Impol Seval a.d (XBEL:IMPL) Scaled Net Operating Assets: 0.59 (As of Dec. 2025)


XBEL:IMPL Impol Seval a.d XBEL:IMPL
86 GF Score
Price RSD5,050.00
GF Value RSD7,287.58
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Impol Seval a.d Scaled Net Operating Assets?

Impol Seval a.d XBEL:IMPL 86 Scaled Net Operating Assets is 0.59 as of Dec. 2025. GuruFocus rates XBEL:IMPL with a GF Score™ of 86/100 and a GF Value™ of RSD7,287.58 (Significantly Undervalued). 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.

Impol Seval a.d's operating assets for the quarter that ended in Dec. 2025 was RSD15,247 Mil. Impol Seval a.d's operating liabilities for the quarter that ended in Dec. 2025 was RSD5,574 Mil. Impol Seval a.d's Total Assets for the quarter that ended in Dec. 2024 was RSD16,274 Mil. Therefore, Impol Seval a.d's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.59.


Impol Seval a.d Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Impol Seval a.d'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.

Impol Seval a.d Scaled Net Operating Assets Chart

Impol Seval a.d 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 0.71 0.68 0.75 0.68 0.59

Impol Seval a.d Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 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 0.72 0.65 0.62 0.63 0.59

XBEL:IMPL vs AA, CENX, CSTM: Scaled Net Operating Assets Comparison

For the Aluminum subindustry, Impol Seval a.d'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.


Impol Seval a.d Scaled Net Operating Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Impol Seval a.d's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Impol Seval a.d's Scaled Net Operating Assets falls into.


XBEL:IMPL
86GF Score
Impol Seval a.d XBEL:IMPL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Impol Seval a.d 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.

Impol Seval a.d'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 )
=(15247.424-5573.695)/16273.853
=0.59

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15978.583 - 731.159
=15247.424

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8088.119 - 1126.885 - 1387.539
=5573.695

Impol Seval a.d'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: Dec. 2024 )
=(15247.424-5573.695)/16273.853
=0.59

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15978.583 - 731.159
=15247.424

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8088.119 - 1126.885 - 1387.539
=5573.695

* 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 0.59 mean?
Impol Seval a.d (XBEL:IMPL) has a Scaled Net Operating Assets of 0.59 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 Impol Seval a.d and its competitors.
Is Impol Seval a.d's Scaled Net Operating Assets too high?
Impol Seval a.d's current Scaled Net Operating Assets is 0.59. Overall, Impol Seval a.d has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Impol Seval a.d's Scaled Net Operating Assets compare to AA and CENX?
Impol Seval a.d's Scaled Net Operating Assets of 0.59 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining 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 Impol Seval a.d and its competitors. Impol Seval a.d's current Scaled Net Operating Assets is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impol Seval a.d stock overvalued right now?
Based on GuruFocus' analysis, Impol Seval a.d (XBEL:IMPL) is currently considered Significantly Undervalued. The stock's GF Value™ is RSD7,287.58, compared to a current price of RSD5,050.00 — trading 30.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.59. Impol Seval a.d's overall GF Score™ is 86/100 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 Impol Seval a.d (XBEL:IMPL), the current Scaled Net Operating Assets is 0.59 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 Impol Seval a.d (XBEL:IMPL) Overvalued in 2026?

Based on GuruFocus' analysis, Impol Seval a.d stock appears to be undervalued. The current stock price of RSD5,050.00 is trading 30.7% below its estimated GF Value™ of RSD7,287.58. GuruFocus considers Impol Seval a.d to be Significantly Undervalued.

Key valuation signals for XBEL:IMPL:

  • Scaled Net Operating Assets: 0.59
  • GF Value™: RSD7,287.58 vs. price of RSD5,050.00 (30.7% below fair value)
  • GF Score™: 86/100 with 7 warning signs

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


Impol Seval a.d Business Description

Address Prvomajska bb, Sevojno, SRB, 31205
Impol Seval a.d is engaged in the processing of aluminum. Its products include colored strips and sheets, painted taps, cold and hot rolled strips, hot rolled boards, sheets, and logs. The company products are used in the car, pharmaceutical, food, transport, interior design, electrical and construction industry. It exports its products to Germany, Italy, the USA, Hungary, the Netherlands, the countries of Latin America, France and Austria.
86GF Score

Get the complete analysis for XBEL:IMPL

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

RSD5,050.00
Price
RSD7,287.58
GF Value