Mowi ASA (FRA:PND) Scaled Net Operating Assets: 0.79 (As of Mar. 2026)


FRA:PND Mowi ASA FRA:PND
85 GF Score
Price €16.17
GF Value €19.27
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Mowi ASA Scaled Net Operating Assets?

Mowi ASA FRA:PND +1.00% 85 Scaled Net Operating Assets is 0.79 as of Mar. 2026. GuruFocus rates FRA:PND with a GF Score™ of 85/100 and a GF Value™ of €19.27 (Modestly Undervalued). The stock has 5 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.

Mowi ASA's operating assets for the quarter that ended in Mar. 2026 was €10,148 Mil. Mowi ASA's operating liabilities for the quarter that ended in Mar. 2026 was €2,111 Mil. Mowi ASA's Total Assets for the quarter that ended in Dec. 2025 was €10,229 Mil. Therefore, Mowi ASA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.79.


Mowi ASA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Mowi ASA'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.

Mowi ASA Scaled Net Operating Assets Chart

Mowi ASA 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 0.84 0.94 0.80 0.78 0.91

Mowi ASA 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 0.74 0.76 0.76 0.96 0.79

FRA:PND vs ADM, BG, TSN: Scaled Net Operating Assets Comparison

For the Farm Products subindustry, Mowi ASA'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.


Mowi ASA Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mowi ASA's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:PND
85GF Score
Mowi ASA FRA:PND
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Mowi ASA 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.

Mowi ASA'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 )
=(9950.5-2200.8)/8554.7
=0.91

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10228.5 - 278
=9950.5

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5663.5 - 3133.7 - 329
=2200.8

Mowi ASA'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 )
=(10148.3-2110.5)/10228.5
=0.79

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10370.8 - 222.5
=10148.3

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5650.9 - 3198.7 - 341.7
=2110.5

* 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?
Mowi ASA (FRA:PND) has a Scaled Net Operating Assets of 0.79 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 Mowi ASA and its competitors.
Is Mowi ASA's Scaled Net Operating Assets too high?
Mowi ASA's current Scaled Net Operating Assets is 0.79. Overall, Mowi ASA has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mowi ASA's Scaled Net Operating Assets compare to ADM and BG?
Mowi ASA's Scaled Net Operating Assets of 0.79 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 Mowi ASA and its competitors. Mowi ASA'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 Mowi ASA stock overvalued right now?
Based on GuruFocus' analysis, Mowi ASA (FRA:PND) is currently considered Modestly Undervalued. The stock's GF Value™ is €19.27, compared to a current price of €16.17 — trading 16.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.79. Mowi ASA's overall GF Score™ is 85/100 with 5 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 Mowi ASA (FRA:PND), the current Scaled Net Operating Assets is 0.79 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 Mowi ASA (FRA:PND) Overvalued in 2026?

Based on GuruFocus' analysis, Mowi ASA stock appears to be undervalued. The current stock price of €16.17 is trading 16.1% below its estimated GF Value™ of €19.27. GuruFocus considers Mowi ASA to be Modestly Undervalued.

Key valuation signals for FRA:PND:

  • Scaled Net Operating Assets: 0.79
  • GF Value™: €19.27 vs. price of €16.17 (16.1% below fair value)
  • GF Score™: 85/100 with 5 warning signs

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


Mowi ASA Business Description

Address Sandviksboder 77A/B, Bergen, NOR, 5035
Mowi ASA is a Norway-based producer of farmed salmon, distributing salmon and other processed seafood globally. The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. It operates in three business segments: Feed, Farming, and Sales & Marketing. Fish feed production comprises its two feed plants in Norway and Scotland. Farming includes a single operating segment composed of farming operations in Norway, Scotland, Canada, Chile, Ireland, the Faroe Islands, and Iceland, and Sales and Marketing is composed of two operating segments: Markets and Consumer Products. A majority of the company's revenue is generated from the Sales and Marketing business. Geographically, it derives maximum revenue from Europe.
85GF Score

Get the complete analysis for FRA:PND

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

€16.17
Price
€19.27
GF Value