AeroVironment (LTS:0HAL) Scaled Net Operating Assets: 0.84 (As of Apr. 2026)


LTS:0HAL AeroVironment Inc LTS:0HAL
87 GF Score
Price $191.41
GF Value $256.09
Valuation Modestly Undervalued
! 5 Warning Signs
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What is AeroVironment Scaled Net Operating Assets?

AeroVironment LTS:0HAL +11.28% 87 Scaled Net Operating Assets is 0.84 as of Apr. 2026. GuruFocus rates LTS:0HAL with a GF Score™ of 87/100 and a GF Value™ of $256.09 (Modestly Undervalued). The stock has 5 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.

AeroVironment's operating assets for the quarter that ended in Apr. 2026 was $5,084 Mil. AeroVironment's operating liabilities for the quarter that ended in Apr. 2026 was $482 Mil. AeroVironment's Total Assets for the quarter that ended in Jan. 2026 was $5,454 Mil. Therefore, AeroVironment's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.84.


AeroVironment Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for AeroVironment'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.

AeroVironment Scaled Net Operating Assets Chart

AeroVironment Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.64 0.98 0.90 4.11

AeroVironment Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.87 4.08 0.83 0.80 0.84

LTS:0HAL vs HXL, DPC, MRCY: Scaled Net Operating Assets Comparison

For the Aerospace & Defense subindustry, AeroVironment'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.


AeroVironment Scaled Net Operating Assets vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AeroVironment's Scaled Net Operating Assets distribution charts can be found below:

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


LTS:0HAL
87GF Score
AeroVironment Inc LTS:0HAL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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AeroVironment 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.

AeroVironment's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Apr. 2026 )
=(Operating Assets (A: Apr. 2026 )-Operating Liabilities (A: Apr. 2026 ))/Total Assets (A: Apr. 2025 )
=(5084.445-481.553)/1120.567
=4.11

where

Operating Assets(A: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5716.742 - 632.297
=5084.445

Operating Liabilities(A: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1316.342 - 817.195 - 17.594
=481.553

AeroVironment's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Jan. 2026 )
=(5084.445-481.553)/5453.636
=0.84

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5716.742 - 632.297
=5084.445

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1316.342 - 817.195 - 17.594
=481.553

* 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 0.84 mean?
AeroVironment (LTS:0HAL) has a Scaled Net Operating Assets of 0.84 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on AeroVironment and its competitors.
Is AeroVironment's Scaled Net Operating Assets too high?
AeroVironment's current Scaled Net Operating Assets is 0.84. Overall, AeroVironment has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AeroVironment's Scaled Net Operating Assets compare to HXL and DPC?
AeroVironment's Scaled Net Operating Assets of 0.84 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Scaled Net Operating Assets depends on the Aerospace & Defense 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 AeroVironment and its competitors. AeroVironment's current Scaled Net Operating Assets is 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AeroVironment stock overvalued right now?
Based on GuruFocus' analysis, AeroVironment (LTS:0HAL) is currently considered Modestly Undervalued. The stock's GF Value™ is $256.09, compared to a current price of $191.41 — trading 25.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.84. AeroVironment's overall GF Score™ is 87/100 with 5 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 AeroVironment (LTS:0HAL), the current Scaled Net Operating Assets is 0.84 as of Apr. 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 AeroVironment (LTS:0HAL) Overvalued in 2026?

Based on GuruFocus' analysis, AeroVironment stock appears to be undervalued. The current stock price of $191.41 is trading 25.3% below its estimated GF Value™ of $256.09. GuruFocus considers AeroVironment to be Modestly Undervalued.

Key valuation signals for LTS:0HAL:

  • Scaled Net Operating Assets: 0.84
  • GF Value™: $256.09 vs. price of $191.41 (25.3% below fair value)
  • GF Score™: 87/100 with 5 warning signs

No single metric tells the full story. See the LTS:0HAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AeroVironment Business Description

Address 241 18th Street South, Suite 650, Arlington, VA, USA, 22202
AeroVironment Inc supplies unmanned aircraft systems, tactical missile systems, high-altitude pseudo-satellites, and other related services to government agencies within the United States Department of Defense as well as the United States allied international governments. The systems can help with security, surveillance, or sensing, and provide eyes in the sky without needing an actual person, or driver in the sky. The company is a defense technology provider delivering integrated capabilities across air, land, sea, space, and cyber. It develops and deploy autonomous systems, precision strike systems, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities. Company operates in three segments: UxS, LMS, MW.
87GF Score

Get the complete analysis for LTS:0HAL

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

$191.41
Price
$256.09
GF Value