FMC (MEX:FMC1) Scaled Net Operating Assets: 0.62 (As of Mar. 2026)


MEX:FMC1 FMC Corp MEX:FMC1
32 GF Score
Price MXN239.00
GF Value MXN1,620.80
Valuation Possible Value Trap
! 11 Warning Signs
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What is FMC Scaled Net Operating Assets?

FMC MEX:FMC1 32 Scaled Net Operating Assets is 0.62 as of Mar. 2026. GuruFocus rates MEX:FMC1 with a GF Score™ of 32/100 and a GF Value™ of MXN1,620.80 (Possible Value Trap). The stock has 11 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.

FMC's operating assets for the quarter that ended in Mar. 2026 was MXN162,810 Mil. FMC's operating liabilities for the quarter that ended in Mar. 2026 was MXN54,747 Mil. FMC's Total Assets for the quarter that ended in Dec. 2025 was MXN174,425 Mil. Therefore, FMC's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.62.


FMC Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for FMC'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.

FMC Scaled Net Operating Assets Chart

FMC 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 0.60 0.56 0.64 0.79 0.42

FMC 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 0.68 0.64 0.62 0.46 0.62

MEX:FMC1 vs UAN, IPI, VRDR: Scaled Net Operating Assets Comparison

For the Agricultural Inputs subindustry, FMC'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.


FMC Scaled Net Operating Assets vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, FMC's Scaled Net Operating Assets distribution charts can be found below:

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


MEX:FMC1
32GF Score
FMC Corp MEX:FMC1
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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FMC 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.

FMC'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 )
=(163900.485-61030.32)/243037.729
=0.42

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=174424.817 - 10524.332
=163900.485

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=136632.653 - 51629.544 - 23972.789
=61030.32

FMC'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 )
=(162810.036-54747.277)/174424.817
=0.62

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=169859.018 - 7048.982
=162810.036

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=136500.326 - 49961.399 - 31791.65
=54747.277

* 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 0.62 mean?
FMC (MEX:FMC1) has a Scaled Net Operating Assets of 0.62 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 FMC and its competitors.
Is FMC's Scaled Net Operating Assets too high?
FMC's current Scaled Net Operating Assets is 0.62. Overall, FMC has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FMC's Scaled Net Operating Assets compare to UAN and IPI?
FMC's Scaled Net Operating Assets of 0.62 can be compared against companies in the Agriculture 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 Agriculture company?
A good Scaled Net Operating Assets depends on the Agriculture 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 FMC and its competitors. FMC's current Scaled Net Operating Assets is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FMC stock overvalued right now?
Based on GuruFocus' analysis, FMC (MEX:FMC1) is currently considered Possible Value Trap. The stock's GF Value™ is MXN1,620.80, compared to a current price of MXN239.00 — trading 85.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.62. FMC's overall GF Score™ is 32/100 with 11 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 FMC (MEX:FMC1), the current Scaled Net Operating Assets is 0.62 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 FMC (MEX:FMC1) Overvalued in 2026?

Based on GuruFocus' analysis, FMC stock appears to be undervalued. The current stock price of MXN239.00 is trading 85.3% below its estimated GF Value™ of MXN1,620.80. GuruFocus considers FMC to be Possible Value Trap.

Key valuation signals for MEX:FMC1:

  • Scaled Net Operating Assets: 0.62
  • GF Value™: MXN1,620.80 vs. price of MXN239.00 (85.3% below fair value)
  • GF Score™: 32/100 with 11 warning signs

No single metric tells the full story. See the MEX:FMC1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FMC Business Description

Address 2929 Walnut Street, Philadelphia, PA, USA, 19104
FMC is a pure-play global crop protection company with a fairly balanced product portfolio across geographies and crop exposure. Through acquisitions, FMC is now one of the five largest patented crop protection companies and focuses on the development of new products, including biologicals, through its research and development pipeline.
32GF Score

Get the complete analysis for MEX:FMC1

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

MXN239.00
Price
MXN1,620.80
GF Value