Zeder Investments (FRA:33Z) Scaled Net Operating Assets: 0.87 (As of Feb. 2026)


FRA:33Z Zeder Investments Ltd FRA:33Z
30 GF Score
Price €0.06
GF Value €0.03
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Zeder Investments Scaled Net Operating Assets?

Zeder Investments FRA:33Z +10.48% 30 Scaled Net Operating Assets is 0.87 as of Feb. 2026. GuruFocus rates FRA:33Z with a GF Score™ of 30/100 and a GF Value™ of €0.03 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Zeder Investments's operating assets for the quarter that ended in Feb. 2026 was €114.15 Mil. Zeder Investments's operating liabilities for the quarter that ended in Feb. 2026 was €3.86 Mil. Zeder Investments's Total Assets for the quarter that ended in Aug. 2025 was €127.47 Mil. Therefore, Zeder Investments's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.87.


Zeder Investments Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Zeder Investments'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.

Zeder Investments Scaled Net Operating Assets Chart

Zeder Investments Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.42 0.71 0.71 0.76

Zeder Investments Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.77 0.84 0.79 0.80 0.87

FRA:33Z vs BLK, BX, KKR: Scaled Net Operating Assets Comparison

For the Asset Management subindustry, Zeder Investments'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.


Zeder Investments Scaled Net Operating Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Zeder Investments's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:33Z
30GF Score
Zeder Investments Ltd FRA:33Z
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Zeder Investments 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.

Zeder Investments's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2026 )
=(Operating Assets (A: Feb. 2026 )-Operating Liabilities (A: Feb. 2026 ))/Total Assets (A: Feb. 2025 )
=(114.149-3.861)/144.532
=0.76

where

Operating Assets(A: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=126.368 - 12.219
=114.149

Operating Liabilities(A: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.861 - 0 - 0
=3.861

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

Scaled Net Operating Assets (SNOA)(Q: Feb. 2026 )
=(Operating Assets (Q: Feb. 2026 )-Operating Liabilities (Q: Feb. 2026 ))/Total Assets (Q: Aug. 2025 )
=(114.149-3.861)/127.474
=0.87

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=126.368 - 12.219
=114.149

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.861 - 0 - 0
=3.861

* 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 0.87 mean?
Zeder Investments (FRA:33Z) has a Scaled Net Operating Assets of 0.87 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Zeder Investments and its competitors.
Is Zeder Investments' Scaled Net Operating Assets too high?
Zeder Investments' current Scaled Net Operating Assets is 0.87. Overall, Zeder Investments has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zeder Investments' Scaled Net Operating Assets compare to BLK and BX?
Zeder Investments' Scaled Net Operating Assets of 0.87 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Zeder Investments and its competitors. Zeder Investments's current Scaled Net Operating Assets is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeder Investments stock overvalued right now?
Based on GuruFocus' analysis, Zeder Investments (FRA:33Z) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.03, compared to a current price of €0.06 — trading 93.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.87. Zeder Investments' overall GF Score™ is 30/100 with 1 warning sign 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 Zeder Investments (FRA:33Z), the current Scaled Net Operating Assets is 0.87 as of Feb. 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 Zeder Investments (FRA:33Z) Overvalued in 2026?

Based on GuruFocus' analysis, Zeder Investments stock appears to be overvalued. The current stock price of €0.06 is trading 93.3% above its estimated GF Value™ of €0.03. GuruFocus considers Zeder Investments to be Significantly Overvalued.

Key valuation signals for FRA:33Z:

  • Scaled Net Operating Assets: 0.87
  • GF Value™: €0.03 vs. price of €0.06 (93.3% above fair value)
  • GF Score™: 30/100 with 1 warning sign

No single metric tells the full story. See the FRA:33Z stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zeder Investments Business Description

Other Exchanges ZED:South Africa
Address 35 Kerk Street, Second Floor, Ou Kollege, Stellenbosch, WC, ZAF, 7600
Zeder Investments Ltd is a South Africa-based investment company with an investment portfolio that focuses on the broad agribusiness industry in South Africa. The company has large, strategic stakes in the underlying portfolio companies as a long-term investor. The company's structure is divided into two key segments, reflecting its primary investments Zaad and Pome Investments.
30GF Score

Get the complete analysis for FRA:33Z

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

€0.06
Price
€0.03
GF Value