Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Havila Shipping ASA's operating assets for the quarter that ended in Mar. 2026 was kr1,295.9 Mil. Havila Shipping ASA's operating liabilities for the quarter that ended in Mar. 2026 was kr163.9 Mil. Havila Shipping ASA's Total Assets for the quarter that ended in Dec. 2025 was kr1,499.9 Mil. Therefore, Havila Shipping ASA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.75.
Havila Shipping ASA Scaled Net Operating Assets Related Terms
Havila Shipping ASA Scaled Net Operating Assets Historical Data
* Premium members only.
The historical data trend for Havila Shipping 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.
Havila Shipping ASA Scaled Net Operating Assets Chart
Havila Shipping ASA Scaled Net Operating Assets Competitor Comparison
For the Marine Shipping subindustry, Havila Shipping 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.
Havila Shipping ASA Scaled Net Operating Assets vs Transportation Industry
For the Transportation industry and Industrials sector, Havila Shipping ASA's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Havila Shipping ASA'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 0.75 mean?
Havila Shipping ASA (OSL:HAVI) has a Scaled Net Operating Assets of 0.75 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 Havila Shipping ASA and its competitors.
Is Havila Shipping ASA's Scaled Net Operating Assets too high?
Havila Shipping ASA's current Scaled Net Operating Assets is 0.75. Overall, Havila Shipping ASA has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Havila Shipping ASA's Scaled Net Operating Assets compare to competitors?
Havila Shipping ASA's Scaled Net Operating Assets of 0.75 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 Havila Shipping ASA and its competitors. Havila Shipping ASA's current Scaled Net Operating Assets is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havila Shipping ASA stock overvalued right now?
Based on GuruFocus' analysis, Havila Shipping ASA (OSL:HAVI) is currently considered Possible Value Trap. The stock's GF Value™ is kr2.65, compared to a current price of kr1.12 — trading 57.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.75. Havila Shipping ASA's overall GF Score™ is 50/100 with 3 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 Havila Shipping ASA (OSL:HAVI), the current Scaled Net Operating Assets is 0.75 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 Havila Shipping ASA (OSL:HAVI) Overvalued in 2026?
Based on GuruFocus' analysis, Havila Shipping ASA stock appears to be undervalued.
The current stock price of kr1.12 is trading 57.9% below its estimated GF Value™ of kr2.65.
GuruFocus considers Havila Shipping ASA to be Possible Value Trap.
Key valuation signals for OSL:HAVI:
Scaled Net Operating Assets: 0.75
GF Value™: kr2.65 vs. price of kr1.12 (57.9% below fair value)
No single metric tells the full story. See the OSL:HAVI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Havila Shipping ASA is a supplier of quality assured supply services to the offshore industry, nationally as well as internationally. Its segment includes Platform Supply Vessel, Rescue recovery Vessel, Subsea operations vessels, and Non-allocated. The group generates revenue mainly from customers located in Norway, the UK, Denmark, Belgium, Iceland, and the Netherlands. The group generates the majority of its revenue from the Platform Supply Vessel segment.
50GF Score
Get the complete analysis for OSL:HAVI
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OSL:HAVI has been successfully added to your 
