Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Ballard Power Systems's operating assets for the quarter that ended in Mar. 2026 was CHF111.98 Mil. Ballard Power Systems's operating liabilities for the quarter that ended in Mar. 2026 was CHF50.56 Mil. Ballard Power Systems's Total Assets for the quarter that ended in Dec. 2025 was CHF543.80 Mil. Therefore, Ballard Power Systems's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.11.
Ballard Power Systems Scaled Net Operating Assets Related Terms
Ballard Power Systems Scaled Net Operating Assets Historical Data
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The historical data trend for Ballard Power Systems'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.
Ballard Power Systems Scaled Net Operating Assets Chart
XSWX:BLDP vs VRT, BE: Scaled Net Operating Assets Comparison
For the Electrical Equipment & Parts subindustry, Ballard Power Systems'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.
Ballard Power Systems Scaled Net Operating Assets vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ballard Power Systems's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Ballard Power Systems's Scaled Net Operating Assets falls into.
* 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 0.11 mean?
Ballard Power Systems (XSWX:BLDP) has a Scaled Net Operating Assets of 0.11 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 Ballard Power Systems and its competitors.
Is Ballard Power Systems' Scaled Net Operating Assets too high?
Ballard Power Systems' current Scaled Net Operating Assets is 0.11. Overall, Ballard Power Systems has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Ballard Power Systems' Scaled Net Operating Assets compare to VRT and BE?
Ballard Power Systems' Scaled Net Operating Assets of 0.11 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 Ballard Power Systems and its competitors. Ballard Power Systems's current Scaled Net Operating Assets is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ballard Power Systems stock overvalued right now?
Ballard Power Systems (XSWX:BLDP) has a current Scaled Net Operating Assets of 0.11. The stock's GF Value™ is CHF2.44, compared to a current price of CHF3.12 — trading 27.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.11. Ballard Power Systems' overall GF Score™ is 69/100 with 3 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 Ballard Power Systems (XSWX:BLDP), the current Scaled Net Operating Assets is 0.11 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 Ballard Power Systems (XSWX:BLDP) Overvalued in 2026?
Based on GuruFocus' analysis, Ballard Power Systems stock appears to be overvalued.
The current stock price of CHF3.12 is trading 27.9% above its estimated GF Value™ of CHF2.44.
Key valuation signals for XSWX:BLDP:
Scaled Net Operating Assets: 0.11
GF Value™: CHF2.44 vs. price of CHF3.12 (27.9% above fair value)
No single metric tells the full story. See the XSWX:BLDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ballard Power Systems Inc is engaged in design, development, manufacture, sale and service of proton exchange membrane ("PEM") fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after sales services and training. A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. Key geographical revenue is derived from United States followed by Poland, Canada, and other countries.
69GF Score
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