Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
AGCO's operating assets for the quarter that ended in Mar. 2026 was €9,970 Mil. AGCO's operating liabilities for the quarter that ended in Mar. 2026 was €4,116 Mil. AGCO's Total Assets for the quarter that ended in Dec. 2025 was €10,186 Mil. Therefore, AGCO's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.57.
AGCO Scaled Net Operating Assets Related Terms
AGCO Scaled Net Operating Assets Historical Data
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The historical data trend for AGCO'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:AGJ vs TEX, FSS, OSK: Scaled Net Operating Assets Comparison
For the Farm & Heavy Construction Machinery subindustry, AGCO'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.
AGCO Scaled Net Operating Assets vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, AGCO's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where AGCO'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 0.57 mean?
AGCO (FRA:AGJ) has a Scaled Net Operating Assets of 0.57 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 AGCO and its competitors.
Is AGCO's Scaled Net Operating Assets too high?
AGCO's current Scaled Net Operating Assets is 0.57. Overall, AGCO has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AGCO's Scaled Net Operating Assets compare to TEX and FSS?
AGCO's Scaled Net Operating Assets of 0.57 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Scaled Net Operating Assets depends on the Farm & Heavy Construction Machinery 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 AGCO and its competitors. AGCO's current Scaled Net Operating Assets is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AGCO stock overvalued right now?
Based on GuruFocus' analysis, AGCO (FRA:AGJ) is currently considered Modestly Overvalued. The stock's GF Value™ is €78.64, compared to a current price of €99.64 — trading 26.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.57. AGCO's overall GF Score™ is 77/100 with 7 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 AGCO (FRA:AGJ), the current Scaled Net Operating Assets is 0.57 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 AGCO (FRA:AGJ) Overvalued in 2026?
Based on GuruFocus' analysis, AGCO stock appears to be overvalued.
The current stock price of €99.64 is trading 26.7% above its estimated GF Value™ of €78.64.
GuruFocus considers AGCO to be Modestly Overvalued.
Key valuation signals for FRA:AGJ:
Scaled Net Operating Assets: 0.57
GF Value™: €78.64 vs. price of €99.64 (26.7% above fair value)
No single metric tells the full story. See the FRA:AGJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Agco is a global manufacturer of agricultural equipment. Its main machine brands are Fendt, Massey Ferguson, and Valtra; its initiatives in precision agriculture have been organized under the PTx umbrella following a series of acquisitions. While a global business, Agco's sales skew heavily toward Europe/Middle East, representing 50%-60% of sales and even more of operating profits. The company is trying to increase its exposure to the larger North and South American markets. Its products are available through a global dealer network, which includes over 3,000 dealers and distribution locations and reaches into over 140 countries. Additionally, Agco offers retail and wholesale financing to customers through its partnership with Rabobank of the Netherlands, having exited their JV in 2026.
77GF 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.
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