Enapter AG (LTS:0NPF) Scaled Net Operating Assets: 0.56 (As of Dec. 2025)


LTS:0NPF Enapter AG LTS:0NPF
55 GF Score
Price €0.21
GF Value €0.60
! 8 Warning Signs
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What is Enapter AG Scaled Net Operating Assets?

Enapter AG LTS:0NPF 55 Scaled Net Operating Assets is 0.56 as of Dec. 2025. GuruFocus rates LTS:0NPF with a GF Score™ of 55/100 and a GF Value™ of €0.60. 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.

Enapter AG's operating assets for the quarter that ended in Dec. 2025 was €131.36 Mil. Enapter AG's operating liabilities for the quarter that ended in Dec. 2025 was €50.15 Mil. Enapter AG's Total Assets for the quarter that ended in Jun. 2025 was €145.56 Mil. Therefore, Enapter AG's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.56.


Enapter AG Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Enapter 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.

Enapter AG Scaled Net Operating Assets Chart

Enapter AG Annual Data
Trend Dec07 Dec08 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.17 1.37 0.97 0.70 0.57

Enapter AG Semi-Annual Data
Jun09 Jun11 Jan17 Jul17 Jan18 Jul18 Jan19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.76 0.75 0.63 0.56

LTS:0NPF vs GEV, ETN, PH: Scaled Net Operating Assets Comparison

For the Specialty Industrial Machinery subindustry, Enapter 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.


Enapter AG Scaled Net Operating Assets vs Industrial Products Industry

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

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


LTS:0NPF
55GF Score
Enapter AG LTS:0NPF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Enapter 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.

Enapter 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 )
=(131.357-50.153)/143.237
=0.57

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=141.331 - 9.974
=131.357

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=92.096 - 33.224 - 8.719
=50.153

Enapter AG's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(131.357-50.153)/145.562
=0.56

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=141.331 - 9.974
=131.357

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=92.096 - 33.224 - 8.719
=50.153

* 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 0.56 mean?
Enapter AG (LTS:0NPF) has a Scaled Net Operating Assets of 0.56 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Enapter AG and its competitors.
Is Enapter AG's Scaled Net Operating Assets too high?
Enapter AG's current Scaled Net Operating Assets is 0.56. Overall, Enapter AG has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Enapter AG's Scaled Net Operating Assets compare to GEV and ETN?
Enapter AG's Scaled Net Operating Assets of 0.56 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 Enapter AG and its competitors. Enapter AG's current Scaled Net Operating Assets is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enapter AG stock overvalued right now?
Enapter AG (LTS:0NPF) has a current Scaled Net Operating Assets of 0.56. The stock's GF Value™ is €0.60, compared to a current price of €0.21 — trading 65.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.56. Enapter AG's overall GF Score™ is 55/100 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 Enapter AG (LTS:0NPF), the current Scaled Net Operating Assets is 0.56 as of Dec. 2025. 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 Enapter AG (LTS:0NPF) Overvalued in 2026?

Based on GuruFocus' analysis, Enapter AG stock appears to be undervalued. The current stock price of €0.21 is trading 65.8% below its estimated GF Value™ of €0.60.

Key valuation signals for LTS:0NPF:

  • Scaled Net Operating Assets: 0.56
  • GF Value™: €0.60 vs. price of €0.21 (65.8% below fair value)
  • GF Score™: 55/100 with 8 warning signs

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


Enapter AG Business Description

Other Exchanges H2O:Germany
Address Reinhardtstr. 35, Berlin, BB, DEU, 10117
Enapter AG is engaged in research and development in the field of hydrogen systems with a focus on electrolysis, project management in Renewable Energy Systems and Smart-Grid Technology, software development for Smart Grid, Smart Energy and Industry 4.0 and Internet of Things (IoT), and manufacturing and production, design, planning, trading and resale of electrolysers and similar products and related software and control systems. Specifically, the Enapter Group develops and manufactures patented electrolysers based on Anion Exchange Membrane (AEM) technology. the Group had only one reportable segment which is the design and production of hydrogen generators based on patented anion exchange membrane electrolysis (AEM electrolysis) and pursues.
55GF 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.

€0.21
Price
€0.60
GF Value