NTG Nordic Transport Group AS (OCSE:NTG) Scaled Net Operating Assets: 0.66 (As of Mar. 2026)


OCSE:NTG NTG Nordic Transport Group AS OCSE:NTG
86 GF Score
Price kr214.00
GF Value kr350.84
Valuation Significantly Undervalued
! 4 Warning Signs
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What is NTG Nordic Transport Group AS Scaled Net Operating Assets?

NTG Nordic Transport Group AS OCSE:NTG +8.52% 86 Scaled Net Operating Assets is 0.66 as of Mar. 2026. GuruFocus rates OCSE:NTG with a GF Score™ of 86/100 and a GF Value™ of kr350.84 (Significantly Undervalued). The stock has 4 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.

NTG Nordic Transport Group AS's operating assets for the quarter that ended in Mar. 2026 was kr6,330 Mil. NTG Nordic Transport Group AS's operating liabilities for the quarter that ended in Mar. 2026 was kr2,071 Mil. NTG Nordic Transport Group AS's Total Assets for the quarter that ended in Dec. 2025 was kr6,409 Mil. Therefore, NTG Nordic Transport Group AS's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.66.


NTG Nordic Transport Group AS Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for NTG Nordic Transport Group 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.

NTG Nordic Transport Group AS Scaled Net Operating Assets Chart

NTG Nordic Transport Group AS 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 0.48 0.41 0.59 0.50

NTG Nordic Transport Group AS 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 0.46 0.39 0.38 0.39 0.67

OCSE:NTG vs UPS, FDX, JBHT: Scaled Net Operating Assets Comparison

For the Integrated Freight & Logistics subindustry, NTG Nordic Transport Group 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.


NTG Nordic Transport Group AS Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, NTG Nordic Transport Group AS's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where NTG Nordic Transport Group AS's Scaled Net Operating Assets falls into.


OCSE:NTG
86GF Score
NTG Nordic Transport Group AS OCSE:NTG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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NTG Nordic Transport Group 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.

NTG Nordic Transport Group 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 )
=(6025-3511)/4989
=0.50

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6409 - 384
=6025

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4775 - 967 - 297
=3511

NTG Nordic Transport Group AS'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 )
=(6330-2071)/6409
=0.66

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6598 - 268
=6330

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4923 - 2475 - 377
=2071

* 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 0.66 mean?
NTG Nordic Transport Group AS (OCSE:NTG) has a Scaled Net Operating Assets of 0.66 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 NTG Nordic Transport Group AS and its competitors.
Is NTG Nordic Transport Group AS's Scaled Net Operating Assets too high?
NTG Nordic Transport Group AS's current Scaled Net Operating Assets is 0.66. Overall, NTG Nordic Transport Group AS has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NTG Nordic Transport Group AS's Scaled Net Operating Assets compare to UPS and FDX?
NTG Nordic Transport Group AS's Scaled Net Operating Assets of 0.66 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 NTG Nordic Transport Group AS and its competitors. NTG Nordic Transport Group AS's current Scaled Net Operating Assets is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTG Nordic Transport Group AS stock overvalued right now?
Based on GuruFocus' analysis, NTG Nordic Transport Group AS (OCSE:NTG) is currently considered Significantly Undervalued. The stock's GF Value™ is kr350.84, compared to a current price of kr214.00 — trading 39% below its estimated fair value. The current Scaled Net Operating Assets is 0.66. NTG Nordic Transport Group AS's overall GF Score™ is 86/100 with 4 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 NTG Nordic Transport Group AS (OCSE:NTG), the current Scaled Net Operating Assets is 0.66 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 NTG Nordic Transport Group AS (OCSE:NTG) Overvalued in 2026?

Based on GuruFocus' analysis, NTG Nordic Transport Group AS stock appears to be undervalued. The current stock price of kr214.00 is trading 39% below its estimated GF Value™ of kr350.84. GuruFocus considers NTG Nordic Transport Group AS to be Significantly Undervalued.

Key valuation signals for OCSE:NTG:

  • Scaled Net Operating Assets: 0.66
  • GF Value™: kr350.84 vs. price of kr214.00 (39% below fair value)
  • GF Score™: 86/100 with 4 warning signs

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


NTG Nordic Transport Group AS Business Description

Other Exchanges NRSA:Germany
Address Hammerholmen 47, Hvidovre, DNK, DK-2650
NTG Nordic Transport Group AS is a Denmark-based transport company. It offers the full range of freight forwarding services and end-to-end solutions within Air & Ocean and Road & Logistics, fueled by people power and technology. Business segments of the company include Road & Logistics and Air & Ocean. The majority of its revenue is earned through the Road & Logistics segment, which provides transport and warehousing solutions with a geographical focus on Europe. Geographically, the revenues are earned in Denmark, Sweden, the USA, Germany, Finland, and other countries, with key revenue derived from Denmark.
86GF 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.

kr214.00
Price
kr350.84
GF Value