Alstom (MEX:ALON) Scaled Net Operating Assets: 0.34 (As of Mar. 2026)


MEX:ALON Alstom SA MEX:ALON
76 GF Score
Price MXN437.05
GF Value MXN526.02
! 5 Warning Signs
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What is Alstom Scaled Net Operating Assets?

Alstom MEX:ALON 76 Scaled Net Operating Assets is 0.34 as of Mar. 2026. GuruFocus rates MEX:ALON with a GF Score™ of 76/100 and a GF Value™ of MXN526.02. 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.

Alstom's operating assets for the quarter that ended in Mar. 2026 was MXN681,865 Mil. Alstom's operating liabilities for the quarter that ended in Mar. 2026 was MXN430,825 Mil. Alstom's Total Assets for the quarter that ended in Sep. 2025 was MXN741,713 Mil. Therefore, Alstom's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.34.


Alstom Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Alstom'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.

Alstom Scaled Net Operating Assets Chart

Alstom Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.35 0.37 0.44 0.33

Alstom Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 0.36 0.45 0.36 0.36 0.34

MEX:ALON vs UNP, CSX, NSC: Scaled Net Operating Assets Comparison

For the Railroads subindustry, Alstom'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.


Alstom Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, Alstom's Scaled Net Operating Assets distribution charts can be found below:

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


MEX:ALON
76GF Score
Alstom SA MEX:ALON
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Alstom 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.

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

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(681865.378-430825.177)/764937.627
=0.33

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=729751.056 - 47885.678
=681865.378

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=504936.447 - 53952.171 - 20159.099
=430825.177

Alstom'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 )
=(681865.378-430825.177)/741712.847
=0.34

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=729751.056 - 47885.678
=681865.378

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=504936.447 - 53952.171 - 20159.099
=430825.177

* 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 0.34 mean?
Alstom (MEX:ALON) has a Scaled Net Operating Assets of 0.34 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 Alstom and its competitors.
Is Alstom's Scaled Net Operating Assets too high?
Alstom's current Scaled Net Operating Assets is 0.34. Overall, Alstom has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Alstom's Scaled Net Operating Assets compare to UNP and CSX?
Alstom's Scaled Net Operating Assets of 0.34 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 Alstom and its competitors. Alstom's current Scaled Net Operating Assets is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alstom stock overvalued right now?
Alstom (MEX:ALON) has a current Scaled Net Operating Assets of 0.34. The stock's GF Value™ is MXN526.02, compared to a current price of MXN437.05 — trading 16.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.34. Alstom's overall GF Score™ is 76/100 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 Alstom (MEX:ALON), the current Scaled Net Operating Assets is 0.34 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 Alstom (MEX:ALON) Overvalued in 2026?

Based on GuruFocus' analysis, Alstom stock appears to be undervalued. The current stock price of MXN437.05 is trading 16.9% below its estimated GF Value™ of MXN526.02.

Key valuation signals for MEX:ALON:

  • Scaled Net Operating Assets: 0.34
  • GF Value™: MXN526.02 vs. price of MXN437.05 (16.9% below fair value)
  • GF Score™: 76/100 with 5 warning signs

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


Alstom Business Description

Address 48, Rue Albert Dhalenne, Saint-Ouen-sur-Seine, Paris, FRA, 93400
Alstom develops and markets equipment, systems, and services for the railway transport sector, including rolling stock, maintenance and modernization services, signaling, and infrastructure, which are offered separately, bundled, or as fully integrated solutions. The company is one of the key international players in the industry with a strong position in European markets.
76GF Score

Get the complete analysis for MEX:ALON

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

MXN437.05
Price
MXN526.02
GF Value