Croda International (FRA:6CMB) Scaled Net Operating Assets: 0.76 (As of Dec. 2025)


FRA:6CMB Croda International PLC FRA:6CMB
69 GF Score
Price €35.12
GF Value €50.14
Valuation Significantly Undervalued
! 8 Warning Signs
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What is Croda International Scaled Net Operating Assets?

Croda International FRA:6CMB -3.73% 69 Scaled Net Operating Assets is 0.76 as of Dec. 2025. GuruFocus rates FRA:6CMB with a GF Score™ of 69/100 and a GF Value™ of €50.14 (Significantly Undervalued). 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.

Croda International's operating assets for the quarter that ended in Dec. 2025 was €3,702 Mil. Croda International's operating liabilities for the quarter that ended in Dec. 2025 was €586 Mil. Croda International's Total Assets for the quarter that ended in Jun. 2025 was €4,076 Mil. Therefore, Croda International's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.76.


Croda International Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Croda 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.

Croda International Scaled Net Operating Assets Chart

Croda 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 0.91 0.81 0.81 0.82 0.74

Croda International Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.82 0.81 0.81 0.78 0.77

FRA:6CMB vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Croda 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.


Croda International Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Croda International's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:6CMB
69GF Score
Croda International PLC FRA:6CMB
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Croda 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.

Croda 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 )
=(3702.038-585.681)/4236.892
=0.74

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3899.59 - 197.552
=3702.038

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1382.062 - 610.49 - 185.891
=585.681

Croda International's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(3702.038-585.681)/4075.723
=0.76

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3899.59 - 197.552
=3702.038

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1382.062 - 610.49 - 185.891
=585.681

* 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 0.76 mean?
Croda International (FRA:6CMB) has a Scaled Net Operating Assets of 0.76 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Croda International and its competitors.
Is Croda International's Scaled Net Operating Assets too high?
Croda International's current Scaled Net Operating Assets is 0.76. Overall, Croda International has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Croda International's Scaled Net Operating Assets compare to LIN and SHW?
Croda International's Scaled Net Operating Assets of 0.76 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Croda International and its competitors. Croda International's current Scaled Net Operating Assets is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Croda International stock overvalued right now?
Based on GuruFocus' analysis, Croda International (FRA:6CMB) is currently considered Significantly Undervalued. The stock's GF Value™ is €50.14, compared to a current price of €35.12 — trading 30% below its estimated fair value. The current Scaled Net Operating Assets is 0.76. Croda International's overall GF Score™ is 69/100 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 Croda International (FRA:6CMB), the current Scaled Net Operating Assets is 0.76 as of Dec. 2025. 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 Croda International (FRA:6CMB) Overvalued in 2026?

Based on GuruFocus' analysis, Croda International stock appears to be undervalued. The current stock price of €35.12 is trading 30% below its estimated GF Value™ of €50.14. GuruFocus considers Croda International to be Significantly Undervalued.

Key valuation signals for FRA:6CMB:

  • Scaled Net Operating Assets: 0.76
  • GF Value™: €50.14 vs. price of €35.12 (30% below fair value)
  • GF Score™: 69/100 with 8 warning signs

No single metric tells the full story. See the FRA:6CMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Croda International Business Description

Address Cowick Hall, Snaith, Goole, East Yorkshire, GBR, DN14 9AA
Croda is a British specialty chemicals company with 60% of sales outside Europe. Croda operates through three segments: consumer care, life sciences, and industrial specialties. Consumer care produces specialty and active ingredients for cosmetics and skincare/haircare and also flavors and fragrances. The life sciences business manufactures products for healthcare and agrochemicals. The company sold the majority of its industrial businesses to Cargill in 2022, retaining only a subsegment of the business (industrial specialties segment) that supports the other two segments and sells their byproducts.
69GF Score

Get the complete analysis for FRA:6CMB

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

€35.12
Price
€50.14
GF Value