EAF (GrafTech International) Scaled Net Operating Assets: 0.65 (As of Mar. 2026)


EAF GrafTech International Ltd EAF
53 GF Score
Price $6.94
GF Value $13.35
Valuation Possible Value Trap
! 4 Warning Signs
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What is GrafTech International Scaled Net Operating Assets?

GrafTech International EAF -1.14% 53 Scaled Net Operating Assets is 0.65 as of Mar. 2026. GuruFocus rates EAF with a GF Score™ of 53/100 and a GF Value™ of $13.35 (Possible Value Trap). 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.

GrafTech International's operating assets for the quarter that ended in Mar. 2026 was $877.0 Mil. GrafTech International's operating liabilities for the quarter that ended in Mar. 2026 was $205.0 Mil. GrafTech International's Total Assets for the quarter that ended in Dec. 2025 was $1,028.8 Mil. Therefore, GrafTech International's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.65.


GrafTech International Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for GrafTech International'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.

GrafTech International Scaled Net Operating Assets Chart

GrafTech International 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 0.70 0.80 0.52 0.58 0.57

GrafTech International 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 0.63 0.63 0.65 0.63 0.65

EAF vs RFIL, TGEN, ESP: Scaled Net Operating Assets Comparison

For the Electrical Equipment & Parts subindustry, GrafTech International'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.


GrafTech International Scaled Net Operating Assets vs Industrial Products Industry

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

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


EAF
53GF Score
GrafTech International Ltd EAF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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GrafTech International 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.

GrafTech International'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 )
=(890.362-193.711)/1224.274
=0.57

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1028.789 - 138.427
=890.362

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1288.417 - 1094.706 - 0
=193.711

GrafTech International'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 )
=(876.957-204.98)/1028.789
=0.65

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=997.201 - 120.244
=876.957

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1301.634 - 1096.654 - 0
=204.98

* 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 0.65 mean?
GrafTech International (EAF) has a Scaled Net Operating Assets of 0.65 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 GrafTech International and its competitors.
Is GrafTech International's Scaled Net Operating Assets too high?
GrafTech International's current Scaled Net Operating Assets is 0.65. Overall, GrafTech International has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GrafTech International's Scaled Net Operating Assets compare to RFIL and TGEN?
GrafTech International's Scaled Net Operating Assets of 0.65 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 GrafTech International and its competitors. GrafTech International's current Scaled Net Operating Assets is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GrafTech International stock overvalued right now?
Based on GuruFocus' analysis, GrafTech International (EAF) is currently considered Possible Value Trap. The stock's GF Value™ is $13.35, compared to a current price of $6.94 — trading 48% below its estimated fair value. The current Scaled Net Operating Assets is 0.65. GrafTech International's overall GF Score™ is 53/100 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 GrafTech International (EAF), the current Scaled Net Operating Assets is 0.65 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 GrafTech International (EAF) Overvalued in 2026?

Based on GuruFocus' analysis, GrafTech International stock appears to be undervalued. The current stock price of $6.94 is trading 48% below its estimated GF Value™ of $13.35. GuruFocus considers GrafTech International to be Possible Value Trap.

Key valuation signals for EAF:

  • Scaled Net Operating Assets: 0.65
  • GF Value™: $13.35 vs. price of $6.94 (48% below fair value)
  • GF Score™: 53/100 with 4 warning signs

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


GrafTech International Business Description

Other Exchanges EAF:MexicoG6G0:Germany
Address 982 Keynote Circle, Brooklyn Heights, Independence, OH, USA, 44131
GrafTech International Ltd is a manufacturer of high-quality graphite electrode products essential to the production of EAF steel and other ferrous and non-ferrous metals. The company has only reportable segment, Industrial Materials, is comprised of its two product categories: graphite electrodes and petroleum needle coke products used as raw material in the production of graphite electrodes.
53GF 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.

$6.94
Price
$13.35
GF Value