Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
HELLA GmbH KGaA's operating assets for the quarter that ended in Mar. 2026 was CHF5,503 Mil. HELLA GmbH KGaA's operating liabilities for the quarter that ended in Mar. 2026 was CHF3,909 Mil. HELLA GmbH KGaA's Total Assets for the quarter that ended in Dec. 2025 was CHF6,836 Mil. Therefore, HELLA GmbH KGaA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.23.
HELLA GmbH KGaA Scaled Net Operating Assets Related Terms
HELLA GmbH KGaA Scaled Net Operating Assets Historical Data
* Premium members only.
The historical data trend for HELLA GmbH KGaA'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.
XSWX:HLE vs ORLY, AZO: Scaled Net Operating Assets Comparison
For the Auto Parts subindustry, HELLA GmbH KGaA'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.
HELLA GmbH KGaA Scaled Net Operating Assets vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, HELLA GmbH KGaA's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where HELLA GmbH KGaA'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 0.23 mean?
HELLA GmbH KGaA (XSWX:HLE) has a Scaled Net Operating Assets of 0.23 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 HELLA GmbH KGaA and its competitors.
Is HELLA GmbH KGaA's Scaled Net Operating Assets too high?
HELLA GmbH KGaA's current Scaled Net Operating Assets is 0.23. Overall, HELLA GmbH KGaA has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HELLA GmbH KGaA's Scaled Net Operating Assets compare to ORLY and AZO?
HELLA GmbH KGaA's Scaled Net Operating Assets of 0.23 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 HELLA GmbH KGaA and its competitors. HELLA GmbH KGaA's current Scaled Net Operating Assets is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HELLA GmbH KGaA stock overvalued right now?
Based on GuruFocus' analysis, HELLA GmbH KGaA (XSWX:HLE) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF73.40, compared to a current price of CHF65.70 — trading 10.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.23. HELLA GmbH KGaA's overall GF Score™ is 77/100 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 HELLA GmbH KGaA (XSWX:HLE), the current Scaled Net Operating Assets is 0.23 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 HELLA GmbH KGaA (XSWX:HLE) Overvalued in 2026?
Based on GuruFocus' analysis, HELLA GmbH KGaA stock appears to be undervalued.
The current stock price of CHF65.70 is trading 10.5% below its estimated GF Value™ of CHF73.40.
GuruFocus considers HELLA GmbH KGaA to be Modestly Undervalued.
Key valuation signals for XSWX:HLE:
Scaled Net Operating Assets: 0.23
GF Value™: CHF73.40 vs. price of CHF65.70 (10.5% below fair value)
No single metric tells the full story. See the XSWX:HLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HELLA GmbH & Co KGaA is a manufacturer of lighting and electronic components and systems for the automotive industry. The company also produces complete vehicle modules, air-conditioning systems, and vehicle electrical systems in its joint-venture companies, as well as products for specialist vehicles. Further, Hella operates a trade organisation for automotive parts, accessories, diagnosis, and services in Europe. The company is controlled through a pooled family majority shareholding in the group. The company has three reportable segments, which are Lighting, Electronics, and Lifecycle Solutions. The company generates the majority of its revenue from the Lighting segment.
77GF Score
Get the complete analysis for XSWX:HLE
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:HLE has been successfully added to your 
