Mikron Holding AG (XSWX:MIKN) Scaled Net Operating Assets: 0.35 (As of Dec. 2025)


XSWX:MIKN Mikron Holding AG XSWX:MIKN
69 GF Score
Price CHF16.25
GF Value CHF16.39
Valuation Fairly Valued
! 2 Warning Signs
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What is Mikron Holding AG Scaled Net Operating Assets?

Mikron Holding AG XSWX:MIKN -0.31% 69 Scaled Net Operating Assets is 0.35 as of Dec. 2025. GuruFocus rates XSWX:MIKN with a GF Score™ of 69/100 and a GF Value™ of CHF16.39 (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.

Mikron Holding AG's operating assets for the quarter that ended in Dec. 2025 was CHF279.1 Mil. Mikron Holding AG's operating liabilities for the quarter that ended in Dec. 2025 was CHF140.4 Mil. Mikron Holding AG's Total Assets for the quarter that ended in Jun. 2025 was CHF391.7 Mil. Therefore, Mikron Holding AG's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.35.


Mikron Holding AG Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Mikron Holding 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.

Mikron Holding AG Scaled Net Operating Assets Chart

Mikron Holding 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 0.43 0.43 0.36 0.26 0.35

Mikron Holding AG 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 0.32 0.32 0.26 0.31 0.35

XSWX:MIKN vs GEV, ETN, PH: Scaled Net Operating Assets Comparison

For the Specialty Industrial Machinery subindustry, Mikron Holding 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.


Mikron Holding AG Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mikron Holding AG's Scaled Net Operating Assets distribution charts can be found below:

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


XSWX:MIKN
69GF Score
Mikron Holding AG XSWX:MIKN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Mikron Holding 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.

Mikron Holding 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 )
=(279.051-140.419)/399.99
=0.35

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=379.112 - 100.061
=279.051

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=142.477 - 1.6 - 0.458
=140.419

Mikron Holding AG'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 )
=(279.051-140.419)/391.688
=0.35

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=379.112 - 100.061
=279.051

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=142.477 - 1.6 - 0.458
=140.419

* 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 0.35 mean?
Mikron Holding AG (XSWX:MIKN) has a Scaled Net Operating Assets of 0.35 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 Mikron Holding AG and its competitors.
Is Mikron Holding AG's Scaled Net Operating Assets too high?
Mikron Holding AG's current Scaled Net Operating Assets is 0.35. Overall, Mikron Holding AG has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mikron Holding AG's Scaled Net Operating Assets compare to GEV and ETN?
Mikron Holding AG's Scaled Net Operating Assets of 0.35 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 Mikron Holding AG and its competitors. Mikron Holding AG's current Scaled Net Operating Assets is 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mikron Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Mikron Holding AG (XSWX:MIKN) is currently considered Fairly Valued. The stock's GF Value™ is CHF16.39, compared to a current price of CHF16.25 — trading 0.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.35. Mikron Holding AG's overall GF Score™ is 69/100 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 Mikron Holding AG (XSWX:MIKN), the current Scaled Net Operating Assets is 0.35 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 Mikron Holding AG (XSWX:MIKN) Overvalued in 2026?

Based on GuruFocus' analysis, Mikron Holding AG stock appears to be undervalued. The current stock price of CHF16.25 is trading 0.9% below its estimated GF Value™ of CHF16.39. GuruFocus considers Mikron Holding AG to be Fairly Valued.

Key valuation signals for XSWX:MIKN:

  • Scaled Net Operating Assets: 0.35
  • GF Value™: CHF16.39 vs. price of CHF16.25 (0.9% below fair value)
  • GF Score™: 69/100 with 2 warning signs

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


Mikron Holding AG Business Description

Other Exchanges MIKNz:UK0QQF:UKMH4N:Germany
Address Route du Vignoble 17, Boudry, CHE, CH-2017
Mikron Holding AG develops and markets automation solutions, machining systems, and cutting tools that are precise, productive, and adaptable. It operates in two segments, Mikron Automation the partner for scalable and customized assembly systems-from the first idea to the highest performance solutions; and Mikron Machining Solutions segment comprises the two divisions Mikron Machining the supplier of customized, productive machining systems for the manufacturing of complex high-precision components made of metal such as turbocharger housings, injection nozzles and ballpoint pen tips, and The Mikron Tool division develops and produces the therefore necessary high-performance cutting tools.
69GF Score

Get the complete analysis for XSWX:MIKN

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

CHF16.25
Price
CHF16.39
GF Value