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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Tennant Co's operating assets for the quarter that ended in Mar. 2026 was €1,033 Mil. Tennant Co's operating liabilities for the quarter that ended in Mar. 2026 was €304 Mil. Tennant Co's Total Assets for the quarter that ended in Dec. 2025 was €1,084 Mil. Therefore, Tennant Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.67.
Tennant Co Scaled Net Operating Assets Related Terms
Tennant Co Scaled Net Operating Assets Historical Data
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The historical data trend for Tennant Co'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.
STU:TN1 vs GHM, EPAC, AMSC: Scaled Net Operating Assets Comparison
For the Specialty Industrial Machinery subindustry, Tennant Co'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.
Tennant Co Scaled Net Operating Assets vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tennant Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Tennant Co's Scaled Net Operating Assets falls into.
* 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 0.67 mean?
Tennant Co (STU:TN1) has a Scaled Net Operating Assets of 0.67 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 Tennant Co and its competitors.
Is Tennant Co's Scaled Net Operating Assets too high?
Tennant Co's current Scaled Net Operating Assets is 0.67. Overall, Tennant Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tennant Co's Scaled Net Operating Assets compare to GHM and EPAC?
Tennant Co's Scaled Net Operating Assets of 0.67 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 Tennant Co and its competitors. Tennant Co's current Scaled Net Operating Assets is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tennant Co stock overvalued right now?
Based on GuruFocus' analysis, Tennant Co (STU:TN1) is currently considered Fairly Valued. The stock's GF Value™ is €75.93, compared to a current price of €77.05 — trading 1.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.67. Tennant Co's overall GF Score™ is 66/100 with 10 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 Tennant Co (STU:TN1), the current Scaled Net Operating Assets is 0.67 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 Tennant Co (STU:TN1) Overvalued in 2026?
Based on GuruFocus' analysis, Tennant Co stock appears to be overvalued.
The current stock price of €77.05 is trading 1.5% above its estimated GF Value™ of €75.93.
GuruFocus considers Tennant Co to be Fairly Valued.
Key valuation signals for STU:TN1:
Scaled Net Operating Assets: 0.67
GF Value™: €75.93 vs. price of €77.05 (1.5% above fair value)
No single metric tells the full story. See the STU:TN1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tennant Co is engaged in designing, manufacturing and marketing solutions that empower customers to achieve quality cleaning performance, reduce environmental impact and help create a cleaner, safer, healthier world. The Company is committed to creating and commercializing breakthrough, sustainable cleaning innovations to enhance its broad suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, and asset management solutions. Its products are used in many types of environments, including retail establishments, distribution centers, factories and warehouses, public venues such as arenas and stadiums, office buildings, schools, and more.
66GF 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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