Bonava AB (FRA:66B) Scaled Net Operating Assets: 0.69 (As of Mar. 2026)


FRA:66B Bonava AB FRA:66B
51 GF Score
Price €0.81
GF Value €0.43
! 5 Warning Signs
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What is Bonava AB Scaled Net Operating Assets?

Bonava AB FRA:66B +1.25% 51 Scaled Net Operating Assets is 0.69 as of Mar. 2026. GuruFocus rates FRA:66B with a GF Score™ of 51/100 and a GF Value™ of €0.43. 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.

Bonava AB's operating assets for the quarter that ended in Mar. 2026 was €1,506.9 Mil. Bonava AB's operating liabilities for the quarter that ended in Mar. 2026 was €519.8 Mil. Bonava AB's Total Assets for the quarter that ended in Dec. 2025 was €1,437.8 Mil. Therefore, Bonava AB's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.69.


Bonava AB Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Bonava AB'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.

Bonava AB Scaled Net Operating Assets Chart

Bonava AB 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 0.51 0.59 0.47 0.56 0.64

Bonava AB 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 0.64 0.65 0.63 0.69

FRA:66B vs DHI, PHM, LEN: Scaled Net Operating Assets Comparison

For the Residential Construction subindustry, Bonava AB'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.


Bonava AB Scaled Net Operating Assets vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Bonava AB's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:66B
51GF Score
Bonava AB FRA:66B
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Bonava AB 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.

Bonava AB'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 )
=(1417.621-464.699)/1500.006
=0.64

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1437.837 - 20.216
=1417.621

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=799.186 - 260.514 - 73.973
=464.699

Bonava AB'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 )
=(1506.871-519.806)/1437.837
=0.69

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1541.314 - 34.443
=1506.871

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=909.451 - 147.521 - 242.124
=519.806

* 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 0.69 mean?
Bonava AB (FRA:66B) has a Scaled Net Operating Assets of 0.69 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 Bonava AB and its competitors.
Is Bonava AB's Scaled Net Operating Assets too high?
Bonava AB's current Scaled Net Operating Assets is 0.69. Overall, Bonava AB has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Bonava AB's Scaled Net Operating Assets compare to DHI and PHM?
Bonava AB's Scaled Net Operating Assets of 0.69 can be compared against companies in the Homebuilding & Construction 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 Homebuilding & Construction company?
A good Scaled Net Operating Assets depends on the Homebuilding & Construction 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 Bonava AB and its competitors. Bonava AB's current Scaled Net Operating Assets is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonava AB stock overvalued right now?
Bonava AB (FRA:66B) has a current Scaled Net Operating Assets of 0.69. The stock's GF Value™ is €0.43, compared to a current price of €0.81 — trading 88.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.69. Bonava AB's overall GF Score™ is 51/100 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 Bonava AB (FRA:66B), the current Scaled Net Operating Assets is 0.69 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 Bonava AB (FRA:66B) Overvalued in 2026?

Based on GuruFocus' analysis, Bonava AB stock appears to be overvalued. The current stock price of €0.81 is trading 88.1% above its estimated GF Value™ of €0.43.

Key valuation signals for FRA:66B:

  • Scaled Net Operating Assets: 0.69
  • GF Value™: €0.43 vs. price of €0.81 (88.1% above fair value)
  • GF Score™: 51/100 with 5 warning signs

No single metric tells the full story. See the FRA:66B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bonava AB Business Description

Address Lindhagensgatan 74, Stockholm, SWE, 11218
Bonava AB is a Swedish residential development company. It acts as a developer of residential housing in northern Europe. The company is engaged in developing and selling affordable and sustainable homes to consumers and investors in selected markets in Sweden, Germany, Finland, Denmark, Norway, St. Petersburg, Estonia, and Latvia. Bonava provides multi-family housing and single-family housing and develops homes for consumers and investors, such as pension funds, jointly with municipalities and other stakeholders. Its product segments are categorized as Affordable, Core and High-end. Bonava operates in the Berlin, Hamburg, Baltic coast, Saxony, Rhien-Ruhr, Cologne/ Bonn, Rhien-Main and Rhine-Neckar/Stuttgart regions.Key revenue is earned from sales in Germany.
51GF 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.

€0.81
Price
€0.43
GF Value