Casella Waste Systems (STU:WA3) Scaled Net Operating Assets: 0.82 (As of Mar. 2026)


STU:WA3 Casella Waste Systems Inc STU:WA3
83 GF Score
Price €84.96
GF Value €108.35
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Casella Waste Systems Scaled Net Operating Assets?

Casella Waste Systems STU:WA3 +1.24% 83 Scaled Net Operating Assets is 0.82 as of Mar. 2026. GuruFocus rates STU:WA3 with a GF Score™ of 83/100 and a GF Value™ of €108.35 (Modestly Undervalued). The stock has 6 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.

Casella Waste Systems's operating assets for the quarter that ended in Mar. 2026 was €2,719 Mil. Casella Waste Systems's operating liabilities for the quarter that ended in Mar. 2026 was €403 Mil. Casella Waste Systems's Total Assets for the quarter that ended in Dec. 2025 was €2,821 Mil. Therefore, Casella Waste Systems's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.82.


Casella Waste Systems Scaled Net Operating Assets Historical Data

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The historical data trend for Casella Waste Systems'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.

Casella Waste Systems Scaled Net Operating Assets Chart

Casella Waste Systems 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 0.91 0.90 1.29 0.98 0.74

Casella Waste Systems 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 0.75 0.75 0.79 0.82 0.82

STU:WA3 vs ONT, NVRI, ABAT: Scaled Net Operating Assets Comparison

For the Waste Management subindustry, Casella Waste Systems'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.


Casella Waste Systems Scaled Net Operating Assets vs Waste Management Industry

For the Waste Management industry and Industrials sector, Casella Waste Systems's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Casella Waste Systems's Scaled Net Operating Assets falls into.


STU:WA3
83GF Score
Casella Waste Systems Inc STU:WA3
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Casella Waste Systems 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.

Casella Waste Systems'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 )
=(2715.338-423.148)/3084.715
=0.74

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2821.04 - 105.702
=2715.338

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1481.363 - 1026.03 - 32.185
=423.148

Casella Waste Systems'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 )
=(2719.167-402.549)/2821.04
=0.82

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2828.938 - 109.771
=2719.167

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1472.366 - 1038.394 - 31.423
=402.549

* 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 0.82 mean?
Casella Waste Systems (STU:WA3) has a Scaled Net Operating Assets of 0.82 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 Casella Waste Systems and its competitors.
Is Casella Waste Systems' Scaled Net Operating Assets too high?
Casella Waste Systems' current Scaled Net Operating Assets is 0.82. Overall, Casella Waste Systems has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Casella Waste Systems' Scaled Net Operating Assets compare to ONT and NVRI?
Casella Waste Systems' Scaled Net Operating Assets of 0.82 can be compared against companies in the Waste Management 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 Waste Management company?
A good Scaled Net Operating Assets depends on the Waste Management 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 Casella Waste Systems and its competitors. Casella Waste Systems's current Scaled Net Operating Assets is 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Casella Waste Systems stock overvalued right now?
Based on GuruFocus' analysis, Casella Waste Systems (STU:WA3) is currently considered Modestly Undervalued. The stock's GF Value™ is €108.35, compared to a current price of €84.96 — trading 21.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.82. Casella Waste Systems' overall GF Score™ is 83/100 with 6 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 Casella Waste Systems (STU:WA3), the current Scaled Net Operating Assets is 0.82 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 Casella Waste Systems (STU:WA3) Overvalued in 2026?

Based on GuruFocus' analysis, Casella Waste Systems stock appears to be undervalued. The current stock price of €84.96 is trading 21.6% below its estimated GF Value™ of €108.35. GuruFocus considers Casella Waste Systems to be Modestly Undervalued.

Key valuation signals for STU:WA3:

  • Scaled Net Operating Assets: 0.82
  • GF Value™: €108.35 vs. price of €84.96 (21.6% below fair value)
  • GF Score™: 83/100 with 6 warning signs

No single metric tells the full story. See the STU:WA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Casella Waste Systems Business Description

Other Exchanges CWST:USAWA3:Germany
Address 25 Greens Hill Lane, Rutland, VT, USA, 05701
Casella Waste Systems Inc is a solid waste removal company, providing resource management services to residential, commercial, municipal, and industrial customers. The company's reportable segments on Geographical basis include Eastern, Western and Mid-Atlantic regions through the Resource solution segment. It generates maximum revenue from the Western region segment. The company's services include Recycling, Collection, Organics, Energy, Landfills, Special Waste as well as Professional Services.
83GF 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.

€84.96
Price
€108.35
GF Value