Cherry SE (FRA:C3RY) Scaled Net Operating Assets: 0.53 (As of Mar. 2026)


FRA:C3RY Cherry SE FRA:C3RY
46 GF Score
Price €1.29
GF Value €1.80
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Cherry SE Scaled Net Operating Assets?

Cherry SE FRA:C3RY +3.54% 46 Scaled Net Operating Assets is 0.53 as of Mar. 2026. GuruFocus rates FRA:C3RY with a GF Score™ of 46/100 and a GF Value™ of €1.80 (Modestly Undervalued). 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.

Cherry SE's operating assets for the quarter that ended in Mar. 2026 was €109.41 Mil. Cherry SE's operating liabilities for the quarter that ended in Mar. 2026 was €40.69 Mil. Cherry SE's Total Assets for the quarter that ended in Sep. 2025 was €130.17 Mil. Therefore, Cherry SE's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.53.


Cherry SE Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Cherry SE'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.

Cherry SE Scaled Net Operating Assets Chart

Cherry SE Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial 8,608.04 0.85 0.54 0.37 0.44

Cherry SE Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.53 0.64 0.62 0.64 0.53

FRA:C3RY vs SNDK, DELL, STX: Scaled Net Operating Assets Comparison

For the Computer Hardware subindustry, Cherry SE'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.


Cherry SE Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Cherry SE's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:C3RY
46GF Score
Cherry SE FRA:C3RY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Cherry SE 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.

Cherry SE's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(151.77-47.302)/238.554
=0.44

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=168.14 - 16.37
=151.77

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=90.624 - 36.892 - 6.43
=47.302

Cherry SE'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: Sep. 2025 )
=(109.408-40.69)/130.17
=0.53

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=116.956 - 7.548
=109.408

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=78.54 - 30.827 - 7.023
=40.69

* 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 0.53 mean?
Cherry SE (FRA:C3RY) has a Scaled Net Operating Assets of 0.53 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 Cherry SE and its competitors.
Is Cherry SE's Scaled Net Operating Assets too high?
Cherry SE's current Scaled Net Operating Assets is 0.53. Overall, Cherry SE has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cherry SE's Scaled Net Operating Assets compare to SNDK and DELL?
Cherry SE's Scaled Net Operating Assets of 0.53 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 Cherry SE and its competitors. Cherry SE's current Scaled Net Operating Assets is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cherry SE stock overvalued right now?
Based on GuruFocus' analysis, Cherry SE (FRA:C3RY) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.80, compared to a current price of €1.29 — trading 28.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.53. Cherry SE's overall GF Score™ is 46/100 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 Cherry SE (FRA:C3RY), the current Scaled Net Operating Assets is 0.53 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 Cherry SE (FRA:C3RY) Overvalued in 2026?

Based on GuruFocus' analysis, Cherry SE stock appears to be undervalued. The current stock price of €1.29 is trading 28.4% below its estimated GF Value™ of €1.80. GuruFocus considers Cherry SE to be Modestly Undervalued.

Key valuation signals for FRA:C3RY:

  • Scaled Net Operating Assets: 0.53
  • GF Value™: €1.80 vs. price of €1.29 (28.4% below fair value)
  • GF Score™: 46/100 with 3 warning signs

No single metric tells the full story. See the FRA:C3RY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cherry SE Business Description

Other Exchanges C3RY:Germany
Address c/o Mindspace, Rosental 7, Munich, DEU, 80331
Cherry SE is a manufacturer of high-end mechanical keyboard switches and computer input devices such as keyboards, mice, microphones, and headsets for gaming and e-sports and (hybrid) office workstation applications as well as industrial applications and the healthcare sector. The product offerings of the company include USB-A / USB-C Adapters, Mice, Accessories, and other products. The company's activities are divided into three different business segments: Components segment; Gaming & Office Peripherals segment; and Digital Health & Solutions segment. It generates majority of its revenue from Gaming & Office Peripherals segment which includes the business with computer peripherals for professional use in gaming and e-sports as well as for use in (hybrid) office solutions and industry.
46GF 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.

€1.29
Price
€1.80
GF Value