CEWE Stiftung KGaA (STU:CWC) Scaled Net Operating Assets: 0.54 (As of Mar. 2026)


STU:CWC CEWE Stiftung & Co KGaA STU:CWC
76 GF Score
Price €91.60
GF Value €138.22
Valuation Significantly Undervalued
! 3 Warning Signs
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What is CEWE Stiftung KGaA Scaled Net Operating Assets?

CEWE Stiftung KGaA STU:CWC +0.44% 76 Scaled Net Operating Assets is 0.54 as of Mar. 2026. GuruFocus rates STU:CWC with a GF Score™ of 76/100 and a GF Value™ of €138.22 (Significantly Undervalued). The stock has 3 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.

CEWE Stiftung KGaA's operating assets for the quarter that ended in Mar. 2026 was €549.8 Mil. CEWE Stiftung KGaA's operating liabilities for the quarter that ended in Mar. 2026 was €147.2 Mil. CEWE Stiftung KGaA's Total Assets for the quarter that ended in Dec. 2025 was €740.5 Mil. Therefore, CEWE Stiftung KGaA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.54.

CEWE Stiftung KGaA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for CEWE Stiftung KGaA'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.

CEWE Stiftung KGaA Scaled Net Operating Assets Chart

CEWE Stiftung KGaA 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 0.49 0.57 0.50 0.48 0.48

CEWE Stiftung KGaA 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 0.50 0.61 0.65 0.57 0.54

STU:CWC vs ROL, SCI, HRB: Scaled Net Operating Assets Comparison

For the Personal Services subindustry, CEWE Stiftung KGaA'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.

CEWE Stiftung KGaA Scaled Net Operating Assets vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, CEWE Stiftung KGaA's Scaled Net Operating Assets distribution charts can be found below:

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


STU:CWC
76GF Score
CEWE Stiftung & Co KGaA STU:CWC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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CEWE Stiftung KGaA 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.

CEWE Stiftung KGaA'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 )
=(591.121-246.211)/716.85
=0.48

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=740.536 - 149.415
=591.121

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=287.346 - 31.715 - 9.42
=246.211

CEWE Stiftung KGaA'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 )
=(549.843-147.151)/740.536
=0.54

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=639.504 - 89.661
=549.843

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=186.62 - 30.173 - 9.296
=147.151

* 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 0.54 mean?
CEWE Stiftung KGaA (STU:CWC) has a Scaled Net Operating Assets of 0.54 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 CEWE Stiftung KGaA and its competitors.
Is CEWE Stiftung KGaA's Scaled Net Operating Assets too high?
CEWE Stiftung KGaA's current Scaled Net Operating Assets is 0.54. Overall, CEWE Stiftung KGaA has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CEWE Stiftung KGaA's Scaled Net Operating Assets compare to ROL and SCI?
CEWE Stiftung KGaA's Scaled Net Operating Assets of 0.54 can be compared against companies in the Personal Services 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 Personal Services company?
A good Scaled Net Operating Assets depends on the Personal Services 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 CEWE Stiftung KGaA and its competitors. CEWE Stiftung KGaA's current Scaled Net Operating Assets is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEWE Stiftung KGaA stock overvalued right now?
Based on GuruFocus' analysis, CEWE Stiftung KGaA (STU:CWC) is currently considered Significantly Undervalued. The stock's GF Value™ is €138.22, compared to a current price of €91.60 — trading 33.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.54. CEWE Stiftung KGaA's overall GF Score™ is 76/100 with 3 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 CEWE Stiftung KGaA (STU:CWC), the current Scaled Net Operating Assets is 0.54 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 CEWE Stiftung KGaA (STU:CWC) Overvalued in 2026?

Based on GuruFocus' analysis, CEWE Stiftung KGaA stock appears to be undervalued. The current stock price of €91.60 is trading 33.7% below its estimated GF Value™ of €138.22. GuruFocus considers CEWE Stiftung KGaA to be Significantly Undervalued.

Key valuation signals for STU:CWC:

  • Scaled Net Operating Assets: 0.54
  • GF Value™: €138.22 vs. price of €91.60 (33.7% below fair value)
  • GF Score™: 76/100 with 3 warning signs

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

CEWE Stiftung KGaA Business Description

Address Meerweg 30 - 32, Oldenburg, NI, DEU, 26133
CEWE Stiftung & Co KGaA is a German-based company which provides photo service, photo retail business, and commercial online printing. The company operates a business through three segments through photofinishing, retail, and commercial online printing. Its Photofinishing segment works on the printing of photos of analogue or digital origin. Retail unit trades photo hardware and photo products to end consumers using various brands such as Fotojoker, Fotolab and Japan Photo, among others. The Online Printing unit operates through online printing portals, such as www.cewe-print.de and others. The company derives it's majority of the revenue from photofinishing activity in Germany.
76GF Score

Get the complete analysis for STU:CWC

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

€91.60
Price
€138.22
GF Value