HMNKF (HMS Networks AB) Scaled Net Operating Assets: 0.87 (As of Mar. 2026)


HMNKF HMS Networks AB HMNKF
98 GF Score
Price $59.75
GF Value $60.78
Valuation Modestly Overvalued
! 1 Warning Sign
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What is HMS Networks AB Scaled Net Operating Assets?

HMS Networks AB HMNKF 98 Scaled Net Operating Assets is 0.87 as of Mar. 2026. GuruFocus rates HMNKF with a GF Score™ of 98/100 and a GF Value™ of $60.78 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

HMS Networks AB's operating assets for the quarter that ended in Mar. 2026 was $719.0 Mil. HMS Networks AB's operating liabilities for the quarter that ended in Mar. 2026 was $99.4 Mil. HMS Networks AB's Total Assets for the quarter that ended in Dec. 2025 was $710.2 Mil. Therefore, HMS Networks AB's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.87.


HMS Networks AB Scaled Net Operating Assets Historical Data

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The historical data trend for HMS Networks AB'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.

HMS Networks AB Scaled Net Operating Assets Chart

HMS Networks AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.70 0.77 2.04 0.89

HMS Networks AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.89 0.89 0.87 0.83 0.87

HMNKF vs CSCO, CIEN, MSI: Scaled Net Operating Assets Comparison

For the Communication Equipment subindustry, HMS Networks AB'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.


HMS Networks AB Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, HMS Networks AB's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where HMS Networks AB's Scaled Net Operating Assets falls into.


HMNKF
98GF Score
HMS Networks AB HMNKF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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HMS Networks AB Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

HMS Networks AB's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(700.562-92.951)/682.574
=0.89

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=710.181 - 9.619
=700.562

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=335.998 - 210.118 - 32.929
=92.951

HMS Networks AB's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(718.993-99.386)/710.181
=0.87

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=725.325 - 6.332
=718.993

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=326.278 - 197.484 - 29.408
=99.386

* 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 0.87 mean?
HMS Networks AB (HMNKF) has a Scaled Net Operating Assets of 0.87 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 HMS Networks AB and its competitors.
Is HMS Networks AB's Scaled Net Operating Assets too high?
HMS Networks AB's current Scaled Net Operating Assets is 0.87. Overall, HMS Networks AB has a GF Score™ of 98/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HMS Networks AB's Scaled Net Operating Assets compare to CSCO and CIEN?
HMS Networks AB's Scaled Net Operating Assets of 0.87 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 HMS Networks AB and its competitors. HMS Networks AB's current Scaled Net Operating Assets is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HMS Networks AB stock overvalued right now?
Based on GuruFocus' analysis, HMS Networks AB (HMNKF) is currently considered Modestly Overvalued. The stock's GF Value™ is $60.78, compared to a current price of $59.75 — trading 1.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.87. HMS Networks AB's overall GF Score™ is 98/100 with 1 warning sign 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 HMS Networks AB (HMNKF), the current Scaled Net Operating Assets is 0.87 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 HMS Networks AB (HMNKF) Overvalued in 2026?

Based on GuruFocus' analysis, HMS Networks AB stock appears to be undervalued. The current stock price of $59.75 is trading 1.7% below its estimated GF Value™ of $60.78. GuruFocus considers HMS Networks AB to be Modestly Overvalued.

Key valuation signals for HMNKF:

  • Scaled Net Operating Assets: 0.87
  • GF Value™: $60.78 vs. price of $59.75 (1.7% below fair value)
  • GF Score™: 98/100 with 1 warning sign

No single metric tells the full story. See the HMNKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HMS Networks AB Business Description

Address Stationsgatan 37, Box 4126, Halmstad, SWE, SE-300 04
HMS Networks AB supplies proprietary, patented technology for intelligent industrial communication. It develops and manufactures solutions for connecting industrial products to networks and gateways, thus enabling interconnection between various networks. The group sells products in various countries, including Germany. Its operating segments include Industrial Data Solutions, Industrial Network Technology, and New Industries. The brands of the company are Anybus, Red Lion, N-Tron, Ewon, Intesis, Ixxat, Owasys, and PEAK-System.
98GF 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.

$59.75
Price
$60.78
GF Value