KLCCY (Kloeckner SE) Scaled Net Operating Assets: 0.53 (As of Mar. 2026)


What is Kloeckner SE Scaled Net Operating Assets?

Kloeckner SE KLCCY 57 Scaled Net Operating Assets is 0.53 as of Mar. 2026. GuruFocus rates KLCCY with a GF Score™ of 57/100. The stock has 8 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.

Kloeckner SE's operating assets for the quarter that ended in Mar. 2026 was $4,209.80 Mil. Kloeckner SE's operating liabilities for the quarter that ended in Mar. 2026 was $2,175.05 Mil. Kloeckner SE's Total Assets for the quarter that ended in Dec. 2025 was $3,839.93 Mil. Therefore, Kloeckner SE's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.53.

Kloeckner SE Scaled Net Operating Assets Historical Data

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The historical data trend for Kloeckner SE'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.

Kloeckner SE Scaled Net Operating Assets Chart

Kloeckner SE 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 0.85 0.57 0.67 0.62 0.72

Kloeckner SE 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 0.43 0.70 0.43 0.66 0.53

KLCCY vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, Kloeckner SE'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.

Kloeckner SE Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, Kloeckner SE's Scaled Net Operating Assets distribution charts can be found below:

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


Kloeckner SE 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.

Kloeckner SE'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 )
=(3754.943-1092.684)/3704.587
=0.72

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3839.934 - 84.991
=3754.943

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1987.205 - 784.789 - 109.732
=1092.684

Kloeckner SE'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 )
=(4209.803-2175.051)/3839.934
=0.53

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4284.72 - 74.917
=4209.803

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2379.798 - 0 - 204.747
=2175.051

* 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 0.53 mean?
Kloeckner SE (KLCCY) has a Scaled Net Operating Assets of 0.53 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 Kloeckner SE and its competitors.
Is Kloeckner SE's Scaled Net Operating Assets too high?
Kloeckner SE's current Scaled Net Operating Assets is 0.53. Overall, Kloeckner SE has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Kloeckner SE's Scaled Net Operating Assets compare to NUE and STLD?
Kloeckner SE's Scaled Net Operating Assets of 0.53 can be compared against companies in the Steel 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 Steel company?
A good Scaled Net Operating Assets depends on the Steel 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 Kloeckner SE and its competitors. Kloeckner SE's current Scaled Net Operating Assets is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kloeckner SE stock overvalued right now?
Kloeckner SE (KLCCY) has a current Scaled Net Operating Assets of 0.53. The current Scaled Net Operating Assets is 0.53. Kloeckner SE's overall GF Score™ is 57/100 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 Kloeckner SE (KLCCY), the current Scaled Net Operating Assets is 0.53 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.

Kloeckner SE Business Description

Address Peter-Muller-Street 24, Dusseldorf, DEU, D-40468
Kloeckner & Co SE is a German-based steel and metal distributor, as well as an operator of steel service centers. It acts as a connecting link between steel producers and consumers. It provides customers with an optimized, end-to-end solution from procurement through logistics to prefabrication, including individual delivery and 24-hour service. It caters to industries like construction, consumer goods, metal transforming, transportation, machinery manufacturing, mechanical engineering, and others. The company has three operating segments: Kloeckner Metals Americas, and Kloeckner Metals Europe.