Balticon (WAR:BLT) Scaled Net Operating Assets: 0.40 (As of Mar. 2026)

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WAR:BLT Balticon SA WAR:BLT
68 GF Score
Price zł19.80
GF Value zł21.23
Valuation Fairly Valued
! 6 Warning Signs
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What is Balticon Scaled Net Operating Assets?

Balticon WAR:BLT 68 Scaled Net Operating Assets is 0.40 as of Mar. 2026. GuruFocus rates WAR:BLT with a GF Score™ of 68/100 and a GF Value™ of zł21.23 (Fairly Valued). The stock has 6 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.

Balticon's operating assets for the quarter that ended in Mar. 2026 was zł175.5 Mil. Balticon's operating liabilities for the quarter that ended in Mar. 2026 was zł106.8 Mil. Balticon's Total Assets for the quarter that ended in Dec. 2025 was zł170.9 Mil. Therefore, Balticon's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.40.


Balticon Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Balticon'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.

Balticon Scaled Net Operating Assets Chart

Balticon 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 0.51 0.45 0.42 0.45 0.42

Balticon 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 0.40 0.40 0.42 0.40 0.40

WAR:BLT vs UPS, FDX, JBHT: Scaled Net Operating Assets Comparison

For the Integrated Freight & Logistics subindustry, Balticon'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.


Balticon Scaled Net Operating Assets vs Transportation Industry

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

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


WAR:BLT
68GF Score
Balticon SA WAR:BLT
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Balticon 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.

Balticon'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 )
=(167.078-101.181)/157.352
=0.42

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=170.918 - 3.84
=167.078

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=101.181 - 0 - 0
=101.181

Balticon'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 )
=(175.496-106.773)/170.918
=0.40

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=179.195 - 3.699
=175.496

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=106.773 - 0 - 0
=106.773

* 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 0.40 mean?
Balticon (WAR:BLT) has a Scaled Net Operating Assets of 0.40 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 Balticon and its competitors.
Is Balticon's Scaled Net Operating Assets too high?
Balticon's current Scaled Net Operating Assets is 0.40. Overall, Balticon has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Balticon's Scaled Net Operating Assets compare to UPS and FDX?
Balticon's Scaled Net Operating Assets of 0.40 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 Balticon and its competitors. Balticon's current Scaled Net Operating Assets is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balticon stock overvalued right now?
Based on GuruFocus' analysis, Balticon (WAR:BLT) is currently considered Fairly Valued. The stock's GF Value™ is zł21.23, compared to a current price of zł19.80 — trading 6.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.40. Balticon's overall GF Score™ is 68/100 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 Balticon (WAR:BLT), the current Scaled Net Operating Assets is 0.40 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 Balticon (WAR:BLT) Overvalued in 2026?

Based on GuruFocus' analysis, Balticon stock appears to be undervalued. The current stock price of zł19.80 is trading 6.7% below its estimated GF Value™ of zł21.23. GuruFocus considers Balticon to be Fairly Valued.

Key valuation signals for WAR:BLT:

  • Scaled Net Operating Assets: 0.40
  • GF Value™: zł21.23 vs. price of zł19.80 (6.7% below fair value)
  • GF Score™: 68/100 with 6 warning signs

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


Balticon Business Description

Address ul. Professor Andruszkiewicza 5, Gdansk, POL, 80-601
Balticon SA supports container traffic handling for international sea owners and trade forwarders. The company offers a variety of shipping containers, modern refrigerator containers, transports of containers by roads and railways between seaports and senders / recipients of the goods and depot services in all Polish ports.
68GF Score

Get the complete analysis for WAR:BLT

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

zł19.80
Price
zł21.23
GF Value