Spyrosoft (FRA:2NP) Scaled Net Operating Assets: 0.59 (As of Mar. 2026)


FRA:2NP Spyrosoft SA FRA:2NP
85 GF Score
Price €79.00
GF Value €148.79
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Spyrosoft Scaled Net Operating Assets?

Spyrosoft FRA:2NP -1.25% 85 Scaled Net Operating Assets is 0.59 as of Mar. 2026. GuruFocus rates FRA:2NP with a GF Score™ of 85/100 and a GF Value™ of €148.79 (Significantly Undervalued). 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.

Spyrosoft's operating assets for the quarter that ended in Mar. 2026 was €60.3 Mil. Spyrosoft's operating liabilities for the quarter that ended in Mar. 2026 was €22.0 Mil. Spyrosoft's Total Assets for the quarter that ended in Sep. 2025 was €64.8 Mil. Therefore, Spyrosoft's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.59.


Spyrosoft Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Spyrosoft'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.

Spyrosoft Scaled Net Operating Assets Chart

Spyrosoft Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial 1.01 0.73 0.92 0.65 0.66

Spyrosoft Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 0.58 0.58 0.51 0.47 0.59

FRA:2NP vs UBER, SHOP, CRM: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Spyrosoft'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.


Spyrosoft Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Spyrosoft's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:2NP
85GF Score
Spyrosoft SA FRA:2NP
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Spyrosoft 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.

Spyrosoft's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(43.583-12.947)/46.244
=0.66

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=57.1 - 13.517
=43.583

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19.687 - 3.57 - 3.17
=12.947

Spyrosoft'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 )
=(60.314-22.003)/64.793
=0.59

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=80.47 - 20.156
=60.314

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=27.57 - 2.493 - 3.074
=22.003

* 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 0.59 mean?
Spyrosoft (FRA:2NP) has a Scaled Net Operating Assets of 0.59 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 Spyrosoft and its competitors.
Is Spyrosoft's Scaled Net Operating Assets too high?
Spyrosoft's current Scaled Net Operating Assets is 0.59. Overall, Spyrosoft has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spyrosoft's Scaled Net Operating Assets compare to UBER and SHOP?
Spyrosoft's Scaled Net Operating Assets of 0.59 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Spyrosoft and its competitors. Spyrosoft's current Scaled Net Operating Assets is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spyrosoft stock overvalued right now?
Based on GuruFocus' analysis, Spyrosoft (FRA:2NP) is currently considered Significantly Undervalued. The stock's GF Value™ is €148.79, compared to a current price of €79.00 — trading 46.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.59. Spyrosoft's overall GF Score™ is 85/100 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 Spyrosoft (FRA:2NP), the current Scaled Net Operating Assets is 0.59 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 Spyrosoft (FRA:2NP) Overvalued in 2026?

Based on GuruFocus' analysis, Spyrosoft stock appears to be undervalued. The current stock price of €79.00 is trading 46.9% below its estimated GF Value™ of €148.79. GuruFocus considers Spyrosoft to be Significantly Undervalued.

Key valuation signals for FRA:2NP:

  • Scaled Net Operating Assets: 0.59
  • GF Value™: €148.79 vs. price of €79.00 (46.9% below fair value)
  • GF Score™: 85/100 with 2 warning signs

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


Spyrosoft Business Description

Other Exchanges SPR:Poland2NP:Germany
Address pl. Nowy Targ 28, Spyrosoft Solutions S.A., Wroclaw, POL, 50-141
Spyrosoft SA is engaged in providing information technology services. The company has expertise in Automotive, Financial Services, and Geospatial services among other sectors. The services offered by the company include Cloud, Embedded software engineering, Enterprise software engineering, Managed Services and Business and product design among others.
85GF Score

Get the complete analysis for FRA:2NP

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

€79.00
Price
€148.79
GF Value