L'Oreal (XSWX:OR) Scaled Net Operating Assets: 0.68 (As of Dec. 2025)


XSWX:OR L'Oreal SA XSWX:OR
99 GF Score
Price CHF328.25
GF Value CHF356.55
! 3 Warning Signs
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What is L'Oreal Scaled Net Operating Assets?

L'Oreal XSWX:OR 99 Scaled Net Operating Assets is 0.68 as of Dec. 2025. GuruFocus rates XSWX:OR with a GF Score™ of 99/100 and a GF Value™ of CHF356.55. The stock has 3 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.

L'Oreal's operating assets for the quarter that ended in Dec. 2025 was CHF48,482 Mil. L'Oreal's operating liabilities for the quarter that ended in Dec. 2025 was CHF13,905 Mil. L'Oreal's Total Assets for the quarter that ended in Jun. 2025 was CHF51,209 Mil. Therefore, L'Oreal's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.68.


L'Oreal Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for L'Oreal'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.

L'Oreal Scaled Net Operating Assets Chart

L'Oreal 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 0.60 0.67 0.68 0.72 0.66

L'Oreal 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 0.63 0.71 0.69 0.63 0.68

XSWX:OR vs PG, CL, KVUE: Scaled Net Operating Assets Comparison

For the Household & Personal Products subindustry, L'Oreal'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.


L'Oreal Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, L'Oreal's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where L'Oreal's Scaled Net Operating Assets falls into.


XSWX:OR
99GF Score
L'Oreal SA XSWX:OR
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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L'Oreal 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.

L'Oreal'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 )
=(48482.314-13905.066)/52612.242
=0.66

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=57687.722 - 9205.408
=48482.314

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=25024.34 - 8801.919 - 2317.355
=13905.066

L'Oreal'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 )
=(48482.314-13905.066)/51209.277
=0.68

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=57687.722 - 9205.408
=48482.314

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=25024.34 - 8801.919 - 2317.355
=13905.066

* 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 0.68 mean?
L'Oreal (XSWX:OR) has a Scaled Net Operating Assets of 0.68 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 L'Oreal and its competitors.
Is L'Oreal's Scaled Net Operating Assets too high?
L'Oreal's current Scaled Net Operating Assets is 0.68. Overall, L'Oreal has a GF Score™ of 99/100, reflecting its overall financial health beyond just this single metric.
How does L'Oreal's Scaled Net Operating Assets compare to PG and CL?
L'Oreal's Scaled Net Operating Assets of 0.68 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 L'Oreal and its competitors. L'Oreal's current Scaled Net Operating Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L'Oreal stock overvalued right now?
L'Oreal (XSWX:OR) has a current Scaled Net Operating Assets of 0.68. The stock's GF Value™ is CHF356.55, compared to a current price of CHF328.25 — trading 7.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.68. L'Oreal's overall GF Score™ is 99/100 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 L'Oreal (XSWX:OR), the current Scaled Net Operating Assets is 0.68 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 L'Oreal (XSWX:OR) Overvalued in 2026?

Based on GuruFocus' analysis, L'Oreal stock appears to be undervalued. The current stock price of CHF328.25 is trading 7.9% below its estimated GF Value™ of CHF356.55.

Key valuation signals for XSWX:OR:

  • Scaled Net Operating Assets: 0.68
  • GF Value™: CHF356.55 vs. price of CHF328.25 (7.9% below fair value)
  • GF Score™: 99/100 with 3 warning signs

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


L'Oreal Business Description

Address 41, Rue Martre, Clichy Cedex, Paris, FRA, 92117
L'Oréal is the largest beauty product maker in the world, with consumer products (37% of sales) and luxury beauty (35%) the major segments, followed by derma skin care (16%) and professional products (12%). The firm also has a diversified geographic footprint, generating 34% of sales in Europe, 27% from North America, 23% in North Asia, and the rest from various emerging markets across South Asia, Latin America, and Africa. L'Oréal owns a mix of premium and mass beauty brands sold through a wide range of channels such as mass retail, drugstores, department stores, travel retail, e-commerce, hair salons, and medi-spas. Leading brands include Lancôme, Yves Saint Laurent, Maybelline, Kiehl's, L'Oréal Paris, Kerastase, CeraVe, Garnier, and Armani.
99GF Score

Get the complete analysis for XSWX:OR

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

CHF328.25
Price
CHF356.55
GF Value