KRNTY (Krones AG) Scaled Net Operating Assets: 0.33 (As of Mar. 2026)


KRNTY Krones AG KRNTY
87 GF Score
Price $69.88
GF Value $80.42
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Krones AG Scaled Net Operating Assets?

Krones AG KRNTY 87 Scaled Net Operating Assets is 0.33 as of Mar. 2026. GuruFocus rates KRNTY with a GF Score™ of 87/100 and a GF Value™ of $80.42 (Modestly Undervalued). The stock has 3 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.

Krones AG's operating assets for the quarter that ended in Mar. 2026 was $5,268 Mil. Krones AG's operating liabilities for the quarter that ended in Mar. 2026 was $3,323 Mil. Krones AG's Total Assets for the quarter that ended in Dec. 2025 was $5,904 Mil. Therefore, Krones AG's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.33.


Krones AG Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Krones AG'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.

Krones AG Scaled Net Operating Assets Chart

Krones AG 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 0.34 0.28 0.35 0.35 0.41

Krones AG 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 0.30 0.35 0.36 0.36 0.33

KRNTY vs GEV, ETN, PH: Scaled Net Operating Assets Comparison

For the Specialty Industrial Machinery subindustry, Krones AG'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.


Krones AG Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Krones AG's Scaled Net Operating Assets distribution charts can be found below:

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


KRNTY
87GF Score
Krones AG KRNTY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Krones AG 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.

Krones AG'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 )
=(5260.697-3237.219)/4973.266
=0.41

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5904.126 - 643.429
=5260.697

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3411.509 - 121.407 - 52.883
=3237.219

Krones AG'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 )
=(5267.746-3323.468)/5904.126
=0.33

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5873.642 - 605.896
=5267.746

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3324.624 - 0 - 1.156
=3323.468

* 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 0.33 mean?
Krones AG (KRNTY) has a Scaled Net Operating Assets of 0.33 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 Krones AG and its competitors.
Is Krones AG's Scaled Net Operating Assets too high?
Krones AG's current Scaled Net Operating Assets is 0.33. Overall, Krones AG has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Krones AG's Scaled Net Operating Assets compare to GEV and ETN?
Krones AG's Scaled Net Operating Assets of 0.33 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 Krones AG and its competitors. Krones AG's current Scaled Net Operating Assets is 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krones AG stock overvalued right now?
Based on GuruFocus' analysis, Krones AG (KRNTY) is currently considered Modestly Undervalued. The stock's GF Value™ is $80.42, compared to a current price of $69.88 — trading 13.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.33. Krones AG's overall GF Score™ is 87/100 with 3 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 Krones AG (KRNTY), the current Scaled Net Operating Assets is 0.33 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 Krones AG (KRNTY) Overvalued in 2026?

Based on GuruFocus' analysis, Krones AG stock appears to be undervalued. The current stock price of $69.88 is trading 13.1% below its estimated GF Value™ of $80.42. GuruFocus considers Krones AG to be Modestly Undervalued.

Key valuation signals for KRNTY:

  • Scaled Net Operating Assets: 0.33
  • GF Value™: $80.42 vs. price of $69.88 (13.1% below fair value)
  • GF Score™: 87/100 with 3 warning signs

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


Krones AG Business Description

Address Bohmerwaldstrasse 5, Neutraubling, BY, DEU, 93073
Krones AG plans, develops and manufactures machines and complete lines for the fields of process, filling and packaging technology. Its product portfolio is rounded off by information technology, factory planning and products from its subsidiaries, such as intralogistics, valve production etc. The company's reportable segments are: Filling and Packaging Technology, Process Technology, and Intralogistics. The majority of the company's revenue is generated from its Fillings and Packaging segment, which offers machines and lines for filling, labelling, packaging and conveying products, prominently in PET bottles, glass bottles, and cans. Geographically, the company generates a majority of its revenue from North and Central America and the rest from Germany, China, Europe, and other regions.
87GF Score

Get the complete analysis for KRNTY

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

$69.88
Price
$80.42
GF Value