EnBW Energie Baden-Wuerttemberg AG (FRA:EBK) Scaled Net Operating Assets: 0.17 (As of Mar. 2026)


FRA:EBK EnBW Energie Baden-Wuerttemberg AG FRA:EBK
76 GF Score
Price €69.40
GF Value €56.02
Valuation Modestly Overvalued
! 7 Warning Signs
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What is EnBW Energie Baden-Wuerttemberg AG Scaled Net Operating Assets?

EnBW Energie Baden-Wuerttemberg AG FRA:EBK +0.87% 76 Scaled Net Operating Assets is 0.17 as of Mar. 2026. GuruFocus rates FRA:EBK with a GF Score™ of 76/100 and a GF Value™ of €56.02 (Modestly Overvalued). The stock has 7 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.

EnBW Energie Baden-Wuerttemberg AG's operating assets for the quarter that ended in Mar. 2026 was €61,465 Mil. EnBW Energie Baden-Wuerttemberg AG's operating liabilities for the quarter that ended in Mar. 2026 was €49,843 Mil. EnBW Energie Baden-Wuerttemberg AG's Total Assets for the quarter that ended in Sep. 2025 was €66,780 Mil. Therefore, EnBW Energie Baden-Wuerttemberg AG's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.17.


EnBW Energie Baden-Wuerttemberg AG Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for EnBW Energie Baden-Wuerttemberg AG'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.

EnBW Energie Baden-Wuerttemberg AG Scaled Net Operating Assets Chart

EnBW Energie Baden-Wuerttemberg AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.29 0.27 0.33 0.44

EnBW Energie Baden-Wuerttemberg AG 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 0.45 0.14 0.17 0.18 0.17

FRA:EBK vs SRE, AES: Scaled Net Operating Assets Comparison

For the Utilities - Diversified subindustry, EnBW Energie Baden-Wuerttemberg AG'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.


EnBW Energie Baden-Wuerttemberg AG Scaled Net Operating Assets vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, EnBW Energie Baden-Wuerttemberg AG's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where EnBW Energie Baden-Wuerttemberg AG's Scaled Net Operating Assets falls into.


FRA:EBK
76GF Score
EnBW Energie Baden-Wuerttemberg AG FRA:EBK
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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EnBW Energie Baden-Wuerttemberg AG 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.

EnBW Energie Baden-Wuerttemberg AG'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 )
=(55840.1-27130.6)/64718.9
=0.44

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=64277.7 - 8437.6
=55840.1

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=46509.9 - 17578.7 - 1800.6
=27130.6

EnBW Energie Baden-Wuerttemberg AG'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 )
=(61464.5-49842.5)/66779.5
=0.17

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=72185.3 - 10720.8
=61464.5

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=49842.5 - 0 - 0
=49842.5

* 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 0.17 mean?
EnBW Energie Baden-Wuerttemberg AG (FRA:EBK) has a Scaled Net Operating Assets of 0.17 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 EnBW Energie Baden-Wuerttemberg AG and its competitors.
Is EnBW Energie Baden-Wuerttemberg AG's Scaled Net Operating Assets too high?
EnBW Energie Baden-Wuerttemberg AG's current Scaled Net Operating Assets is 0.17. Overall, EnBW Energie Baden-Wuerttemberg AG has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EnBW Energie Baden-Wuerttemberg AG's Scaled Net Operating Assets compare to SRE and AES?
EnBW Energie Baden-Wuerttemberg AG's Scaled Net Operating Assets of 0.17 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 EnBW Energie Baden-Wuerttemberg AG and its competitors. EnBW Energie Baden-Wuerttemberg AG's current Scaled Net Operating Assets is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EnBW Energie Baden-Wuerttemberg AG stock overvalued right now?
Based on GuruFocus' analysis, EnBW Energie Baden-Wuerttemberg AG (FRA:EBK) is currently considered Modestly Overvalued. The stock's GF Value™ is €56.02, compared to a current price of €69.40 — trading 23.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.17. EnBW Energie Baden-Wuerttemberg AG's overall GF Score™ is 76/100 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 EnBW Energie Baden-Wuerttemberg AG (FRA:EBK), the current Scaled Net Operating Assets is 0.17 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 EnBW Energie Baden-Wuerttemberg AG (FRA:EBK) Overvalued in 2026?

Based on GuruFocus' analysis, EnBW Energie Baden-Wuerttemberg AG stock appears to be overvalued. The current stock price of €69.40 is trading 23.9% above its estimated GF Value™ of €56.02. GuruFocus considers EnBW Energie Baden-Wuerttemberg AG to be Modestly Overvalued.

Key valuation signals for FRA:EBK:

  • Scaled Net Operating Assets: 0.17
  • GF Value™: €56.02 vs. price of €69.40 (23.9% above fair value)
  • GF Score™: 76/100 with 7 warning signs

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


EnBW Energie Baden-Wuerttemberg AG Business Description

Other Exchanges EBK:Germany
Address Durlacher Allee 93, Karlsruhe, BW, DEU, 76131
EnBW Energie Baden-Wuerttemberg AG is active in the energy sector in Germany and the rest of Europe. It operates in three segments: Smart Infrastructure for Customers, which comprises the sale of electricity and gas, energy industry services and energy solutions, provision and expansion of quick-charging infrastructure and digital solutions for electromobility, broadband activities; System Critical Infrastructure segment is into the transmission and distribution of electricity and gas; and Sustainable Generation Infrastructure segment, which generates maximum revenue, encompasses activities in the areas of renewable energies and conventional generation, district heating and waste management/environmental services. Geographically, the company generates maximum revenue from Germany.
76GF Score

Get the complete analysis for FRA:EBK

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

€69.40
Price
€56.02
GF Value