Terex (MEX:TEX) Scaled Net Operating Assets: 1.17 (As of Mar. 2026)


MEX:TEX Terex Corp MEX:TEX
90 GF Score
Price MXN862.61
GF Value MXN697.56
! 8 Warning Signs
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What is Terex Scaled Net Operating Assets?

Terex MEX:TEX 90 Scaled Net Operating Assets is 1.17 as of Mar. 2026. GuruFocus rates MEX:TEX with a GF Score™ of 90/100 and a GF Value™ of MXN697.56. The stock has 8 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.

Terex's operating assets for the quarter that ended in Mar. 2026 was MXN176,648 Mil. Terex's operating liabilities for the quarter that ended in Mar. 2026 was MXN47,192 Mil. Terex's Total Assets for the quarter that ended in Dec. 2025 was MXN110,537 Mil. Therefore, Terex's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 1.17.


Terex Scaled Net Operating Assets Historical Data

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The historical data trend for Terex'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.

Terex Scaled Net Operating Assets Chart

Terex 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 0.52 0.55 0.54 1.37 0.59

Terex 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 0.71 0.66 0.65 0.62 1.17

MEX:TEX vs FSS, OSK, AGCO: Scaled Net Operating Assets Comparison

For the Farm & Heavy Construction Machinery subindustry, Terex'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.


Terex Scaled Net Operating Assets vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Terex's Scaled Net Operating Assets distribution charts can be found below:

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


MEX:TEX
90GF Score
Terex Corp MEX:TEX
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Terex 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.

Terex'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 )
=(96636.592-26288.322)/119503.161
=0.59

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=110536.992 - 13900.4
=96636.592

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=72815.051 - 46418.695 - 108.034
=26288.322

Terex'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 )
=(176648.33-47191.575)/110536.992
=1.17

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=183717.148 - 7068.818
=176648.33

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=96763.468 - 49499.762 - 72.131
=47191.575

* 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 1.17 mean?
Terex (MEX:TEX) has a Scaled Net Operating Assets of 1.17 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 Terex and its competitors.
Is Terex's Scaled Net Operating Assets too high?
Terex's current Scaled Net Operating Assets is 1.17. Overall, Terex has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Terex's Scaled Net Operating Assets compare to FSS and OSK?
Terex's Scaled Net Operating Assets of 1.17 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Scaled Net Operating Assets depends on the Farm & Heavy Construction Machinery 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 Terex and its competitors. Terex's current Scaled Net Operating Assets is 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terex stock overvalued right now?
Terex (MEX:TEX) has a current Scaled Net Operating Assets of 1.17. The stock's GF Value™ is MXN697.56, compared to a current price of MXN862.61 — trading 23.7% above its estimated fair value. The current Scaled Net Operating Assets is 1.17. Terex's overall GF Score™ is 90/100 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 Terex (MEX:TEX), the current Scaled Net Operating Assets is 1.17 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 Terex (MEX:TEX) Overvalued in 2026?

Based on GuruFocus' analysis, Terex stock appears to be overvalued. The current stock price of MXN862.61 is trading 23.7% above its estimated GF Value™ of MXN697.56.

Key valuation signals for MEX:TEX:

  • Scaled Net Operating Assets: 1.17
  • GF Value™: MXN697.56 vs. price of MXN862.61 (23.7% above fair value)
  • GF Score™: 90/100 with 8 warning signs

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


Terex Business Description

Other Exchanges TEX:USATXG:Germany
Address 301 Merritt 7, 4th Floor, Norwalk, CT, USA, 06851
Terex is a global manufacturer of aerial work platforms, materials processing equipment, and specialty equipment for the waste, recycling, and utility industries. Its current composition is a result of numerous acquisitions over several decades to focus on a smaller group of light construction and other vocational equipment, having divested a handful of underperforming businesses, particularly in cranes and other lifting equipment. These remaining segments see heavy demand in nonresidential construction (aerial work platforms—40% sales), aggregates/mining (materials processing—30% sales), environmental, waste/recycling and utilities (environmental solutions group—30% sales).
90GF Score

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

MXN862.61
Price
MXN697.56
GF Value