Georgia Capital (FRA:2IX) Scaled Net Operating Assets: 1.16 (As of Dec. 2025)


FRA:2IX Georgia Capital PLC FRA:2IX
64 GF Score
Price €45.40
GF Value €48.42
Valuation Fairly Valued
! 3 Warning Signs
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What is Georgia Capital Scaled Net Operating Assets?

Georgia Capital FRA:2IX -3.81% 64 Scaled Net Operating Assets is 1.16 as of Dec. 2025. GuruFocus rates FRA:2IX with a GF Score™ of 64/100 and a GF Value™ of €48.42 (Fairly Valued). 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.

Georgia Capital's operating assets for the quarter that ended in Dec. 2025 was €1,674.9 Mil. Georgia Capital's operating liabilities for the quarter that ended in Dec. 2025 was €1.2 Mil. Georgia Capital's Total Assets for the quarter that ended in Jun. 2025 was €1,442.8 Mil. Therefore, Georgia Capital's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 1.16.

FRA:2IX
64GF Score
Georgia Capital PLC FRA:2IX
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Georgia Capital 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.

Georgia Capital'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 )
=(1674.937-1.245)/1166.608
=1.43

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1679.296 - 4.359
=1674.937

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.245 - 0 - 0
=1.245

Georgia Capital'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 )
=(1674.937-1.245)/1442.785
=1.16

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1679.296 - 4.359
=1674.937

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.245 - 0 - 0
=1.245

* 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 1.16 mean?
Georgia Capital (FRA:2IX) has a Scaled Net Operating Assets of 1.16 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 Georgia Capital and its competitors.
Is Georgia Capital's Scaled Net Operating Assets too high?
Georgia Capital's current Scaled Net Operating Assets is 1.16. Overall, Georgia Capital has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Georgia Capital's Scaled Net Operating Assets compare to FRHC?
Georgia Capital's Scaled Net Operating Assets of 1.16 can be compared against companies in the Diversified Financial 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 Diversified Financial Services company?
A good Scaled Net Operating Assets depends on the Diversified Financial 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 Georgia Capital and its competitors. Georgia Capital's current Scaled Net Operating Assets is 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Georgia Capital stock overvalued right now?
Based on GuruFocus' analysis, Georgia Capital (FRA:2IX) is currently considered Fairly Valued. The stock's GF Value™ is €48.42, compared to a current price of €45.40 — trading 6.2% below its estimated fair value. The current Scaled Net Operating Assets is 1.16. Georgia Capital's overall GF Score™ is 64/100 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 Georgia Capital (FRA:2IX), the current Scaled Net Operating Assets is 1.16 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 Georgia Capital (FRA:2IX) Overvalued in 2026?

Based on GuruFocus' analysis, Georgia Capital stock appears to be undervalued. The current stock price of €45.40 is trading 6.2% below its estimated GF Value™ of €48.42. GuruFocus considers Georgia Capital to be Fairly Valued.

Key valuation signals for FRA:2IX:

  • Scaled Net Operating Assets: 1.16
  • GF Value™: €48.42 vs. price of €45.40 (6.2% below fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the FRA:2IX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Georgia Capital Business Description

Other Exchanges GRGCF:USACGEOl:UKCGEO:UK
Address 19th Floor 51 Lime Street, London, GBR, EC3M 7DQ
Georgia Capital PLC is focused on buying, building and developing businesses in Georgia and monetising investments as it matures. The company currently has the following private large portfolio businesses (i) a retail (pharmacy) business, (ii) an insurance business (P&C and medical insurance), and (iii) a healthcare services business (hospitals and clinics and diagnostics). The company's operating segments are: listed and observable portfolio companies, private large portfolio companies, private emerging and other portfolio companies, and corporate centre.
64GF Score

Get the complete analysis for FRA:2IX

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

€45.40
Price
€48.42
GF Value