Synexo Group AB (NGM:SYNEXO) Scaled Net Operating Assets: 0.79 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGM:SYNEXO Synexo Group AB NGM:SYNEXO
8 GF Score
Price kr0.05
GF Value kr0.29
! 6 Warning Signs
View Full Analysis

What is Synexo Group AB Scaled Net Operating Assets?

Synexo Group AB NGM:SYNEXO 8 Scaled Net Operating Assets is 0.79 as of Mar. 2026. GuruFocus rates NGM:SYNEXO with a GF Score™ of 8/100 and a GF Value™ of kr0.29. The stock has 6 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.

Synexo Group AB's operating assets for the quarter that ended in Mar. 2026 was kr23.79 Mil. Synexo Group AB's operating liabilities for the quarter that ended in Mar. 2026 was kr2.06 Mil. Synexo Group AB's Total Assets for the quarter that ended in Dec. 2025 was kr27.33 Mil. Therefore, Synexo Group AB's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.79.


Synexo Group AB Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Synexo Group AB'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.

Synexo Group AB Scaled Net Operating Assets Chart

Synexo Group AB 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 0.51 0.47 0.14 0.43 1.75

Synexo Group AB Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 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 0.46 0.25 2.12 0.78 0.80

NGM:SYNEXO vs VRT, HUBB: Scaled Net Operating Assets Comparison

For the Electrical Equipment & Parts subindustry, Synexo Group AB'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.


Synexo Group AB Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Synexo Group AB's Scaled Net Operating Assets distribution charts can be found below:

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


NGM:SYNEXO
8GF Score
Synexo Group AB NGM:SYNEXO
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Synexo Group AB 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.

Synexo Group AB'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 )
=(24.498-2.311)/12.701
=1.75

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=27.334 - 2.836
=24.498

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.311 - 0 - 0
=2.311

Synexo Group AB'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 )
=(23.788-2.062)/27.334
=0.79

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=25.148 - 1.36
=23.788

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.062 - 0 - 0
=2.062

* 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 0.79 mean?
Synexo Group AB (NGM:SYNEXO) has a Scaled Net Operating Assets of 0.79 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 Synexo Group AB and its competitors.
Is Synexo Group AB's Scaled Net Operating Assets too high?
Synexo Group AB's current Scaled Net Operating Assets is 0.79. Overall, Synexo Group AB has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Synexo Group AB's Scaled Net Operating Assets compare to VRT and HUBB?
Synexo Group AB's Scaled Net Operating Assets of 0.79 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 Synexo Group AB and its competitors. Synexo Group AB's current Scaled Net Operating Assets is 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synexo Group AB stock overvalued right now?
Synexo Group AB (NGM:SYNEXO) has a current Scaled Net Operating Assets of 0.79. The stock's GF Value™ is kr0.29, compared to a current price of kr0.05 — trading 81.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.79. Synexo Group AB's overall GF Score™ is 8/100 with 6 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 Synexo Group AB (NGM:SYNEXO), the current Scaled Net Operating Assets is 0.79 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 Synexo Group AB (NGM:SYNEXO) Overvalued in 2026?

Based on GuruFocus' analysis, Synexo Group AB stock appears to be undervalued. The current stock price of kr0.05 is trading 81.4% below its estimated GF Value™ of kr0.29.

Key valuation signals for NGM:SYNEXO:

  • Scaled Net Operating Assets: 0.79
  • GF Value™: kr0.29 vs. price of kr0.05 (81.4% below fair value)
  • GF Score™: 8/100 with 6 warning signs

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


Synexo Group AB Business Description

Address Arkivgatan 4, Goteborg, SWE, 411 34
Synexo Group AB Formerly AB Sperrung (publ) is a technology company. The company is focused on the data backup, recovery, and sovereign data protection market by utilizing a "buy-and-build" program, the firm acquires profitable IT and SaaS companies to provide secure, scalable data storage for small and medium-sized businesses.
8GF Score

Get the complete analysis for NGM:SYNEXO

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

kr0.05
Price
kr0.29
GF Value