Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
REC Silicon ASA's operating assets for the quarter that ended in Mar. 2026 was kr1,303.9 Mil. REC Silicon ASA's operating liabilities for the quarter that ended in Mar. 2026 was kr5,290.0 Mil. REC Silicon ASA's Total Assets for the quarter that ended in Dec. 2025 was kr1,433.2 Mil. Therefore, REC Silicon ASA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -2.78.
REC Silicon ASA Scaled Net Operating Assets Related Terms
REC Silicon ASA Scaled Net Operating Assets Historical Data
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The historical data trend for REC Silicon 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.
OSL:RECSI vs LRCX, AMAT, KLAC: Scaled Net Operating Assets Comparison
For the Semiconductor Equipment & Materials subindustry, REC Silicon 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.
REC Silicon ASA Scaled Net Operating Assets vs Semiconductors Industry
For the Semiconductors industry and Technology sector, REC Silicon ASA's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where REC Silicon 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 -2.78 mean?
REC Silicon ASA (OSL:RECSI) has a Scaled Net Operating Assets of -2.78 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 REC Silicon ASA and its competitors.
Is REC Silicon ASA's Scaled Net Operating Assets too high?
REC Silicon ASA's current Scaled Net Operating Assets is -2.78. Overall, REC Silicon ASA has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does REC Silicon ASA's Scaled Net Operating Assets compare to LRCX and AMAT?
REC Silicon ASA's Scaled Net Operating Assets of -2.78 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors 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 REC Silicon ASA and its competitors. REC Silicon ASA's current Scaled Net Operating Assets is -2.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is REC Silicon ASA stock overvalued right now?
Based on GuruFocus' analysis, REC Silicon ASA (OSL:RECSI) is currently considered Possible Value Trap. The stock's GF Value™ is kr2.42, compared to a current price of kr0.23 — trading 90.5% below its estimated fair value. The current Scaled Net Operating Assets is -2.78. REC Silicon ASA's overall GF Score™ is 39/100 with 8 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 REC Silicon ASA (OSL:RECSI), the current Scaled Net Operating Assets is -2.78 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 REC Silicon ASA (OSL:RECSI) Overvalued in 2026?
Based on GuruFocus' analysis, REC Silicon ASA stock appears to be undervalued.
The current stock price of kr0.23 is trading 90.5% below its estimated GF Value™ of kr2.42.
GuruFocus considers REC Silicon ASA to be Possible Value Trap.
Key valuation signals for OSL:RECSI:
Scaled Net Operating Assets: -2.78
GF Value™: kr2.42 vs. price of kr0.23 (90.5% below fair value)
No single metric tells the full story. See the OSL:RECSI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
REC Silicon ASA is a producer of silicon materials, supplying high-purity polysilicon and silicon gases to the solar and electronics industries. The product offered by the group includes Solar grade polysilicon, Electronic grade polysilicon, and Silicon gases. It operates in two segments, namely Solar Materials and Semiconductor Materials. The majority of the firm's revenue is generated through the Semiconductor Materials segment. The company operates geographically in the USA, Korea, China, Taiwan, Japan, France, Singapore, Denmark, Malaysia, Belgium, Ireland, India, Israel, Vietnam, Norway,and Other North American countries, with majority of revenue from the USA.
39GF Score
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