CSTM (Constellium SE) Scaled Net Operating Assets: 0.55 (As of Mar. 2026)


CSTM Constellium SE CSTM
73 GF Score
Price $33.51
GF Value $20.06
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Constellium SE Scaled Net Operating Assets?

Constellium SE CSTM +2.60% 73 Scaled Net Operating Assets is 0.55 as of Mar. 2026. GuruFocus rates CSTM with a GF Score™ of 73/100 and a GF Value™ of $20.06 (Significantly Overvalued). The stock has 4 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.

Constellium SE's operating assets for the quarter that ended in Mar. 2026 was $5,702 Mil. Constellium SE's operating liabilities for the quarter that ended in Mar. 2026 was $2,740 Mil. Constellium SE's Total Assets for the quarter that ended in Dec. 2025 was $5,354 Mil. Therefore, Constellium SE's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.55.

Constellium SE Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Constellium 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.

Constellium SE Scaled Net Operating Assets Chart

Constellium 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 0.50 0.54 0.47 0.51 0.59

Constellium 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 0.57 0.55 0.54 0.52 0.55

CSTM vs KALU, CENX, AA: Scaled Net Operating Assets Comparison

For the Aluminum subindustry, Constellium 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.

Constellium SE Scaled Net Operating Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Constellium SE's Scaled Net Operating Assets distribution charts can be found below:

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


CSTM
73GF Score
Constellium SE CSTM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Constellium 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.

Constellium 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 )
=(5234-2439)/4734
=0.59

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5354 - 120
=5234

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4383 - 1905 - 39
=2439

Constellium 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 )
=(5702-2740)/5354
=0.55

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5845 - 143
=5702

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4713 - 1938 - 35
=2740

* 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 0.55 mean?
Constellium SE (CSTM) has a Scaled Net Operating Assets of 0.55 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 Constellium SE and its competitors.
Is Constellium SE's Scaled Net Operating Assets too high?
Constellium SE's current Scaled Net Operating Assets is 0.55. Overall, Constellium SE has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Constellium SE's Scaled Net Operating Assets compare to KALU and CENX?
Constellium SE's Scaled Net Operating Assets of 0.55 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining 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 Constellium SE and its competitors. Constellium SE's current Scaled Net Operating Assets is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Constellium SE stock overvalued right now?
Based on GuruFocus' analysis, Constellium SE (CSTM) is currently considered Significantly Overvalued. The stock's GF Value™ is $20.06, compared to a current price of $33.51 — trading 67% above its estimated fair value. The current Scaled Net Operating Assets is 0.55. Constellium SE's overall GF Score™ is 73/100 with 4 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 Constellium SE (CSTM), the current Scaled Net Operating Assets is 0.55 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 Constellium SE (CSTM) Overvalued in 2026?

Based on GuruFocus' analysis, Constellium SE stock appears to be overvalued. The current stock price of $33.51 is trading 67% above its estimated GF Value™ of $20.06. GuruFocus considers Constellium SE to be Significantly Overvalued.

Key valuation signals for CSTM:

  • Scaled Net Operating Assets: 0.55
  • GF Value™: $20.06 vs. price of $33.51 (67% above fair value)
  • GF Score™: 73/100 with 4 warning signs

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

Constellium SE Business Description

Other Exchanges 3OK:Germany
Address 300 East Lombard Street, Suite 1710, Baltimore, MD, USA, 21202
Constellium SE is engaged in the development, manufacture and sale of a broad range of high value-added specialty rolled and extruded aluminum products to the aerospace, space, defense, packaging, automotive, commercial transportation and general industrial end-markets. Its business model is to add value by converting aluminum into semi-fabricated and, in some instances, fully-fabricated alloyed aluminum products that meet stringent and performance-critical requirements from customers. It operates through three segments: Aerospace & Transportation Operating Segment, Packaging & Automotive Rolled Products Operating Segment, and Automotive Structures & Industry Operating Segment. It serves Aerospace, Packaging and Automotive and operates in the United States, France, Germany and others.
73GF 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.

$33.51
Price
$20.06
GF Value