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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.
Kaiser Aluminum's operating assets for the quarter that ended in Jun. 2026 was $2,851 Mil. Kaiser Aluminum's operating liabilities for the quarter that ended in Jun. 2026 was $897 Mil. Kaiser Aluminum's Total Assets for the quarter that ended in Mar. 2026 was $2,790 Mil. Therefore, Kaiser Aluminum's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.70.
Kaiser Aluminum Scaled Net Operating Assets Related Terms
Kaiser Aluminum Scaled Net Operating Assets Historical Data
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The historical data trend for Kaiser Aluminum'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.
KALU vs CSTM, CENX, AA: Scaled Net Operating Assets Comparison
For the Aluminum subindustry, Kaiser Aluminum'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.
Kaiser Aluminum Scaled Net Operating Assets vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Kaiser Aluminum's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Kaiser Aluminum'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 0.70 mean?
Kaiser Aluminum (KALU) has a Scaled Net Operating Assets of 0.70 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Kaiser Aluminum and its competitors.
Is Kaiser Aluminum's Scaled Net Operating Assets too high?
Kaiser Aluminum's current Scaled Net Operating Assets is 0.70. Overall, Kaiser Aluminum has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kaiser Aluminum's Scaled Net Operating Assets compare to CSTM and CENX?
Kaiser Aluminum's Scaled Net Operating Assets of 0.70 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining 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 Kaiser Aluminum and its competitors. Kaiser Aluminum's current Scaled Net Operating Assets is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaiser Aluminum stock overvalued right now?
Based on GuruFocus' analysis, Kaiser Aluminum (KALU) is currently considered Significantly Overvalued. The stock's GF Value™ is $103.20, compared to a current price of $149.84 — trading 45.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.70. Kaiser Aluminum's overall GF Score™ is 70/100 with 2 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 Kaiser Aluminum (KALU), the current Scaled Net Operating Assets is 0.70 as of Jun. 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 Kaiser Aluminum (KALU) Overvalued in 2026?
Based on GuruFocus' analysis, Kaiser Aluminum stock appears to be overvalued.
The current stock price of $149.84 is trading 45.2% above its estimated GF Value™ of $103.20.
GuruFocus considers Kaiser Aluminum to be Significantly Overvalued.
Key valuation signals for KALU:
Scaled Net Operating Assets: 0.70
GF Value™: $103.20 vs. price of $149.84 (45.2% above fair value)
No single metric tells the full story. See the KALU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kaiser Aluminum Corp specializes in the production of semi-fabricated specialty aluminum mill products, such as aluminum plate and sheet, bare and coated coil and extruded and drawn products, for the end market applications: Aero/HS Products; Packaging; GE Products; and Automotive Extrusions. Its products include fabricated aluminum mill products such as flat-rolled (plate, sheet, and coil), extruded (rod, bar, hollows, and shapes), drawn (rod, bar, pipe, tube and wire) and certain cast aluminum products. Geographically, the company generates majority of its revenue from the United States.
70GF Score
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