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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Azzas 2154's operating assets for the quarter that ended in Mar. 2026 was R$14,131 Mil. Azzas 2154's operating liabilities for the quarter that ended in Mar. 2026 was R$3,227 Mil. Azzas 2154's Total Assets for the quarter that ended in Dec. 2025 was R$15,449 Mil. Therefore, Azzas 2154's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.71.
Azzas 2154 Scaled Net Operating Assets Related Terms
Azzas 2154 Scaled Net Operating Assets Historical Data
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The historical data trend for Azzas 2154'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.
BSP:AZZA3 vs NKE, DECK, ONON: Scaled Net Operating Assets Comparison
For the Footwear & Accessories subindustry, Azzas 2154'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.
Azzas 2154 Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Azzas 2154's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Azzas 2154's Scaled Net Operating Assets falls into.
* 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 0.71 mean?
Azzas 2154 (BSP:AZZA3) has a Scaled Net Operating Assets of 0.71 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 Azzas 2154 and its competitors.
Is Azzas 2154's Scaled Net Operating Assets too high?
Azzas 2154's current Scaled Net Operating Assets is 0.71. Overall, Azzas 2154 has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Azzas 2154's Scaled Net Operating Assets compare to NKE and DECK?
Azzas 2154's Scaled Net Operating Assets of 0.71 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Scaled Net Operating Assets depends on the Manufacturing - Apparel & Accessories 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 Azzas 2154 and its competitors. Azzas 2154's current Scaled Net Operating Assets is 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azzas 2154 stock overvalued right now?
Based on GuruFocus' analysis, Azzas 2154 (BSP:AZZA3) is currently considered Possible Value Trap. The stock's GF Value™ is R$50.95, compared to a current price of R$18.53 — trading 63.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.71. Azzas 2154's overall GF Score™ is 79/100 with 10 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 Azzas 2154 (BSP:AZZA3), the current Scaled Net Operating Assets is 0.71 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 Azzas 2154 (BSP:AZZA3) Overvalued in 2026?
Based on GuruFocus' analysis, Azzas 2154 stock appears to be undervalued.
The current stock price of R$18.53 is trading 63.6% below its estimated GF Value™ of R$50.95.
GuruFocus considers Azzas 2154 to be Possible Value Trap.
Key valuation signals for BSP:AZZA3:
Scaled Net Operating Assets: 0.71
GF Value™: R$50.95 vs. price of R$18.53 (63.6% below fair value)
No single metric tells the full story. See the BSP:AZZA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Azzas 2154 SA, along with its subsidiaries, is engaged in the manufacturing, development, modeling and retail and wholesale trade of footwear, handbags, accessories and clothing for the women's, men's and democratic markets, particularly the women's market. The company also operates an online sales channel that makes available products of the brands Arezzo, Schutz, Anacapri, Alexandre Birman, Vans, Vicenza, Farm Rio, Animale, NV, Cris Barros, Maria Filó, Carol Bassi, Fábula, Off Premium, Reserva, Oficina, Foxton, Reserva Mini, Reserva Go, Reserva Ink, Hering, Hering Kids, Hering Sports, Hering Shoes and Hering Intimates. The majority of the company's revenue is derived from the sales of its products.
79GF Score
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