* 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 0.29 mean?
NORMA Group SE (CHIX:NOEJD) has a Scaled Net Operating Assets of 0.29 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 NORMA Group SE and its competitors.
Is NORMA Group SE's Scaled Net Operating Assets too high?
NORMA Group SE's current Scaled Net Operating Assets is 0.29. Overall, NORMA Group SE has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does NORMA Group SE's Scaled Net Operating Assets compare to CRS and ATI?
NORMA Group SE's Scaled Net Operating Assets of 0.29 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 NORMA Group SE and its competitors. NORMA Group SE's current Scaled Net Operating Assets is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NORMA Group SE stock overvalued right now?
NORMA Group SE (CHIX:NOEJD) has a current Scaled Net Operating Assets of 0.29. The stock's GF Value™ is €10.63, compared to a current price of €14.68 — trading 38.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.29. NORMA Group SE's overall GF Score™ is 70/100 with 6 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 NORMA Group SE (CHIX:NOEJD), the current Scaled Net Operating Assets is 0.29 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 NORMA Group SE (CHIX:NOEJD) Overvalued in 2026?

Based on GuruFocus' analysis, NORMA Group SE stock appears to be overvalued. The current stock price of €14.68 is trading 38.1% above its estimated GF Value™ of €10.63.

Key valuation signals for CHIX:NOEJD:

  • Scaled Net Operating Assets: 0.29
  • GF Value™: €10.63 vs. price of €14.68 (38.1% above fair value)
  • GF Score™: 70/100 with 6 warning signs

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


NORMA Group SE Business Description

Address Edisonstrasse 4, Maintal, DEU, 63477
NORMA Group SE manufactures a wide range of joining technology solutions. Its product offerings include hose clamps, heavy-duty clamps, ear clips, cable ties, pipe couplings, plast connectors, etc. The products are used in various industries and can be found in vehicles, household appliances, engines, plumbing systems, and medical fields. The company's operations are managed in three regional reportable segments: EMEA (Europe, Middle East, Africa), the Americas (North, Central, and South America), and Asia-Pacific (East Asia, Southeast Asia, Australia, and Oceania). The majority of its revenue is generated from the EMEA region.
70GF 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.

€14.68
Price
€10.63
GF Value