Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
KH Group's operating assets for the quarter that ended in Mar. 2026 was €153.4 Mil. KH Group's operating liabilities for the quarter that ended in Mar. 2026 was €31.1 Mil. KH Group's Total Assets for the quarter that ended in Dec. 2025 was €156.7 Mil. Therefore, KH Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.78.
KH Group Scaled Net Operating Assets Related Terms
KH Group Scaled Net Operating Assets Historical Data
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The historical data trend for KH 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.
FRA:WE3 vs HON, MMM: Scaled Net Operating Assets Comparison
For the Industrial Distribution subindustry, KH 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.
KH Group Scaled Net Operating Assets vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, KH Group's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where KH Group'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 0.78 mean?
KH Group (FRA:WE3) has a Scaled Net Operating Assets of 0.78 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 KH Group and its competitors.
Is KH Group's Scaled Net Operating Assets too high?
KH Group's current Scaled Net Operating Assets is 0.78. Overall, KH Group has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does KH Group's Scaled Net Operating Assets compare to HON and MMM?
KH Group's Scaled Net Operating Assets of 0.78 can be compared against companies in the Industrial Distribution 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 Industrial Distribution company?
A good Scaled Net Operating Assets depends on the Industrial Distribution 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 KH Group and its competitors. KH Group's current Scaled Net Operating Assets is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KH Group stock overvalued right now?
KH Group (FRA:WE3) has a current Scaled Net Operating Assets of 0.78. The stock's GF Value™ is €0.56, compared to a current price of €0.51 — trading 8.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.78. KH Group's overall GF Score™ is 40/100 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 KH Group (FRA:WE3), the current Scaled Net Operating Assets is 0.78 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 KH Group (FRA:WE3) Overvalued in 2026?
Based on GuruFocus' analysis, KH Group stock appears to be undervalued.
The current stock price of €0.51 is trading 8.6% below its estimated GF Value™ of €0.56.
Key valuation signals for FRA:WE3:
Scaled Net Operating Assets: 0.78
GF Value™: €0.56 vs. price of €0.51 (8.6% below fair value)
No single metric tells the full story. See the FRA:WE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KH Group PLC is a Nordic corporation supporting sustainable construction and society's critical functions, with two business areas: KH-Koneet, a supplier of construction and earthmoving machinery, and Nordic Rescue Group, a rescue vehicle manufacturer. The company operates through KH-Koneet and Nordic Rescue Group segments, with KH-Koneet generating the majority of its revenue by selling and renting machinery, equipment, and services for earthworks, property maintenance, and material handling, while Nordic Rescue Group manufactures and distributes rescue vehicles in the Nordic countries. Its geographic areas are Finland and Sweden.
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