Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
H.B. Fuller Co's operating assets for the quarter that ended in May. 2026 was €4,464 Mil. H.B. Fuller Co's operating liabilities for the quarter that ended in May. 2026 was €1,005 Mil. H.B. Fuller Co's Total Assets for the quarter that ended in Feb. 2026 was €4,416 Mil. Therefore, H.B. Fuller Co's scaled net operating assets (SNOA) for the quarter that ended in May. 2026 was 0.78.
H.B. Fuller Co Scaled Net Operating Assets Related Terms
H.B. Fuller Co Scaled Net Operating Assets Historical Data
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The historical data trend for H.B. Fuller Co'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:HB1 vs HWKN, WDFC, AVNT: Scaled Net Operating Assets Comparison
For the Specialty Chemicals subindustry, H.B. Fuller Co'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.
H.B. Fuller Co Scaled Net Operating Assets vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, H.B. Fuller Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where H.B. Fuller Co'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 0.78 mean?
H.B. Fuller Co (FRA:HB1) has a Scaled Net Operating Assets of 0.78 as of May. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on H.B. Fuller Co and its competitors.
Is H.B. Fuller Co's Scaled Net Operating Assets too high?
H.B. Fuller Co's current Scaled Net Operating Assets is 0.78. Overall, H.B. Fuller Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does H.B. Fuller Co's Scaled Net Operating Assets compare to HWKN and WDFC?
H.B. Fuller Co's Scaled Net Operating Assets of 0.78 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 H.B. Fuller Co and its competitors. H.B. Fuller Co's current Scaled Net Operating Assets is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H.B. Fuller Co stock overvalued right now?
Based on GuruFocus' analysis, H.B. Fuller Co (FRA:HB1) is currently considered Modestly Undervalued. The stock's GF Value™ is €58.28, compared to a current price of €50.50 — trading 13.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.78. H.B. Fuller Co's overall GF Score™ is 83/100 with 4 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 H.B. Fuller Co (FRA:HB1), the current Scaled Net Operating Assets is 0.78 as of May. 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 H.B. Fuller Co (FRA:HB1) Overvalued in 2026?
Based on GuruFocus' analysis, H.B. Fuller Co stock appears to be undervalued.
The current stock price of €50.50 is trading 13.3% below its estimated GF Value™ of €58.28.
GuruFocus considers H.B. Fuller Co to be Modestly Undervalued.
Key valuation signals for FRA:HB1:
Scaled Net Operating Assets: 0.78
GF Value™: €58.28 vs. price of €50.50 (13.3% below fair value)
No single metric tells the full story. See the FRA:HB1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
H.B. Fuller Co manufactures and sells adhesives, sealants, and other chemical-based products. The company organizes itself into three segments: Hygiene, Health and Consumable Adhesives, Engineering Adhesives, and Construction Adhesives. It generates the maximum revenue from hygiene, health, and consumable adhesives. This segment produces and supplies a full range of specialty industrial adhesives such as thermoplastic, thermoset, reactive, water-based, and solvent-based products for applications in various markets, including packaging, converting, nonwoven, and hygiene (disposable diapers, feminine care, and medical garments) and health and beauty. The company generates around half of its revenue in the United States.
83GF Score
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