STN (Stantec) Scaled Net Operating Assets: 0.70 (As of Jun. 2026)

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STN Stantec Inc STN
89 GF Score
Price $70.96
GF Value $89.88
Valuation Modestly Undervalued
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What is Stantec Scaled Net Operating Assets?

Stantec STN +0.31% 89 Scaled Net Operating Assets is 0.70 as of Jun. 2026. GuruFocus rates STN with a GF Score™ of 89/100 and a GF Value™ of $89.88 (Modestly Undervalued).

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

Stantec's operating assets for the quarter that ended in Jun. 2026 was $5,510 Mil. Stantec's operating liabilities for the quarter that ended in Jun. 2026 was $1,446 Mil. Stantec's Total Assets for the quarter that ended in Mar. 2026 was $5,765 Mil. Therefore, Stantec's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.70.


Stantec Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Stantec'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.

Stantec Scaled Net Operating Assets Chart

Stantec 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 0.86 0.72 0.69 0.76 0.81

Stantec Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.74 0.78 0.67 0.69 0.71

STN vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, Stantec'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.


Stantec Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Stantec's Scaled Net Operating Assets distribution charts can be found below:

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


STN
89GF Score
Stantec Inc STN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stantec 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.

Stantec'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 )
=(5514.3534561371-1582.7831479117)/4836.6708385482
=0.81

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5804.7784059821 - 290.42494984498
=5514.3534561371

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3440.8170709466 - 1541.2730257159 - 316.76089731899
=1582.7831479117

Stantec's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(5509.7797356828-1446.2731277533)/5764.5372792089
=0.70

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5775.718061674 - 265.93832599119
=5509.7797356828

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3383.4713656388 - 1737.6563876652 - 199.54185022026
=1446.2731277533

* 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 0.70 mean?
Stantec (STN) has a Scaled Net Operating Assets of 0.70 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Stantec and its competitors.
Is Stantec's Scaled Net Operating Assets too high?
Stantec's current Scaled Net Operating Assets is 0.70. Overall, Stantec has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Stantec's Scaled Net Operating Assets compare to PWR and FIX?
Stantec's Scaled Net Operating Assets of 0.70 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Stantec and its competitors. Stantec's current Scaled Net Operating Assets is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stantec stock overvalued right now?
Based on GuruFocus' analysis, Stantec (STN) is currently considered Modestly Undervalued. The stock's GF Value™ is $89.88, compared to a current price of $70.96 — trading 21.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.70. Stantec's overall GF Score™ is 89/100. 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 Stantec (STN), the current Scaled Net Operating Assets is 0.70 as of Jun. 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 Stantec (STN) Overvalued in 2026?

Based on GuruFocus' analysis, Stantec stock appears to be undervalued. The current stock price of $70.96 is trading 21.1% below its estimated GF Value™ of $89.88. GuruFocus considers Stantec to be Modestly Undervalued.

Key valuation signals for STN:

  • Scaled Net Operating Assets: 0.70
  • GF Value™: $89.88 vs. price of $70.96 (21.1% below fair value)
  • GF Score™: 89/100

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


Stantec Business Description

Other Exchanges S3A:GermanySTN:Canada
Address 10220 - 103 Avenue NW, Suite 300, Edmonton, AB, CAN, T5J 0K4
Stantec Inc. is a Canadian professional services company that provides engineering, architecture, environmental, and project management services. It operates through business lines covering infrastructure, water, buildings, environmental services, and energy and resources, serving clients in transportation, community development, urban planning, and utilities. Its services include planning, design, surveying, environmental sciences, and project economics for public and private sector clients. The company generates revenue primarily through fee-based consulting contracts, with additional income from construction management and related professional services. Geographically, Stantec operates across Canada, the United States, and globally, with the United States representing its largest market by revenue. The company serves government agencies, municipalities, and private developers, and has expanded through acquisitions to build a broad international presence in the design and consulting industry.
89GF Score

Get the complete analysis for STN

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

$70.96
Price
$89.88
GF Value