OUTKY (Outokumpu Oyj) Scaled Net Operating Assets: 0.62 (As of Mar. 2026)


OUTKY Outokumpu Oyj OUTKY
67 GF Score
Price $3.10
GF Value $1.82
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Outokumpu Oyj Scaled Net Operating Assets?

Outokumpu Oyj OUTKY 67 Scaled Net Operating Assets is 0.62 as of Mar. 2026. GuruFocus rates OUTKY with a GF Score™ of 67/100 and a GF Value™ of $1.82 (Significantly Overvalued). The stock has 9 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.

Outokumpu Oyj's operating assets for the quarter that ended in Mar. 2026 was $6,216 Mil. Outokumpu Oyj's operating liabilities for the quarter that ended in Mar. 2026 was $2,092 Mil. Outokumpu Oyj's Total Assets for the quarter that ended in Dec. 2025 was $6,680 Mil. Therefore, Outokumpu Oyj's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.62.


Outokumpu Oyj Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Outokumpu Oyj'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.

Outokumpu Oyj Scaled Net Operating Assets Chart

Outokumpu Oyj 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 0.56 0.60 0.54 0.63 0.68

Outokumpu Oyj 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 0.65 0.65 0.65 0.62

OUTKY vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, Outokumpu Oyj'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.


Outokumpu Oyj Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, Outokumpu Oyj's Scaled Net Operating Assets distribution charts can be found below:

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


OUTKY
67GF Score
Outokumpu Oyj OUTKY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Outokumpu Oyj 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.

Outokumpu Oyj'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 )
=(6224.824-1959.016)/6246.073
=0.68

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6680.328 - 455.504
=6224.824

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2693.208 - 607.728 - 126.464
=1959.016

Outokumpu Oyj'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 )
=(6216.185-2092.485)/6680.328
=0.62

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6735.26 - 519.075
=6216.185

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2808.092 - 593.064 - 122.543
=2092.485

* 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 0.62 mean?
Outokumpu Oyj (OUTKY) has a Scaled Net Operating Assets of 0.62 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 Outokumpu Oyj and its competitors.
Is Outokumpu Oyj's Scaled Net Operating Assets too high?
Outokumpu Oyj's current Scaled Net Operating Assets is 0.62. Overall, Outokumpu Oyj has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Outokumpu Oyj's Scaled Net Operating Assets compare to NUE and STLD?
Outokumpu Oyj's Scaled Net Operating Assets of 0.62 can be compared against companies in the Steel 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 Steel company?
A good Scaled Net Operating Assets depends on the Steel 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 Outokumpu Oyj and its competitors. Outokumpu Oyj's current Scaled Net Operating Assets is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Outokumpu Oyj stock overvalued right now?
Based on GuruFocus' analysis, Outokumpu Oyj (OUTKY) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.82, compared to a current price of $3.10 — trading 70.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.62. Outokumpu Oyj's overall GF Score™ is 67/100 with 9 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 Outokumpu Oyj (OUTKY), the current Scaled Net Operating Assets is 0.62 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 Outokumpu Oyj (OUTKY) Overvalued in 2026?

Based on GuruFocus' analysis, Outokumpu Oyj stock appears to be overvalued. The current stock price of $3.10 is trading 70.3% above its estimated GF Value™ of $1.82. GuruFocus considers Outokumpu Oyj to be Significantly Overvalued.

Key valuation signals for OUTKY:

  • Scaled Net Operating Assets: 0.62
  • GF Value™: $1.82 vs. price of $3.10 (70.3% above fair value)
  • GF Score™: 67/100 with 9 warning signs

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


Outokumpu Oyj Business Description

Address Salmisaarenranta 11, Helsinki, FIN, FI-00180
Outokumpu Oyj is a steel and alloys maker. Its business is divided into three business areas, which are Europe, the Americas, and Ferrochrome. Europe derives the key revenue, which consists of both coil and plate operations. The high-volume and tailored standard stainless-steel grades are used, for example, in architecture, building and construction, transportation, catering and appliances, chemical, petrochemical and energy sectors, as well as other process industries. The Americas produces standard austenitic and ferritic grades as well as tailored products. Ferrochrome produces charge grade of ferrochrome and runs the chrome mine in Kemi and the ferrochrome smelter in Tornio, Finland. The company generates the majority of its revenue from Europe.
67GF Score

Get the complete analysis for OUTKY

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

$3.10
Price
$1.82
GF Value