Sika AG (XSWX:SIKA) Scaled Net Operating Assets: 0.74 (As of Dec. 2025)


XSWX:SIKA Sika AG XSWX:SIKA
84 GF Score
Price CHF167.60
GF Value CHF240.73
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Sika AG Scaled Net Operating Assets?

Sika AG XSWX:SIKA -0.24% 84 Scaled Net Operating Assets is 0.74 as of Dec. 2025. GuruFocus rates XSWX:SIKA with a GF Score™ of 84/100 and a GF Value™ of CHF240.73 (Significantly Undervalued). The stock has 4 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.

Sika AG's operating assets for the quarter that ended in Dec. 2025 was CHF14,341 Mil. Sika AG's operating liabilities for the quarter that ended in Dec. 2025 was CHF2,964 Mil. Sika AG's Total Assets for the quarter that ended in Jun. 2025 was CHF15,393 Mil. Therefore, Sika AG's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.74.

Sika AG Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Sika 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.

Sika AG Scaled Net Operating Assets Chart

Sika 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 0.70 0.65 0.98 0.80 0.71

Sika 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 0.68 0.81 0.75 0.74 0.74

XSWX:SIKA vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Sika 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.

Sika AG Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sika AG's Scaled Net Operating Assets distribution charts can be found below:

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


XSWX:SIKA
84GF Score
Sika AG XSWX:SIKA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Sika 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.

Sika 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 )
=(14340.7-2963.6)/15978.3
=0.71

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15148.3 - 807.6
=14340.7

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8481.6 - 4127 - 1391
=2963.6

Sika 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 )
=(14340.7-2963.6)/15393.3
=0.74

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15148.3 - 807.6
=14340.7

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8481.6 - 4127 - 1391
=2963.6

* 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 0.74 mean?
Sika AG (XSWX:SIKA) has a Scaled Net Operating Assets of 0.74 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 Sika AG and its competitors.
Is Sika AG's Scaled Net Operating Assets too high?
Sika AG's current Scaled Net Operating Assets is 0.74. Overall, Sika AG has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sika AG's Scaled Net Operating Assets compare to LIN and SHW?
Sika AG's Scaled Net Operating Assets of 0.74 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Sika AG and its competitors. Sika AG's current Scaled Net Operating Assets is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sika AG stock overvalued right now?
Based on GuruFocus' analysis, Sika AG (XSWX:SIKA) is currently considered Significantly Undervalued. The stock's GF Value™ is CHF240.73, compared to a current price of CHF167.60 — trading 30.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.74. Sika AG's overall GF Score™ is 84/100 with 4 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 Sika AG (XSWX:SIKA), the current Scaled Net Operating Assets is 0.74 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 Sika AG (XSWX:SIKA) Overvalued in 2026?

Based on GuruFocus' analysis, Sika AG stock appears to be undervalued. The current stock price of CHF167.60 is trading 30.4% below its estimated GF Value™ of CHF240.73. GuruFocus considers Sika AG to be Significantly Undervalued.

Key valuation signals for XSWX:SIKA:

  • Scaled Net Operating Assets: 0.74
  • GF Value™: CHF240.73 vs. price of CHF167.60 (30.4% below fair value)
  • GF Score™: 84/100 with 4 warning signs

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

Sika AG Business Description

Address Zugerstrasse 50, Baar, CHE, 6340
Established in 1910, Sika produces specialty chemicals primarily used by the construction sector (85% of sales). Its products are mainly used for bonding, sealing, reinforcing, and protecting in the construction and automotive industries. Approximately 70% of its products have a positive impact on sustainability for customers. Sika has a global manufacturing footprint of more than 400 factories spread across over 100 countries.
84GF Score

Get the complete analysis for XSWX:SIKA

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

CHF167.60
Price
CHF240.73
GF Value