Atkinsrealis Group (TSX:ATRL) Scaled Net Operating Assets: 0.43 (As of Mar. 2026)


TSX:ATRL Atkinsrealis Group Inc TSX:ATRL
89 GF Score
Price C$86.79
GF Value C$85.79
Valuation Fairly Valued
! 2 Warning Signs
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What is Atkinsrealis Group Scaled Net Operating Assets?

Atkinsrealis Group TSX:ATRL -4.06% 89 Scaled Net Operating Assets is 0.43 as of Mar. 2026. GuruFocus rates TSX:ATRL with a GF Score™ of 89/100 and a GF Value™ of C$85.79 (Fairly Valued). The stock has 2 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.

Atkinsrealis Group's operating assets for the quarter that ended in Mar. 2026 was C$11,169 Mil. Atkinsrealis Group's operating liabilities for the quarter that ended in Mar. 2026 was C$5,760 Mil. Atkinsrealis Group's Total Assets for the quarter that ended in Dec. 2025 was C$12,525 Mil. Therefore, Atkinsrealis Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.43.

Atkinsrealis Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Atkinsrealis Group'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.

Atkinsrealis Group Scaled Net Operating Assets Chart

Atkinsrealis Group 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 0.43 0.48 0.54 0.50 0.50

Atkinsrealis Group 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 0.46 0.46 0.45 0.45 0.43

TSX:ATRL vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, Atkinsrealis Group'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.

Atkinsrealis Group Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Atkinsrealis Group's Scaled Net Operating Assets distribution charts can be found below:

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


TSX:ATRL
89GF Score
Atkinsrealis Group Inc TSX:ATRL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Atkinsrealis Group 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.

Atkinsrealis Group'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 )
=(11257.142-5648.271)/11287.334
=0.50

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12525.371 - 1268.229
=11257.142

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6956.349 - 873.113 - 434.965
=5648.271

Atkinsrealis Group'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 )
=(11169.433-5759.654)/12525.371
=0.43

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12576.221 - 1406.788
=11169.433

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7098.648 - 894.055 - 444.939
=5759.654

* 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 0.43 mean?
Atkinsrealis Group (TSX:ATRL) has a Scaled Net Operating Assets of 0.43 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 Atkinsrealis Group and its competitors.
Is Atkinsrealis Group's Scaled Net Operating Assets too high?
Atkinsrealis Group's current Scaled Net Operating Assets is 0.43. Overall, Atkinsrealis Group has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Atkinsrealis Group's Scaled Net Operating Assets compare to PWR and FIX?
Atkinsrealis Group's Scaled Net Operating Assets of 0.43 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Atkinsrealis Group and its competitors. Atkinsrealis Group's current Scaled Net Operating Assets is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atkinsrealis Group stock overvalued right now?
Based on GuruFocus' analysis, Atkinsrealis Group (TSX:ATRL) is currently considered Fairly Valued. The stock's GF Value™ is C$85.79, compared to a current price of C$86.79 — trading 1.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.43. Atkinsrealis Group's overall GF Score™ is 89/100 with 2 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 Atkinsrealis Group (TSX:ATRL), the current Scaled Net Operating Assets is 0.43 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 Atkinsrealis Group (TSX:ATRL) Overvalued in 2026?

Based on GuruFocus' analysis, Atkinsrealis Group stock appears to be overvalued. The current stock price of C$86.79 is trading 1.2% above its estimated GF Value™ of C$85.79. GuruFocus considers Atkinsrealis Group to be Fairly Valued.

Key valuation signals for TSX:ATRL:

  • Scaled Net Operating Assets: 0.43
  • GF Value™: C$85.79 vs. price of C$86.79 (1.2% above fair value)
  • GF Score™: 89/100 with 2 warning signs

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

Atkinsrealis Group Business Description

Other Exchanges SNCAF:USALAV0:Germany
Address 455 Boulevard Rene-Levesque Ouest, Montreal, QC, CAN, H2Z 1Z3
Based in Montreal, AtkinsRéalis is a fully integrated professional services and project management firm that offers a wide range of services, including financing, consulting, engineering and construction, procurement, and operations and maintenance. The firm serves clients in the infrastructure, nuclear, and engineering design and project management industries. Additionally, it owns infrastructure projects through its capital segment. AtkinsRéalis generated approximately CAD 11 billion in sales in 2025.
89GF Score

Get the complete analysis for TSX:ATRL

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

C$86.79
Price
C$85.79
GF Value