Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
STEF's operating assets for the quarter that ended in Dec. 2025 was €4,119 Mil. STEF's operating liabilities for the quarter that ended in Dec. 2025 was €1,275 Mil. STEF's Total Assets for the quarter that ended in Jun. 2025 was €4,086 Mil. Therefore, STEF's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.70.
STEF Scaled Net Operating Assets Related Terms
STEF Scaled Net Operating Assets Historical Data
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The historical data trend for STEF'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:STP vs FDX, UPS, JBHT: Scaled Net Operating Assets Comparison
For the Integrated Freight & Logistics subindustry, STEF'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.
STEF Scaled Net Operating Assets vs Transportation Industry
For the Transportation industry and Industrials sector, STEF's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where STEF'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 0.70 mean?
STEF (FRA:STP) has a Scaled Net Operating Assets of 0.70 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on STEF and its competitors.
Is STEF's Scaled Net Operating Assets too high?
STEF's current Scaled Net Operating Assets is 0.70. Overall, STEF has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does STEF's Scaled Net Operating Assets compare to FDX and UPS?
STEF's Scaled Net Operating Assets of 0.70 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 STEF and its competitors. STEF'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 STEF stock overvalued right now?
Based on GuruFocus' analysis, STEF (FRA:STP) is currently considered Modestly Undervalued. The stock's GF Value™ is €135.12, compared to a current price of €115.40 — trading 14.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.70. STEF's overall GF Score™ is 90/100 with 6 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 STEF (FRA:STP), the current Scaled Net Operating Assets is 0.70 as of Dec. 2025. 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 STEF (FRA:STP) Overvalued in 2026?
Based on GuruFocus' analysis, STEF stock appears to be undervalued.
The current stock price of €115.40 is trading 14.6% below its estimated GF Value™ of €135.12.
GuruFocus considers STEF to be Modestly Undervalued.
Key valuation signals for FRA:STP:
Scaled Net Operating Assets: 0.70
GF Value™: €135.12 vs. price of €115.40 (14.6% below fair value)
No single metric tells the full story. See the FRA:STP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
STEF is a transport and logistics company domiciled in France. The company provides temperature-controlled logistics and transport services for fresh, frozen, and thermosensitive products from their production sites to consumption sites under suitable conditions in terms of food safety, time, and quality. The group's operating segments include France, International, and Others. The majority of its revenue is generated from the France segment, which provides transport, logistics, and packaging activities in France and is grouped under the name STEF France. The International segment represents its activities in Italy, Spain, Portugal, Belgium, the Netherlands, Switzerland, and the United Kingdom and is grouped in the STEF International Division, which also covers European consignments.
90GF Score
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