Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Warsaw Stock Exchange's operating assets for the quarter that ended in Mar. 2026 was €242.5 Mil. Warsaw Stock Exchange's operating liabilities for the quarter that ended in Mar. 2026 was €65.4 Mil. Warsaw Stock Exchange's Total Assets for the quarter that ended in Dec. 2025 was €315.2 Mil. Therefore, Warsaw Stock Exchange's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.56.
Warsaw Stock Exchange Scaled Net Operating Assets Related Terms
Warsaw Stock Exchange Scaled Net Operating Assets Historical Data
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The historical data trend for Warsaw Stock Exchange'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.
Warsaw Stock Exchange Scaled Net Operating Assets Chart
FRA:WSX vs SPGI, CME, ICE: Scaled Net Operating Assets Comparison
For the Financial Data & Stock Exchanges subindustry, Warsaw Stock Exchange'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.
Warsaw Stock Exchange Scaled Net Operating Assets vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Warsaw Stock Exchange's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Warsaw Stock Exchange'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?
Warsaw Stock Exchange (FRA:WSX) has a Scaled Net Operating Assets of 0.56 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 Warsaw Stock Exchange and its competitors.
Is Warsaw Stock Exchange's Scaled Net Operating Assets too high?
Warsaw Stock Exchange's current Scaled Net Operating Assets is 0.56. Overall, Warsaw Stock Exchange has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Warsaw Stock Exchange's Scaled Net Operating Assets compare to SPGI and CME?
Warsaw Stock Exchange's Scaled Net Operating Assets of 0.56 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 Warsaw Stock Exchange and its competitors. Warsaw Stock Exchange'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 Warsaw Stock Exchange stock overvalued right now?
Based on GuruFocus' analysis, Warsaw Stock Exchange (FRA:WSX) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.15, compared to a current price of €20.22 — trading 53.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.56. Warsaw Stock Exchange's overall GF Score™ is 89/100 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 Warsaw Stock Exchange (FRA:WSX), the current Scaled Net Operating Assets is 0.56 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 Warsaw Stock Exchange (FRA:WSX) Overvalued in 2026?
Based on GuruFocus' analysis, Warsaw Stock Exchange stock appears to be overvalued.
The current stock price of €20.22 is trading 53.8% above its estimated GF Value™ of €13.15.
GuruFocus considers Warsaw Stock Exchange to be Significantly Overvalued.
Key valuation signals for FRA:WSX:
Scaled Net Operating Assets: 0.56
GF Value™: €13.15 vs. price of €20.22 (53.8% above fair value)
No single metric tells the full story. See the FRA:WSX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Warsaw Stock Exchange is a securities exchange based in Poland whose core activities include organizing exchange trading in financial instruments and activities related to such trading. The group also pursues activities in education, promotion, and information concerning the capital market. The company has traditionally generated listed interest from both local and regional European companies but primarily from small and medium-sized Polish companies. In addition to stock and bond offerings, the exchange also offers trading in debt instruments, derivatives, commodities, and structured products. Sales revenue is classified according to three main business segments: financial market, commodity market, and other.
89GF Score
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