Federal Signal (FRA:FSG) Scaled Net Operating Assets: 0.79 (As of Jun. 2026)

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FRA:FSG Federal Signal Corp FRA:FSG
99 GF Score
Price €100.00
GF Value €98.00
Valuation Fairly Valued
! 1 Warning Sign
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What is Federal Signal Scaled Net Operating Assets?

Federal Signal FRA:FSG 99 Scaled Net Operating Assets is 0.79 as of Jun. 2026. GuruFocus rates FRA:FSG with a GF Score™ of 99/100 and a GF Value™ of €98.00 (Fairly Valued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Federal Signal's operating assets for the quarter that ended in Jun. 2026 was €2,063 Mil. Federal Signal's operating liabilities for the quarter that ended in Jun. 2026 was €388 Mil. Federal Signal's Total Assets for the quarter that ended in Mar. 2026 was €2,123 Mil. Therefore, Federal Signal's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.79.


Federal Signal Scaled Net Operating Assets Historical Data

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The historical data trend for Federal Signal'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.

Federal Signal Scaled Net Operating Assets Chart

Federal Signal Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.94 0.80 0.87 0.97

Federal Signal Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.75 0.78 0.99 0.82 0.79

FRA:FSG vs TEX, AGCO, OSK: Scaled Net Operating Assets Comparison

For the Farm & Heavy Construction Machinery subindustry, Federal Signal'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.


Federal Signal Scaled Net Operating Assets vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Federal Signal's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:FSG
99GF Score
Federal Signal Corp FRA:FSG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Federal Signal 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.

Federal Signal'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 )
=(1988.88-355.263)/1685.766
=0.97

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2043.28 - 54.4
=1988.88

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=863.052 - 500.615 - 7.174
=355.263

Federal Signal's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(2063.41-387.649)/2123.056
=0.79

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2117.92 - 54.51
=2063.41

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=809.323 - 409.522 - 12.152
=387.649

* 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 0.79 mean?
Federal Signal (FRA:FSG) has a Scaled Net Operating Assets of 0.79 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Federal Signal and its competitors.
Is Federal Signal's Scaled Net Operating Assets too high?
Federal Signal's current Scaled Net Operating Assets is 0.79. Overall, Federal Signal has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Federal Signal's Scaled Net Operating Assets compare to TEX and AGCO?
Federal Signal's Scaled Net Operating Assets of 0.79 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 Federal Signal and its competitors. Federal Signal's current Scaled Net Operating Assets is 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Signal stock overvalued right now?
Based on GuruFocus' analysis, Federal Signal (FRA:FSG) is currently considered Fairly Valued. The stock's GF Value™ is €98.00, compared to a current price of €100.00 — trading 2% above its estimated fair value. The current Scaled Net Operating Assets is 0.79. Federal Signal's overall GF Score™ is 99/100 with 1 warning sign 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 Federal Signal (FRA:FSG), the current Scaled Net Operating Assets is 0.79 as of Jun. 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 Federal Signal (FRA:FSG) Overvalued in 2026?

Based on GuruFocus' analysis, Federal Signal stock appears to be overvalued. The current stock price of €100.00 is trading 2% above its estimated GF Value™ of €98.00. GuruFocus considers Federal Signal to be Fairly Valued.

Key valuation signals for FRA:FSG:

  • Scaled Net Operating Assets: 0.79
  • GF Value™: €98.00 vs. price of €100.00 (2% above fair value)
  • GF Score™: 99/100 with 1 warning sign

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


Federal Signal Business Description

Other Exchanges FSS:USA
Address 1333 Butterfield Road, Downers Grove, IL, USA, 60515
Federal Signal Corp designs and manufactures products and integrated solutions for municipal, governmental, industrial, and airport customers. It operates through two segments. The Environmental Solutions Group manufactures and supplies street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks, high-performance water blasting equipment, dump truck bodies, and trailers. The Safety and Security Systems Group manufactures and supplies comprehensive systems and products used by law enforcement, fire rescue, and industrial sites to protect people and property. Its offerings include systems for community alerting and industrial communications. The company generates the majority of its revenue from the Environmental Solutions Group segment.
99GF Score

Get the complete analysis for FRA:FSG

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

€100.00
Price
€98.00
GF Value