Optimum Communications (FRA:15PA) Scaled Net Operating Assets: 0.68 (As of Mar. 2026)


FRA:15PA Optimum Communications Inc FRA:15PA
47 GF Score
Price €1.00
GF Value €1.87
Valuation Possible Value Trap
! 8 Warning Signs
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What is Optimum Communications Scaled Net Operating Assets?

Optimum Communications FRA:15PA +6.95% 47 Scaled Net Operating Assets is 0.68 as of Mar. 2026. GuruFocus rates FRA:15PA with a GF Score™ of 47/100 and a GF Value™ of €1.87 (Possible Value Trap). The stock has 8 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.

Optimum Communications's operating assets for the quarter that ended in Mar. 2026 was €23,203 Mil. Optimum Communications's operating liabilities for the quarter that ended in Mar. 2026 was €5,497 Mil. Optimum Communications's Total Assets for the quarter that ended in Dec. 2025 was €26,221 Mil. Therefore, Optimum Communications's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.68.


Optimum Communications Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Optimum Communications'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.

Optimum Communications Scaled Net Operating Assets Chart

Optimum Communications 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 0.83 0.84 0.71 0.80 0.65

Optimum Communications 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 0.76 0.73 0.73 0.76 0.68

FRA:15PA vs CCOI, GLIBA, SHEN: Scaled Net Operating Assets Comparison

For the Telecom Services subindustry, Optimum Communications'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.


Optimum Communications Scaled Net Operating Assets vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Optimum Communications's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:15PA
47GF Score
Optimum Communications Inc FRA:15PA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Optimum Communications 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.

Optimum Communications'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 )
=(25356.658-5584.686)/30274.808
=0.65

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=26221.078 - 864.42
=25356.658

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=28178.64 - 22541.995 - 51.959
=5584.686

Optimum Communications'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 )
=(23202.569-5497.052)/26221.078
=0.68

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=24109.637 - 907.068
=23202.569

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=28582.045 - 23037.31 - 47.683
=5497.052

* 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 0.68 mean?
Optimum Communications (FRA:15PA) has a Scaled Net Operating Assets of 0.68 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 Optimum Communications and its competitors.
Is Optimum Communications' Scaled Net Operating Assets too high?
Optimum Communications' current Scaled Net Operating Assets is 0.68. Overall, Optimum Communications has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Optimum Communications' Scaled Net Operating Assets compare to CCOI and GLIBA?
Optimum Communications' Scaled Net Operating Assets of 0.68 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Scaled Net Operating Assets depends on the Telecommunication Services 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 Optimum Communications and its competitors. Optimum Communications's current Scaled Net Operating Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optimum Communications stock overvalued right now?
Based on GuruFocus' analysis, Optimum Communications (FRA:15PA) is currently considered Possible Value Trap. The stock's GF Value™ is €1.87, compared to a current price of €1.00 — trading 46.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.68. Optimum Communications' overall GF Score™ is 47/100 with 8 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 Optimum Communications (FRA:15PA), the current Scaled Net Operating Assets is 0.68 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 Optimum Communications (FRA:15PA) Overvalued in 2026?

Based on GuruFocus' analysis, Optimum Communications stock appears to be undervalued. The current stock price of €1.00 is trading 46.5% below its estimated GF Value™ of €1.87. GuruFocus considers Optimum Communications to be Possible Value Trap.

Key valuation signals for FRA:15PA:

  • Scaled Net Operating Assets: 0.68
  • GF Value™: €1.87 vs. price of €1.00 (46.5% below fair value)
  • GF Score™: 47/100 with 8 warning signs

No single metric tells the full story. See the FRA:15PA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Optimum Communications Business Description

Other Exchanges OPTU:USA15PA:Germany
Address 1 Court Square West, Long Island City, New York, NY, USA, 11101
Optimum's assets were brought together when Altice Europe acquired US cable companies Suddenlink in 2015 and Cablevision in 2016. The Suddenlink business, which management calls the "West," provides television, internet access, and phone services to roughly 4.5 million US homes and businesses located primarily in smaller markets, with major clusters in Texas, West Virginia, Idaho, Arizona, and Louisiana. The Cablevision portion, dubbed the "East," provides comparable services to about 5.5 million homes and businesses in the New York City metro area. Both regions now operate under the Optimum brand name. Altice Europe spun off Optimum, which includes both the Suddenlink and Cablevision operations, to shareholders in 2018.
47GF Score

Get the complete analysis for FRA:15PA

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.00
Price
€1.87
GF Value