Shopper Park Plus (BUD:SPLUS) Scaled Net Operating Assets: 1.20 (As of Mar. 2026)


BUD:SPLUS Shopper Park Plus PLC BUD:SPLUS
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What is Shopper Park Plus Scaled Net Operating Assets?

Shopper Park Plus BUD:SPLUS +2.07% 12 Scaled Net Operating Assets is 1.20 as of Mar. 2026. GuruFocus rates BUD:SPLUS with a GF Score™ of 12/100. The stock has 11 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.

Shopper Park Plus's operating assets for the quarter that ended in Mar. 2026 was €722.28 Mil. Shopper Park Plus's operating liabilities for the quarter that ended in Mar. 2026 was €42.96 Mil. Shopper Park Plus's Total Assets for the quarter that ended in Dec. 2025 was €568.19 Mil. Therefore, Shopper Park Plus's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 1.20.

Shopper Park Plus Scaled Net Operating Assets Historical Data

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The historical data trend for Shopper Park Plus'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.

Shopper Park Plus Scaled Net Operating Assets Chart

Shopper Park Plus Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial -0.46 149.21 0.87 0.99 1.34

Shopper Park Plus Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 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 1.06 0.92 0.94 1.08 1.20

Shopper Park Plus Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Development subindustry, Shopper Park Plus'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.

Shopper Park Plus Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Shopper Park Plus's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shopper Park Plus's Scaled Net Operating Assets falls into.


BUD:SPLUS
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Shopper Park Plus PLC BUD:SPLUS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Shopper Park Plus 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.

Shopper Park Plus'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 )
=(536.424-37.544)/371.66
=1.34

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=568.19 - 31.766
=536.424

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=246.274 - 207.181 - 1.549
=37.544

Shopper Park Plus'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 )
=(722.279-42.957)/568.19
=1.20

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=749.891 - 27.612
=722.279

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=399.255 - 312.012 - 44.286
=42.957

* 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 1.20 mean?
Shopper Park Plus (BUD:SPLUS) has a Scaled Net Operating Assets of 1.20 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 Shopper Park Plus and its competitors.
Is Shopper Park Plus' Scaled Net Operating Assets too high?
Shopper Park Plus' current Scaled Net Operating Assets is 1.20. Overall, Shopper Park Plus has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Shopper Park Plus' Scaled Net Operating Assets compare to competitors?
Shopper Park Plus' Scaled Net Operating Assets of 1.20 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Shopper Park Plus and its competitors. Shopper Park Plus's current Scaled Net Operating Assets is 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shopper Park Plus stock overvalued right now?
Shopper Park Plus (BUD:SPLUS) has a current Scaled Net Operating Assets of 1.20. The current Scaled Net Operating Assets is 1.20. Shopper Park Plus' overall GF Score™ is 12/100 with 11 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 Shopper Park Plus (BUD:SPLUS), the current Scaled Net Operating Assets is 1.20 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.

Shopper Park Plus Business Description

Address Batthyany Street, Third Floor, Door 1, Budapest, HUN, 1015
Shopper Park Plus PLC is a company that operates through its subsidiaries and deals with the development, management, and renovation of commercial real estate. It develops its current properties with the purpose of making them operational on the basis of lease contracts use it by renting it out.
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