Exacompta - Clairefontaine (STU:8KG) Scaled Net Operating Assets: 0.56 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:8KG Exacompta - Clairefontaine SA STU:8KG
87 GF Score
Price €158.00
GF Value €139.44
! 4 Warning Signs
View Full Analysis

What is Exacompta - Clairefontaine Scaled Net Operating Assets?

Exacompta - Clairefontaine STU:8KG 87 Scaled Net Operating Assets is 0.56 as of Dec. 2025. GuruFocus rates STU:8KG with a GF Score™ of 87/100 and a GF Value™ of €139.44. The stock has 4 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.

Exacompta - Clairefontaine's operating assets for the quarter that ended in Dec. 2025 was €732.5 Mil. Exacompta - Clairefontaine's operating liabilities for the quarter that ended in Dec. 2025 was €185.4 Mil. Exacompta - Clairefontaine's Total Assets for the quarter that ended in Jun. 2025 was €971.1 Mil. Therefore, Exacompta - Clairefontaine's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.56.


Exacompta - Clairefontaine Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Exacompta - Clairefontaine'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.

Exacompta - Clairefontaine Scaled Net Operating Assets Chart

Exacompta - Clairefontaine 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 0.58 0.64 0.61 0.59 0.58

Exacompta - Clairefontaine Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.58 0.67 0.58 0.66 0.56

Exacompta - Clairefontaine Scaled Net Operating Assets Competitor Comparison

For the Business Equipment & Supplies subindustry, Exacompta - Clairefontaine'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.


Exacompta - Clairefontaine Scaled Net Operating Assets vs Industrial Products Industry

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

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


STU:8KG
87GF Score
Exacompta - Clairefontaine SA STU:8KG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Exacompta - Clairefontaine 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.

Exacompta - Clairefontaine'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 )
=(732.54-185.352)/951.516
=0.58

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=917.49 - 184.95
=732.54

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=367.686 - 142.096 - 40.238
=185.352

Exacompta - Clairefontaine'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: Jun. 2025 )
=(732.54-185.352)/971.088
=0.56

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=917.49 - 184.95
=732.54

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=367.686 - 142.096 - 40.238
=185.352

* 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 0.56 mean?
Exacompta - Clairefontaine (STU:8KG) has a Scaled Net Operating Assets of 0.56 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 Exacompta - Clairefontaine and its competitors.
Is Exacompta - Clairefontaine's Scaled Net Operating Assets too high?
Exacompta - Clairefontaine's current Scaled Net Operating Assets is 0.56. Overall, Exacompta - Clairefontaine has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Exacompta - Clairefontaine's Scaled Net Operating Assets compare to competitors?
Exacompta - Clairefontaine's Scaled Net Operating Assets of 0.56 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 Exacompta - Clairefontaine and its competitors. Exacompta - Clairefontaine's current Scaled Net Operating Assets is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exacompta - Clairefontaine stock overvalued right now?
Exacompta - Clairefontaine (STU:8KG) has a current Scaled Net Operating Assets of 0.56. The stock's GF Value™ is €139.44, compared to a current price of €158.00 — trading 13.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.56. Exacompta - Clairefontaine's overall GF Score™ is 87/100 with 4 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 Exacompta - Clairefontaine (STU:8KG), the current Scaled Net Operating Assets is 0.56 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 Exacompta - Clairefontaine (STU:8KG) Overvalued in 2026?

Based on GuruFocus' analysis, Exacompta - Clairefontaine stock appears to be overvalued. The current stock price of €158.00 is trading 13.3% above its estimated GF Value™ of €139.44.

Key valuation signals for STU:8KG:

  • Scaled Net Operating Assets: 0.56
  • GF Value™: €139.44 vs. price of €158.00 (13.3% above fair value)
  • GF Score™: 87/100 with 4 warning signs

No single metric tells the full story. See the STU:8KG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Exacompta - Clairefontaine Business Description

Other Exchanges ALEXA:France
Address 19, rue de l’Abbaye, Etival-Clairefontaine, Etival Clairefontaine, FRA, 88480
Exacompta - Clairefontaine SA is a France-based manufacturer of paper products, stationery, and office supplies. The group's operating segments are Paper and Processing. The paper segment includes the production, finishing, and formatting of the paper. The processing segment includes the manufacture of stationery, office and filing items, and digital photos. The company's primary brand names include Exacompta and Clairefontaine. The Exacompta brand offers a portfolio of record books, notebooks, copy pads, record cards, computer paper, pocket diaries, and filing products, whereas exercise books, school paper, envelopes, and copier paper are marketed under the Clairefontaine brand and manufactured by the Papeteries de Clairefontaine subsidiary.
87GF Score

Get the complete analysis for STU:8KG

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

€158.00
Price
€139.44
GF Value