ZEK (Zekelman Industries) Scaled Net Operating Assets: 0.84 (As of Jun. 2018)


What is Zekelman Industries Scaled Net Operating Assets?

Zekelman Industries ZEK Scaled Net Operating Assets is 0.84 as of Jun. 2018.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Zekelman Industries's operating assets for the quarter that ended in Jun. 2018 was $2,418.88 Mil. Zekelman Industries's operating liabilities for the quarter that ended in Jun. 2018 was $488.85 Mil. Zekelman Industries's Total Assets for the quarter that ended in Sep. 2017 was $2,284.81 Mil. Therefore, Zekelman Industries's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2018 was 0.84.

Zekelman Industries Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Zekelman Industries'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.

Zekelman Industries Scaled Net Operating Assets Chart

Zekelman Industries Annual Data
Trend Sep15 Sep16 Sep17
Scaled Net Operating Assets
0.00 0.00 0.89

Zekelman Industries Quarterly Data
Sep15 Sep16 Jun17 Sep17 Jun18
Scaled Net Operating Assets 0.00 0.00 0.00 0.00 0.85

ZEK vs : Scaled Net Operating Assets Comparison

For the Steel subindustry, Zekelman Industries'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.

Zekelman Industries Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, Zekelman Industries's Scaled Net Operating Assets distribution charts can be found below:

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


Zekelman Industries 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.

Zekelman Industries's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2017 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2017 )
=(Operating Assets (A: Sep. 2017 )-Operating Liabilities (A: Sep. 2017 ))/Total Assets (A: Sep. 2016 )
=(2255.604-509.167)/1957.389
=0.89

where

Operating Assets(A: Sep. 2017 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2284.805 - 29.201
=2255.604

Operating Liabilities(A: Sep. 2017 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1808.505 - 1289.02 - 10.318
=509.167

Zekelman Industries's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2018 )
=(Operating Assets (Q: Jun. 2018 )-Operating Liabilities (Q: Jun. 2018 ))/Total Assets (Q: Sep. 2017 )
=(2418.876-488.854)/2284.805
=0.84

where

Operating Assets(Q: Jun. 2018 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2455.493 - 36.617
=2418.876

Operating Liabilities(Q: Jun. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1803.276 - 1305.202 - 9.22
=488.854

* 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 0.84 mean?
Zekelman Industries (ZEK) has a Scaled Net Operating Assets of 0.84 as of Jun. 2018. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Zekelman Industries and its competitors.
Is Zekelman Industries' Scaled Net Operating Assets too high?
Zekelman Industries' current Scaled Net Operating Assets is 0.84.
How does Zekelman Industries' Scaled Net Operating Assets compare to ?
Zekelman Industries' Scaled Net Operating Assets of 0.84 can be compared against companies in the Steel 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 Steel company?
A good Scaled Net Operating Assets depends on the Steel 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 Zekelman Industries and its competitors. Zekelman Industries's current Scaled Net Operating Assets is 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zekelman Industries stock overvalued right now?
Zekelman Industries (ZEK) has a current Scaled Net Operating Assets of 0.84. The current Scaled Net Operating Assets is 0.84. 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 Zekelman Industries (ZEK), the current Scaled Net Operating Assets is 0.84 as of Jun. 2018. 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.

Zekelman Industries Business Description

Comparable Companies
Address 227 West Monroe Street, Suite 2600, Chicago, IL, USA, 60606