Civeo (CVEO) Scaled Net Operating Assets: 0.78 (As of Mar. 2026)


CVEO Civeo Corp CVEO
68 GF Score
Price $30.00
GF Value $28.31
Valuation Fairly Valued
! 5 Warning Signs
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What is Civeo Scaled Net Operating Assets?

Civeo CVEO -11.14% 68 Scaled Net Operating Assets is 0.78 as of Mar. 2026. GuruFocus rates CVEO with a GF Score™ of 68/100 and a GF Value™ of $28.31 (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.

Civeo's operating assets for the quarter that ended in Mar. 2026 was $475.1 Mil. Civeo's operating liabilities for the quarter that ended in Mar. 2026 was $104.5 Mil. Civeo's Total Assets for the quarter that ended in Dec. 2025 was $477.4 Mil. Therefore, Civeo's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.78.


Civeo Scaled Net Operating Assets Historical Data

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The historical data trend for Civeo'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.

Civeo Scaled Net Operating Assets Chart

Civeo 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 0.74 0.65 0.70 0.51 0.87

Civeo 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 0.72 0.88 0.72 0.72 0.78

CVEO vs GHG, INTG, PHSE: Scaled Net Operating Assets Comparison

For the Lodging subindustry, Civeo'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.


Civeo Scaled Net Operating Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Civeo's Scaled Net Operating Assets distribution charts can be found below:

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


CVEO
68GF Score
Civeo Corp CVEO
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Civeo 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.

Civeo'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 )
=(462.972-109.043)/405.072
=0.87

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=477.411 - 14.439
=462.972

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=303.027 - 193.984 - 0
=109.043

Civeo'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 )
=(475.056-104.543)/477.411
=0.78

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=491.605 - 16.549
=475.056

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=330.859 - 226.316 - 0
=104.543

* 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 0.78 mean?
Civeo (CVEO) has a Scaled Net Operating Assets of 0.78 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 Civeo and its competitors.
Is Civeo's Scaled Net Operating Assets too high?
Civeo's current Scaled Net Operating Assets is 0.78. Overall, Civeo has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Civeo's Scaled Net Operating Assets compare to GHG and INTG?
Civeo's Scaled Net Operating Assets of 0.78 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure 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 Civeo and its competitors. Civeo's current Scaled Net Operating Assets is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Civeo stock overvalued right now?
Based on GuruFocus' analysis, Civeo (CVEO) is currently considered Fairly Valued. The stock's GF Value™ is $28.31, compared to a current price of $30.00 — trading 6% above its estimated fair value. The current Scaled Net Operating Assets is 0.78. Civeo's overall GF Score™ is 68/100 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 Civeo (CVEO), the current Scaled Net Operating Assets is 0.78 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 Civeo (CVEO) Overvalued in 2026?

Based on GuruFocus' analysis, Civeo stock appears to be overvalued. The current stock price of $30.00 is trading 6% above its estimated GF Value™ of $28.31. GuruFocus considers Civeo to be Fairly Valued.

Key valuation signals for CVEO:

  • Scaled Net Operating Assets: 0.78
  • GF Value™: $28.31 vs. price of $30.00 (6% above fair value)
  • GF Score™: 68/100 with 5 warning signs

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


Civeo Business Description

Other Exchanges 44C1:Germany
Address 333 Clay Street, Three Allen Center, Suite 4400, Houston, TX, USA, 77002
Civeo Corp provides hospitality services to the natural resources industry in Canada, Australia. The company provides a full suite of services for guests, including lodging, catering and food service, housekeeping and maintenance at accommodation facilities that the company or its customers own. The company provides services that support the day-to-day operations of these facilities, such as laundry, facility management and maintenance, water and wastewater treatments, power generation, communication systems, security and logistics. The company operates in active oil, metallurgical coal, liquefied natural gas and iron ore-producing regions. The company operates in three reportable business segments Canada, and Australia. It derives maximum revenue from Australia.
68GF 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.

$30.00
Price
$28.31
GF Value