Kratos Defense & Security Solutions (LTS:0JS0) Scaled Net Operating Assets: 0.86 (As of Mar. 2026)


LTS:0JS0 Kratos Defense & Security Solutions Inc LTS:0JS0
77 GF Score
Price $46.44
GF Value $28.17
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Kratos Defense & Security Solutions Scaled Net Operating Assets?

Kratos Defense & Security Solutions LTS:0JS0 -4.74% 77 Scaled Net Operating Assets is 0.86 as of Mar. 2026. GuruFocus rates LTS:0JS0 with a GF Score™ of 77/100 and a GF Value™ of $28.17 (Significantly Overvalued). 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.

Kratos Defense & Security Solutions's operating assets for the quarter that ended in Mar. 2026 was $2,578 Mil. Kratos Defense & Security Solutions's operating liabilities for the quarter that ended in Mar. 2026 was $447 Mil. Kratos Defense & Security Solutions's Total Assets for the quarter that ended in Dec. 2025 was $2,467 Mil. Therefore, Kratos Defense & Security Solutions's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.86.


Kratos Defense & Security Solutions Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Kratos Defense & Security Solutions'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.

Kratos Defense & Security Solutions Scaled Net Operating Assets Chart

Kratos Defense & Security Solutions 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 0.61 0.74 0.80 0.80 0.81

Kratos Defense & Security Solutions 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 0.72 0.73 0.60 0.65 0.86

LTS:0JS0 vs HII, MOG.A, DRS: Scaled Net Operating Assets Comparison

For the Aerospace & Defense subindustry, Kratos Defense & Security Solutions'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.


Kratos Defense & Security Solutions Scaled Net Operating Assets vs Aerospace & Defense Industry

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

* The bar in red indicates where Kratos Defense & Security Solutions's Scaled Net Operating Assets falls into.


LTS:0JS0
77GF Score
Kratos Defense & Security Solutions Inc LTS:0JS0
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Kratos Defense & Security Solutions 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.

Kratos Defense & Security Solutions'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 )
=(1906.6-325.1)/1950.9
=0.81

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2467.2 - 560.6
=1906.6

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=470.9 - 129.6 - 16.2
=325.1

Kratos Defense & Security Solutions'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 )
=(2578.4-447.3)/2467.2
=0.86

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4042.7 - 1464.3
=2578.4

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=632.7 - 166.7 - 18.7
=447.3

* 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 0.86 mean?
Kratos Defense & Security Solutions (LTS:0JS0) has a Scaled Net Operating Assets of 0.86 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 Kratos Defense & Security Solutions and its competitors.
Is Kratos Defense & Security Solutions' Scaled Net Operating Assets too high?
Kratos Defense & Security Solutions' current Scaled Net Operating Assets is 0.86. Overall, Kratos Defense & Security Solutions has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kratos Defense & Security Solutions' Scaled Net Operating Assets compare to HII and MOG.A?
Kratos Defense & Security Solutions' Scaled Net Operating Assets of 0.86 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 Kratos Defense & Security Solutions and its competitors. Kratos Defense & Security Solutions's current Scaled Net Operating Assets is 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kratos Defense & Security Solutions stock overvalued right now?
Based on GuruFocus' analysis, Kratos Defense & Security Solutions (LTS:0JS0) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.17, compared to a current price of $46.44 — trading 64.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.86. Kratos Defense & Security Solutions' overall GF Score™ is 77/100 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 Kratos Defense & Security Solutions (LTS:0JS0), the current Scaled Net Operating Assets is 0.86 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 Kratos Defense & Security Solutions (LTS:0JS0) Overvalued in 2026?

Based on GuruFocus' analysis, Kratos Defense & Security Solutions stock appears to be overvalued. The current stock price of $46.44 is trading 64.9% above its estimated GF Value™ of $28.17. GuruFocus considers Kratos Defense & Security Solutions to be Significantly Overvalued.

Key valuation signals for LTS:0JS0:

  • Scaled Net Operating Assets: 0.86
  • GF Value™: $28.17 vs. price of $46.44 (64.9% above fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the LTS:0JS0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kratos Defense & Security Solutions Business Description

Address 1 Chisholm Trail, Suite 300, Round Rock, TX, USA, 78681
Kratos Defense & Security Solutions Inc develops and fields transformative, affordable technology, platforms, and systems. The company has two segments; The Kratos Government Solutions (KGS) segment is comprised of an aggregation of KGS operating segments, including its microwave electronic products, space, training, and cybersecurity, C5ISR/modular systems, turbine technologies, and defense and rocket support services operating segments and The Unmanned Systems segment consists of unmanned aerial, unmanned ground, unmanned seaborne and related command, control, and communications system businesses. The company derives a majority of its revenue from the Kratos Government Solutions segment.
77GF 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.

$46.44
Price
$28.17
GF Value