NORSF (Norsk Titanium AS) Scaled Net Operating Assets: 0.34 (As of Dec. 2025)


NORSF Norsk Titanium AS NORSF
55 GF Score
Price $0.11
GF Value $0.11
Valuation Fairly Valued
! 7 Warning Signs
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What is Norsk Titanium AS Scaled Net Operating Assets?

Norsk Titanium AS NORSF 55 Scaled Net Operating Assets is 0.34 as of Dec. 2025. GuruFocus rates NORSF with a GF Score™ of 55/100 and a GF Value™ of $0.11 (Fairly Valued). The stock has 7 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.

Norsk Titanium AS's operating assets for the quarter that ended in Dec. 2025 was $18.02 Mil. Norsk Titanium AS's operating liabilities for the quarter that ended in Dec. 2025 was $7.71 Mil. Norsk Titanium AS's Total Assets for the quarter that ended in Jun. 2025 was $30.01 Mil. Therefore, Norsk Titanium AS's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.34.


Norsk Titanium AS Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Norsk Titanium AS'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.

Norsk Titanium AS Scaled Net Operating Assets Chart

Norsk Titanium AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.52 0.29 0.32 0.58 0.26

Norsk Titanium AS Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 0.44 -0.63 0.25 0.28 0.34

NORSF vs SPCX, GE, RTX: Scaled Net Operating Assets Comparison

For the Aerospace & Defense subindustry, Norsk Titanium AS'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.


Norsk Titanium AS Scaled Net Operating Assets vs Aerospace & Defense Industry

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

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


NORSF
55GF Score
Norsk Titanium AS NORSF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Norsk Titanium AS 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.

Norsk Titanium AS'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 )
=(18.018-7.714)/39.368
=0.26

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=37.038 - 19.02
=18.018

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14.078 - 5.907 - 0.457
=7.714

Norsk Titanium AS'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: Jun. 2025 )
=(18.018-7.714)/30.008
=0.34

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=37.038 - 19.02
=18.018

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14.078 - 5.907 - 0.457
=7.714

* 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 0.34 mean?
Norsk Titanium AS (NORSF) has a Scaled Net Operating Assets of 0.34 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 Norsk Titanium AS and its competitors.
Is Norsk Titanium AS's Scaled Net Operating Assets too high?
Norsk Titanium AS's current Scaled Net Operating Assets is 0.34. Overall, Norsk Titanium AS has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Norsk Titanium AS's Scaled Net Operating Assets compare to SPCX and GE?
Norsk Titanium AS's Scaled Net Operating Assets of 0.34 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 Norsk Titanium AS and its competitors. Norsk Titanium AS's current Scaled Net Operating Assets is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norsk Titanium AS stock overvalued right now?
Based on GuruFocus' analysis, Norsk Titanium AS (NORSF) is currently considered Fairly Valued. The stock's GF Value™ is $0.11, compared to a current price of $0.11 — trading right at its estimated fair value. The current Scaled Net Operating Assets is 0.34. Norsk Titanium AS's overall GF Score™ is 55/100 with 7 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 Norsk Titanium AS (NORSF), the current Scaled Net Operating Assets is 0.34 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 Norsk Titanium AS (NORSF) Overvalued in 2026?

Based on GuruFocus' analysis, Norsk Titanium AS stock appears to be undervalued. The current stock price of $0.11 is trading 0% below its estimated GF Value™ of $0.11. GuruFocus considers Norsk Titanium AS to be Fairly Valued.

Key valuation signals for NORSF:

  • Scaled Net Operating Assets: 0.34
  • GF Value™: $0.11 vs. price of $0.11 (0% below fair value)
  • GF Score™: 55/100 with 7 warning signs

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


Norsk Titanium AS Business Description

Other Exchanges NTI:Norway84F:Germany
Address Flyplassveien 20, Honefoss, NOR, 3514
Norsk Titanium AS is in metal 3D printing. The company uses its proprietary Rapid Plasma Deposition (RPD) technology for cost-efficient 3D printing of metal alloys. This technology enables the production of value-added parts that are suitable for a large market. The company's focus is on high-end structural applications that require the use of titanium parts, which offer substantial benefits compared to traditional materials and production methods. The company caters to high-complexity markets such as commercial aerospace and defense, which allows it to deliver value propositions and position itself for expansion into other markets. Geographically, the company generates revenue from Norway, Europe, and the USA.
55GF 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.

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Price
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GF Value