KebNi AB (STU:KEN) Scaled Net Operating Assets: 0.49 (As of Mar. 2026)


STU:KEN KebNi AB STU:KEN
69 GF Score
Price €0.07
GF Value €0.15
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is KebNi AB Scaled Net Operating Assets?

KebNi AB STU:KEN +0.13% 69 Scaled Net Operating Assets is 0.49 as of Mar. 2026. GuruFocus rates STU:KEN with a GF Score™ of 69/100 and a GF Value™ of €0.15 (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.

KebNi AB's operating assets for the quarter that ended in Mar. 2026 was €7.79 Mil. KebNi AB's operating liabilities for the quarter that ended in Mar. 2026 was €2.95 Mil. KebNi AB's Total Assets for the quarter that ended in Dec. 2025 was €9.91 Mil. Therefore, KebNi AB's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.49.


KebNi AB Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for KebNi AB'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.

KebNi AB Scaled Net Operating Assets Chart

KebNi AB 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 0.69 0.33 0.59 0.50 0.54

KebNi AB 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 0.58 0.53 0.54 0.45 0.49

STU:KEN vs SPCX, GE, RTX: Scaled Net Operating Assets Comparison

For the Aerospace & Defense subindustry, KebNi AB'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.


KebNi AB Scaled Net Operating Assets vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, KebNi AB's Scaled Net Operating Assets distribution charts can be found below:

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


STU:KEN
69GF Score
KebNi AB STU:KEN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KebNi AB 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.

KebNi AB'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 )
=(8.347-3.427)/9.16
=0.54

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9.91 - 1.563
=8.347

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.427 - 0 - 0
=3.427

KebNi AB'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 )
=(7.79-2.952)/9.91
=0.49

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8.663 - 0.873
=7.79

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.952 - 0 - 0
=2.952

* 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 0.49 mean?
KebNi AB (STU:KEN) has a Scaled Net Operating Assets of 0.49 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 KebNi AB and its competitors.
Is KebNi AB's Scaled Net Operating Assets too high?
KebNi AB's current Scaled Net Operating Assets is 0.49. Overall, KebNi AB has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does KebNi AB's Scaled Net Operating Assets compare to SPCX and GE?
KebNi AB's Scaled Net Operating Assets of 0.49 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Scaled Net Operating Assets depends on the Aerospace & Defense 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 KebNi AB and its competitors. KebNi AB's current Scaled Net Operating Assets is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KebNi AB stock overvalued right now?
Based on GuruFocus' analysis, KebNi AB (STU:KEN) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.15, compared to a current price of €0.07 — trading 50.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.49. KebNi AB's overall GF Score™ is 69/100 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 KebNi AB (STU:KEN), the current Scaled Net Operating Assets is 0.49 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 KebNi AB (STU:KEN) Overvalued in 2026?

Based on GuruFocus' analysis, KebNi AB stock appears to be undervalued. The current stock price of €0.07 is trading 50.3% below its estimated GF Value™ of €0.15. GuruFocus considers KebNi AB to be Significantly Undervalued.

Key valuation signals for STU:KEN:

  • Scaled Net Operating Assets: 0.49
  • GF Value™: €0.15 vs. price of €0.07 (50.3% below fair value)
  • GF Score™: 69/100 with 3 warning signs

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


KebNi AB Business Description

Other Exchanges KEBNI B:SwedenKEN:Germany
Address Vagogatan 6, Kista, SWE, 6164 40
KebNi AB is a supplier of reliable technology, products and solutions for safety, positioning and stabilization. The company develops, produces and offers products and applications for stabilization, navigation and satcom. Kebni targets governmental, military and commercial sectors. Its product includes Inertial Sensing and Satcom. It operates in Sweden, Europe and Asia.
69GF Score

Get the complete analysis for STU:KEN

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

€0.07
Price
€0.15
GF Value