MTASF (Montana Aerospace AG) Scaled Net Operating Assets: 0.65 (As of Mar. 2026)


MTASF Montana Aerospace AG MTASF
45 GF Score
Price $25.71
GF Value $19.98
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Montana Aerospace AG Scaled Net Operating Assets?

Montana Aerospace AG MTASF 45 Scaled Net Operating Assets is 0.65 as of Mar. 2026. GuruFocus rates MTASF with a GF Score™ of 45/100 and a GF Value™ of $19.98 (Modestly Overvalued). 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.

Montana Aerospace AG's operating assets for the quarter that ended in Mar. 2026 was $1,689 Mil. Montana Aerospace AG's operating liabilities for the quarter that ended in Mar. 2026 was $482 Mil. Montana Aerospace AG's Total Assets for the quarter that ended in Dec. 2025 was $1,871 Mil. Therefore, Montana Aerospace AG's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.65.


Montana Aerospace AG Scaled Net Operating Assets Historical Data

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The historical data trend for Montana Aerospace AG'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.

Montana Aerospace AG Scaled Net Operating Assets Chart

Montana Aerospace AG Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.72 0.59 0.51 0.53 0.68

Montana Aerospace AG 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 0.60 0.61 0.60 0.70 0.65

MTASF vs GE, RTX, BA: Scaled Net Operating Assets Comparison

For the Aerospace & Defense subindustry, Montana Aerospace AG'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.


Montana Aerospace AG Scaled Net Operating Assets vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Montana Aerospace AG's Scaled Net Operating Assets distribution charts can be found below:

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


MTASF
45GF Score
Montana Aerospace AG MTASF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Montana Aerospace AG 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.

Montana Aerospace AG'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 )
=(1738.655-438.083)/1916.997
=0.68

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1870.691 - 132.036
=1738.655

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=702.267 - 256.951 - 7.233
=438.083

Montana Aerospace AG'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 )
=(1689.035-482.263)/1870.691
=0.65

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1799.6 - 110.565
=1689.035

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=619.281 - 136.765 - 0.253
=482.263

* 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 0.65 mean?
Montana Aerospace AG (MTASF) has a Scaled Net Operating Assets of 0.65 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 Montana Aerospace AG and its competitors.
Is Montana Aerospace AG's Scaled Net Operating Assets too high?
Montana Aerospace AG's current Scaled Net Operating Assets is 0.65. Overall, Montana Aerospace AG has a GF Score™ of 45/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Montana Aerospace AG's Scaled Net Operating Assets compare to GE and RTX?
Montana Aerospace AG's Scaled Net Operating Assets of 0.65 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Scaled Net Operating Assets depends on the Aerospace & Defense 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 Montana Aerospace AG and its competitors. Montana Aerospace AG's current Scaled Net Operating Assets is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Montana Aerospace AG stock overvalued right now?
Based on GuruFocus' analysis, Montana Aerospace AG (MTASF) is currently considered Modestly Overvalued. The stock's GF Value™ is $19.98, compared to a current price of $25.71 — trading 28.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.65. Montana Aerospace AG's overall GF Score™ is 45/100 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 Montana Aerospace AG (MTASF), the current Scaled Net Operating Assets is 0.65 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 Montana Aerospace AG (MTASF) Overvalued in 2026?

Based on GuruFocus' analysis, Montana Aerospace AG stock appears to be overvalued. The current stock price of $25.71 is trading 28.7% above its estimated GF Value™ of $19.98. GuruFocus considers Montana Aerospace AG to be Modestly Overvalued.

Key valuation signals for MTASF:

  • Scaled Net Operating Assets: 0.65
  • GF Value™: $19.98 vs. price of $25.71 (28.7% above fair value)
  • GF Score™: 45/100 with 3 warning signs

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


Montana Aerospace AG Business Description

Address Alzbachstrasse 27, Reinach, CHE, 5734
Montana Aerospace AG is a vertically integrated manufacturer and supplier of complex components, structures, and customized assemblies, as well as semi-finished products for specialized applications in a wide array of end markets. The company's reportable segments are Aerostructures and Alpine Metal Tech. Maximum revenue is generated from the Aerostructures segment, which develops and manufactures aircraft parts. Its product portfolio ranges from structural components for fuselage, wings, and landing gear to critical engine components subject to high thermal and mechanical loads, and functional components for the cabin interior. Geographically, the company generates maximum revenue from the USA, followed by Brazil, Germany, China, the United Kingdom, Belgium, and other countries.
45GF 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.

$25.71
Price
$19.98
GF Value