SHWDF (Resonac Holdings) Scaled Net Operating Assets: 0.64 (As of Dec. 2025)


SHWDF Resonac Holdings Corp SHWDF
58 GF Score
Price $111.70
GF Value $18.93
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Resonac Holdings Scaled Net Operating Assets?

Resonac Holdings SHWDF 58 Scaled Net Operating Assets is 0.64 as of Dec. 2025. GuruFocus rates SHWDF with a GF Score™ of 58/100 and a GF Value™ of $18.93 (Significantly Overvalued). The stock has 8 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.

Resonac Holdings's operating assets for the quarter that ended in Dec. 2025 was $11,626 Mil. Resonac Holdings's operating liabilities for the quarter that ended in Dec. 2025 was $2,627 Mil. Resonac Holdings's Total Assets for the quarter that ended in Sep. 2025 was $13,997 Mil. Therefore, Resonac Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.64.


Resonac Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Resonac Holdings'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.

Resonac Holdings Scaled Net Operating Assets Chart

Resonac Holdings 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 0.59 0.56 0.62 0.63 0.64

Resonac Holdings 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 0.65 0.69 0.68 0.64 0.65

SHWDF vs DOW: Scaled Net Operating Assets Comparison

For the Chemicals subindustry, Resonac Holdings'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.


Resonac Holdings Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Resonac Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


SHWDF
58GF Score
Resonac Holdings Corp SHWDF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Resonac Holdings 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.

Resonac Holdings'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 )
=(11626.213-2626.963)/14124.994
=0.64

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13511.997 - 1885.784
=11626.213

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8845.268 - 5101.908 - 1116.397
=2626.963

Resonac Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Sep. 2025 )
=(11626.213-2626.963)/13997.331
=0.64

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13511.997 - 1885.784
=11626.213

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8845.268 - 5101.908 - 1116.397
=2626.963

* 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 0.64 mean?
Resonac Holdings (SHWDF) has a Scaled Net Operating Assets of 0.64 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Resonac Holdings and its competitors.
Is Resonac Holdings' Scaled Net Operating Assets too high?
Resonac Holdings' current Scaled Net Operating Assets is 0.64. Overall, Resonac Holdings has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Resonac Holdings' Scaled Net Operating Assets compare to DOW?
Resonac Holdings' Scaled Net Operating Assets of 0.64 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Resonac Holdings and its competitors. Resonac Holdings's current Scaled Net Operating Assets is 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resonac Holdings stock overvalued right now?
Based on GuruFocus' analysis, Resonac Holdings (SHWDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.93, compared to a current price of $111.70 — trading 490.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.64. Resonac Holdings' overall GF Score™ is 58/100 with 8 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 Resonac Holdings (SHWDF), the current Scaled Net Operating Assets is 0.64 as of Dec. 2025. 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 Resonac Holdings (SHWDF) Overvalued in 2026?

Based on GuruFocus' analysis, Resonac Holdings stock appears to be overvalued. The current stock price of $111.70 is trading 490.1% above its estimated GF Value™ of $18.93. GuruFocus considers Resonac Holdings to be Significantly Overvalued.

Key valuation signals for SHWDF:

  • Scaled Net Operating Assets: 0.64
  • GF Value™: $18.93 vs. price of $111.70 (490.1% above fair value)
  • GF Score™: 58/100 with 8 warning signs

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


Resonac Holdings Business Description

Address 1-9-1, Higashi-Shimbashi, Tokyo Shiodome Building, Minato-ku, Tokyo, JPN, 105-7325
Resonac Holdings Corp manufactures and sells chemicals, aluminum, and electronics. The company operates through five segments. The Chemical segment includes petrochemicals such as olefins and organic chemicals, industrial gases, basic chemicals, and graphite electrodes. The Innovation Materials segment covers functional chemicals, resins, coating materials, ceramics, and aluminum specialty components. The Mobility segment provides automotive products, friction materials, powder metal products, & lithium-ion battery materials. Semiconductors and Electronic Materials segment includes front-end and back-end semiconductor materials, as well as device solutions like hard disk media and compound semiconductors. The Others segment covers energy storage devices, systems, and life science products.
58GF Score

Get the complete analysis for SHWDF

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

$111.70
Price
$18.93
GF Value