Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Fiera Milano SpA's operating assets for the quarter that ended in Mar. 2026 was €612.2 Mil. Fiera Milano SpA's operating liabilities for the quarter that ended in Mar. 2026 was €281.0 Mil. Fiera Milano SpA's Total Assets for the quarter that ended in Dec. 2025 was €760.8 Mil. Therefore, Fiera Milano SpA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.44.
Fiera Milano SpA Scaled Net Operating Assets Related Terms
Fiera Milano SpA Scaled Net Operating Assets Historical Data
* Premium members only.
The historical data trend for Fiera Milano SpA'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.
Fiera Milano SpA Scaled Net Operating Assets Chart
CHIX:FMM vs CTAS, CPRT, GPN: Scaled Net Operating Assets Comparison
For the Specialty Business Services subindustry, Fiera Milano SpA'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.
Fiera Milano SpA Scaled Net Operating Assets vs Business Services Industry
For the Business Services industry and Industrials sector, Fiera Milano SpA's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Fiera Milano SpA'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 0.44 mean?
Fiera Milano SpA (CHIX:FMM) has a Scaled Net Operating Assets of 0.44 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 Fiera Milano SpA and its competitors.
Is Fiera Milano SpA's Scaled Net Operating Assets too high?
Fiera Milano SpA's current Scaled Net Operating Assets is 0.44. Overall, Fiera Milano SpA has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Fiera Milano SpA's Scaled Net Operating Assets compare to CTAS and CPRT?
Fiera Milano SpA's Scaled Net Operating Assets of 0.44 can be compared against companies in the Business Services 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 Business Services company?
A good Scaled Net Operating Assets depends on the Business Services 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 Fiera Milano SpA and its competitors. Fiera Milano SpA's current Scaled Net Operating Assets is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiera Milano SpA stock overvalued right now?
Fiera Milano SpA (CHIX:FMM) has a current Scaled Net Operating Assets of 0.44. The stock's GF Value™ is €2.26, compared to a current price of €3.13 — trading 38.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.44. Fiera Milano SpA's overall GF Score™ is 75/100 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 Fiera Milano SpA (CHIX:FMM), the current Scaled Net Operating Assets is 0.44 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 Fiera Milano SpA (CHIX:FMM) Overvalued in 2026?
Based on GuruFocus' analysis, Fiera Milano SpA stock appears to be overvalued.
The current stock price of €3.13 is trading 38.5% above its estimated GF Value™ of €2.26.
Key valuation signals for CHIX:FMM:
Scaled Net Operating Assets: 0.44
GF Value™: €2.26 vs. price of €3.13 (38.5% above fair value)
No single metric tells the full story. See the CHIX:FMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fiera Milano SpA is a trade fair company. Its operating segments include Italian Exhibitions Business, Foreign Exhibitions Business, Congresses, and Other Sectors. The Italian Exhibitions and Foreign Exhibitions segment covers all activities for organizing and hosting exhibitions and other events in Italy and abroad through the use, promotion, and offer of furnished exhibition spaces, project support, and ancillary services. It also engages in stand-fitting, technical, and exhibition site services. The Congresses segment covers the management of conferences and events. It generates the majority of the revenue from Italian exhibitions segment. Geographically, it operates in Italy and Abroad, where it derives maximum revenue from Italy.
75GF Score
Get the complete analysis for CHIX:FMM
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:FMM has been successfully added to your 
