Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
TCM Group AS's operating assets for the quarter that ended in Mar. 2026 was kr1,371 Mil. TCM Group AS's operating liabilities for the quarter that ended in Mar. 2026 was kr395 Mil. TCM Group AS's Total Assets for the quarter that ended in Dec. 2025 was kr1,381 Mil. Therefore, TCM Group AS's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.71.
TCM Group AS Scaled Net Operating Assets Related Terms
TCM Group AS Scaled Net Operating Assets Historical Data
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The historical data trend for TCM 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.
OCSE:TCM vs SN, SGI, MHK: Scaled Net Operating Assets Comparison
For the Furnishings, Fixtures & Appliances subindustry, TCM 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.
TCM Group AS Scaled Net Operating Assets vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, TCM Group AS's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where TCM Group AS's Scaled Net Operating Assets falls into.
* 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 0.71 mean?
TCM Group AS (OCSE:TCM) has a Scaled Net Operating Assets of 0.71 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 TCM Group AS and its competitors.
Is TCM Group AS's Scaled Net Operating Assets too high?
TCM Group AS's current Scaled Net Operating Assets is 0.71. Overall, TCM Group AS has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TCM Group AS's Scaled Net Operating Assets compare to SN and SGI?
TCM Group AS's Scaled Net Operating Assets of 0.71 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Scaled Net Operating Assets depends on the Furnishings, Fixtures & Appliances 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 TCM Group AS and its competitors. TCM Group AS's current Scaled Net Operating Assets is 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCM Group AS stock overvalued right now?
Based on GuruFocus' analysis, TCM Group AS (OCSE:TCM) is currently considered Fairly Valued. The stock's GF Value™ is kr73.80, compared to a current price of kr69.00 — trading 6.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.71. TCM Group AS's overall GF Score™ is 85/100 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 TCM Group AS (OCSE:TCM), the current Scaled Net Operating Assets is 0.71 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 TCM Group AS (OCSE:TCM) Overvalued in 2026?
Based on GuruFocus' analysis, TCM Group AS stock appears to be undervalued.
The current stock price of kr69.00 is trading 6.5% below its estimated GF Value™ of kr73.80.
GuruFocus considers TCM Group AS to be Fairly Valued.
Key valuation signals for OCSE:TCM:
Scaled Net Operating Assets: 0.71
GF Value™: kr73.80 vs. price of kr69.00 (6.5% below fair value)
No single metric tells the full story. See the OCSE:TCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TCM Group AS manufactures and supplies kitchen and furniture products for bathrooms and storage in Denmark and the other Scandinavian countries. Its products include drawers, cabinets, fronts, table tops, handles, and other accessories. It offers its products under the Svane Kokkenet, Tvis Kokkener, Nettoline, and kitchen brands. The company also sells private-label products through Do-It-Yourself and kitchen specialty stores in Denmark and Norway. The group sells its products in Denmark and other countries, of which a majority of the revenue is derived from Denmark. It also has a presence in Norway and other countries.
85GF Score
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