Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Arctic Paper's operating assets for the quarter that ended in Mar. 2026 was zł2,567 Mil. Arctic Paper's operating liabilities for the quarter that ended in Mar. 2026 was zł702 Mil. Arctic Paper's Total Assets for the quarter that ended in Dec. 2025 was zł2,676 Mil. Therefore, Arctic Paper's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.70.
Arctic Paper Scaled Net Operating Assets Related Terms
Arctic Paper Scaled Net Operating Assets Historical Data
* Premium members only.
The historical data trend for Arctic Paper'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.
WAR:ATC vs SLVM: Scaled Net Operating Assets Comparison
For the Paper & Paper Products subindustry, Arctic Paper'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.
Arctic Paper Scaled Net Operating Assets vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Arctic Paper's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Arctic Paper'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 0.70 mean?
Arctic Paper (WAR:ATC) has a Scaled Net Operating Assets of 0.70 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 Arctic Paper and its competitors.
Is Arctic Paper's Scaled Net Operating Assets too high?
Arctic Paper's current Scaled Net Operating Assets is 0.70. Overall, Arctic Paper has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Arctic Paper's Scaled Net Operating Assets compare to SLVM?
Arctic Paper's Scaled Net Operating Assets of 0.70 can be compared against companies in the Forest 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 a Forest Products company?
A good Scaled Net Operating Assets depends on the Forest 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 Arctic Paper and its competitors. Arctic Paper's current Scaled Net Operating Assets is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arctic Paper stock overvalued right now?
Based on GuruFocus' analysis, Arctic Paper (WAR:ATC) is currently considered Possible Value Trap. The stock's GF Value™ is zł14.28, compared to a current price of zł5.85 — trading 59% below its estimated fair value. The current Scaled Net Operating Assets is 0.70. Arctic Paper's overall GF Score™ is 57/100 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 Arctic Paper (WAR:ATC), the current Scaled Net Operating Assets is 0.70 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 Arctic Paper (WAR:ATC) Overvalued in 2026?
Based on GuruFocus' analysis, Arctic Paper stock appears to be undervalued.
The current stock price of zł5.85 is trading 59% below its estimated GF Value™ of zł14.28.
GuruFocus considers Arctic Paper to be Possible Value Trap.
Key valuation signals for WAR:ATC:
Scaled Net Operating Assets: 0.70
GF Value™: zł14.28 vs. price of zł5.85 (59% below fair value)
No single metric tells the full story. See the WAR:ATC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arctic Paper SA produces a volume of bulky book paper and produces high-quality graphic paper in Europe. The group produces numerous types of uncoated and coated wood-free paper as well as wood-containing uncoated paper for printing houses, paper distributors, book and magazine publishing houses, and the advertising industry. The company's segment includes Paper and Pulp. The firm derives maximum revenue from the Paper segment. The majority of revenue is generated from Uncoated segment. Geographically, the firm derives revenue from Germany, France, the UK, Scandinavia, Western Europe (other countries), Poland, Central and Eastern Europe (other than Poland), and Outside Europe.
57GF Score
Get the complete analysis for WAR:ATC
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WAR:ATC has been successfully added to your 
