Teqnion AB (FRA:M45) Scaled Net Operating Assets: 0.70 (As of Mar. 2026)


FRA:M45 Teqnion AB FRA:M45
63 GF Score
Price €13.96
GF Value €18.55
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Teqnion AB Scaled Net Operating Assets?

Teqnion AB FRA:M45 +0.58% 63 Scaled Net Operating Assets is 0.70 as of Mar. 2026. GuruFocus rates FRA:M45 with a GF Score™ of 63/100 and a GF Value™ of €18.55 (Modestly Undervalued). 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.

Teqnion AB's operating assets for the quarter that ended in Mar. 2026 was €182.3 Mil. Teqnion AB's operating liabilities for the quarter that ended in Mar. 2026 was €50.9 Mil. Teqnion AB's Total Assets for the quarter that ended in Dec. 2025 was €188.2 Mil. Therefore, Teqnion AB's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.70.


Teqnion AB Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Teqnion AB'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.

Teqnion AB Scaled Net Operating Assets Chart

Teqnion AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.80 0.77 0.82 0.74 0.80

Teqnion AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.75 0.70 0.68 0.64 0.70

FRA:M45 vs HON, MMM: Scaled Net Operating Assets Comparison

For the Conglomerates subindustry, Teqnion AB'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.


Teqnion AB Scaled Net Operating Assets vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Teqnion AB's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:M45
63GF Score
Teqnion AB FRA:M45
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Teqnion 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.

Teqnion 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 )
=(168.926-48.602)/149.688
=0.80

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=188.177 - 19.251
=168.926

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=107.67 - 55.043 - 4.025
=48.602

Teqnion 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 )
=(182.271-50.931)/188.177
=0.70

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=198.676 - 16.405
=182.271

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=113.356 - 57.662 - 4.763
=50.931

* 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 0.70 mean?
Teqnion AB (FRA:M45) has a Scaled Net Operating Assets of 0.70 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 Teqnion AB and its competitors.
Is Teqnion AB's Scaled Net Operating Assets too high?
Teqnion AB's current Scaled Net Operating Assets is 0.70. Overall, Teqnion AB has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Teqnion AB's Scaled Net Operating Assets compare to HON and MMM?
Teqnion AB's Scaled Net Operating Assets of 0.70 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Scaled Net Operating Assets depends on the Conglomerates 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 Teqnion AB and its competitors. Teqnion AB's current Scaled Net Operating Assets is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teqnion AB stock overvalued right now?
Based on GuruFocus' analysis, Teqnion AB (FRA:M45) is currently considered Modestly Undervalued. The stock's GF Value™ is €18.55, compared to a current price of €13.96 — trading 24.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.70. Teqnion AB's overall GF Score™ is 63/100 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 Teqnion AB (FRA:M45), the current Scaled Net Operating Assets is 0.70 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 Teqnion AB (FRA:M45) Overvalued in 2026?

Based on GuruFocus' analysis, Teqnion AB stock appears to be undervalued. The current stock price of €13.96 is trading 24.7% below its estimated GF Value™ of €18.55. GuruFocus considers Teqnion AB to be Modestly Undervalued.

Key valuation signals for FRA:M45:

  • Scaled Net Operating Assets: 0.70
  • GF Value™: €18.55 vs. price of €13.96 (24.7% below fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the FRA:M45 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Teqnion AB Business Description

Other Exchanges TEQ:Sweden
Address Dalvagen 14, Solna, SWE, 169 56
Teqnion AB is an industrial group that acquires stable niche companies with good cash flows to develop and own with an eternal horizon. The subsidiaries are managed in a decentralized manner with support from the parent company. Its group of companies consists of agency businesses that include brands, product and service companies developing solutions for specific industrial niches, and manufacturing companies that sell products under their own or customers' brands. Teqnion continuously supports its companies with planning work and problem-solving beyond the everyday management and financial resources. Geographically, the Group generates maximum revenue from Sweden, and the rest from the European Union (excluding Sweden), the United Kingdom, Norway, the USA, and the Rest of the world.
63GF Score

Get the complete analysis for FRA:M45

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

€13.96
Price
€18.55
GF Value