Asseco South Eastern Europe (WAR:ASE) Scaled Net Operating Assets: 0.51 (As of Mar. 2026)


WAR:ASE Asseco South Eastern Europe SA WAR:ASE
86 GF Score
Price zł59.90
GF Value zł58.90
Valuation Fairly Valued
! 3 Warning Signs
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What is Asseco South Eastern Europe Scaled Net Operating Assets?

Asseco South Eastern Europe WAR:ASE +0.17% 86 Scaled Net Operating Assets is 0.51 as of Mar. 2026. GuruFocus rates WAR:ASE with a GF Score™ of 86/100 and a GF Value™ of zł58.90 (Fairly Valued). 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.

Asseco South Eastern Europe's operating assets for the quarter that ended in Mar. 2026 was zł1,942 Mil. Asseco South Eastern Europe's operating liabilities for the quarter that ended in Mar. 2026 was zł797 Mil. Asseco South Eastern Europe's Total Assets for the quarter that ended in Dec. 2025 was zł2,257 Mil. Therefore, Asseco South Eastern Europe's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.51.


Asseco South Eastern Europe Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Asseco South Eastern Europe'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.

Asseco South Eastern Europe Scaled Net Operating Assets Chart

Asseco South Eastern Europe 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 0.64 0.64 0.52 0.49 0.49

Asseco South Eastern Europe 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 0.44 0.42 0.51 0.52 0.51

WAR:ASE vs CRM, SHOP, UBER: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Asseco South Eastern Europe'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.


Asseco South Eastern Europe Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Asseco South Eastern Europe's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Asseco South Eastern Europe's Scaled Net Operating Assets falls into.


WAR:ASE
86GF Score
Asseco South Eastern Europe SA WAR:ASE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Asseco South Eastern Europe 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.

Asseco South Eastern Europe'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 )
=(1944.027-805.319)/2317.295
=0.49

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2256.624 - 312.597
=1944.027

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1026.019 - 132.835 - 87.865
=805.319

Asseco South Eastern Europe'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 )
=(1942.179-796.539)/2256.624
=0.51

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2294.688 - 352.509
=1942.179

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1003.134 - 133.42 - 73.175
=796.539

* 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 0.51 mean?
Asseco South Eastern Europe (WAR:ASE) has a Scaled Net Operating Assets of 0.51 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 Asseco South Eastern Europe and its competitors.
Is Asseco South Eastern Europe's Scaled Net Operating Assets too high?
Asseco South Eastern Europe's current Scaled Net Operating Assets is 0.51. Overall, Asseco South Eastern Europe has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asseco South Eastern Europe's Scaled Net Operating Assets compare to CRM and SHOP?
Asseco South Eastern Europe's Scaled Net Operating Assets of 0.51 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Asseco South Eastern Europe and its competitors. Asseco South Eastern Europe's current Scaled Net Operating Assets is 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asseco South Eastern Europe stock overvalued right now?
Based on GuruFocus' analysis, Asseco South Eastern Europe (WAR:ASE) is currently considered Fairly Valued. The stock's GF Value™ is zł58.90, compared to a current price of zł59.90 — trading 1.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.51. Asseco South Eastern Europe's overall GF Score™ is 86/100 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 Asseco South Eastern Europe (WAR:ASE), the current Scaled Net Operating Assets is 0.51 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 Asseco South Eastern Europe (WAR:ASE) Overvalued in 2026?

Based on GuruFocus' analysis, Asseco South Eastern Europe stock appears to be overvalued. The current stock price of zł59.90 is trading 1.7% above its estimated GF Value™ of zł58.90. GuruFocus considers Asseco South Eastern Europe to be Fairly Valued.

Key valuation signals for WAR:ASE:

  • Scaled Net Operating Assets: 0.51
  • GF Value™: zł58.90 vs. price of zł59.90 (1.7% above fair value)
  • GF Score™: 86/100 with 3 warning signs

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


Asseco South Eastern Europe Business Description

Address ul. Branickiego 13, Warszawa, POL, 02-972
Asseco South Eastern Europe SA along with its subsidiaries provides implementation, integration and outsourcing services. It conducts business operations in the markets of Poland, South Eastern Europe, and Turkey. Its business is divided into three operating segments. Banking Solutions segment deals with integrated banking systems based on the Oracle and Microsoft platforms, including primarily core banking systems. Payment Solutions is engaged in the sale and maintenance of ATMs and POS terminals (point of sale) as well as in the provision of related support services. Systems Integration segment is engaged in the development of customized IT systems, integration of third-party software and elements of infrastructure, as well as in the sale and installation of hardware solutions.
86GF Score

Get the complete analysis for WAR:ASE

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

zł59.90
Price
zł58.90
GF Value