Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Covestro AG's operating assets for the quarter that ended in Dec. 2025 was €12,700 Mil. Covestro AG's operating liabilities for the quarter that ended in Dec. 2025 was €3,316 Mil. Covestro AG's Total Assets for the quarter that ended in Sep. 2025 was €13,222 Mil. Therefore, Covestro AG's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.71.
Covestro AG Scaled Net Operating Assets Related Terms
Covestro AG Scaled Net Operating Assets Historical Data
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The historical data trend for Covestro 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.
LTS:0RBE vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison
For the Specialty Chemicals subindustry, Covestro 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.
Covestro AG Scaled Net Operating Assets vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Covestro AG's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Covestro AG's Scaled Net Operating Assets falls into.
* 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 0.71 mean?
Covestro AG (LTS:0RBE) has a Scaled Net Operating Assets of 0.71 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 Covestro AG and its competitors.
Is Covestro AG's Scaled Net Operating Assets too high?
Covestro AG's current Scaled Net Operating Assets is 0.71. Overall, Covestro AG has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Covestro AG's Scaled Net Operating Assets compare to LIN and SHW?
Covestro AG's Scaled Net Operating Assets of 0.71 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Covestro AG and its competitors. Covestro AG's current Scaled Net Operating Assets is 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covestro AG stock overvalued right now?
Covestro AG (LTS:0RBE) has a current Scaled Net Operating Assets of 0.71. The stock's GF Value™ is €50.43, compared to a current price of €59.83 — trading 18.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.71. Covestro AG's overall GF Score™ is 61/100 with 7 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 Covestro AG (LTS:0RBE), the current Scaled Net Operating Assets is 0.71 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 Covestro AG (LTS:0RBE) Overvalued in 2026?
Based on GuruFocus' analysis, Covestro AG stock appears to be overvalued.
The current stock price of €59.83 is trading 18.6% above its estimated GF Value™ of €50.43.
Key valuation signals for LTS:0RBE:
Scaled Net Operating Assets: 0.71
GF Value™: €50.43 vs. price of €59.83 (18.6% above fair value)
No single metric tells the full story. See the LTS:0RBE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Covestro AG is a player in the polymer materials field. The firm is engaged in polyurethanes and polycarbonates products. It also has a sizable speciality chemicals business that is focused on coatings and adhesives. Demand for the company's products is driven by cyclical end markets, such as automotive, construction, and furniture. The company's segment includes Performance Materials and Solutions & Specialties. The company generates the majority of its revenue from the Solutions & Specialties segment. The Solutions & Specialties segment includes six business entities: Engineering Plastics; Coatings & Adhesives; Tailored Urethanes; Thermoplastic Polyurethanes; Specialty Films; and Elastomers.
61GF Score
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