HELLENiQ ENERGY Holdings (ATH:ELPE) Scaled Net Operating Assets: 0.70 (As of Mar. 2026)


ATH:ELPE HELLENiQ ENERGY Holdings SA ATH:ELPE
69 GF Score
Price €10.78
GF Value €7.29
Valuation Significantly Overvalued
! 7 Warning Signs
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What is HELLENiQ ENERGY Holdings Scaled Net Operating Assets?

HELLENiQ ENERGY Holdings ATH:ELPE -2.44% 69 Scaled Net Operating Assets is 0.70 as of Mar. 2026. GuruFocus rates ATH:ELPE with a GF Score™ of 69/100 and a GF Value™ of €7.29 (Significantly Overvalued). The stock has 7 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.

HELLENiQ ENERGY Holdings's operating assets for the quarter that ended in Mar. 2026 was €8,435 Mil. HELLENiQ ENERGY Holdings's operating liabilities for the quarter that ended in Mar. 2026 was €2,431 Mil. HELLENiQ ENERGY Holdings's Total Assets for the quarter that ended in Dec. 2025 was €8,567 Mil. Therefore, HELLENiQ ENERGY Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.70.


HELLENiQ ENERGY Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for HELLENiQ ENERGY Holdings'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.

HELLENiQ ENERGY Holdings Scaled Net Operating Assets Chart

HELLENiQ ENERGY Holdings 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 0.63 0.62 0.56 0.59 0.66

HELLENiQ ENERGY Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.71 0.65 0.67 0.62 0.70

ATH:ELPE vs VLO, MPC, PSX: Scaled Net Operating Assets Comparison

For the Oil & Gas Refining & Marketing subindustry, HELLENiQ ENERGY Holdings'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.


HELLENiQ ENERGY Holdings Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, HELLENiQ ENERGY Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where HELLENiQ ENERGY Holdings's Scaled Net Operating Assets falls into.


ATH:ELPE
69GF Score
HELLENiQ ENERGY Holdings SA ATH:ELPE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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HELLENiQ ENERGY Holdings 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.

HELLENiQ ENERGY Holdings'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 )
=(7708.479-2565.987)/7754.354
=0.66

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8566.73 - 858.251
=7708.479

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5838.823 - 3011.155 - 261.681
=2565.987

HELLENiQ ENERGY Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(8435.084-2431.159)/8566.73
=0.70

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8939.602 - 504.518
=8435.084

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5897.98 - 3278.015 - 188.806
=2431.159

* 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 0.70 mean?
HELLENiQ ENERGY Holdings (ATH:ELPE) has a Scaled Net Operating Assets of 0.70 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on HELLENiQ ENERGY Holdings and its competitors.
Is HELLENiQ ENERGY Holdings' Scaled Net Operating Assets too high?
HELLENiQ ENERGY Holdings' current Scaled Net Operating Assets is 0.70. Overall, HELLENiQ ENERGY Holdings has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HELLENiQ ENERGY Holdings' Scaled Net Operating Assets compare to VLO and MPC?
HELLENiQ ENERGY Holdings' Scaled Net Operating Assets of 0.70 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas 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 HELLENiQ ENERGY Holdings and its competitors. HELLENiQ ENERGY Holdings's current Scaled Net Operating Assets is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HELLENiQ ENERGY Holdings stock overvalued right now?
Based on GuruFocus' analysis, HELLENiQ ENERGY Holdings (ATH:ELPE) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.29, compared to a current price of €10.78 — trading 47.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.70. HELLENiQ ENERGY Holdings' overall GF Score™ is 69/100 with 7 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 HELLENiQ ENERGY Holdings (ATH:ELPE), the current Scaled Net Operating Assets is 0.70 as of Mar. 2026. 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 HELLENiQ ENERGY Holdings (ATH:ELPE) Overvalued in 2026?

Based on GuruFocus' analysis, HELLENiQ ENERGY Holdings stock appears to be overvalued. The current stock price of €10.78 is trading 47.9% above its estimated GF Value™ of €7.29. GuruFocus considers HELLENiQ ENERGY Holdings to be Significantly Overvalued.

Key valuation signals for ATH:ELPE:

  • Scaled Net Operating Assets: 0.70
  • GF Value™: €7.29 vs. price of €10.78 (47.9% above fair value)
  • GF Score™: 69/100 with 7 warning signs

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


HELLENiQ ENERGY Holdings Business Description

Industry EnergyOil & Gas
Address 8A Chimarras Street, Maroussi, GRC, 151 25
HELLENiQ ENERGY Holdings SA is a holding company and provides administrative and financial services to its subsidiaries. The company operates in the energy sector predominantly in Greece, as well as in the wider South Eastern Europe / East Mediterranean region. Its segments include Refining, Supply and Trading, Production and Trading of Petrochemicals, Marketing (Domestic and International), Power (Renewable Energy Sources and Power & Gas), Exploration and Production of Hydrocarbons and Electromobility. The majority of the revenue is derived from the Refining segment.
69GF Score

Get the complete analysis for ATH:ELPE

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

€10.78
Price
€7.29
GF Value