Advanced Drainage Systems (MEX:WMS) Scaled Net Operating Assets: 0.85 (As of Mar. 2026)


MEX:WMS Advanced Drainage Systems Inc MEX:WMS
59 GF Score
Price MXN2,100.00
GF Value MXN2,006.35
Valuation Fairly Valued
! 3 Warning Signs
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What is Advanced Drainage Systems Scaled Net Operating Assets?

Advanced Drainage Systems MEX:WMS 59 Scaled Net Operating Assets is 0.85 as of Mar. 2026. GuruFocus rates MEX:WMS with a GF Score™ of 59/100 and a GF Value™ of MXN2,006.35 (Fairly Valued). The stock has 3 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.

Advanced Drainage Systems's operating assets for the quarter that ended in Mar. 2026 was MXN77,227 Mil. Advanced Drainage Systems's operating liabilities for the quarter that ended in Mar. 2026 was MXN13,641 Mil. Advanced Drainage Systems's Total Assets for the quarter that ended in Dec. 2025 was MXN74,621 Mil. Therefore, Advanced Drainage Systems's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.85.


Advanced Drainage Systems Scaled Net Operating Assets Historical Data

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The historical data trend for Advanced Drainage Systems'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.

Advanced Drainage Systems Scaled Net Operating Assets Chart

Advanced Drainage Systems 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 0.83 0.72 0.69 0.99 0.84

Advanced Drainage Systems 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 0.64 0.64 0.59 0.85

MEX:WMS vs SPXC, OC, AAON: Scaled Net Operating Assets Comparison

For the Building Products & Equipment subindustry, Advanced Drainage Systems'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.


Advanced Drainage Systems Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Advanced Drainage Systems's Scaled Net Operating Assets distribution charts can be found below:

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


MEX:WMS
59GF Score
Advanced Drainage Systems Inc MEX:WMS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Advanced Drainage Systems 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.

Advanced Drainage Systems'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 )
=(77227.04-13641.053)/75498.123
=0.84

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=81248.548 - 4021.508
=77227.04

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=45977.236 - 31158.576 - 1177.607
=13641.053

Advanced Drainage Systems'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 )
=(77227.04-13641.053)/74621.221
=0.85

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=81248.548 - 4021.508
=77227.04

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=45977.236 - 31158.576 - 1177.607
=13641.053

* 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 0.85 mean?
Advanced Drainage Systems (MEX:WMS) has a Scaled Net Operating Assets of 0.85 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 Advanced Drainage Systems and its competitors.
Is Advanced Drainage Systems' Scaled Net Operating Assets too high?
Advanced Drainage Systems' current Scaled Net Operating Assets is 0.85. Overall, Advanced Drainage Systems has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Advanced Drainage Systems' Scaled Net Operating Assets compare to SPXC and OC?
Advanced Drainage Systems' Scaled Net Operating Assets of 0.85 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Advanced Drainage Systems and its competitors. Advanced Drainage Systems's current Scaled Net Operating Assets is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Drainage Systems stock overvalued right now?
Based on GuruFocus' analysis, Advanced Drainage Systems (MEX:WMS) is currently considered Fairly Valued. The stock's GF Value™ is MXN2,006.35, compared to a current price of MXN2,100.00 — trading 4.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.85. Advanced Drainage Systems' overall GF Score™ is 59/100 with 3 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 Advanced Drainage Systems (MEX:WMS), the current Scaled Net Operating Assets is 0.85 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 Advanced Drainage Systems (MEX:WMS) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced Drainage Systems stock appears to be overvalued. The current stock price of MXN2,100.00 is trading 4.7% above its estimated GF Value™ of MXN2,006.35. GuruFocus considers Advanced Drainage Systems to be Fairly Valued.

Key valuation signals for MEX:WMS:

  • Scaled Net Operating Assets: 0.85
  • GF Value™: MXN2,006.35 vs. price of MXN2,100.00 (4.7% above fair value)
  • GF Score™: 59/100 with 3 warning signs

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


Advanced Drainage Systems Business Description

Other Exchanges WMS:USA6DA:Germany
Address 4024 Green Stripe Lane, Hilliard, OH, USA, 43026
Advanced Drainage Systems Inc designs, manufactures and markets water management solutions in the stormwater and onsite wastewater industries, providing superior drainage solutions for use in the construction and agriculture markets. The company's products are used across a broad range of end markets and applications, including non-residential, residential, infrastructure and agriculture applications. It has two reportable segments: Stormwater and Wastewater. It derives the majority of revenue from the Stormwater segment, which manufactures and markets thermoplastic corrugated pipe and complementary products, including single wall pipe, N-12 HDPE pipe, polypropylene pipe, StormTech, Nyloplast, Inserta Tee, water quality filters and structures, and NDS channel drains, and access boxes.
59GF Score

Get the complete analysis for MEX:WMS

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

MXN2,100.00
Price
MXN2,006.35
GF Value