Iceland Seafood International hf (OISE:ICESEA) Scaled Net Operating Assets: 0.73 (As of Mar. 2026)


OISE:ICESEA Iceland Seafood International hf OISE:ICESEA
50 GF Score
Price kr4.22
GF Value kr6.71
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Iceland Seafood International hf Scaled Net Operating Assets?

Iceland Seafood International hf OISE:ICESEA +1.44% 50 Scaled Net Operating Assets is 0.73 as of Mar. 2026. GuruFocus rates OISE:ICESEA with a GF Score™ of 50/100 and a GF Value™ of kr6.71 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Iceland Seafood International hf's operating assets for the quarter that ended in Mar. 2026 was kr41,600 Mil. Iceland Seafood International hf's operating liabilities for the quarter that ended in Mar. 2026 was kr11,653 Mil. Iceland Seafood International hf's Total Assets for the quarter that ended in Dec. 2025 was kr41,142 Mil. Therefore, Iceland Seafood International hf's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.73.


Iceland Seafood International hf Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Iceland Seafood International hf'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.

Iceland Seafood International hf Scaled Net Operating Assets Chart

Iceland Seafood International hf 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 0.72 0.59 0.61 0.69 0.86

Iceland Seafood International hf 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 0.72 0.75 0.72 0.80 0.73

OISE:ICESEA vs KHC, GIS, HRL: Scaled Net Operating Assets Comparison

For the Packaged Foods subindustry, Iceland Seafood International hf'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.


Iceland Seafood International hf Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Iceland Seafood International hf's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Iceland Seafood International hf's Scaled Net Operating Assets falls into.


OISE:ICESEA
50GF Score
Iceland Seafood International hf OISE:ICESEA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Iceland Seafood International hf 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.

Iceland Seafood International hf'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 )
=(38826.26-9964.344)/33437.934
=0.86

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=41142.217 - 2315.957
=38826.26

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=29011.974 - 5489.261 - 13558.369
=9964.344

Iceland Seafood International hf'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 )
=(41600.239-11652.643)/41142.217
=0.73

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=42572.153 - 971.914
=41600.239

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30245.494 - 5403.318 - 13189.533
=11652.643

* 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 0.73 mean?
Iceland Seafood International hf (OISE:ICESEA) has a Scaled Net Operating Assets of 0.73 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 Iceland Seafood International hf and its competitors.
Is Iceland Seafood International hf's Scaled Net Operating Assets too high?
Iceland Seafood International hf's current Scaled Net Operating Assets is 0.73. Overall, Iceland Seafood International hf has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Iceland Seafood International hf's Scaled Net Operating Assets compare to KHC and GIS?
Iceland Seafood International hf's Scaled Net Operating Assets of 0.73 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 Iceland Seafood International hf and its competitors. Iceland Seafood International hf's current Scaled Net Operating Assets is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iceland Seafood International hf stock overvalued right now?
Based on GuruFocus' analysis, Iceland Seafood International hf (OISE:ICESEA) is currently considered Significantly Undervalued. The stock's GF Value™ is kr6.71, compared to a current price of kr4.22 — trading 37.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.73. Iceland Seafood International hf's overall GF Score™ is 50/100 with 1 warning sign 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 Iceland Seafood International hf (OISE:ICESEA), the current Scaled Net Operating Assets is 0.73 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 Iceland Seafood International hf (OISE:ICESEA) Overvalued in 2026?

Based on GuruFocus' analysis, Iceland Seafood International hf stock appears to be undervalued. The current stock price of kr4.22 is trading 37.1% below its estimated GF Value™ of kr6.71. GuruFocus considers Iceland Seafood International hf to be Significantly Undervalued.

Key valuation signals for OISE:ICESEA:

  • Scaled Net Operating Assets: 0.73
  • GF Value™: kr6.71 vs. price of kr4.22 (37.1% below fair value)
  • GF Score™: 50/100 with 1 warning sign

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


Iceland Seafood International hf Business Description

Address Kollunarklettsvegur 2, Reykjavik, ISL, 104
Iceland Seafood International hf is engaged in the sale, processing, and marketing of frozen, salted, and fresh seafood. The company's operating segment includes Value-added Southern Europe; Value added Northern Europe; Sales and Distribution and Other. It generates maximum revenue from the Value-added Southern Europe segment.
50GF Score

Get the complete analysis for OISE:ICESEA

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

kr4.22
Price
kr6.71
GF Value