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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
PACCAR's operating assets for the quarter that ended in Mar. 2026 was €30,011 Mil. PACCAR's operating liabilities for the quarter that ended in Mar. 2026 was €7,656 Mil. PACCAR's Total Assets for the quarter that ended in Dec. 2025 was €37,863 Mil. Therefore, PACCAR's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.59.
PACCAR Scaled Net Operating Assets Related Terms
PACCAR Scaled Net Operating Assets Historical Data
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The historical data trend for PACCAR'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.
HAM:PAE vs CNH, OSK, AGCO: Scaled Net Operating Assets Comparison
For the Farm & Heavy Construction Machinery subindustry, PACCAR'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.
PACCAR Scaled Net Operating Assets vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, PACCAR's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where PACCAR'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 0.59 mean?
PACCAR (HAM:PAE) has a Scaled Net Operating Assets of 0.59 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 PACCAR and its competitors.
Is PACCAR's Scaled Net Operating Assets too high?
PACCAR's current Scaled Net Operating Assets is 0.59. Overall, PACCAR has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does PACCAR's Scaled Net Operating Assets compare to CNH and OSK?
PACCAR's Scaled Net Operating Assets of 0.59 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Scaled Net Operating Assets depends on the Farm & Heavy Construction Machinery 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 PACCAR and its competitors. PACCAR's current Scaled Net Operating Assets is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PACCAR stock overvalued right now?
PACCAR (HAM:PAE) has a current Scaled Net Operating Assets of 0.59. The stock's GF Value™ is €75.89, compared to a current price of €117.14 — trading 54.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.59. PACCAR's overall GF Score™ is 81/100 with 7 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 PACCAR (HAM:PAE), the current Scaled Net Operating Assets is 0.59 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 PACCAR (HAM:PAE) Overvalued in 2026?
Based on GuruFocus' analysis, PACCAR stock appears to be overvalued.
The current stock price of €117.14 is trading 54.4% above its estimated GF Value™ of €75.89.
Key valuation signals for HAM:PAE:
Scaled Net Operating Assets: 0.59
GF Value™: €75.89 vs. price of €117.14 (54.4% above fair value)
No single metric tells the full story. See the HAM:PAE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium nameplates Kenworth and Peterbilt, which are primarily sold in the Americas and Australia, and DAF, which primarily services Europe and South America. The trucks segment (74% sales) goes to market through a network of 2,200 independent dealers. Paccar maintains an internal finance subsidiary that provides retail and wholesale financing for customers and dealers (6% sales). In recent years, Paccar has aggressively expanded its parts business (20% of sales), including engines, axles, and transmissions for its own truck brands as well as independent producers. The company commands 30% of the Class 8 market share in North America and 15% of the heavy-duty market share in Europe.
81GF Score
Get the complete analysis for HAM:PAE
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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