Carpenter Technology (STU:XTY) Scaled Net Operating Assets: 0.71 (As of Mar. 2026)


STU:XTY Carpenter Technology Corp STU:XTY
65 GF Score
Price €506.40
GF Value €164.00
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Carpenter Technology Scaled Net Operating Assets?

Carpenter Technology STU:XTY -1.56% 65 Scaled Net Operating Assets is 0.71 as of Mar. 2026. GuruFocus rates STU:XTY with a GF Score™ of 65/100 and a GF Value™ of €164.00 (Significantly Overvalued). 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.

Carpenter Technology's operating assets for the quarter that ended in Mar. 2026 was €2,927 Mil. Carpenter Technology's operating liabilities for the quarter that ended in Mar. 2026 was €789 Mil. Carpenter Technology's Total Assets for the quarter that ended in Dec. 2025 was €2,993 Mil. Therefore, Carpenter Technology's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.71.


Carpenter Technology Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Carpenter Technology'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.

Carpenter Technology Scaled Net Operating Assets Chart

Carpenter Technology Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.72 0.68 0.70 0.65

Carpenter Technology 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 0.68 0.63 0.68 0.72 0.72

STU:XTY vs ATI, MLI, CMC: Scaled Net Operating Assets Comparison

For the Metal Fabrication subindustry, Carpenter Technology'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.


Carpenter Technology Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Carpenter Technology's Scaled Net Operating Assets distribution charts can be found below:

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


STU:XTY
65GF Score
Carpenter Technology Corp STU:XTY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Carpenter Technology 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.

Carpenter Technology's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(2749.518-777.179)/3057.989
=0.64

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3023.056 - 273.538
=2749.518

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1387.027 - 602.912 - 6.936
=777.179

Carpenter Technology'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 )
=(2927.419-789.053)/2992.672
=0.71

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3182.421 - 255.002
=2927.419

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1393.947 - 597.196 - 7.698
=789.053

* 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 0.71 mean?
Carpenter Technology (STU:XTY) has a Scaled Net Operating Assets of 0.71 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 Carpenter Technology and its competitors.
Is Carpenter Technology's Scaled Net Operating Assets too high?
Carpenter Technology's current Scaled Net Operating Assets is 0.71. Overall, Carpenter Technology has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carpenter Technology's Scaled Net Operating Assets compare to ATI and MLI?
Carpenter Technology's Scaled Net Operating Assets of 0.71 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 Carpenter Technology and its competitors. Carpenter Technology's current Scaled Net Operating Assets is 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carpenter Technology stock overvalued right now?
Based on GuruFocus' analysis, Carpenter Technology (STU:XTY) is currently considered Significantly Overvalued. The stock's GF Value™ is €164.00, compared to a current price of €506.40 — trading 208.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.71. Carpenter Technology's overall GF Score™ is 65/100 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 Carpenter Technology (STU:XTY), the current Scaled Net Operating Assets is 0.71 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 Carpenter Technology (STU:XTY) Overvalued in 2026?

Based on GuruFocus' analysis, Carpenter Technology stock appears to be overvalued. The current stock price of €506.40 is trading 208.8% above its estimated GF Value™ of €164.00. GuruFocus considers Carpenter Technology to be Significantly Overvalued.

Key valuation signals for STU:XTY:

  • Scaled Net Operating Assets: 0.71
  • GF Value™: €164.00 vs. price of €506.40 (208.8% above fair value)
  • GF Score™: 65/100 with 7 warning signs

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


Carpenter Technology Business Description

Other Exchanges CRS:USA
Address 1735 Market Street, 15th Floor, Philadelphia, PA, USA, 19103
Carpenter Technology Corp supplies specialty metals to a variety of end markets, including aerospace and defense, industrial machinery and consumer durables, medical, and energy, among others. The company's reportable segments include; Specialty Alloys Operations and Performance Engineered Products. It generates maximum revenue from the Specialty Alloys Operations segment. The SAO segment is comprised of the company's alloy and stainless steel manufacturing operations. This includes operations performed at mills predominantly in Reading and Latrobe, Pennsylvania, and surrounding areas as well as South Carolina and Alabama. Geographically, the company derives its maximum revenue from the United States and the rest from Europe, Asia Pacific, Mexico, Canada, and other regions.
65GF Score

Get the complete analysis for STU:XTY

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

€506.40
Price
€164.00
GF Value