Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Wendel SE's operating assets for the quarter that ended in Dec. 2025 was €13,313 Mil. Wendel SE's operating liabilities for the quarter that ended in Dec. 2025 was €4,588 Mil. Wendel SE's Total Assets for the quarter that ended in Jun. 2025 was €15,697 Mil. Therefore, Wendel SE's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.56.
Wendel SE Scaled Net Operating Assets Related Terms
Wendel SE Scaled Net Operating Assets Historical Data
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The historical data trend for Wendel SE'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:WIS vs BLK, BX, KKR: Scaled Net Operating Assets Comparison
For the Asset Management subindustry, Wendel SE'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.
Wendel SE Scaled Net Operating Assets vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Wendel SE's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Wendel SE'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 0.56 mean?
Wendel SE (FRA:WIS) has a Scaled Net Operating Assets of 0.56 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 Wendel SE and its competitors.
Is Wendel SE's Scaled Net Operating Assets too high?
Wendel SE's current Scaled Net Operating Assets is 0.56. Overall, Wendel SE has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wendel SE's Scaled Net Operating Assets compare to BLK and BX?
Wendel SE's Scaled Net Operating Assets of 0.56 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Wendel SE and its competitors. Wendel SE's current Scaled Net Operating Assets is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wendel SE stock overvalued right now?
Based on GuruFocus' analysis, Wendel SE (FRA:WIS) is currently considered Modestly Undervalued. The stock's GF Value™ is €99.86, compared to a current price of €82.00 — trading 17.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.56. Wendel SE's overall GF Score™ is 82/100 with 3 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 Wendel SE (FRA:WIS), the current Scaled Net Operating Assets is 0.56 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 Wendel SE (FRA:WIS) Overvalued in 2026?
Based on GuruFocus' analysis, Wendel SE stock appears to be undervalued.
The current stock price of €82.00 is trading 17.9% below its estimated GF Value™ of €99.86.
GuruFocus considers Wendel SE to be Modestly Undervalued.
Key valuation signals for FRA:WIS:
Scaled Net Operating Assets: 0.56
GF Value™: €99.86 vs. price of €82.00 (17.9% below fair value)
No single metric tells the full story. See the FRA:WIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wendel SE is a long-term, private equity investment firm that focuses on Africa, North America, and Europe. Over a third of the company's outstanding shares are concentrated in family wealth, which shares its name with the company. Its principal investments are in mobile telephone infrastructure, packaging and labels, paints, coatings and finishing products, and security services. It has two operating segments principal investments portfolio and private asset management platform which includes IK Partners - European private equity firm. The principal investments portfolio includes Bureau Veritas, Stahl, Scalian, CPI, ACAMS, Tarkett and Globeducate.
82GF 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.
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