KOP (Koppers Holdings) Scaled Net Operating Assets: 0.81 (As of Mar. 2026)


KOP Koppers Holdings Inc KOP
69 GF Score
Price $45.12
GF Value $34.52
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Koppers Holdings Scaled Net Operating Assets?

Koppers Holdings KOP +0.94% 69 Scaled Net Operating Assets is 0.81 as of Mar. 2026. GuruFocus rates KOP with a GF Score™ of 69/100 and a GF Value™ of $34.52 (Significantly Overvalued). 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.

Koppers Holdings's operating assets for the quarter that ended in Mar. 2026 was $1,838 Mil. Koppers Holdings's operating liabilities for the quarter that ended in Mar. 2026 was $308 Mil. Koppers Holdings's Total Assets for the quarter that ended in Dec. 2025 was $1,887 Mil. Therefore, Koppers Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.81.

Koppers Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Koppers 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.

Koppers Holdings Scaled Net Operating Assets Chart

Koppers Holdings 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 0.78 0.77 0.80 0.80 0.83

Koppers Holdings 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 0.81 0.82 0.80 0.82 0.81

KOP vs KRO, MATV, ODC: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Koppers 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.

Koppers Holdings Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Koppers Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


KOP
69GF Score
Koppers Holdings Inc KOP
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Koppers 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.

Koppers 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 )
=(1848.8-290)/1890.2
=0.82

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1886.8 - 38
=1848.8

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1312.5 - 990.4 - 32.1
=290

Koppers 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 )
=(1837.5-307.9)/1886.8
=0.81

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1880.3 - 42.8
=1837.5

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1330.8 - 989.9 - 33
=307.9

* 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 0.81 mean?
Koppers Holdings (KOP) has a Scaled Net Operating Assets of 0.81 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 Koppers Holdings and its competitors.
Is Koppers Holdings' Scaled Net Operating Assets too high?
Koppers Holdings' current Scaled Net Operating Assets is 0.81. Overall, Koppers Holdings has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Koppers Holdings' Scaled Net Operating Assets compare to KRO and MATV?
Koppers Holdings' Scaled Net Operating Assets of 0.81 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Koppers Holdings and its competitors. Koppers Holdings's current Scaled Net Operating Assets is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koppers Holdings stock overvalued right now?
Based on GuruFocus' analysis, Koppers Holdings (KOP) is currently considered Significantly Overvalued. The stock's GF Value™ is $34.52, compared to a current price of $45.12 — trading 30.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.81. Koppers Holdings' overall GF Score™ is 69/100 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 Koppers Holdings (KOP), the current Scaled Net Operating Assets is 0.81 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 Koppers Holdings (KOP) Overvalued in 2026?

Based on GuruFocus' analysis, Koppers Holdings stock appears to be overvalued. The current stock price of $45.12 is trading 30.7% above its estimated GF Value™ of $34.52. GuruFocus considers Koppers Holdings to be Significantly Overvalued.

Key valuation signals for KOP:

  • Scaled Net Operating Assets: 0.81
  • GF Value™: $34.52 vs. price of $45.12 (30.7% above fair value)
  • GF Score™: 69/100 with 8 warning signs

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

Koppers Holdings Business Description

Other Exchanges KO9:Germany
Address 436 Seventh Avenue, Pittsburgh, PA, USA, 15219
Koppers Holdings Inc through its subsidiaries, manufactures and sells wood products, wood treatment chemicals, and carbon compounds used in markets such as railroad, aluminum and steel, agriculture, utilities, and residential lumber. The company is organized into three business segments: railroad and utility products and services, performance chemicals, and carbon materials and chemicals. Its product portfolio includes treated and untreated wood products like crossties used in railroads, wood preservation chemicals, and carbon compounds such as creosote used in the treatment of wood crossties, among others. The majority of its revenue comes from the company's railroad and utility products and services segment, and more than half of the company's revenue is earned in the United States.
69GF Score

Get the complete analysis for KOP

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$45.12
Price
$34.52
GF Value