Deutsche Telekom AG (XSWX:DTE) Scaled Net Operating Assets: 0.75 (As of Mar. 2026)


XSWX:DTE Deutsche Telekom AG XSWX:DTE
79 GF Score
Price CHF25.12
GF Value CHF26.91
Valuation Fairly Valued
! 2 Warning Signs
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What is Deutsche Telekom AG Scaled Net Operating Assets?

Deutsche Telekom AG XSWX:DTE 79 Scaled Net Operating Assets is 0.75 as of Mar. 2026. GuruFocus rates XSWX:DTE with a GF Score™ of 79/100 and a GF Value™ of CHF26.91 (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.

Deutsche Telekom AG's operating assets for the quarter that ended in Mar. 2026 was CHF255,211 Mil. Deutsche Telekom AG's operating liabilities for the quarter that ended in Mar. 2026 was CHF53,430 Mil. Deutsche Telekom AG's Total Assets for the quarter that ended in Dec. 2025 was CHF270,395 Mil. Therefore, Deutsche Telekom AG's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.75.


Deutsche Telekom AG Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Deutsche Telekom AG'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.

Deutsche Telekom AG Scaled Net Operating Assets Chart

Deutsche Telekom AG 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 0.78 0.76 0.71 0.80 0.74

Deutsche Telekom AG 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 0.75 0.68 0.78 0.78 0.75

XSWX:DTE vs TMUS, VZ, T: Scaled Net Operating Assets Comparison

For the Telecom Services subindustry, Deutsche Telekom AG'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.


Deutsche Telekom AG Scaled Net Operating Assets vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Deutsche Telekom AG's Scaled Net Operating Assets distribution charts can be found below:

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


XSWX:DTE
79GF Score
Deutsche Telekom AG XSWX:DTE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Deutsche Telekom AG 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.

Deutsche Telekom AG'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 )
=(263427.705-53258.861)/284690.214
=0.74

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=270394.515 - 6966.81
=263427.705

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=184329.315 - 118207.144 - 12863.31
=53258.861

Deutsche Telekom AG'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 )
=(255210.804-53429.909)/270394.515
=0.75

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=267135.896 - 11925.092
=255210.804

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=183374.457 - 118554.638 - 11389.91
=53429.909

* 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 0.75 mean?
Deutsche Telekom AG (XSWX:DTE) has a Scaled Net Operating Assets of 0.75 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 Deutsche Telekom AG and its competitors.
Is Deutsche Telekom AG's Scaled Net Operating Assets too high?
Deutsche Telekom AG's current Scaled Net Operating Assets is 0.75. Overall, Deutsche Telekom AG has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Deutsche Telekom AG's Scaled Net Operating Assets compare to TMUS and VZ?
Deutsche Telekom AG's Scaled Net Operating Assets of 0.75 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Scaled Net Operating Assets depends on the Telecommunication Services 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 Deutsche Telekom AG and its competitors. Deutsche Telekom AG's current Scaled Net Operating Assets is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Telekom AG stock overvalued right now?
Based on GuruFocus' analysis, Deutsche Telekom AG (XSWX:DTE) is currently considered Fairly Valued. The stock's GF Value™ is CHF26.91, compared to a current price of CHF25.12 — trading 6.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.75. Deutsche Telekom AG's overall GF Score™ is 79/100 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 Deutsche Telekom AG (XSWX:DTE), the current Scaled Net Operating Assets is 0.75 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 Deutsche Telekom AG (XSWX:DTE) Overvalued in 2026?

Based on GuruFocus' analysis, Deutsche Telekom AG stock appears to be undervalued. The current stock price of CHF25.12 is trading 6.7% below its estimated GF Value™ of CHF26.91. GuruFocus considers Deutsche Telekom AG to be Fairly Valued.

Key valuation signals for XSWX:DTE:

  • Scaled Net Operating Assets: 0.75
  • GF Value™: CHF26.91 vs. price of CHF25.12 (6.7% below fair value)
  • GF Score™: 79/100 with 2 warning signs

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


Deutsche Telekom AG Business Description

Address Friedrich-Ebert-Allee 140, Bonn, DEU, 53113
Deutsche Telekom is Germany's incumbent telecom operator and remains the dominant player in mobile and fixed markets. It also owns a controlling stake in T-Mobile US—one of three primary wireless carriers in the United States—which merged with Sprint in 2020, consolidating the market from four to three operators. Aside from its two core markets, Deutsche Telekom operates in several Central European countries and holds an IT arm (Systems Solutions).
79GF Score

Get the complete analysis for XSWX:DTE

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

CHF25.12
Price
CHF26.91
GF Value