ABC arbitrage (CHIX:ABCAP) Scaled Net Operating Assets: 0.85 (As of Dec. 2025)


CHIX:ABCAP ABC arbitrage SA CHIX:ABCAP
65 GF Score
Price €5.94
GF Value €7.26
! 3 Warning Signs
View Full Analysis

What is ABC arbitrage Scaled Net Operating Assets?

ABC arbitrage CHIX:ABCAP 65 Scaled Net Operating Assets is 0.85 as of Dec. 2025. GuruFocus rates CHIX:ABCAP with a GF Score™ of 65/100 and a GF Value™ of €7.26. The stock has 3 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.

ABC arbitrage's operating assets for the quarter that ended in Dec. 2025 was €174.92 Mil. ABC arbitrage's operating liabilities for the quarter that ended in Dec. 2025 was €12.86 Mil. ABC arbitrage's Total Assets for the quarter that ended in Jun. 2025 was €190.36 Mil. Therefore, ABC arbitrage's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.85.

CHIX:ABCAP
65GF Score
ABC arbitrage SA CHIX:ABCAP
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ABC arbitrage 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.

ABC arbitrage'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 )
=(174.918-12.857)/178.364
=0.91

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=185.09 - 10.172
=174.918

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15.484 - 2.627 - 0
=12.857

ABC arbitrage'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 )
=(174.918-12.857)/190.359
=0.85

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=185.09 - 10.172
=174.918

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15.484 - 2.627 - 0
=12.857

* 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 0.85 mean?
ABC arbitrage (CHIX:ABCAP) has a Scaled Net Operating Assets of 0.85 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 ABC arbitrage and its competitors.
Is ABC arbitrage's Scaled Net Operating Assets too high?
ABC arbitrage's current Scaled Net Operating Assets is 0.85. Overall, ABC arbitrage has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does ABC arbitrage's Scaled Net Operating Assets compare to BLK and BX?
ABC arbitrage's Scaled Net Operating Assets of 0.85 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 ABC arbitrage and its competitors. ABC arbitrage's current Scaled Net Operating Assets is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ABC arbitrage stock overvalued right now?
ABC arbitrage (CHIX:ABCAP) has a current Scaled Net Operating Assets of 0.85. The stock's GF Value™ is €7.26, compared to a current price of €5.94 — trading 18.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.85. ABC arbitrage's overall GF Score™ is 65/100 with 3 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 ABC arbitrage (CHIX:ABCAP), the current Scaled Net Operating Assets is 0.85 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 ABC arbitrage (CHIX:ABCAP) Overvalued in 2026?

Based on GuruFocus' analysis, ABC arbitrage stock appears to be undervalued. The current stock price of €5.94 is trading 18.2% below its estimated GF Value™ of €7.26.

Key valuation signals for CHIX:ABCAP:

  • Scaled Net Operating Assets: 0.85
  • GF Value™: €7.26 vs. price of €5.94 (18.2% below fair value)
  • GF Score™: 65/100 with 3 warning signs

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

ABC arbitrage Business Description

Address 18 rue du Quatre Septembre, Paris, FRA, 75002
ABC arbitrage SA is a France-based company engaged in the design of arbitration strategies in European and American financial markets. The group conducts two types of arbitrage strategies, including arbitrage without market risks, which exploits opportunities that are independent of directional or event risks, and arbitrage with market risks, where various risks involved are systematically identified and hedged using appropriate instruments. ABC Arbitrage also provides asset management services to institutional clients and advisory services for third-party institutional clients or qualified investors. The company's funds are managed by ABC Arbitrage Asset Management.
65GF Score

Get the complete analysis for CHIX:ABCAP

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

€5.94
Price
€7.26
GF Value