Freja eID Group AB (OSTO:FREJA) Scaled Net Operating Assets: 0.20 (As of Mar. 2026)


OSTO:FREJA Freja eID Group AB OSTO:FREJA
68 GF Score
Price kr17.10
GF Value kr11.61
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Freja eID Group AB Scaled Net Operating Assets?

Freja eID Group AB OSTO:FREJA +0.88% 68 Scaled Net Operating Assets is 0.20 as of Mar. 2026. GuruFocus rates OSTO:FREJA with a GF Score™ of 68/100 and a GF Value™ of kr11.61 (Significantly Overvalued). The stock has 2 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.

Freja eID Group AB's operating assets for the quarter that ended in Mar. 2026 was kr50.17 Mil. Freja eID Group AB's operating liabilities for the quarter that ended in Mar. 2026 was kr36.15 Mil. Freja eID Group AB's Total Assets for the quarter that ended in Dec. 2025 was kr69.42 Mil. Therefore, Freja eID Group AB's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.20.


Freja eID Group AB Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Freja eID Group 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.

Freja eID Group AB Scaled Net Operating Assets Chart

Freja eID Group 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 0.52 0.35 0.47 0.36 0.30

Freja eID Group 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 0.29 0.28 0.27 0.25 0.20

OSTO:FREJA vs MSFT, ORCL, PLTR: Scaled Net Operating Assets Comparison

For the Software - Infrastructure subindustry, Freja eID Group 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.


Freja eID Group AB Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Freja eID Group AB's Scaled Net Operating Assets distribution charts can be found below:

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


OSTO:FREJA
68GF Score
Freja eID Group AB OSTO:FREJA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Freja eID Group 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.

Freja eID Group 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 )
=(54.517-36.547)/60.791
=0.30

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=69.416 - 14.899
=54.517

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=47.422 - 2.896 - 7.979
=36.547

Freja eID Group 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 )
=(50.171-36.15)/69.416
=0.20

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=63.967 - 13.796
=50.171

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=43.64 - 2.44 - 5.05
=36.15

* 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 0.20 mean?
Freja eID Group AB (OSTO:FREJA) has a Scaled Net Operating Assets of 0.20 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 Freja eID Group AB and its competitors.
Is Freja eID Group AB's Scaled Net Operating Assets too high?
Freja eID Group AB's current Scaled Net Operating Assets is 0.20. Overall, Freja eID Group AB has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freja eID Group AB's Scaled Net Operating Assets compare to MSFT and ORCL?
Freja eID Group AB's Scaled Net Operating Assets of 0.20 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Freja eID Group AB and its competitors. Freja eID Group AB's current Scaled Net Operating Assets is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freja eID Group AB stock overvalued right now?
Based on GuruFocus' analysis, Freja eID Group AB (OSTO:FREJA) is currently considered Significantly Overvalued. The stock's GF Value™ is kr11.61, compared to a current price of kr17.10 — trading 47.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.20. Freja eID Group AB's overall GF Score™ is 68/100 with 2 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 Freja eID Group AB (OSTO:FREJA), the current Scaled Net Operating Assets is 0.20 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 Freja eID Group AB (OSTO:FREJA) Overvalued in 2026?

Based on GuruFocus' analysis, Freja eID Group AB stock appears to be overvalued. The current stock price of kr17.10 is trading 47.3% above its estimated GF Value™ of kr11.61. GuruFocus considers Freja eID Group AB to be Significantly Overvalued.

Key valuation signals for OSTO:FREJA:

  • Scaled Net Operating Assets: 0.20
  • GF Value™: kr11.61 vs. price of kr17.10 (47.3% above fair value)
  • GF Score™: 68/100 with 2 warning signs

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


Freja eID Group AB Business Description

Address Vasagatan 40, Box 3328, Stockholm, SWE, 103 66
Freja eID Group AB is a Swedish tech company. The company offers an ID platform that gives the user control over their digital identity and data. Through the platform, the user can interact with companies and authorities but also with private individuals. The functions include e-identification, electronic signatures, sign-up, check-out, physical identification, and e-service identification. Its business is based on the Swedish market and the platform is built for international scalability.
68GF Score

Get the complete analysis for OSTO:FREJA

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

kr17.10
Price
kr11.61
GF Value