Associated British Engineering (LSE:ASBE) Scaled Net Operating Assets: 0.01 (As of Mar. 2026)


LSE:ASBE Associated British Engineering PLC LSE:ASBE
34 GF Score
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! 2 Warning Signs
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What is Associated British Engineering Scaled Net Operating Assets?

Associated British Engineering LSE:ASBE 34 Scaled Net Operating Assets is 0.01 as of Mar. 2026. GuruFocus rates LSE:ASBE with a GF Score™ of 34/100. The stock has 2 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.

Associated British Engineering's operating assets for the quarter that ended in Mar. 2026 was £0.04 Mil. Associated British Engineering's operating liabilities for the quarter that ended in Mar. 2026 was £0.03 Mil. Associated British Engineering's Total Assets for the quarter that ended in Sep. 2025 was £0.36 Mil. Therefore, Associated British Engineering's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.01.

Associated British Engineering Scaled Net Operating Assets Historical Data

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The historical data trend for Associated British Engineering'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.

Associated British Engineering Scaled Net Operating Assets Chart

Associated British Engineering Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Sep21 Sep22 Sep23 Sep24 Sep25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.17 0.05 -0.01 -0.04

Associated British Engineering Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -0.05 -0.02 0.01 -0.04 0.01

LSE:ASBE vs MS, GS, SCHW: Scaled Net Operating Assets Comparison

For the Capital Markets subindustry, Associated British Engineering'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.

Associated British Engineering Scaled Net Operating Assets vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Associated British Engineering's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Associated British Engineering's Scaled Net Operating Assets falls into.


LSE:ASBE
34GF Score
Associated British Engineering PLC LSE:ASBE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Associated British Engineering 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.

Associated British Engineering's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2025 )
=(Operating Assets (A: Sep. 2025 )-Operating Liabilities (A: Sep. 2025 ))/Total Assets (A: Sep. 2024 )
=(0.044-0.059)/0.418
=-0.04

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.362 - 0.318
=0.044

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.059 - 0 - 0
=0.059

Associated British Engineering'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: Sep. 2025 )
=(0.037-0.032)/0.362
=0.01

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.293 - 0.256
=0.037

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.032 - 0 - 0
=0.032

* 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 0.01 mean?
Associated British Engineering (LSE:ASBE) has a Scaled Net Operating Assets of 0.01 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 Associated British Engineering and its competitors.
Is Associated British Engineering's Scaled Net Operating Assets too high?
Associated British Engineering's current Scaled Net Operating Assets is 0.01. Overall, Associated British Engineering has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Associated British Engineering's Scaled Net Operating Assets compare to MS and GS?
Associated British Engineering's Scaled Net Operating Assets of 0.01 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 Associated British Engineering and its competitors. Associated British Engineering's current Scaled Net Operating Assets is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated British Engineering stock overvalued right now?
Associated British Engineering (LSE:ASBE) has a current Scaled Net Operating Assets of 0.01. The current Scaled Net Operating Assets is 0.01. Associated British Engineering's overall GF Score™ is 34/100 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 Associated British Engineering (LSE:ASBE), the current Scaled Net Operating Assets is 0.01 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.

Associated British Engineering Business Description

Address 61-65 Church Street, Harston, Cambridge, GBR, CB22 7NP
Associated British Engineering Plc is a United Kingdom-based holding company. The Company's segments include Associated British Engineering Plc and Akoris Trading Limited. Akoris Trading Limited, its subsidiary, is a commodity and natural resource trading, finance, and investment company. Its operations are located in the United Kingdom.
34GF 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.

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