Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Baked Games's operating assets for the quarter that ended in Mar. 2026 was €0.48 Mil. Baked Games's operating liabilities for the quarter that ended in Mar. 2026 was €0.09 Mil. Baked Games's Total Assets for the quarter that ended in Dec. 2025 was €0.62 Mil. Therefore, Baked Games's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.63.
Baked Games Scaled Net Operating Assets Related Terms
Baked Games Scaled Net Operating Assets Historical Data
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The historical data trend for Baked Games'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.
FRA:4U6 vs NTES, EA, TTWO: Scaled Net Operating Assets Comparison
For the Electronic Gaming & Multimedia subindustry, Baked Games'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.
Baked Games Scaled Net Operating Assets vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Baked Games's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Baked Games's Scaled Net Operating Assets falls into.
* 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 0.63 mean?
Baked Games (FRA:4U6) has a Scaled Net Operating Assets of 0.63 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 Baked Games and its competitors.
Is Baked Games' Scaled Net Operating Assets too high?
Baked Games' current Scaled Net Operating Assets is 0.63. Overall, Baked Games has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Baked Games' Scaled Net Operating Assets compare to NTES and EA?
Baked Games' Scaled Net Operating Assets of 0.63 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Scaled Net Operating Assets depends on the Interactive Media 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 Baked Games and its competitors. Baked Games's current Scaled Net Operating Assets is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baked Games stock overvalued right now?
Based on GuruFocus' analysis, Baked Games (FRA:4U6) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.32, compared to a current price of €0.45 — trading 40% above its estimated fair value. The current Scaled Net Operating Assets is 0.63. Baked Games' overall GF Score™ is 66/100 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 Baked Games (FRA:4U6), the current Scaled Net Operating Assets is 0.63 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 Baked Games (FRA:4U6) Overvalued in 2026?
Based on GuruFocus' analysis, Baked Games stock appears to be overvalued.
The current stock price of €0.45 is trading 40% above its estimated GF Value™ of €0.32.
GuruFocus considers Baked Games to be Significantly Overvalued.
Key valuation signals for FRA:4U6:
Scaled Net Operating Assets: 0.63
GF Value™: €0.32 vs. price of €0.45 (40% above fair value)
No single metric tells the full story. See the FRA:4U6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Baked Games SA is a gaming studio. It acts as a developer of games published by third parties publishers, with the proviso that the company has released its own games for mobile platforms, App Store and Google Play. In this model, after creating the game, the developer hands it over to the publisher, who commercializes it and incurs the related expenses. Some of its games are Prison Simulator, Alaska Gold Fever, and Security Guard among others.
66GF Score
Get the complete analysis for FRA:4U6
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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