Echo Investment (WAR:ECH) Scaled Net Operating Assets: 0.62 (As of Mar. 2026)


WAR:ECH Echo Investment SA WAR:ECH
78 GF Score
Price zł4.94
GF Value zł7.84
Valuation Possible Value Trap
! 7 Warning Signs
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What is Echo Investment Scaled Net Operating Assets?

Echo Investment WAR:ECH -1.79% 78 Scaled Net Operating Assets is 0.62 as of Mar. 2026. GuruFocus rates WAR:ECH with a GF Score™ of 78/100 and a GF Value™ of zł7.84 (Possible Value Trap). The stock has 7 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.

Echo Investment's operating assets for the quarter that ended in Mar. 2026 was zł5,990 Mil. Echo Investment's operating liabilities for the quarter that ended in Mar. 2026 was zł1,928 Mil. Echo Investment's Total Assets for the quarter that ended in Dec. 2025 was zł6,577 Mil. Therefore, Echo Investment's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.62.

Echo Investment Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Echo Investment'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.

Echo Investment Scaled Net Operating Assets Chart

Echo Investment 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 0.78 0.55 0.67 0.82 0.65

Echo Investment 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 0.73 0.60 0.66 0.61 0.62

Echo Investment Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Diversified subindustry, Echo Investment'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.

Echo Investment Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Echo Investment's Scaled Net Operating Assets distribution charts can be found below:

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


WAR:ECH
78GF Score
Echo Investment SA WAR:ECH
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Echo Investment 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.

Echo Investment'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 )
=(6199.245-1833.202)/6772.886
=0.64

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6576.697 - 377.452
=6199.245

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4918.128 - 1987.383 - 1097.543
=1833.202

Echo Investment'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 )
=(5990.315-1928.485)/6576.697
=0.62

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6528.902 - 538.587
=5990.315

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4842.174 - 1816.478 - 1097.211
=1928.485

* 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?
Echo Investment (WAR:ECH) 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 Echo Investment and its competitors.
Is Echo Investment's Scaled Net Operating Assets too high?
Echo Investment's current Scaled Net Operating Assets is 0.62. Overall, Echo Investment has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Echo Investment's Scaled Net Operating Assets compare to competitors?
Echo Investment's Scaled Net Operating Assets of 0.62 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Echo Investment and its competitors. Echo Investment'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 Echo Investment stock overvalued right now?
Based on GuruFocus' analysis, Echo Investment (WAR:ECH) is currently considered Possible Value Trap. The stock's GF Value™ is zł7.84, compared to a current price of zł4.94 — trading 37% below its estimated fair value. The current Scaled Net Operating Assets is 0.62. Echo Investment's overall GF Score™ is 78/100 with 7 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 Echo Investment (WAR:ECH), 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 Echo Investment (WAR:ECH) Overvalued in 2026?

Based on GuruFocus' analysis, Echo Investment stock appears to be undervalued. The current stock price of zł4.94 is trading 37% below its estimated GF Value™ of zł7.84. GuruFocus considers Echo Investment to be Possible Value Trap.

Key valuation signals for WAR:ECH:

  • Scaled Net Operating Assets: 0.62
  • GF Value™: zł7.84 vs. price of zł4.94 (37% below fair value)
  • GF Score™: 78/100 with 7 warning signs

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

Echo Investment Business Description

Other Exchanges 4I3:Germany
Address Al. Jana Pawła II 22, Warsaw Office Q22 building, Warsaw, POL, 00-133
Echo Investment SA is a Polish development company that builds projects in the office, retail, and residential sectors. The company divides its revenue-generating businesses into four categories: residential, shopping centers, office buildings, and others. The residential segment handles the rental and sale of properties. In the other segment, accounting, leasing, and development services for external clients generate revenue. The residential and retail segments are responsible for generating the largest portions of revenue. A majority of the company's revenue is earned in Poland.
78GF Score

Get the complete analysis for WAR:ECH

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

zł4.94
Price
zł7.84
GF Value