ArcelorMittal South Africa (STU:ISC1) Scaled Net Operating Assets: 0.29 (As of Dec. 2025)


STU:ISC1 ArcelorMittal South Africa Ltd STU:ISC1
54 GF Score
Price €0.06
GF Value €0.06
! 7 Warning Signs
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What is ArcelorMittal South Africa Scaled Net Operating Assets?

ArcelorMittal South Africa STU:ISC1 +1.68% 54 Scaled Net Operating Assets is 0.29 as of Dec. 2025. GuruFocus rates STU:ISC1 with a GF Score™ of 54/100 and a GF Value™ of €0.06. The stock has 7 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.

ArcelorMittal South Africa's operating assets for the quarter that ended in Dec. 2025 was €992 Mil. ArcelorMittal South Africa's operating liabilities for the quarter that ended in Dec. 2025 was €612 Mil. ArcelorMittal South Africa's Total Assets for the quarter that ended in Jun. 2025 was €1,315 Mil. Therefore, ArcelorMittal South Africa's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.29.


ArcelorMittal South Africa Scaled Net Operating Assets Historical Data

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The historical data trend for ArcelorMittal South Africa'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.

ArcelorMittal South Africa Scaled Net Operating Assets Chart

ArcelorMittal South Africa 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 0.55 0.52 0.37 0.32 0.29

ArcelorMittal South Africa 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 0.37 0.41 0.32 0.26 0.29

STU:ISC1 vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, ArcelorMittal South Africa'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.


ArcelorMittal South Africa Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, ArcelorMittal South Africa's Scaled Net Operating Assets distribution charts can be found below:

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


STU:ISC1
54GF Score
ArcelorMittal South Africa Ltd STU:ISC1
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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ArcelorMittal South Africa 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.

ArcelorMittal South Africa'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 )
=(992.318-612.417)/1307.41
=0.29

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1071.819 - 79.501
=992.318

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1087.902 - 319.628 - 155.857
=612.417

ArcelorMittal South Africa'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 )
=(992.318-612.417)/1315.159
=0.29

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1071.819 - 79.501
=992.318

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1087.902 - 319.628 - 155.857
=612.417

* 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 0.29 mean?
ArcelorMittal South Africa (STU:ISC1) has a Scaled Net Operating Assets of 0.29 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 ArcelorMittal South Africa and its competitors.
Is ArcelorMittal South Africa's Scaled Net Operating Assets too high?
ArcelorMittal South Africa's current Scaled Net Operating Assets is 0.29. Overall, ArcelorMittal South Africa has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does ArcelorMittal South Africa's Scaled Net Operating Assets compare to NUE and STLD?
ArcelorMittal South Africa's Scaled Net Operating Assets of 0.29 can be compared against companies in the Steel 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 Steel company?
A good Scaled Net Operating Assets depends on the Steel 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 ArcelorMittal South Africa and its competitors. ArcelorMittal South Africa's current Scaled Net Operating Assets is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ArcelorMittal South Africa stock overvalued right now?
ArcelorMittal South Africa (STU:ISC1) has a current Scaled Net Operating Assets of 0.29. The stock's GF Value™ is €0.06, compared to a current price of €0.06 — trading 0.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.29. ArcelorMittal South Africa's overall GF Score™ is 54/100 with 7 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 ArcelorMittal South Africa (STU:ISC1), the current Scaled Net Operating Assets is 0.29 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 ArcelorMittal South Africa (STU:ISC1) Overvalued in 2026?

Based on GuruFocus' analysis, ArcelorMittal South Africa stock appears to be overvalued. The current stock price of €0.06 is trading 0.8% above its estimated GF Value™ of €0.06.

Key valuation signals for STU:ISC1:

  • Scaled Net Operating Assets: 0.29
  • GF Value™: €0.06 vs. price of €0.06 (0.8% above fair value)
  • GF Score™: 54/100 with 7 warning signs

No single metric tells the full story. See the STU:ISC1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ArcelorMittal South Africa Business Description

Other Exchanges ACL:South Africa
Address Delfos Boulevard, Main Building, Vanderbijlpark Works, Vanderbijlpark, GT, ZAF, 1911
ArcelorMittal South Africa Ltd is a South Africa-based steel-producing company. The company's operating segments include Steel operations; Non-steel operations; Corporate and others. It generates the majority of total revenue from the Steel Operations segment that consist of Vanderbijlpark plant, Newcastle plant, Vereeniging plant and ArcelorMittal Rail and Structures. The product range consists of hot-rolled coil, plate, coiled rounds, flats, reinforced bars, rounds, billets and channels, and commercial coke among others. The group operates mainly in South Africa. Export sales are mostly sold in sub-Saharan Africa, Asia, Europe, and America.
54GF 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.

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