IMCD NV (MEX:IMCDN) Scaled Net Operating Assets: 0.74 (As of Dec. 2025)


MEX:IMCDN IMCD NV MEX:IMCDN
80 GF Score
Price MXN1,965.20
GF Value MXN3,536.63
Valuation Significantly Undervalued
! 4 Warning Signs
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What is IMCD NV Scaled Net Operating Assets?

IMCD NV MEX:IMCDN 80 Scaled Net Operating Assets is 0.74 as of Dec. 2025. GuruFocus rates MEX:IMCDN with a GF Score™ of 80/100 and a GF Value™ of MXN3,536.63 (Significantly Undervalued). The stock has 4 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.

IMCD NV's operating assets for the quarter that ended in Dec. 2025 was MXN92,765 Mil. IMCD NV's operating liabilities for the quarter that ended in Dec. 2025 was MXN18,436 Mil. IMCD NV's Total Assets for the quarter that ended in Jun. 2025 was MXN100,470 Mil. Therefore, IMCD NV's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.74.

IMCD NV Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for IMCD NV'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.

IMCD NV Scaled Net Operating Assets Chart

IMCD NV 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 0.66 0.62 0.96 0.70

IMCD NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 0.64 0.71 0.84 0.65 0.74

MEX:IMCDN vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, IMCD NV'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.

IMCD NV Scaled Net Operating Assets vs Chemicals Industry

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

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


MEX:IMCDN
80GF Score
IMCD NV MEX:IMCDN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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IMCD NV 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.

IMCD NV'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 )
=(92764.882-18435.939)/106533.558
=0.70

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=97742.53 - 4977.648
=92764.882

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=54685.335 - 28782.428 - 7466.968
=18435.939

IMCD NV'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 )
=(92764.882-18435.939)/100470.005
=0.74

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=97742.53 - 4977.648
=92764.882

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=54685.335 - 28782.428 - 7466.968
=18435.939

* 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 0.74 mean?
IMCD NV (MEX:IMCDN) has a Scaled Net Operating Assets of 0.74 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 IMCD NV and its competitors.
Is IMCD NV's Scaled Net Operating Assets too high?
IMCD NV's current Scaled Net Operating Assets is 0.74. Overall, IMCD NV has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IMCD NV's Scaled Net Operating Assets compare to LIN and SHW?
IMCD NV's Scaled Net Operating Assets of 0.74 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 IMCD NV and its competitors. IMCD NV's current Scaled Net Operating Assets is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IMCD NV stock overvalued right now?
Based on GuruFocus' analysis, IMCD NV (MEX:IMCDN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN3,536.63, compared to a current price of MXN1,965.20 — trading 44.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.74. IMCD NV's overall GF Score™ is 80/100 with 4 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 IMCD NV (MEX:IMCDN), the current Scaled Net Operating Assets is 0.74 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 IMCD NV (MEX:IMCDN) Overvalued in 2026?

Based on GuruFocus' analysis, IMCD NV stock appears to be undervalued. The current stock price of MXN1,965.20 is trading 44.4% below its estimated GF Value™ of MXN3,536.63. GuruFocus considers IMCD NV to be Significantly Undervalued.

Key valuation signals for MEX:IMCDN:

  • Scaled Net Operating Assets: 0.74
  • GF Value™: MXN3,536.63 vs. price of MXN1,965.20 (44.4% below fair value)
  • GF Score™: 80/100 with 4 warning signs

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

IMCD NV Business Description

Address Wilhelminaplein 32, Rotterdam, NLD, 3072 DE
IMCD NV is a distributor and formulator of specialty chemicals and ingredients for industrial and life-science markets. The company's product portfolio consists of two categories: Life Science, which consists of the following lines of business: Pharmaceuticals, Beauty & Personal Care, Food & Nutrition, and Home Care I&I, and the Industrial segment, which contains the lines of business of Coatings & Construction, Lubricants & Energy, Industrial Solutions and Advanced Materials. The company has four operating segments: EMEA, Americas, Asia-Pacific, and Holding companies. It derives a majority of its revenue from the EMEA segment, which includes Europe, Turkiye, Israel, Egypt, the United Arab Emirates, Saudi Arabia and Africa.
80GF Score

Get the complete analysis for MEX:IMCDN

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

MXN1,965.20
Price
MXN3,536.63
GF Value