EJTTF (easyJet) Scaled Net Operating Assets: 0.28 (As of Mar. 2026)


EJTTF easyJet PLC EJTTF
78 GF Score
Price $6.98
GF Value $7.32
Valuation Fairly Valued
! 7 Warning Signs
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What is easyJet Scaled Net Operating Assets?

easyJet EJTTF 78 Scaled Net Operating Assets is 0.28 as of Mar. 2026. GuruFocus rates EJTTF with a GF Score™ of 78/100 and a GF Value™ of $7.32 (Fairly Valued). 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.

easyJet's operating assets for the quarter that ended in Mar. 2026 was $12,388 Mil. easyJet's operating liabilities for the quarter that ended in Mar. 2026 was $8,091 Mil. easyJet's Total Assets for the quarter that ended in Sep. 2025 was $15,550 Mil. Therefore, easyJet's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.28.


easyJet Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for easyJet'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.

easyJet Scaled Net Operating Assets Chart

easyJet Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.27 0.29 0.30 0.27

easyJet Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.24 0.27 0.21 0.26 0.28

EJTTF vs DAL, UAL, LUV: Scaled Net Operating Assets Comparison

For the Airlines subindustry, easyJet'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.


easyJet Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, easyJet's Scaled Net Operating Assets distribution charts can be found below:

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


EJTTF
78GF Score
easyJet PLC EJTTF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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easyJet 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.

easyJet's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2025 )
=(Operating Assets (A: Sep. 2025 )-Operating Liabilities (A: Sep. 2025 ))/Total Assets (A: Sep. 2024 )
=(10782.432-6868.919)/14596.561
=0.27

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15550 - 4767.568
=10782.432

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10822.973 - 3606.757 - 347.297
=6868.919

easyJet'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: Sep. 2025 )
=(12388-8090.667)/15550
=0.28

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16982.667 - 4594.667
=12388

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12106.667 - 3653.333 - 362.667
=8090.667

* 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 0.28 mean?
easyJet (EJTTF) has a Scaled Net Operating Assets of 0.28 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 easyJet and its competitors.
Is easyJet's Scaled Net Operating Assets too high?
easyJet's current Scaled Net Operating Assets is 0.28. Overall, easyJet has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does easyJet's Scaled Net Operating Assets compare to DAL and UAL?
easyJet's Scaled Net Operating Assets of 0.28 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 easyJet and its competitors. easyJet's current Scaled Net Operating Assets is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is easyJet stock overvalued right now?
Based on GuruFocus' analysis, easyJet (EJTTF) is currently considered Fairly Valued. The stock's GF Value™ is $7.32, compared to a current price of $6.98 — trading 4.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.28. easyJet's overall GF Score™ is 78/100 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 easyJet (EJTTF), the current Scaled Net Operating Assets is 0.28 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 easyJet (EJTTF) Overvalued in 2026?

Based on GuruFocus' analysis, easyJet stock appears to be undervalued. The current stock price of $6.98 is trading 4.6% below its estimated GF Value™ of $7.32. GuruFocus considers easyJet to be Fairly Valued.

Key valuation signals for EJTTF:

  • Scaled Net Operating Assets: 0.28
  • GF Value™: $7.32 vs. price of $6.98 (4.6% below fair value)
  • GF Score™: 78/100 with 7 warning signs

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


easyJet Business Description

Address Hangar 89, London Luton Airport, Luton, Bedfordshire, GBR, LU2 9PF
EasyJet is a leading European low-cost airline, headquartered in Luton, United Kingdom. Established in 1995, easyJet operates on a point-to-point model, providing affordable and efficient travel options across Europe. The airline serves more than 160 airports in over 30 countries, with a network spanning key cities and popular holiday destinations. EasyJet is known for its extensive route network, with primary bases at London Gatwick, Milan Malpensa, and Geneva, among others.
78GF Score

Get the complete analysis for EJTTF

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

$6.98
Price
$7.32
GF Value