Scana ASA (OSL:SCANA) Scaled Net Operating Assets: 0.72 (As of Mar. 2026)


OSL:SCANA Scana ASA OSL:SCANA
65 GF Score
Price kr1.46
GF Value kr2.19
Valuation Possible Value Trap
! 5 Warning Signs
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What is Scana ASA Scaled Net Operating Assets?

Scana ASA OSL:SCANA -0.34% 65 Scaled Net Operating Assets is 0.72 as of Mar. 2026. GuruFocus rates OSL:SCANA with a GF Score™ of 65/100 and a GF Value™ of kr2.19 (Possible Value Trap). The stock has 5 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.

Scana ASA's operating assets for the quarter that ended in Mar. 2026 was kr1,486 Mil. Scana ASA's operating liabilities for the quarter that ended in Mar. 2026 was kr404 Mil. Scana ASA's Total Assets for the quarter that ended in Dec. 2025 was kr1,501 Mil. Therefore, Scana ASA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.72.

Scana ASA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Scana 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.

Scana ASA Scaled Net Operating Assets Chart

Scana 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 -1.96 4.72 0.78 0.76 0.67

Scana 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 0.76 0.76 0.73 0.66 0.72

OSL:SCANA vs GEV, ETN, PH: Scaled Net Operating Assets Comparison

For the Specialty Industrial Machinery subindustry, Scana 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.

Scana ASA Scaled Net Operating Assets vs Industrial Products Industry

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

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


OSL:SCANA
65GF Score
Scana ASA OSL:SCANA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Scana 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.

Scana 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 )
=(1447.4-401.7)/1571.3
=0.67

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1501.2 - 53.8
=1447.4

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=873 - 333.4 - 137.9
=401.7

Scana 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 )
=(1485.7-403.5)/1501.2
=0.72

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1502.1 - 16.4
=1485.7

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=865.3 - 300.9 - 160.9
=403.5

* 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 0.72 mean?
Scana ASA (OSL:SCANA) has a Scaled Net Operating Assets of 0.72 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 Scana ASA and its competitors.
Is Scana ASA's Scaled Net Operating Assets too high?
Scana ASA's current Scaled Net Operating Assets is 0.72. Overall, Scana ASA has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Scana ASA's Scaled Net Operating Assets compare to GEV and ETN?
Scana ASA's Scaled Net Operating Assets of 0.72 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 Scana ASA and its competitors. Scana ASA's current Scaled Net Operating Assets is 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scana ASA stock overvalued right now?
Based on GuruFocus' analysis, Scana ASA (OSL:SCANA) is currently considered Possible Value Trap. The stock's GF Value™ is kr2.19, compared to a current price of kr1.46 — trading 33.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.72. Scana ASA's overall GF Score™ is 65/100 with 5 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 Scana ASA (OSL:SCANA), the current Scaled Net Operating Assets is 0.72 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 Scana ASA (OSL:SCANA) Overvalued in 2026?

Based on GuruFocus' analysis, Scana ASA stock appears to be undervalued. The current stock price of kr1.46 is trading 33.3% below its estimated GF Value™ of kr2.19. GuruFocus considers Scana ASA to be Possible Value Trap.

Key valuation signals for OSL:SCANA:

  • Scaled Net Operating Assets: 0.72
  • GF Value™: kr2.19 vs. price of kr1.46 (33.3% below fair value)
  • GF Score™: 65/100 with 5 warning signs

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

Scana ASA Business Description

Address Wernersholmvegen 49, Paradis, Bergen, NOR, 5232
Scana ASA is an active industrial owner of technology and services for the offshore and energy industries. Along with its subsidiaries, the company operates in two business areas: Energy and Offshore. A majority of its revenue is generated from the Offshore segment, which delivers the design and manufacturing of riser applications and specialist subsea equipment to rig servicing, ISS services, mooring systems, and IMR lifecycle services for rigs and vessels, covering various products and services. In addition, it delivers mooring solutions and valve control systems to the shipping, energy, and aquaculture industries. Geographically, the group derives maximum revenue from Norway, followed by Other European countries, America, Asia, and Africa.
65GF Score

Get the complete analysis for OSL:SCANA

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

kr1.46
Price
kr2.19
GF Value