Makarony Polskie (WAR:MAK) Scaled Net Operating Assets: 0.60 (As of Mar. 2026)


WAR:MAK Makarony Polskie SA WAR:MAK
93 GF Score
Price zł24.70
GF Value zł19.17
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Makarony Polskie Scaled Net Operating Assets?

Makarony Polskie WAR:MAK +1.44% 93 Scaled Net Operating Assets is 0.60 as of Mar. 2026. GuruFocus rates WAR:MAK with a GF Score™ of 93/100 and a GF Value™ of zł19.17 (Modestly Overvalued). 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.

Makarony Polskie's operating assets for the quarter that ended in Mar. 2026 was zł210.5 Mil. Makarony Polskie's operating liabilities for the quarter that ended in Mar. 2026 was zł59.2 Mil. Makarony Polskie's Total Assets for the quarter that ended in Dec. 2025 was zł250.5 Mil. Therefore, Makarony Polskie's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.60.


Makarony Polskie Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Makarony Polskie'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.

Makarony Polskie Scaled Net Operating Assets Chart

Makarony Polskie 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 0.65 0.71 0.58 0.58 0.65

Makarony Polskie 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 0.58 0.55 0.59 0.66 0.60

WAR:MAK vs KHC, GIS: Scaled Net Operating Assets Comparison

For the Packaged Foods subindustry, Makarony Polskie'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.


Makarony Polskie Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Makarony Polskie's Scaled Net Operating Assets distribution charts can be found below:

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


WAR:MAK
93GF Score
Makarony Polskie SA WAR:MAK
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Makarony Polskie 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.

Makarony Polskie'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 )
=(216.939-53.001)/253.839
=0.65

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=250.459 - 33.52
=216.939

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=65.194 - 8.162 - 4.031
=53.001

Makarony Polskie'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 )
=(210.51-59.234)/250.459
=0.60

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=261.719 - 51.209
=210.51

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=70.254 - 7.253 - 3.767
=59.234

* 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 0.60 mean?
Makarony Polskie (WAR:MAK) has a Scaled Net Operating Assets of 0.60 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 Makarony Polskie and its competitors.
Is Makarony Polskie's Scaled Net Operating Assets too high?
Makarony Polskie's current Scaled Net Operating Assets is 0.60. Overall, Makarony Polskie has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Makarony Polskie's Scaled Net Operating Assets compare to KHC and GIS?
Makarony Polskie's Scaled Net Operating Assets of 0.60 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 Makarony Polskie and its competitors. Makarony Polskie's current Scaled Net Operating Assets is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makarony Polskie stock overvalued right now?
Based on GuruFocus' analysis, Makarony Polskie (WAR:MAK) is currently considered Modestly Overvalued. The stock's GF Value™ is zł19.17, compared to a current price of zł24.70 — trading 28.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.60. Makarony Polskie's overall GF Score™ is 93/100 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 Makarony Polskie (WAR:MAK), the current Scaled Net Operating Assets is 0.60 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 Makarony Polskie (WAR:MAK) Overvalued in 2026?

Based on GuruFocus' analysis, Makarony Polskie stock appears to be overvalued. The current stock price of zł24.70 is trading 28.8% above its estimated GF Value™ of zł19.17. GuruFocus considers Makarony Polskie to be Modestly Overvalued.

Key valuation signals for WAR:MAK:

  • Scaled Net Operating Assets: 0.60
  • GF Value™: zł19.17 vs. price of zł24.70 (28.8% above fair value)
  • GF Score™: 93/100 with 6 warning signs

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


Makarony Polskie Business Description

Address Ulica Podkarpacka 15a, Rzeszow, POL, 35-082
Makarony Polskie SA is a Poland-based company involved in manufacturing pasta products in stamped and rolled technology. The company's segments include Pasta, Meat and vegetable preserves, Vegetable and fruit preserves, and others. It generates maximum revenue from the Pasta segment. Some of its products include spirals, elbows, farfalle, threads, shells, spaghetti, ribbons, waves, and others.
93GF Score

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

zł24.70
Price
zł19.17
GF Value