Aveng (JSE:AEG) Scaled Net Operating Assets: 0.00 (As of Dec. 2025)


JSE:AEG Aveng Ltd JSE:AEG
50 GF Score
Price R4.32
GF Value R7.68
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Aveng Scaled Net Operating Assets?

Aveng JSE:AEG -1.14% 50 Scaled Net Operating Assets is 0.00 as of Dec. 2025. GuruFocus rates JSE:AEG with a GF Score™ of 50/100 and a GF Value™ of R7.68 (Significantly Undervalued). The stock has 4 warning signs investors should review.

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

Aveng's operating assets for the quarter that ended in Dec. 2025 was R7,147 Mil. Aveng's operating liabilities for the quarter that ended in Dec. 2025 was R7,104 Mil. Aveng's Total Assets for the quarter that ended in Jun. 2025 was R12,053 Mil. Therefore, Aveng's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.00.


Aveng Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Aveng'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.

Aveng Scaled Net Operating Assets Chart

Aveng Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.21 0.32 0.26 0.08

Aveng Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.16 0.25 0.09 0.10 0.00

JSE:AEG vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, Aveng'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.


Aveng Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Aveng's Scaled Net Operating Assets distribution charts can be found below:

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


JSE:AEG
50GF Score
Aveng Ltd JSE:AEG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Aveng 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.

Aveng's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(9647.09-8352.741)/15451.454
=0.08

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12053.192 - 2406.102
=9647.09

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9773.928 - 1120.408 - 300.779
=8352.741

Aveng's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(7147.165-7104.362)/12053.192
=0.00

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10601.436 - 3454.271
=7147.165

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8401.05 - 946.098 - 350.59
=7104.362

* 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 0.00 mean?
Aveng (JSE:AEG) has a Scaled Net Operating Assets of 0.00 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 Aveng and its competitors.
Is Aveng's Scaled Net Operating Assets too high?
Aveng's current Scaled Net Operating Assets is 0.00. Overall, Aveng has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aveng's Scaled Net Operating Assets compare to PWR and FIX?
Aveng's Scaled Net Operating Assets of 0.00 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Aveng and its competitors. Aveng's current Scaled Net Operating Assets is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aveng stock overvalued right now?
Based on GuruFocus' analysis, Aveng (JSE:AEG) is currently considered Significantly Undervalued. The stock's GF Value™ is R7.68, compared to a current price of R4.32 — trading 43.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.00. Aveng's overall GF Score™ is 50/100 with 4 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 Aveng (JSE:AEG), the current Scaled Net Operating Assets is 0.00 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 Aveng (JSE:AEG) Overvalued in 2026?

Based on GuruFocus' analysis, Aveng stock appears to be undervalued. The current stock price of R4.32 is trading 43.8% below its estimated GF Value™ of R7.68. GuruFocus considers Aveng to be Significantly Undervalued.

Key valuation signals for JSE:AEG:

  • Scaled Net Operating Assets: 0.00
  • GF Value™: R7.68 vs. price of R4.32 (43.8% below fair value)
  • GF Score™: 50/100 with 4 warning signs

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


Aveng Business Description

Other Exchanges UG8K:Germany
Address 2 Merlin Rose Avenue, Parkhaven, Boksburg, GT, ZAF, 1459
Aveng Ltd is in the construction and engineering business. It has the following segments; the Infrastructure segment comprises McConnell Dowell and is divided into Australia, New Zealand and Pacific Islands, and Southeast Asia; the Building segment comprises Built Environs, an infrastructure-led specialist with experience in sport, health and science, defence, education, residential, commercial, retail, industrial, and infrastructure sectors; the Mining segment comprises Moolmans, a tier-one contract mining business operating in Africa with a primary focus on open cast mining; and Aveng Legacy; and the Aveng Corporate segment. It generates the majority of its revenue from the Infrastructure segment.
50GF 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.

R4.32
Price
R7.68
GF Value