MYR Group (FRA:MYP) Scaled Net Operating Assets: 0.37 (As of Mar. 2026)


FRA:MYP MYR Group Inc FRA:MYP
83 GF Score
Price €415.10
GF Value €160.04
Valuation Significantly Overvalued
! 8 Warning Signs
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What is MYR Group Scaled Net Operating Assets?

MYR Group FRA:MYP -1.35% 83 Scaled Net Operating Assets is 0.37 as of Mar. 2026. GuruFocus rates FRA:MYP with a GF Score™ of 83/100 and a GF Value™ of €160.04 (Significantly Overvalued). The stock has 8 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.

MYR Group's operating assets for the quarter that ended in Mar. 2026 was €1,306 Mil. MYR Group's operating liabilities for the quarter that ended in Mar. 2026 was €786 Mil. MYR Group's Total Assets for the quarter that ended in Dec. 2025 was €1,404 Mil. Therefore, MYR Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.37.


MYR Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for MYR Group'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.

MYR Group Scaled Net Operating Assets Chart

MYR Group 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 0.50 0.56 0.49 0.47 0.37

MYR Group 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 0.44 0.43 0.41 0.37 0.37

FRA:MYP vs FLR, TTEK, ACA: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, MYR Group'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.


MYR Group Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, MYR Group's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:MYP
83GF Score
MYR Group Inc FRA:MYP
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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MYR Group 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.

MYR Group'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 )
=(1275.81-751.645)/1421.808
=0.37

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1404.043 - 128.233
=1275.81

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=840.042 - 72.703 - 15.694
=751.645

MYR Group'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 )
=(1306.351-786.356)/1404.043
=0.37

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1447.512 - 141.161
=1306.351

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=839.573 - 37.472 - 15.745
=786.356

* 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 0.37 mean?
MYR Group (FRA:MYP) has a Scaled Net Operating Assets of 0.37 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 MYR Group and its competitors.
Is MYR Group's Scaled Net Operating Assets too high?
MYR Group's current Scaled Net Operating Assets is 0.37. Overall, MYR Group has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MYR Group's Scaled Net Operating Assets compare to FLR and TTEK?
MYR Group's Scaled Net Operating Assets of 0.37 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 MYR Group and its competitors. MYR Group's current Scaled Net Operating Assets is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MYR Group stock overvalued right now?
Based on GuruFocus' analysis, MYR Group (FRA:MYP) is currently considered Significantly Overvalued. The stock's GF Value™ is €160.04, compared to a current price of €415.10 — trading 159.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.37. MYR Group's overall GF Score™ is 83/100 with 8 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 MYR Group (FRA:MYP), the current Scaled Net Operating Assets is 0.37 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 MYR Group (FRA:MYP) Overvalued in 2026?

Based on GuruFocus' analysis, MYR Group stock appears to be overvalued. The current stock price of €415.10 is trading 159.4% above its estimated GF Value™ of €160.04. GuruFocus considers MYR Group to be Significantly Overvalued.

Key valuation signals for FRA:MYP:

  • Scaled Net Operating Assets: 0.37
  • GF Value™: €160.04 vs. price of €415.10 (159.4% above fair value)
  • GF Score™: 83/100 with 8 warning signs

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


MYR Group Business Description

Other Exchanges MYRG:USAMYP:Germany
Address 12121 Grant Street, Suite 610, Thornton, CO, USA, 80241
MYR Group Inc is a U.S. based holding company of specialty electrical construction service providers. Through its subsidiaries, it serves electric utility, commercial, and industrial construction markets in the United States and Canada, offering services such as design, engineering, procurement, construction, upgrades, maintenance, and repair, with a focus on construction, maintenance, and repair work. The company operates through two segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I). The majority of revenue is derived from the T&D segment, which provides a range of services on electric transmission and distribution networks and substation facilities, which include design, engineering, procurement, construction, upgrade and maintenance and repair services.
83GF 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.

€415.10
Price
€160.04
GF Value