EVMN (Evommune) Scaled Net Operating Assets: 0.26 (As of Jun. 2026)

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EVMN Evommune Inc EVMN
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What is Evommune Scaled Net Operating Assets?

Evommune EVMN -0.63% 10 Scaled Net Operating Assets is 0.26 as of Jun. 2026. GuruFocus rates EVMN with a GF Score™ of 10/100. The stock has 2 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.

Evommune's operating assets for the quarter that ended in Jun. 2026 was $101.15 Mil. Evommune's operating liabilities for the quarter that ended in Jun. 2026 was $16.25 Mil. Evommune's Total Assets for the quarter that ended in Mar. 2026 was $322.46 Mil. Therefore, Evommune's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.26.


Evommune Scaled Net Operating Assets Historical Data

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The historical data trend for Evommune'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.

Evommune Scaled Net Operating Assets Chart

Evommune Annual Data
Trend Dec23 Dec24 Dec25
Scaled Net Operating Assets
-1.89 -2.62 0.76

Evommune Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -4.61 -2.69 0.69 0.45 0.26

EVMN vs OCGN, PBYI, LRMR: Scaled Net Operating Assets Comparison

For the Biotechnology subindustry, Evommune'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.


Evommune Scaled Net Operating Assets vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Evommune's Scaled Net Operating Assets distribution charts can be found below:

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


EVMN
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Evommune Inc EVMN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Evommune 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.

Evommune'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 )
=(75.746-17.667)/76.055
=0.76

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=224.946 - 149.2
=75.746

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19.38 - 1.471 - 0.242
=17.667

Evommune's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(101.154-16.25)/322.455
=0.26

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=301.947 - 200.793
=101.154

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=24.361 - 6.874 - 1.237
=16.25

* 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 0.26 mean?
Evommune (EVMN) has a Scaled Net Operating Assets of 0.26 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Evommune and its competitors.
Is Evommune's Scaled Net Operating Assets too high?
Evommune's current Scaled Net Operating Assets is 0.26. Overall, Evommune has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Evommune's Scaled Net Operating Assets compare to OCGN and PBYI?
Evommune's Scaled Net Operating Assets of 0.26 can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Scaled Net Operating Assets depends on the Biotechnology 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 Evommune and its competitors. Evommune's current Scaled Net Operating Assets is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evommune stock overvalued right now?
Evommune (EVMN) has a current Scaled Net Operating Assets of 0.26. The current Scaled Net Operating Assets is 0.26. Evommune's overall GF Score™ is 10/100 with 2 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 Evommune (EVMN), the current Scaled Net Operating Assets is 0.26 as of Jun. 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.

Evommune Business Description

Address 1841 Page Mill Road, Suite 100, Palo Alto, CA, USA, 94304
Evommune Inc is a clinical-stage biotechnology company focused on creating new therapies aimed at key factors driving chronic inflammatory diseases. The initial clinical programs of the company target chronic spontaneous urticaria (CSU), atopic dermatitis (AD), and ulcerative colitis (UC). The pipeline products of the company include EVO756 and EVO301.
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