SBS (Companhia Deneamento Basico Do Estado Deo Paulo) Scaled Net Operating Assets: 0.76 (As of Mar. 2026)


SBS Companhia De Saneamento Basico Do Estado De Sao Paulo SBS
84 GF Score
Price $5.79
GF Value $4.89
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Companhia Deneamento Basico Do Estado Deo Paulo Scaled Net Operating Assets?

Companhia Deneamento Basico Do Estado Deo Paulo SBS +2.84% 84 Scaled Net Operating Assets is 0.76 as of Mar. 2026. GuruFocus rates SBS with a GF Score™ of 84/100 and a GF Value™ of $4.89 (Modestly Overvalued). 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.

Companhia Deneamento Basico Do Estado Deo Paulo's operating assets for the quarter that ended in Mar. 2026 was $18,651 Mil. Companhia Deneamento Basico Do Estado Deo Paulo's operating liabilities for the quarter that ended in Mar. 2026 was $4,064 Mil. Companhia Deneamento Basico Do Estado Deo Paulo's Total Assets for the quarter that ended in Dec. 2025 was $19,100 Mil. Therefore, Companhia Deneamento Basico Do Estado Deo Paulo's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.76.


Companhia Deneamento Basico Do Estado Deo Paulo Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Companhia Deneamento Basico Do Estado Deo Paulo'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.

Companhia Deneamento Basico Do Estado Deo Paulo Scaled Net Operating Assets Chart

Companhia Deneamento Basico Do Estado Deo Paulo 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 0.71 0.87 0.86 0.74 0.97

Companhia Deneamento Basico Do Estado Deo Paulo 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 0.00 0.00 0.77 0.72 0.76

SBS vs AWK, WTRG, AWR: Scaled Net Operating Assets Comparison

For the Utilities - Regulated Water subindustry, Companhia Deneamento Basico Do Estado Deo Paulo'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.


Companhia Deneamento Basico Do Estado Deo Paulo Scaled Net Operating Assets vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia Deneamento Basico Do Estado Deo Paulo's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Companhia Deneamento Basico Do Estado Deo Paulo's Scaled Net Operating Assets falls into.


SBS
84GF Score
Companhia De Saneamento Basico Do Estado De Sao Paulo SBS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Companhia Deneamento Basico Do Estado Deo Paulo 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.

Companhia Deneamento Basico Do Estado Deo Paulo'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 )
=(16832.267-3970.03)/13270.846
=0.97

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=19099.798 - 2267.531
=16832.267

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11327.903 - 6424.388 - 933.485
=3970.03

Companhia Deneamento Basico Do Estado Deo Paulo'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 )
=(18650.863-4063.801)/19099.798
=0.76

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=22318.859 - 3667.996
=18650.863

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13938.863 - 8943.312 - 931.75
=4063.801

* 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 0.76 mean?
Companhia Deneamento Basico Do Estado Deo Paulo (SBS) has a Scaled Net Operating Assets of 0.76 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 Companhia Deneamento Basico Do Estado Deo Paulo and its competitors.
Is Companhia Deneamento Basico Do Estado Deo Paulo's Scaled Net Operating Assets too high?
Companhia Deneamento Basico Do Estado Deo Paulo's current Scaled Net Operating Assets is 0.76. Overall, Companhia Deneamento Basico Do Estado Deo Paulo has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Companhia Deneamento Basico Do Estado Deo Paulo's Scaled Net Operating Assets compare to AWK and WTRG?
Companhia Deneamento Basico Do Estado Deo Paulo's Scaled Net Operating Assets of 0.76 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Scaled Net Operating Assets depends on the Utilities - Regulated 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 Companhia Deneamento Basico Do Estado Deo Paulo and its competitors. Companhia Deneamento Basico Do Estado Deo Paulo's current Scaled Net Operating Assets is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Companhia Deneamento Basico Do Estado Deo Paulo stock overvalued right now?
Based on GuruFocus' analysis, Companhia Deneamento Basico Do Estado Deo Paulo (SBS) is currently considered Modestly Overvalued. The stock's GF Value™ is $4.89, compared to a current price of $5.79 — trading 18.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.76. Companhia Deneamento Basico Do Estado Deo Paulo's overall GF Score™ is 84/100 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 Companhia Deneamento Basico Do Estado Deo Paulo (SBS), the current Scaled Net Operating Assets is 0.76 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 Companhia Deneamento Basico Do Estado Deo Paulo (SBS) Overvalued in 2026?

Based on GuruFocus' analysis, Companhia Deneamento Basico Do Estado Deo Paulo stock appears to be overvalued. The current stock price of $5.79 is trading 18.4% above its estimated GF Value™ of $4.89. GuruFocus considers Companhia Deneamento Basico Do Estado Deo Paulo to be Modestly Overvalued.

Key valuation signals for SBS:

  • Scaled Net Operating Assets: 0.76
  • GF Value™: $4.89 vs. price of $5.79 (18.4% above fair value)
  • GF Score™: 84/100 with 5 warning signs

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


Companhia Deneamento Basico Do Estado Deo Paulo Business Description

Address Rua Costa Carvalho, 300, Sao Paulo, SP, BRA, 05429-900
Companhia De Saneamento Basico Do Estado De Sao Paulo is engaged in the provision of basic and environmental sanitation services in Sao Paulo State, and supplies treated water and sewage services on a wholesale basis. SABESP may perform activities in other states and countries and can operate in drainage, urban cleaning, solid waste handling, and energy markets. The company determined that it has a single operating segment, which is the provision of sanitation services.
84GF Score

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

$5.79
Price
$4.89
GF Value