Byggma ASA (OSL:BMA) Scaled Net Operating Assets: 0.79 (As of Mar. 2026)


OSL:BMA Byggma ASA OSL:BMA
62 GF Score
Price kr21.60
GF Value kr15.71
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Byggma ASA Scaled Net Operating Assets?

Byggma ASA OSL:BMA 62 Scaled Net Operating Assets is 0.79 as of Mar. 2026. GuruFocus rates OSL:BMA with a GF Score™ of 62/100 and a GF Value™ of kr15.71 (Significantly Overvalued). The stock has 9 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.

Byggma ASA's operating assets for the quarter that ended in Mar. 2026 was kr2,936 Mil. Byggma ASA's operating liabilities for the quarter that ended in Mar. 2026 was kr620 Mil. Byggma ASA's Total Assets for the quarter that ended in Dec. 2025 was kr2,917 Mil. Therefore, Byggma ASA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.79.


Byggma ASA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Byggma ASA'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.

Byggma ASA Scaled Net Operating Assets Chart

Byggma ASA 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 0.60 1.26 0.77 0.71 0.79

Byggma ASA 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 0.82 0.81 0.81 0.73 0.79

OSL:BMA vs TT, JCI, CARR: Scaled Net Operating Assets Comparison

For the Building Products & Equipment subindustry, Byggma ASA'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.


Byggma ASA Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Byggma ASA's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Byggma ASA's Scaled Net Operating Assets falls into.


OSL:BMA
62GF Score
Byggma ASA OSL:BMA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Byggma ASA 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.

Byggma ASA'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 )
=(2896.784-602.974)/2911.801
=0.79

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2916.616 - 19.832
=2896.784

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1893.16 - 828.584 - 461.602
=602.974

Byggma ASA'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 )
=(2935.6-620.4)/2916.616
=0.79

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2950.3 - 14.7
=2935.6

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1857 - 801.8 - 434.8
=620.4

* 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?
Byggma ASA (OSL:BMA) 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 Byggma ASA and its competitors.
Is Byggma ASA's Scaled Net Operating Assets too high?
Byggma ASA's current Scaled Net Operating Assets is 0.79. Overall, Byggma ASA has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Byggma ASA's Scaled Net Operating Assets compare to TT and JCI?
Byggma ASA's Scaled Net Operating Assets of 0.79 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Byggma ASA and its competitors. Byggma ASA'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 Byggma ASA stock overvalued right now?
Based on GuruFocus' analysis, Byggma ASA (OSL:BMA) is currently considered Significantly Overvalued. The stock's GF Value™ is kr15.71, compared to a current price of kr21.60 — trading 37.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.79. Byggma ASA's overall GF Score™ is 62/100 with 9 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 Byggma ASA (OSL:BMA), 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 Byggma ASA (OSL:BMA) Overvalued in 2026?

Based on GuruFocus' analysis, Byggma ASA stock appears to be overvalued. The current stock price of kr21.60 is trading 37.5% above its estimated GF Value™ of kr15.71. GuruFocus considers Byggma ASA to be Significantly Overvalued.

Key valuation signals for OSL:BMA:

  • Scaled Net Operating Assets: 0.79
  • GF Value™: kr15.71 vs. price of kr21.60 (37.5% above fair value)
  • GF Score™: 62/100 with 9 warning signs

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


Byggma ASA Business Description

Address Venneslaveien 233, P.O. Box 21, Vennesla, NOR, 4701
Byggma ASA is a supplier of building materials in the Nordic countries. Its operating segment includes Panels; Lighting; Windows; Beams and Byggma other. It generates maximum revenue from the Panels segment. The company's brands include Huntonit, Manonite, Forestia, Uldal, Scan Lamps and Aneta. It is involved in projects ranging from public buildings, commercial and private homes. Geographically, it derives a majority of revenue from Norway.
62GF Score

Get the complete analysis for OSL:BMA

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

kr21.60
Price
kr15.71
GF Value