S4E (WAR:S4E) Scaled Net Operating Assets: -0.10 (As of Mar. 2026)


WAR:S4E S4E SA WAR:S4E
80 GF Score
Price zł50.00
GF Value zł43.97
Valuation Modestly Overvalued
! 6 Warning Signs
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What is S4E Scaled Net Operating Assets?

S4E WAR:S4E -9.09% 80 Scaled Net Operating Assets is -0.10 as of Mar. 2026. GuruFocus rates WAR:S4E with a GF Score™ of 80/100 and a GF Value™ of zł43.97 (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.

S4E's operating assets for the quarter that ended in Mar. 2026 was zł206.9 Mil. S4E's operating liabilities for the quarter that ended in Mar. 2026 was zł240.6 Mil. S4E's Total Assets for the quarter that ended in Dec. 2025 was zł350.5 Mil. Therefore, S4E's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.10.


S4E Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for S4E'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.

S4E Scaled Net Operating Assets Chart

S4E 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 -0.12 0.02 -0.08 -0.10 -0.14

S4E 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 -0.10 -0.01 -0.11 -0.18 -0.10

WAR:S4E vs SNX, ARW, AVT: Scaled Net Operating Assets Comparison

For the Electronics & Computer Distribution subindustry, S4E'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.


S4E Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, S4E's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where S4E's Scaled Net Operating Assets falls into.


WAR:S4E
80GF Score
S4E SA WAR:S4E
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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S4E 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.

S4E'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 )
=(266.346-311.09)/321.211
=-0.14

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=350.539 - 84.193
=266.346

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=312.904 - 0.98 - 0.834
=311.09

S4E'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 )
=(206.894-240.555)/350.539
=-0.10

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=282.649 - 75.755
=206.894

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=242.17 - 0.81 - 0.805
=240.555

* 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 -0.10 mean?
S4E (WAR:S4E) has a Scaled Net Operating Assets of -0.10 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 S4E and its competitors.
Is S4E's Scaled Net Operating Assets too high?
S4E's current Scaled Net Operating Assets is -0.10. Overall, S4E has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does S4E's Scaled Net Operating Assets compare to SNX and ARW?
S4E's Scaled Net Operating Assets of -0.10 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 S4E and its competitors. S4E's current Scaled Net Operating Assets is -0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S4E stock overvalued right now?
Based on GuruFocus' analysis, S4E (WAR:S4E) is currently considered Modestly Overvalued. The stock's GF Value™ is zł43.97, compared to a current price of zł50.00 — trading 13.7% above its estimated fair value. The current Scaled Net Operating Assets is -0.10. S4E's overall GF Score™ is 80/100 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 S4E (WAR:S4E), the current Scaled Net Operating Assets is -0.10 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 S4E (WAR:S4E) Overvalued in 2026?

Based on GuruFocus' analysis, S4E stock appears to be overvalued. The current stock price of zł50.00 is trading 13.7% above its estimated GF Value™ of zł43.97. GuruFocus considers S4E to be Modestly Overvalued.

Key valuation signals for WAR:S4E:

  • Scaled Net Operating Assets: -0.10
  • GF Value™: zł43.97 vs. price of zł50.00 (13.7% above fair value)
  • GF Score™: 80/100 with 6 warning signs

No single metric tells the full story. See the WAR:S4E stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


S4E Business Description

Address ul. Inflancka 4B, Warsaw, POL, 00-189
S4E SA is a distributor of IT solutions with added value VAD in the area of secure data storage and networking. The company directs its offer to trading partners profile VAR and system integrators. The company offers storage solutions for the collection, storage, preservation, and archiving of data in a digital form, and professional services, including designing, organizing, and conducting the trainings, as well as pre-sales, implementation, after-sales care, and maintenance services.
80GF 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.

zł50.00
Price
zł43.97
GF Value