Salmon Evolution ASA (CHIX:SALMEO) Scaled Net Operating Assets: 0.98 (As of Mar. 2026)


CHIX:SALMEO Salmon Evolution ASA CHIX:SALMEO
34 GF Score
Price kr7.71
GF Value kr14.81
! 6 Warning Signs
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What is Salmon Evolution ASA Scaled Net Operating Assets?

Salmon Evolution ASA CHIX:SALMEO 34 Scaled Net Operating Assets is 0.98 as of Mar. 2026. GuruFocus rates CHIX:SALMEO with a GF Score™ of 34/100 and a GF Value™ of kr14.81. 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.

Salmon Evolution ASA's operating assets for the quarter that ended in Mar. 2026 was kr4,388.2 Mil. Salmon Evolution ASA's operating liabilities for the quarter that ended in Mar. 2026 was kr256.2 Mil. Salmon Evolution ASA's Total Assets for the quarter that ended in Dec. 2025 was kr4,215.6 Mil. Therefore, Salmon Evolution ASA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.98.


Salmon Evolution ASA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Salmon Evolution 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.

Salmon Evolution ASA Scaled Net Operating Assets Chart

Salmon Evolution ASA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 1.14 1.10 0.96 0.94 1.20

Salmon Evolution ASA 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 0.87 0.88 0.99 1.00 0.98

CHIX:SALMEO vs ADM, BG, TSN: Scaled Net Operating Assets Comparison

For the Farm Products subindustry, Salmon Evolution 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.


Salmon Evolution ASA Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Salmon Evolution ASA's Scaled Net Operating Assets distribution charts can be found below:

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


CHIX:SALMEO
34GF Score
Salmon Evolution ASA CHIX:SALMEO
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Salmon Evolution 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.

Salmon Evolution ASA'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 )
=(4056.221-232.06)/3184.348
=1.20

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4215.607 - 159.386
=4056.221

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2152.934 - 1575.316 - 345.558
=232.06

Salmon Evolution ASA'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 )
=(4388.204-256.205)/4215.607
=0.98

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4525.498 - 137.294
=4388.204

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2501.241 - 46.414 - 2198.622
=256.205

* 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 0.98 mean?
Salmon Evolution ASA (CHIX:SALMEO) has a Scaled Net Operating Assets of 0.98 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 Salmon Evolution ASA and its competitors.
Is Salmon Evolution ASA's Scaled Net Operating Assets too high?
Salmon Evolution ASA's current Scaled Net Operating Assets is 0.98. Overall, Salmon Evolution ASA has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Salmon Evolution ASA's Scaled Net Operating Assets compare to ADM and BG?
Salmon Evolution ASA's Scaled Net Operating Assets of 0.98 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 Salmon Evolution ASA and its competitors. Salmon Evolution ASA's current Scaled Net Operating Assets is 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salmon Evolution ASA stock overvalued right now?
Salmon Evolution ASA (CHIX:SALMEO) has a current Scaled Net Operating Assets of 0.98. The stock's GF Value™ is kr14.81, compared to a current price of kr7.71 — trading 47.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.98. Salmon Evolution ASA's overall GF Score™ is 34/100 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 Salmon Evolution ASA (CHIX:SALMEO), the current Scaled Net Operating Assets is 0.98 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 Salmon Evolution ASA (CHIX:SALMEO) Overvalued in 2026?

Based on GuruFocus' analysis, Salmon Evolution ASA stock appears to be undervalued. The current stock price of kr7.71 is trading 47.9% below its estimated GF Value™ of kr14.81.

Key valuation signals for CHIX:SALMEO:

  • Scaled Net Operating Assets: 0.98
  • GF Value™: kr14.81 vs. price of kr7.71 (47.9% below fair value)
  • GF Score™: 34/100 with 6 warning signs

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


Salmon Evolution ASA Business Description

Address Torget 5, Elnesvagen, Hustadvika, NOR, 6440
Salmon Evolution ASA is a land-based salmon farming company in Norway that uses hybrid flow-through system technology. Its production facility is in Indre Haroy, Norway, providing access to an experienced workforce, established infrastructure, renewable energy, and unlimited fresh seawater. The company has two reportable segments, which are Farming Norway and Other. Farming Norway includes Salmon Evolution Norway AS, Salmon Evolution Dale AS, and Salmon Evolution Sales AS, while the Other segment covers revenue and costs not attributable to the farming segment.
34GF 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.

kr7.71
Price
kr14.81
GF Value