Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Nexans's operating assets for the quarter that ended in Dec. 2025 was MXN134,979 Mil. Nexans's operating liabilities for the quarter that ended in Dec. 2025 was MXN86,908 Mil. Nexans's Total Assets for the quarter that ended in Jun. 2025 was MXN176,195 Mil. Therefore, Nexans's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.27.
Nexans Scaled Net Operating Assets Related Terms
Nexans Scaled Net Operating Assets Historical Data
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The historical data trend for Nexans'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.
MEX:NEXN vs VRT, BE, NVT: Scaled Net Operating Assets Comparison
For the Electrical Equipment & Parts subindustry, Nexans'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.
Nexans Scaled Net Operating Assets vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nexans's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Nexans'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 0.27 mean?
Nexans (MEX:NEXN) has a Scaled Net Operating Assets of 0.27 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 Nexans and its competitors.
Is Nexans' Scaled Net Operating Assets too high?
Nexans' current Scaled Net Operating Assets is 0.27. Overall, Nexans has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Nexans' Scaled Net Operating Assets compare to VRT and BE?
Nexans' Scaled Net Operating Assets of 0.27 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 Nexans and its competitors. Nexans's current Scaled Net Operating Assets is 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexans stock overvalued right now?
Nexans (MEX:NEXN) has a current Scaled Net Operating Assets of 0.27. The stock's GF Value™ is MXN1,628.84, compared to a current price of MXN2,361.40 — trading 45% above its estimated fair value. The current Scaled Net Operating Assets is 0.27. Nexans' overall GF Score™ is 78/100 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 Nexans (MEX:NEXN), the current Scaled Net Operating Assets is 0.27 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 Nexans (MEX:NEXN) Overvalued in 2026?
Based on GuruFocus' analysis, Nexans stock appears to be overvalued.
The current stock price of MXN2,361.40 is trading 45% above its estimated GF Value™ of MXN1,628.84.
Key valuation signals for MEX:NEXN:
Scaled Net Operating Assets: 0.27
GF Value™: MXN1,628.84 vs. price of MXN2,361.40 (45% above fair value)
No single metric tells the full story. See the MEX:NEXN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nexans is focused on electrification and provides cabling technologies and services across the value chain, including engineering and design, production, manufacturing, testing, installation, maintenance and repair. Its segments are: PWR-Transmission, supporting the energy transition through subsea and interconnection projects; PWR-Grid, providing cables, accessories and services for grid modernization; and PWR-Connect, which generates maximum revenue through solutions for data centers, electric vehicles and critical buildings. Its technologies include mass impregnated (MI), cross-linked polyethylene (XLPE), and dynamic cables. It focuses on the electrical safety of end users, products that are easy to handle and install, and smart products integrated into a digital ecosystem.
78GF Score
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