KLXE (KLX Energy Services Holdings) Scaled Net Operating Assets: 0.68 (As of Mar. 2026)


KLXE KLX Energy Services Holdings Inc KLXE
52 GF Score
Price $2.46
GF Value $3.54
Valuation Possible Value Trap
! 4 Warning Signs
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What is KLX Energy Services Holdings Scaled Net Operating Assets?

KLX Energy Services Holdings KLXE -0.40% 52 Scaled Net Operating Assets is 0.68 as of Mar. 2026. GuruFocus rates KLXE with a GF Score™ of 52/100 and a GF Value™ of $3.54 (Possible Value Trap). 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.

KLX Energy Services Holdings's operating assets for the quarter that ended in Mar. 2026 was $325.9 Mil. KLX Energy Services Holdings's operating liabilities for the quarter that ended in Mar. 2026 was $95.3 Mil. KLX Energy Services Holdings's Total Assets for the quarter that ended in Dec. 2025 was $340.3 Mil. Therefore, KLX Energy Services Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.68.


KLX Energy Services Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for KLX Energy Services Holdings'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.

KLX Energy Services Holdings Scaled Net Operating Assets Chart

KLX Energy Services Holdings Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.77 0.63 0.45 0.52

KLX Energy Services Holdings Quarterly Data
Apr21 Jul21 Oct21 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 0.60 0.64 0.66 0.67 0.68

KLXE vs RCON, KLNG, DTI: Scaled Net Operating Assets Comparison

For the Oil & Gas Equipment & Services subindustry, KLX Energy Services Holdings'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.


KLX Energy Services Holdings Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, KLX Energy Services Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where KLX Energy Services Holdings's Scaled Net Operating Assets falls into.


KLXE
52GF Score
KLX Energy Services Holdings Inc KLXE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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KLX Energy Services Holdings 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.

KLX Energy Services Holdings'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 )
=(334.6-96.2)/456.3
=0.52

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=340.3 - 5.7
=334.6

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=414.5 - 287.2 - 31.1
=96.2

KLX Energy Services Holdings'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 )
=(325.9-95.3)/340.3
=0.68

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=331.5 - 5.6
=325.9

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=427.6 - 303.8 - 28.5
=95.3

* 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 0.68 mean?
KLX Energy Services Holdings (KLXE) has a Scaled Net Operating Assets of 0.68 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 KLX Energy Services Holdings and its competitors.
Is KLX Energy Services Holdings' Scaled Net Operating Assets too high?
KLX Energy Services Holdings' current Scaled Net Operating Assets is 0.68. Overall, KLX Energy Services Holdings has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does KLX Energy Services Holdings' Scaled Net Operating Assets compare to RCON and KLNG?
KLX Energy Services Holdings' Scaled Net Operating Assets of 0.68 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas 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 KLX Energy Services Holdings and its competitors. KLX Energy Services Holdings's current Scaled Net Operating Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KLX Energy Services Holdings stock overvalued right now?
Based on GuruFocus' analysis, KLX Energy Services Holdings (KLXE) is currently considered Possible Value Trap. The stock's GF Value™ is $3.54, compared to a current price of $2.46 — trading 30.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.68. KLX Energy Services Holdings' overall GF Score™ is 52/100 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 KLX Energy Services Holdings (KLXE), the current Scaled Net Operating Assets is 0.68 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 KLX Energy Services Holdings (KLXE) Overvalued in 2026?

Based on GuruFocus' analysis, KLX Energy Services Holdings stock appears to be undervalued. The current stock price of $2.46 is trading 30.5% below its estimated GF Value™ of $3.54. GuruFocus considers KLX Energy Services Holdings to be Possible Value Trap.

Key valuation signals for KLXE:

  • Scaled Net Operating Assets: 0.68
  • GF Value™: $3.54 vs. price of $2.46 (30.5% below fair value)
  • GF Score™: 52/100 with 4 warning signs

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


KLX Energy Services Holdings Business Description

Industry EnergyOil & Gas
Other Exchanges KX4A:Germany
Address 3040 Post Oak Boulevard, 15th Floor, Houston, TX, USA, 77056
KLX Energy Services Holdings Inc is a growth-oriented provider of diversified oilfield services to onshore oil and natural gas exploration and production (E&P) companies operating in both conventional and unconventional plays in all of the active basins throughout the United States. It serves the companies engaged in the exploration and development of onshore conventional and unconventional oil and natural gas reserves. Its products and services offerings include surface facilities and equipment, pressure control services, wireline services, fishing services, and engineered products. The company's segments include Southwest; Rocky Mountains and Northeast/Mid-Con region. It derives maximum revenue from Southwest region.
52GF 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.

$2.46
Price
$3.54
GF Value