STRABAG SE (WBO:STR) Scaled Net Operating Assets: 0.14 (As of Dec. 2025)


WBO:STR STRABAG SE WBO:STR
73 GF Score
Price €89.10
GF Value €40.19
Valuation Significantly Overvalued
! 4 Warning Signs
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What is STRABAG SE Scaled Net Operating Assets?

STRABAG SE WBO:STR -1.76% 73 Scaled Net Operating Assets is 0.14 as of Dec. 2025. GuruFocus rates WBO:STR with a GF Score™ of 73/100 and a GF Value™ of €40.19 (Significantly Overvalued). The stock has 4 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.

STRABAG SE's operating assets for the quarter that ended in Dec. 2025 was €11,443 Mil. STRABAG SE's operating liabilities for the quarter that ended in Dec. 2025 was €9,333 Mil. STRABAG SE's Total Assets for the quarter that ended in Jun. 2025 was €14,876 Mil. Therefore, STRABAG SE's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.14.


STRABAG SE Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for STRABAG SE'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.

STRABAG SE Scaled Net Operating Assets Chart

STRABAG SE 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 0.18 0.18 0.14 0.16 0.14

STRABAG SE Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.14 0.18 0.16 0.16 0.14

WBO:STR vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, STRABAG SE'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.


STRABAG SE Scaled Net Operating Assets vs Construction Industry

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

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


WBO:STR
73GF Score
STRABAG SE WBO:STR
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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STRABAG SE 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.

STRABAG SE'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 )
=(11442.727-9333.053)/14674.58
=0.14

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15845.94 - 4403.213
=11442.727

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10161.924 - 597.832 - 231.039
=9333.053

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

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(11442.727-9333.053)/14875.676
=0.14

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15845.94 - 4403.213
=11442.727

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10161.924 - 597.832 - 231.039
=9333.053

* 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 0.14 mean?
STRABAG SE (WBO:STR) has a Scaled Net Operating Assets of 0.14 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on STRABAG SE and its competitors.
Is STRABAG SE's Scaled Net Operating Assets too high?
STRABAG SE's current Scaled Net Operating Assets is 0.14. Overall, STRABAG SE has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does STRABAG SE's Scaled Net Operating Assets compare to PWR and FIX?
STRABAG SE's Scaled Net Operating Assets of 0.14 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 STRABAG SE and its competitors. STRABAG SE's current Scaled Net Operating Assets is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is STRABAG SE stock overvalued right now?
Based on GuruFocus' analysis, STRABAG SE (WBO:STR) is currently considered Significantly Overvalued. The stock's GF Value™ is €40.19, compared to a current price of €89.10 — trading 121.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.14. STRABAG SE's overall GF Score™ is 73/100 with 4 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 STRABAG SE (WBO:STR), the current Scaled Net Operating Assets is 0.14 as of Dec. 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 STRABAG SE (WBO:STR) Overvalued in 2026?

Based on GuruFocus' analysis, STRABAG SE stock appears to be overvalued. The current stock price of €89.10 is trading 121.7% above its estimated GF Value™ of €40.19. GuruFocus considers STRABAG SE to be Significantly Overvalued.

Key valuation signals for WBO:STR:

  • Scaled Net Operating Assets: 0.14
  • GF Value™: €40.19 vs. price of €89.10 (121.7% above fair value)
  • GF Score™: 73/100 with 4 warning signs

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


STRABAG SE Business Description

Address Triglavstrasse 9, Villach, AUT, 9500
STRABAG SE is a European-based technology group for construction services, a leader in innovation and financial strength. Its activities span all areas of the construction industry and cover the entire construction value chain. It has four operating segments: North and West; South and East; International and Special divisions; and Other. It builds large transportation infrastructure, plants, commercial and industrial facilities, and other large structures related to industrial development. The company generates revenue in Germany, Austria, the Rest of Europe, and the Rest of world of which majority of revenue comes from Germany.
73GF 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.

€89.10
Price
€40.19
GF Value