Hexagon Purus ASA (FRA:0QJ0) Scaled Net Operating Assets: 0.66 (As of Mar. 2026)


FRA:0QJ0 Hexagon Purus ASA FRA:0QJ0
64 GF Score
Price €1.03
GF Value €2.41
Valuation Possible Value Trap
! 6 Warning Signs
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What is Hexagon Purus ASA Scaled Net Operating Assets?

Hexagon Purus ASA FRA:0QJ0 +3.76% 64 Scaled Net Operating Assets is 0.66 as of Mar. 2026. GuruFocus rates FRA:0QJ0 with a GF Score™ of 64/100 and a GF Value™ of €2.41 (Possible Value Trap). 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.

Hexagon Purus ASA's operating assets for the quarter that ended in Mar. 2026 was €233.5 Mil. Hexagon Purus ASA's operating liabilities for the quarter that ended in Mar. 2026 was €36.7 Mil. Hexagon Purus ASA's Total Assets for the quarter that ended in Dec. 2025 was €296.6 Mil. Therefore, Hexagon Purus ASA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.66.


Hexagon Purus ASA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Hexagon Purus 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.

Hexagon Purus ASA Scaled Net Operating Assets Chart

Hexagon Purus ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.53 0.69 0.95 0.85 0.52

Hexagon Purus 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 0.64 0.69 0.70 0.64 0.66

FRA:0QJ0 vs GWW, FAST, FERG: Scaled Net Operating Assets Comparison

For the Industrial Distribution subindustry, Hexagon Purus 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.


Hexagon Purus ASA Scaled Net Operating Assets vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hexagon Purus ASA's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:0QJ0
64GF Score
Hexagon Purus ASA FRA:0QJ0
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Hexagon Purus 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.

Hexagon Purus 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 )
=(267.49-48.656)/419.928
=0.52

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=296.608 - 29.118
=267.49

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=247.647 - 194.7 - 4.291
=48.656

Hexagon Purus 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 )
=(233.536-36.733)/296.608
=0.66

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=266.128 - 32.592
=233.536

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=243.32 - 203.387 - 3.2
=36.733

* 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 0.66 mean?
Hexagon Purus ASA (FRA:0QJ0) has a Scaled Net Operating Assets of 0.66 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 Hexagon Purus ASA and its competitors.
Is Hexagon Purus ASA's Scaled Net Operating Assets too high?
Hexagon Purus ASA's current Scaled Net Operating Assets is 0.66. Overall, Hexagon Purus ASA has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hexagon Purus ASA's Scaled Net Operating Assets compare to GWW and FAST?
Hexagon Purus ASA's Scaled Net Operating Assets of 0.66 can be compared against companies in the Industrial Distribution 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 Distribution company?
A good Scaled Net Operating Assets depends on the Industrial Distribution 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 Hexagon Purus ASA and its competitors. Hexagon Purus ASA's current Scaled Net Operating Assets is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexagon Purus ASA stock overvalued right now?
Based on GuruFocus' analysis, Hexagon Purus ASA (FRA:0QJ0) is currently considered Possible Value Trap. The stock's GF Value™ is €2.41, compared to a current price of €1.03 — trading 57.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.66. Hexagon Purus ASA's overall GF Score™ is 64/100 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 Hexagon Purus ASA (FRA:0QJ0), the current Scaled Net Operating Assets is 0.66 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 Hexagon Purus ASA (FRA:0QJ0) Overvalued in 2026?

Based on GuruFocus' analysis, Hexagon Purus ASA stock appears to be undervalued. The current stock price of €1.03 is trading 57.2% below its estimated GF Value™ of €2.41. GuruFocus considers Hexagon Purus ASA to be Possible Value Trap.

Key valuation signals for FRA:0QJ0:

  • Scaled Net Operating Assets: 0.66
  • GF Value™: €2.41 vs. price of €1.03 (57.2% below fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the FRA:0QJ0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hexagon Purus ASA Business Description

Address Haakon VII gate 2, Oslo, NOR, 0161
Hexagon Purus ASA is a provider of Hydrogen Type 4 high-pressure cylinders, complete vehicle systems, and battery packs for fuel cell electric and battery electric vehicles including hybrid mobility applications on light, medium, and heavy-duty vehicles, buses, marine, rail, and aerospace. It has divided its operations into two segments, Hydrogen Mobility and Infrastructure (HMI) and Battery Systems and Vehicle Integration (BVI). The company has a geographic presence in Norway, Europe, North America, and Others. Majority of revenue is from Hydrogen Mobility and Infrastructure (HMI). Geographically, it operates in Norway, Europe, excluding Norway, North America, Asia, and Others. It derives maximum revenue from Europe, excluding Norway.
64GF 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.

€1.03
Price
€2.41
GF Value