Binary Helix (WAR:BHX) Scaled Net Operating Assets: 0.62 (As of Mar. 2026)


WAR:BHX Binary Helix SA WAR:BHX
42 GF Score
Price zł3.58
GF Value zł1.72
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Binary Helix Scaled Net Operating Assets?

Binary Helix WAR:BHX +2.29% 42 Scaled Net Operating Assets is 0.62 as of Mar. 2026. GuruFocus rates WAR:BHX with a GF Score™ of 42/100 and a GF Value™ of zł1.72 (Significantly Overvalued). The stock has 5 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.

Binary Helix's operating assets for the quarter that ended in Mar. 2026 was zł3.61 Mil. Binary Helix's operating liabilities for the quarter that ended in Mar. 2026 was zł0.67 Mil. Binary Helix's Total Assets for the quarter that ended in Dec. 2025 was zł4.71 Mil. Therefore, Binary Helix's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.62.


Binary Helix Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Binary Helix'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.

Binary Helix Scaled Net Operating Assets Chart

Binary Helix 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 0.26 0.47 0.50 0.45 1.09

Binary Helix 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 0.54 0.48 0.60 0.51 0.62

WAR:BHX vs COHR, KEYS, GRMN: Scaled Net Operating Assets Comparison

For the Scientific & Technical Instruments subindustry, Binary Helix'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.


Binary Helix Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Binary Helix's Scaled Net Operating Assets distribution charts can be found below:

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


WAR:BHX
42GF Score
Binary Helix SA WAR:BHX
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Binary Helix 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.

Binary Helix'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 )
=(3.533-0.538)/2.743
=1.09

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4.713 - 1.18
=3.533

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.538 - 0 - 0
=0.538

Binary Helix'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 )
=(3.609-0.671)/4.713
=0.62

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4.526 - 0.917
=3.609

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.671 - 0 - 0
=0.671

* 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 0.62 mean?
Binary Helix (WAR:BHX) has a Scaled Net Operating Assets of 0.62 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 Binary Helix and its competitors.
Is Binary Helix's Scaled Net Operating Assets too high?
Binary Helix's current Scaled Net Operating Assets is 0.62. Overall, Binary Helix has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Binary Helix's Scaled Net Operating Assets compare to COHR and KEYS?
Binary Helix's Scaled Net Operating Assets of 0.62 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 Binary Helix and its competitors. Binary Helix's current Scaled Net Operating Assets is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Binary Helix stock overvalued right now?
Based on GuruFocus' analysis, Binary Helix (WAR:BHX) is currently considered Significantly Overvalued. The stock's GF Value™ is zł1.72, compared to a current price of zł3.58 — trading 108.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.62. Binary Helix's overall GF Score™ is 42/100 with 5 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 Binary Helix (WAR:BHX), the current Scaled Net Operating Assets is 0.62 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 Binary Helix (WAR:BHX) Overvalued in 2026?

Based on GuruFocus' analysis, Binary Helix stock appears to be overvalued. The current stock price of zł3.58 is trading 108.1% above its estimated GF Value™ of zł1.72. GuruFocus considers Binary Helix to be Significantly Overvalued.

Key valuation signals for WAR:BHX:

  • Scaled Net Operating Assets: 0.62
  • GF Value™: zł1.72 vs. price of zł3.58 (108.1% above fair value)
  • GF Score™: 42/100 with 5 warning signs

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


Binary Helix Business Description

Address Zygmunta Krasinskiego 29/9, Katowice, POL, 40-019
Binary Helix SA is engaged in designing and manufacturing high-technology products. The company designs, produces, and implements telemetry solutions, monitoring buildings, vehicles, and control systems known as Intelligent House. Its products include MediaCommunicator Basic+, MediaCommunicator Advance, Power Reducer, Sky Guardian, Rotoss Basic, Sky Track, and Roll Screen.
42GF Score

Get the complete analysis for WAR:BHX

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

zł3.58
Price
zł1.72
GF Value