ISS AS (XTER:QJQ) Scaled Net Operating Assets: 0.46 (As of Dec. 2025)


XTER:QJQ ISS AS XTER:QJQ
49 GF Score
Price €35.74
GF Value €22.91
Valuation Significantly Overvalued
! 4 Warning Signs
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What is ISS AS Scaled Net Operating Assets?

ISS AS XTER:QJQ +1.36% 49 Scaled Net Operating Assets is 0.46 as of Dec. 2025. GuruFocus rates XTER:QJQ with a GF Score™ of 49/100 and a GF Value™ of €22.91 (Significantly Overvalued). 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.

ISS AS's operating assets for the quarter that ended in Dec. 2025 was €5,856 Mil. ISS AS's operating liabilities for the quarter that ended in Dec. 2025 was €2,676 Mil. ISS AS's Total Assets for the quarter that ended in Jun. 2025 was €6,848 Mil. Therefore, ISS AS's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.46.


ISS AS Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for ISS AS'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.

ISS AS Scaled Net Operating Assets Chart

ISS AS 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 0.49 0.51 0.45 0.49 0.47

ISS AS 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 0.47 0.51 0.47 0.49 0.46

XTER:QJQ vs CTAS, CPRT, GPN: Scaled Net Operating Assets Comparison

For the Specialty Business Services subindustry, ISS AS'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.


ISS AS Scaled Net Operating Assets vs Business Services Industry

For the Business Services industry and Industrials sector, ISS AS's Scaled Net Operating Assets distribution charts can be found below:

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


XTER:QJQ
49GF Score
ISS AS XTER:QJQ
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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ISS AS 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.

ISS AS'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 )
=(5855.919-2675.645)/6790.435
=0.47

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6105.489 - 249.57
=5855.919

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4694.295 - 1307.028 - 711.622
=2675.645

ISS AS'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 )
=(5855.919-2675.645)/6847.531
=0.46

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6105.489 - 249.57
=5855.919

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4694.295 - 1307.028 - 711.622
=2675.645

* 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 0.46 mean?
ISS AS (XTER:QJQ) has a Scaled Net Operating Assets of 0.46 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 ISS AS and its competitors.
Is ISS AS's Scaled Net Operating Assets too high?
ISS AS's current Scaled Net Operating Assets is 0.46. Overall, ISS AS has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ISS AS's Scaled Net Operating Assets compare to CTAS and CPRT?
ISS AS's Scaled Net Operating Assets of 0.46 can be compared against companies in the Business 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 Business Services company?
A good Scaled Net Operating Assets depends on the Business 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 ISS AS and its competitors. ISS AS's current Scaled Net Operating Assets is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ISS AS stock overvalued right now?
Based on GuruFocus' analysis, ISS AS (XTER:QJQ) is currently considered Significantly Overvalued. The stock's GF Value™ is €22.91, compared to a current price of €35.74 — trading 56% above its estimated fair value. The current Scaled Net Operating Assets is 0.46. ISS AS's overall GF Score™ is 49/100 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 ISS AS (XTER:QJQ), the current Scaled Net Operating Assets is 0.46 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 ISS AS (XTER:QJQ) Overvalued in 2026?

Based on GuruFocus' analysis, ISS AS stock appears to be overvalued. The current stock price of €35.74 is trading 56% above its estimated GF Value™ of €22.91. GuruFocus considers ISS AS to be Significantly Overvalued.

Key valuation signals for XTER:QJQ:

  • Scaled Net Operating Assets: 0.46
  • GF Value™: €22.91 vs. price of €35.74 (56% above fair value)
  • GF Score™: 49/100 with 4 warning signs

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


ISS AS Business Description

Address Buddingevej 197, Soborg, DNK, DK-2860
ISS AS is a provider of workplace and facility service solutions with a focus on cleaning, property, catering, support, security, and facility management. It has four segments: Financial services, Professional services, Technology, and Life sciences. Its core services offered to customers consist of cleaning, food, technical, and workplace services. Revenue is mainly generated in European end markets, with the majority earned in the United Kingdom.
49GF Score

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

€35.74
Price
€22.91
GF Value