Metawater Co (FRA:2MW) Scaled Net Operating Assets: 0.55 (As of Mar. 2026)


FRA:2MW Metawater Co Ltd FRA:2MW
94 GF Score
Price €17.80
GF Value €14.22
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Metawater Co Scaled Net Operating Assets?

Metawater Co FRA:2MW -1.11% 94 Scaled Net Operating Assets is 0.55 as of Mar. 2026. GuruFocus rates FRA:2MW with a GF Score™ of 94/100 and a GF Value™ of €14.22 (Modestly 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.

Metawater Co's operating assets for the quarter that ended in Mar. 2026 was €1,052 Mil. Metawater Co's operating liabilities for the quarter that ended in Mar. 2026 was €472 Mil. Metawater Co's Total Assets for the quarter that ended in Dec. 2025 was €1,060 Mil. Therefore, Metawater Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.55.


Metawater Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Metawater Co'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.

Metawater Co Scaled Net Operating Assets Chart

Metawater Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.48 0.54 0.54 0.48

Metawater Co 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 0.25 0.34 0.43 0.55

FRA:2MW vs VLTO, ZWS, CECO: Scaled Net Operating Assets Comparison

For the Pollution & Treatment Controls subindustry, Metawater Co'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.


Metawater Co Scaled Net Operating Assets vs Industrial Products Industry

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

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


FRA:2MW
94GF Score
Metawater Co Ltd FRA:2MW
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Metawater Co 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.

Metawater Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(1052.209-471.697)/1221.167
=0.48

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1200.84 - 148.631
=1052.209

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=687.622 - 212.049 - 3.876
=471.697

Metawater Co'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 )
=(1052.209-471.697)/1060.134
=0.55

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1200.84 - 148.631
=1052.209

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=687.622 - 212.049 - 3.876
=471.697

* 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?
Metawater Co (FRA:2MW) 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 Metawater Co and its competitors.
Is Metawater Co's Scaled Net Operating Assets too high?
Metawater Co's current Scaled Net Operating Assets is 0.55. Overall, Metawater Co has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metawater Co's Scaled Net Operating Assets compare to VLTO and ZWS?
Metawater Co's Scaled Net Operating Assets of 0.55 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 Metawater Co and its competitors. Metawater Co'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 Metawater Co stock overvalued right now?
Based on GuruFocus' analysis, Metawater Co (FRA:2MW) is currently considered Modestly Overvalued. The stock's GF Value™ is €14.22, compared to a current price of €17.80 — trading 25.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.55. Metawater Co's overall GF Score™ is 94/100 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 Metawater Co (FRA:2MW), 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 Metawater Co (FRA:2MW) Overvalued in 2026?

Based on GuruFocus' analysis, Metawater Co stock appears to be overvalued. The current stock price of €17.80 is trading 25.2% above its estimated GF Value™ of €14.22. GuruFocus considers Metawater Co to be Modestly Overvalued.

Key valuation signals for FRA:2MW:

  • Scaled Net Operating Assets: 0.55
  • GF Value™: €14.22 vs. price of €17.80 (25.2% above fair value)
  • GF Score™: 94/100 with 4 warning signs

No single metric tells the full story. See the FRA:2MW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Metawater Co Business Description

Other Exchanges MTWTF:USA9551:Japan
Address JR Kanda Manseibashi Building 1-25, Kanda-sudacho, Chiyoda-ku, Tokyo, JPN, 101-0041
Metawater Co Ltd is a Japan-based company, which offers optimum solutions for creating a circulation of water recourses while focusing on the plant engineering business and service solution business. It manufactures mechanical and electrical equipment for water and wastewater treatment. The company operates in two segments; Plant Engineering segment, which involves in the design, procurement and sale of mechanical and electrical equipment, used in water purification plants and sewage treatment plants; and the Service Solution segment involves in the repair, maintenance and operation management of mechanical and electrical equipment used in water purification plants and sewage treatment plants, providing equipment inspection, repair, maintenance, and other services.
94GF 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.

€17.80
Price
€14.22
GF Value