Holding Co ADMIE (IPTO) (FRA:08M) Scaled Net Operating Assets: 0.62 (As of Dec. 2025)


FRA:08M Holding Co ADMIE (IPTO) SA FRA:08M
77 GF Score
Price €4.59
GF Value €3.01
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Holding Co ADMIE (IPTO) Scaled Net Operating Assets?

Holding Co ADMIE (IPTO) FRA:08M -4.67% 77 Scaled Net Operating Assets is 0.62 as of Dec. 2025. GuruFocus rates FRA:08M with a GF Score™ of 77/100 and a GF Value™ of €3.01 (Significantly Overvalued). The stock has 10 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.

Holding Co ADMIE (IPTO)'s operating assets for the quarter that ended in Dec. 2025 was €4,660.0 Mil. Holding Co ADMIE (IPTO)'s operating liabilities for the quarter that ended in Dec. 2025 was €1,754.9 Mil. Holding Co ADMIE (IPTO)'s Total Assets for the quarter that ended in Jun. 2025 was €4,652.2 Mil. Therefore, Holding Co ADMIE (IPTO)'s scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.62.


Holding Co ADMIE (IPTO) Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Holding Co ADMIE (IPTO)'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.

Holding Co ADMIE (IPTO) Scaled Net Operating Assets Chart

Holding Co ADMIE (IPTO) Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.67 0.60 0.70 0.65 0.67

Holding Co ADMIE (IPTO) Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.59 0.63 0.57 0.61 0.62

FRA:08M vs CEG, VST, NRG: Scaled Net Operating Assets Comparison

For the Utilities - Independent Power Producers subindustry, Holding Co ADMIE (IPTO)'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.


Holding Co ADMIE (IPTO) Scaled Net Operating Assets vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Holding Co ADMIE (IPTO)'s Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Holding Co ADMIE (IPTO)'s Scaled Net Operating Assets falls into.


FRA:08M
77GF Score
Holding Co ADMIE (IPTO) SA FRA:08M
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Holding Co ADMIE (IPTO) 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.

Holding Co ADMIE (IPTO)'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 )
=(4659.95-1754.857)/4359.486
=0.67

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4886.6 - 226.65
=4659.95

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3357.625 - 1364.475 - 238.293
=1754.857

Holding Co ADMIE (IPTO)'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 )
=(4659.95-1754.857)/4652.244
=0.62

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4886.6 - 226.65
=4659.95

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3357.625 - 1364.475 - 238.293
=1754.857

* 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 0.62 mean?
Holding Co ADMIE (IPTO) (FRA:08M) has a Scaled Net Operating Assets of 0.62 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 Holding Co ADMIE (IPTO) and its competitors.
Is Holding Co ADMIE (IPTO)'s Scaled Net Operating Assets too high?
Holding Co ADMIE (IPTO)'s current Scaled Net Operating Assets is 0.62. Overall, Holding Co ADMIE (IPTO) has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Holding Co ADMIE (IPTO)'s Scaled Net Operating Assets compare to CEG and VST?
Holding Co ADMIE (IPTO)'s Scaled Net Operating Assets of 0.62 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Scaled Net Operating Assets depends on the Utilities - Independent Power Producers 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 Holding Co ADMIE (IPTO) and its competitors. Holding Co ADMIE (IPTO)'s current Scaled Net Operating Assets is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Holding Co ADMIE (IPTO) stock overvalued right now?
Based on GuruFocus' analysis, Holding Co ADMIE (IPTO) (FRA:08M) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.01, compared to a current price of €4.59 — trading 52.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.62. Holding Co ADMIE (IPTO)'s overall GF Score™ is 77/100 with 10 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 Holding Co ADMIE (IPTO) (FRA:08M), the current Scaled Net Operating Assets is 0.62 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 Holding Co ADMIE (IPTO) (FRA:08M) Overvalued in 2026?

Based on GuruFocus' analysis, Holding Co ADMIE (IPTO) stock appears to be overvalued. The current stock price of €4.59 is trading 52.5% above its estimated GF Value™ of €3.01. GuruFocus considers Holding Co ADMIE (IPTO) to be Significantly Overvalued.

Key valuation signals for FRA:08M:

  • Scaled Net Operating Assets: 0.62
  • GF Value™: €3.01 vs. price of €4.59 (52.5% above fair value)
  • GF Score™: 77/100 with 10 warning signs

No single metric tells the full story. See the FRA:08M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Holding Co ADMIE (IPTO) Business Description

Other Exchanges ADMIE:Greece
Address 89, Dyrrachiou and Kifissou Streets, Kifissou, Athens, GRC, 104-43
Holding Co ADMIE (IPTO) SA, through its subsidiary, operates, maintains, and develops the Greek Electricity Transmission System to ensure the supply of electricity in the country in a safe, efficient and reliable manner. The firm defines its activity as System (Management of the Hellenic Electricity Transmission System); Market (Operation of the electricity markets that fall under the responsibilities of the System Operator); Cyprus-Greece Interconnection (Management of the Cyprus-Greece Interconnection). The company generates the majority of its revenue from the System segment.
77GF Score

Get the complete analysis for FRA:08M

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

€4.59
Price
€3.01
GF Value