Patentus (WAR:PAT) Scaled Net Operating Assets: 0.60 (As of Sep. 2025)


WAR:PAT Patentus SA WAR:PAT
83 GF Score
Price zł2.68
GF Value zł2.57
Valuation Fairly Valued
! 2 Warning Signs
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What is Patentus Scaled Net Operating Assets?

Patentus WAR:PAT -0.74% 83 Scaled Net Operating Assets is 0.60 as of Sep. 2025. GuruFocus rates WAR:PAT with a GF Score™ of 83/100 and a GF Value™ of zł2.57 (Fairly Valued). The stock has 2 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.

Patentus's operating assets for the quarter that ended in Sep. 2025 was zł149.3 Mil. Patentus's operating liabilities for the quarter that ended in Sep. 2025 was zł22.9 Mil. Patentus's Total Assets for the quarter that ended in Jun. 2025 was zł210.6 Mil. Therefore, Patentus's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2025 was 0.60.


Patentus Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Patentus'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.

Patentus Scaled Net Operating Assets Chart

Patentus Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.76 0.79 0.87 0.45

Patentus Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.49 0.60 0.62 0.53 0.60

WAR:PAT vs GEV, ETN, PH: Scaled Net Operating Assets Comparison

For the Specialty Industrial Machinery subindustry, Patentus'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.


Patentus Scaled Net Operating Assets vs Industrial Products Industry

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

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


WAR:PAT
83GF Score
Patentus SA WAR:PAT
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Patentus 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.

Patentus's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(149.353-32.196)/260.651
=0.45

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=201.734 - 52.381
=149.353

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=38.404 - 3.467 - 2.741
=32.196

Patentus's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2025 )
=(Operating Assets (Q: Sep. 2025 )-Operating Liabilities (Q: Sep. 2025 ))/Total Assets (Q: Jun. 2025 )
=(149.341-22.932)/210.562
=0.60

where

Operating Assets(Q: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=194.691 - 45.35
=149.341

Operating Liabilities(Q: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=27.068 - 1.881 - 2.255
=22.932

* 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?
Patentus (WAR:PAT) has a Scaled Net Operating Assets of 0.60 as of Sep. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Patentus and its competitors.
Is Patentus' Scaled Net Operating Assets too high?
Patentus' current Scaled Net Operating Assets is 0.60. Overall, Patentus has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Patentus' Scaled Net Operating Assets compare to GEV and ETN?
Patentus' Scaled Net Operating Assets of 0.60 can be compared against companies in the Industrial 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 an Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial 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 Patentus and its competitors. Patentus'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 Patentus stock overvalued right now?
Based on GuruFocus' analysis, Patentus (WAR:PAT) is currently considered Fairly Valued. The stock's GF Value™ is zł2.57, compared to a current price of zł2.68 — trading 4.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.60. Patentus' overall GF Score™ is 83/100 with 2 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 Patentus (WAR:PAT), the current Scaled Net Operating Assets is 0.60 as of Sep. 2025. 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 Patentus (WAR:PAT) Overvalued in 2026?

Based on GuruFocus' analysis, Patentus stock appears to be overvalued. The current stock price of zł2.68 is trading 4.3% above its estimated GF Value™ of zł2.57. GuruFocus considers Patentus to be Fairly Valued.

Key valuation signals for WAR:PAT:

  • Scaled Net Operating Assets: 0.60
  • GF Value™: zł2.57 vs. price of zł2.68 (4.3% above fair value)
  • GF Score™: 83/100 with 2 warning signs

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


Patentus Business Description

Address Gornoslaska Street 11, Pszczyna, POL, 43-200
Patentus SA is engaged in the manufacturing of mining, quarrying, and construction machinery in Poland. The company manufactures and sells conveyors, coal crushers, haulage platforms, working drift platforms, draught lyre coolers, welded steel constructions, and welding equipment, among others. Additionally, it operates in the field of installation, repair, and maintenance of mining, quarrying, and construction machinery, as well as in the wholesale of steel products, welding products, and packaging. The company has two operating segments: the first operating segment is related to the production of machinery and equipment, and the provision of services to the mining industry. The second operating segment includes the wholesale of goods and materials.
83GF Score

Get the complete analysis for WAR:PAT

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

zł2.68
Price
zł2.57
GF Value