Traction AB (FRA:J2R) Scaled Net Operating Assets: 0.83 (As of Mar. 2026)


FRA:J2R Traction AB FRA:J2R
43 GF Score
Price €20.90
GF Value €4.62
! 4 Warning Signs
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What is Traction AB Scaled Net Operating Assets?

Traction AB FRA:J2R +0.48% 43 Scaled Net Operating Assets is 0.83 as of Mar. 2026. GuruFocus rates FRA:J2R with a GF Score™ of 43/100 and a GF Value™ of €4.62. The stock has 4 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.

Traction AB's operating assets for the quarter that ended in Mar. 2026 was €328.46 Mil. Traction AB's operating liabilities for the quarter that ended in Mar. 2026 was €0.30 Mil. Traction AB's Total Assets for the quarter that ended in Dec. 2025 was €396.32 Mil. Therefore, Traction AB's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.83.

FRA:J2R
43GF Score
Traction AB FRA:J2R
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Traction AB 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.

Traction AB'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 )
=(327.136-0.322)/369.664
=0.88

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=396.322 - 69.186
=327.136

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.322 - 0 - 0
=0.322

Traction AB'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: Dec. 2025 )
=(328.455-0.297)/396.322
=0.83

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=390.769 - 62.314
=328.455

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.297 - 0 - 0
=0.297

* 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 0.83 mean?
Traction AB (FRA:J2R) has a Scaled Net Operating Assets of 0.83 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 Traction AB and its competitors.
Is Traction AB's Scaled Net Operating Assets too high?
Traction AB's current Scaled Net Operating Assets is 0.83. Overall, Traction AB has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Traction AB's Scaled Net Operating Assets compare to BLK and BX?
Traction AB's Scaled Net Operating Assets of 0.83 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Traction AB and its competitors. Traction AB's current Scaled Net Operating Assets is 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Traction AB stock overvalued right now?
Traction AB (FRA:J2R) has a current Scaled Net Operating Assets of 0.83. The stock's GF Value™ is €4.62, compared to a current price of €20.90 — trading 352.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.83. Traction AB's overall GF Score™ is 43/100 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 Traction AB (FRA:J2R), the current Scaled Net Operating Assets is 0.83 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 Traction AB (FRA:J2R) Overvalued in 2026?

Based on GuruFocus' analysis, Traction AB stock appears to be overvalued. The current stock price of €20.90 is trading 352.4% above its estimated GF Value™ of €4.62.

Key valuation signals for FRA:J2R:

  • Scaled Net Operating Assets: 0.83
  • GF Value™: €4.62 vs. price of €20.90 (352.4% above fair value)
  • GF Score™: 43/100 with 4 warning signs

No single metric tells the full story. See the FRA:J2R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Traction AB Business Description

Other Exchanges TRAC B:Sweden
Address Birger Jarlsgatan 33, Box 3314, Stockholm, SWE, 103 66
Traction AB is a Sweden-based investment company engaged in the long-term business development of wholly and partially owned companies. Its core objective is to realize a good return on capital. Its activities are divided into three business divisions: Customer relationships, providing customer-focused business models; Capital flows, offering cost control; and Risk management, including sharing and reducing risk factors. Traction AB invests in listed active holdings, such as BE Group, Drillcon, Duroc, Hifab Group, Nordic Camping and Resort, OEM International, PartnerTech, Softronic, and SwitchCore, as well as in unlisted active entities, including Banking Automation, Modular Streams, Recco Holding, and Silicon.
43GF 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.

€20.90
Price
€4.62
GF Value