ACKDF (Auckland International Airport) Scaled Net Operating Assets: 0.88 (As of Dec. 2025)


ACKDF Auckland International Airport Ltd ACKDF
82 GF Score
Price $4.88
GF Value $5.03
Valuation Fairly Valued
! 5 Warning Signs
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What is Auckland International Airport Scaled Net Operating Assets?

Auckland International Airport ACKDF -2.60% 82 Scaled Net Operating Assets is 0.88 as of Dec. 2025. GuruFocus rates ACKDF with a GF Score™ of 82/100 and a GF Value™ of $5.03 (Fairly Valued). The stock has 5 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.

Auckland International Airport's operating assets for the quarter that ended in Dec. 2025 was $8,058.2 Mil. Auckland International Airport's operating liabilities for the quarter that ended in Dec. 2025 was $608.0 Mil. Auckland International Airport's Total Assets for the quarter that ended in Jun. 2025 was $8,486.8 Mil. Therefore, Auckland International Airport's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.88.


Auckland International Airport Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Auckland International Airport'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.

Auckland International Airport Scaled Net Operating Assets Chart

Auckland International Airport Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 0.88 0.96 1.02 0.98

Auckland International Airport 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 0.99 0.96 0.88 0.96 0.88

ACKDF vs JOBY: Scaled Net Operating Assets Comparison

For the Airports & Air Services subindustry, Auckland International Airport'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.


Auckland International Airport Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, Auckland International Airport's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Auckland International Airport's Scaled Net Operating Assets falls into.


ACKDF
82GF Score
Auckland International Airport Ltd ACKDF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Auckland International Airport 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.

Auckland International Airport's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(8144.116-665.359)/7621.977
=0.98

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8486.783 - 342.667
=8144.116

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2166.445 - 1271.454 - 229.632
=665.359

Auckland International Airport'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 )
=(8058.159-608.043)/8486.783
=0.88

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8266.84 - 208.681
=8058.159

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2142.824 - 1314.468 - 220.313
=608.043

* 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 0.88 mean?
Auckland International Airport (ACKDF) has a Scaled Net Operating Assets of 0.88 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 Auckland International Airport and its competitors.
Is Auckland International Airport's Scaled Net Operating Assets too high?
Auckland International Airport's current Scaled Net Operating Assets is 0.88. Overall, Auckland International Airport has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Auckland International Airport's Scaled Net Operating Assets compare to JOBY?
Auckland International Airport's Scaled Net Operating Assets of 0.88 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 Auckland International Airport and its competitors. Auckland International Airport's current Scaled Net Operating Assets is 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Auckland International Airport stock overvalued right now?
Based on GuruFocus' analysis, Auckland International Airport (ACKDF) is currently considered Fairly Valued. The stock's GF Value™ is $5.03, compared to a current price of $4.88 — trading 3.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.88. Auckland International Airport's overall GF Score™ is 82/100 with 5 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 Auckland International Airport (ACKDF), the current Scaled Net Operating Assets is 0.88 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 Auckland International Airport (ACKDF) Overvalued in 2026?

Based on GuruFocus' analysis, Auckland International Airport stock appears to be undervalued. The current stock price of $4.88 is trading 3.1% below its estimated GF Value™ of $5.03. GuruFocus considers Auckland International Airport to be Fairly Valued.

Key valuation signals for ACKDF:

  • Scaled Net Operating Assets: 0.88
  • GF Value™: $5.03 vs. price of $4.88 (3.1% below fair value)
  • GF Score™: 82/100 with 5 warning signs

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


Auckland International Airport Business Description

Address 4 Leonard Isitt Drive, Auckland Airport Business District, Manukau, NTL, NZL, 2022
Auckland Airport is New Zealand's largest airport, handling about 75% of the country's international arrivals and departures. It owns over 1,500 hectares of land, and hosts unregulated ancillary commercial services, including retail and duty-free, car parking, hotels, warehouses, and offices. Substantial development opportunities are set to materially expand capacity over the next decade. The airport also has a 25% stake in the small, but fast-growing Queenstown airport on New Zealand's South Island.
82GF 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.

$4.88
Price
$5.03
GF Value