Catella AB (OSTO:CAT A) Scaled Net Operating Assets: 0.46 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSTO:CAT A Catella AB OSTO:CAT A
75 GF Score
Price kr18.40
GF Value kr23.05
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Catella AB Scaled Net Operating Assets?

Catella AB OSTO:CAT A 75 Scaled Net Operating Assets is 0.46 as of Mar. 2026. GuruFocus rates OSTO:CAT A with a GF Score™ of 75/100 and a GF Value™ of kr23.05 (Modestly Undervalued). 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.

Catella AB's operating assets for the quarter that ended in Mar. 2026 was kr2,565 Mil. Catella AB's operating liabilities for the quarter that ended in Mar. 2026 was kr639 Mil. Catella AB's Total Assets for the quarter that ended in Dec. 2025 was kr4,144 Mil. Therefore, Catella AB's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.46.


Catella AB Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Catella AB'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.

Catella AB Scaled Net Operating Assets Chart

Catella AB 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 0.65 0.61 0.72 0.32

Catella AB 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 0.67 0.40 0.46 0.43 0.47

OSTO:CAT A vs BLK, BX, KKR: Scaled Net Operating Assets Comparison

For the Asset Management subindustry, Catella AB'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.


Catella AB Scaled Net Operating Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Catella AB's Scaled Net Operating Assets distribution charts can be found below:

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


OSTO:CAT A
75GF Score
Catella AB OSTO:CAT A
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Catella AB 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.

Catella AB'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 )
=(2548-758)/5549
=0.32

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4144 - 1596
=2548

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2216 - 1275 - 183
=758

Catella AB'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 )
=(2565-639)/4144
=0.46

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3963 - 1398
=2565

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2112 - 1272 - 201
=639

* 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 0.46 mean?
Catella AB (OSTO:CAT A) has a Scaled Net Operating Assets of 0.46 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 Catella AB and its competitors.
Is Catella AB's Scaled Net Operating Assets too high?
Catella AB's current Scaled Net Operating Assets is 0.46. Overall, Catella AB has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Catella AB's Scaled Net Operating Assets compare to BLK and BX?
Catella AB's Scaled Net Operating Assets of 0.46 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Catella AB and its competitors. Catella AB's current Scaled Net Operating Assets is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Catella AB stock overvalued right now?
Based on GuruFocus' analysis, Catella AB (OSTO:CAT A) is currently considered Modestly Undervalued. The stock's GF Value™ is kr23.05, compared to a current price of kr18.40 — trading 20.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.46. Catella AB's overall GF Score™ is 75/100 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 Catella AB (OSTO:CAT A), the current Scaled Net Operating Assets is 0.46 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 Catella AB (OSTO:CAT A) Overvalued in 2026?

Based on GuruFocus' analysis, Catella AB stock appears to be undervalued. The current stock price of kr18.40 is trading 20.2% below its estimated GF Value™ of kr23.05. GuruFocus considers Catella AB to be Modestly Undervalued.

Key valuation signals for OSTO:CAT A:

  • Scaled Net Operating Assets: 0.46
  • GF Value™: kr23.05 vs. price of kr18.40 (20.2% below fair value)
  • GF Score™: 75/100 with 5 warning signs

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


Catella AB Business Description

Other Exchanges CAT B:Sweden0RL4:UK
Address Birger Jarlsgatan 6, P.O. Box 5894, Stockholm, SWE, SE-102 40
Catella AB is a Swedish financial firm specializing in property investments, fund management, and corporate finance advisory services across Europe. The group consists of a number of companies that conduct operations in three business areas: i) Investment Management: It offers regulated fund products, regional asset management services and project management of real estate developments. ii) Principal Investments: It makes direct investments and co-investments with partners in real estate projects. iii) Corporate Finance: It is a European advisor within real estate related corporate finance services such as real estate transactions, M&A, debt and equity capital markets advisory. The majority of revenue is derived from the Investment Management segment.
75GF Score

Get the complete analysis for OSTO:CAT A

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

kr18.40
Price
kr23.05
GF Value