Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Superior Plus's operating assets for the quarter that ended in Mar. 2026 was €3,053 Mil. Superior Plus's operating liabilities for the quarter that ended in Mar. 2026 was €528 Mil. Superior Plus's Total Assets for the quarter that ended in Dec. 2025 was €3,064 Mil. Therefore, Superior Plus's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.82.
Superior Plus Scaled Net Operating Assets Related Terms
Superior Plus Scaled Net Operating Assets Historical Data
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The historical data trend for Superior Plus'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.
FRA:8SP vs ATO, NI, UGI: Scaled Net Operating Assets Comparison
For the Utilities - Regulated Gas subindustry, Superior Plus'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.
Superior Plus Scaled Net Operating Assets vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Superior Plus's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Superior Plus's Scaled Net Operating Assets falls into.
* 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 0.82 mean?
Superior Plus (FRA:8SP) has a Scaled Net Operating Assets of 0.82 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 Superior Plus and its competitors.
Is Superior Plus' Scaled Net Operating Assets too high?
Superior Plus' current Scaled Net Operating Assets is 0.82. Overall, Superior Plus has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Superior Plus' Scaled Net Operating Assets compare to ATO and NI?
Superior Plus' Scaled Net Operating Assets of 0.82 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Scaled Net Operating Assets depends on the Utilities - Regulated 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 Superior Plus and its competitors. Superior Plus's current Scaled Net Operating Assets is 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Superior Plus stock overvalued right now?
Superior Plus (FRA:8SP) has a current Scaled Net Operating Assets of 0.82. The stock's GF Value™ is €4.87, compared to a current price of €4.70 — trading 3.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.82. Superior Plus' overall GF Score™ is 78/100 with 11 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 Superior Plus (FRA:8SP), the current Scaled Net Operating Assets is 0.82 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 Superior Plus (FRA:8SP) Overvalued in 2026?
Based on GuruFocus' analysis, Superior Plus stock appears to be undervalued.
The current stock price of €4.70 is trading 3.5% below its estimated GF Value™ of €4.87.
Key valuation signals for FRA:8SP:
Scaled Net Operating Assets: 0.82
GF Value™: €4.87 vs. price of €4.70 (3.5% below fair value)
No single metric tells the full story. See the FRA:8SP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Superior Plus Corp is a Canadian-based company that distributes energy and specialty chemicals. The company is organized into three business segments: U.S. Propane Distribution, Canadian Propane Distribution and Compressed natural gas distribution (CNG)out of which the majority is from the U.S. Propane segment. The products & services offered by the company include wholesale procurement, distribution, related services for propane and other refined fuels, and supply of chemicals required by industries. The U.S. Propane segment distributes propane gas & liquid fuels along the Eastern U.S. & into the Midwest and California.
78GF Score
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