RTLLF (Rational AG) Scaled Net Operating Assets: 0.36 (As of Mar. 2026)


RTLLF Rational AG RTLLF
93 GF Score
Price $746.43
GF Value $885.65
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Rational AG Scaled Net Operating Assets?

Rational AG RTLLF +1.65% 93 Scaled Net Operating Assets is 0.36 as of Mar. 2026. GuruFocus rates RTLLF with a GF Score™ of 93/100 and a GF Value™ of $885.65 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Rational AG's operating assets for the quarter that ended in Mar. 2026 was $769 Mil. Rational AG's operating liabilities for the quarter that ended in Mar. 2026 was $269 Mil. Rational AG's Total Assets for the quarter that ended in Dec. 2025 was $1,385 Mil. Therefore, Rational AG's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.36.


Rational AG Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Rational AG'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.

Rational AG Scaled Net Operating Assets Chart

Rational AG 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 0.41 0.43 0.44 0.38 0.44

Rational AG 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 0.39 0.41 0.37 0.39 0.36

RTLLF vs GEV, ETN, PH: Scaled Net Operating Assets Comparison

For the Specialty Industrial Machinery subindustry, Rational AG'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.


Rational AG Scaled Net Operating Assets vs Industrial Products Industry

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

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


RTLLF
93GF Score
Rational AG RTLLF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Rational AG 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.

Rational AG'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 )
=(762.931-251.923)/1158.284
=0.44

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1385.34 - 622.409
=762.931

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=283.707 - 20.652 - 11.132
=251.923

Rational AG'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 )
=(769.429-269.11)/1385.34
=0.36

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1424.941 - 655.512
=769.429

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=269.11 - 0 - 0
=269.11

* 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 0.36 mean?
Rational AG (RTLLF) has a Scaled Net Operating Assets of 0.36 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 Rational AG and its competitors.
Is Rational AG's Scaled Net Operating Assets too high?
Rational AG's current Scaled Net Operating Assets is 0.36. Overall, Rational AG has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rational AG's Scaled Net Operating Assets compare to GEV and ETN?
Rational AG's Scaled Net Operating Assets of 0.36 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 Rational AG and its competitors. Rational AG's current Scaled Net Operating Assets is 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rational AG stock overvalued right now?
Based on GuruFocus' analysis, Rational AG (RTLLF) is currently considered Modestly Undervalued. The stock's GF Value™ is $885.65, compared to a current price of $746.43 — trading 15.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.36. Rational AG's overall GF Score™ is 93/100 with 1 warning sign 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 Rational AG (RTLLF), the current Scaled Net Operating Assets is 0.36 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 Rational AG (RTLLF) Overvalued in 2026?

Based on GuruFocus' analysis, Rational AG stock appears to be undervalued. The current stock price of $746.43 is trading 15.7% below its estimated GF Value™ of $885.65. GuruFocus considers Rational AG to be Modestly Undervalued.

Key valuation signals for RTLLF:

  • Scaled Net Operating Assets: 0.36
  • GF Value™: $885.65 vs. price of $746.43 (15.7% below fair value)
  • GF Score™: 93/100 with 1 warning sign

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


Rational AG Business Description

Address Siegfried-Meister-Strasse 1, Landsberg am Lech, BY, DEU, 86899
Rational specializes in manufacturing automated multifunctional ovens for professional kitchens that replace conventional cooking appliances such as a stove, grill, and oven. Rational has produced over 1 million combi-steamers since its first combi-steamer in 1976, which are used to prepare 160 million food dishes daily. Approximately 72% of group revenue is generated from the sale of cooking appliances, mostly the iCombi Pro that was launched in May 2020 and its predecessor product. Rational has a presence in over 120 countries. The majority of revenue is earned in Europe, followed by North America and Asia.
93GF Score

Get the complete analysis for RTLLF

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

$746.43
Price
$885.65
GF Value