Oatly Group AB (FRA:9ZX0) Scaled Net Operating Assets: 0.65 (As of Mar. 2026)


FRA:9ZX0 Oatly Group AB FRA:9ZX0
62 GF Score
Price €7.74
GF Value €16.56
Valuation Possible Value Trap
! 3 Warning Signs
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What is Oatly Group AB Scaled Net Operating Assets?

Oatly Group AB FRA:9ZX0 +1.57% 62 Scaled Net Operating Assets is 0.65 as of Mar. 2026. GuruFocus rates FRA:9ZX0 with a GF Score™ of 62/100 and a GF Value™ of €16.56 (Possible Value Trap). The stock has 3 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.

Oatly Group AB's operating assets for the quarter that ended in Mar. 2026 was €612.2 Mil. Oatly Group AB's operating liabilities for the quarter that ended in Mar. 2026 was €177.9 Mil. Oatly Group AB's Total Assets for the quarter that ended in Dec. 2025 was €672.3 Mil. Therefore, Oatly Group AB's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.65.


Oatly Group AB Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Oatly Group 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.

Oatly Group AB Scaled Net Operating Assets Chart

Oatly Group AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 1.35 0.56 0.49 0.47 0.57

Oatly Group 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 0.63 0.62 0.62 0.66 0.65

FRA:9ZX0 vs BGS, AMNF, USNA: Scaled Net Operating Assets Comparison

For the Packaged Foods subindustry, Oatly Group 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.


Oatly Group AB Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Oatly Group AB's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:9ZX0
62GF Score
Oatly Group AB FRA:9ZX0
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Oatly Group 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.

Oatly Group 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 )
=(617.315-177.027)/767.801
=0.57

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=672.266 - 54.951
=617.315

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=655.467 - 177.215 - 301.225
=177.027

Oatly Group 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 )
=(612.249-177.88)/672.266
=0.65

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=654.992 - 42.743
=612.249

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=651.06 - 170.744 - 302.436
=177.88

* 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 0.65 mean?
Oatly Group AB (FRA:9ZX0) has a Scaled Net Operating Assets of 0.65 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 Oatly Group AB and its competitors.
Is Oatly Group AB's Scaled Net Operating Assets too high?
Oatly Group AB's current Scaled Net Operating Assets is 0.65. Overall, Oatly Group AB has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Oatly Group AB's Scaled Net Operating Assets compare to BGS and AMNF?
Oatly Group AB's Scaled Net Operating Assets of 0.65 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 Oatly Group AB and its competitors. Oatly Group AB's current Scaled Net Operating Assets is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oatly Group AB stock overvalued right now?
Based on GuruFocus' analysis, Oatly Group AB (FRA:9ZX0) is currently considered Possible Value Trap. The stock's GF Value™ is €16.56, compared to a current price of €7.74 — trading 53.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.65. Oatly Group AB's overall GF Score™ is 62/100 with 3 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 Oatly Group AB (FRA:9ZX0), the current Scaled Net Operating Assets is 0.65 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 Oatly Group AB (FRA:9ZX0) Overvalued in 2026?

Based on GuruFocus' analysis, Oatly Group AB stock appears to be undervalued. The current stock price of €7.74 is trading 53.3% below its estimated GF Value™ of €16.56. GuruFocus considers Oatly Group AB to be Possible Value Trap.

Key valuation signals for FRA:9ZX0:

  • Scaled Net Operating Assets: 0.65
  • GF Value™: €16.56 vs. price of €7.74 (53.3% below fair value)
  • GF Score™: 62/100 with 3 warning signs

No single metric tells the full story. See the FRA:9ZX0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oatly Group AB Business Description

Other Exchanges OTLY:USA9ZX0:Germany
Address Angfarekajen 8, Malmo, SWE, 211 19
Oatly Group AB produces and distributes oat-based food and beverage products. Its offerings include milk, cooking creams, spreads, and yogurts. The company's products are sold through retail stores, coffee shops, and restaurants across multiple countries. It generates revenue from sales of oatmilk and other oat-based products. The company's geographical segments include Europe & International, North America and Greater China. The Europe & International segment is its maximum revenue-producing segment, followed by the North America and Greater China segments.
62GF Score

Get the complete analysis for FRA:9ZX0

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

€7.74
Price
€16.56
GF Value