MOSENERGO (MIC:MSNG) Scaled Net Operating Assets: 0.85 (As of Dec. 2025)

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MIC:MSNG MOSENERGO MIC:MSNG
70 GF Score
Price ₽1.48
GF Value ₽3.41
Valuation Possible Value Trap
! 3 Warning Signs
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What is MOSENERGO Scaled Net Operating Assets?

MOSENERGO MIC:MSNG -0.60% 70 Scaled Net Operating Assets is 0.85 as of Dec. 2025. GuruFocus rates MIC:MSNG with a GF Score™ of 70/100 and a GF Value™ of ₽3.41 (Possible Value Trap). 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.

MOSENERGO's operating assets for the quarter that ended in Dec. 2025 was ₽447,165 Mil. MOSENERGO's operating liabilities for the quarter that ended in Dec. 2025 was ₽65,368 Mil. MOSENERGO's Total Assets for the quarter that ended in Dec. 2024 was ₽448,184 Mil. Therefore, MOSENERGO's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.85.


MOSENERGO Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for MOSENERGO'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.

MOSENERGO Scaled Net Operating Assets Chart

MOSENERGO Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 0.83 0.81 1.00 0.85

MOSENERGO Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec24 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 1.06 0.83 0.81 1.00 0.85

MIC:MSNG vs CEG, VST, NRG: Scaled Net Operating Assets Comparison

For the Utilities - Independent Power Producers subindustry, MOSENERGO'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.


MOSENERGO Scaled Net Operating Assets vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, MOSENERGO's Scaled Net Operating Assets distribution charts can be found below:

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


MIC:MSNG
70GF Score
MOSENERGO MIC:MSNG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MOSENERGO 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.

MOSENERGO'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 )
=(447165-65368)/448184
=0.85

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=447165 - 0
=447165

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=68245 - 2386 - 491
=65368

MOSENERGO'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: Dec. 2024 )
=(447165-65368)/448184
=0.85

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=447165 - 0
=447165

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=68245 - 2386 - 491
=65368

* 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?
MOSENERGO (MIC:MSNG) has a Scaled Net Operating Assets of 0.85 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 MOSENERGO and its competitors.
Is MOSENERGO's Scaled Net Operating Assets too high?
MOSENERGO's current Scaled Net Operating Assets is 0.85. Overall, MOSENERGO has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MOSENERGO's Scaled Net Operating Assets compare to CEG and VST?
MOSENERGO's Scaled Net Operating Assets of 0.85 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Scaled Net Operating Assets depends on the Utilities - Independent Power Producers 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 MOSENERGO and its competitors. MOSENERGO'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 MOSENERGO stock overvalued right now?
Based on GuruFocus' analysis, MOSENERGO (MIC:MSNG) is currently considered Possible Value Trap. The stock's GF Value™ is ₽3.41, compared to a current price of ₽1.48 — trading 56.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.85. MOSENERGO's overall GF Score™ is 70/100 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 MOSENERGO (MIC:MSNG), the current Scaled Net Operating Assets is 0.85 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 MOSENERGO (MIC:MSNG) Overvalued in 2026?

Based on GuruFocus' analysis, MOSENERGO stock appears to be undervalued. The current stock price of ₽1.48 is trading 56.6% below its estimated GF Value™ of ₽3.41. GuruFocus considers MOSENERGO to be Possible Value Trap.

Key valuation signals for MIC:MSNG:

  • Scaled Net Operating Assets: 0.85
  • GF Value™: ₽3.41 vs. price of ₽1.48 (56.6% below fair value)
  • GF Score™: 70/100 with 3 warning signs

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


MOSENERGO Business Description

Address 101/3, Prospekt Vernadskogo, Moscow, RUS, 119526
MOSENERGO is a Russian heat producer company. It is involved in the generation of heat and electric power and heat distribution services in the Moscow city and Moscow region. The firm operates in two primary reportable segments: Electric and heat energy, that generate majority revenue from the manufacturing and sale of electric and heat energy respectively. The other segments consist of services and products sold by the Group such as rental services, feed water sales, and maintenance services.
70GF Score

Get the complete analysis for MIC:MSNG

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

₽1.48
Price
₽3.41
GF Value