iFOREX Financial Trading Holdings (FRA:68Z) Scaled Net Operating Assets: 0.26 (As of Dec. 2025)

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FRA:68Z iFOREX Financial Trading Holdings Ltd FRA:68Z
27 GF Score
Price €2.21
! 2 Warning Signs
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What is iFOREX Financial Trading Holdings Scaled Net Operating Assets?

iFOREX Financial Trading Holdings FRA:68Z -0.45% 27 Scaled Net Operating Assets is 0.26 as of Dec. 2025. GuruFocus rates FRA:68Z with a GF Score™ of 27/100. 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.

iFOREX Financial Trading Holdings's operating assets for the quarter that ended in Dec. 2025 was €8.26 Mil. iFOREX Financial Trading Holdings's operating liabilities for the quarter that ended in Dec. 2025 was €3.35 Mil. iFOREX Financial Trading Holdings's Total Assets for the quarter that ended in Dec. 2024 was €19.22 Mil. Therefore, iFOREX Financial Trading Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.26.


iFOREX Financial Trading Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for iFOREX Financial Trading Holdings'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.

iFOREX Financial Trading Holdings Scaled Net Operating Assets Chart

iFOREX Financial Trading Holdings Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.08 0.17 0.13 0.26

iFOREX Financial Trading Holdings Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets 0.08 0.17 0.13 0.26

FRA:68Z vs MS, GS, SCHW: Scaled Net Operating Assets Comparison

For the Capital Markets subindustry, iFOREX Financial Trading Holdings'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.


iFOREX Financial Trading Holdings Scaled Net Operating Assets vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, iFOREX Financial Trading Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where iFOREX Financial Trading Holdings's Scaled Net Operating Assets falls into.


FRA:68Z
27GF Score
iFOREX Financial Trading Holdings Ltd FRA:68Z
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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iFOREX Financial Trading Holdings 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.

iFOREX Financial Trading Holdings'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 )
=(8.262-3.346)/19.217
=0.26

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13.561 - 5.299
=8.262

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.729 - 1.043 - 0.34
=3.346

iFOREX Financial Trading Holdings'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: Dec. 2024 )
=(8.262-3.346)/19.217
=0.26

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13.561 - 5.299
=8.262

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.729 - 1.043 - 0.34
=3.346

* 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 0.26 mean?
iFOREX Financial Trading Holdings (FRA:68Z) has a Scaled Net Operating Assets of 0.26 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 iFOREX Financial Trading Holdings and its competitors.
Is iFOREX Financial Trading Holdings' Scaled Net Operating Assets too high?
iFOREX Financial Trading Holdings' current Scaled Net Operating Assets is 0.26. Overall, iFOREX Financial Trading Holdings has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does iFOREX Financial Trading Holdings' Scaled Net Operating Assets compare to MS and GS?
iFOREX Financial Trading Holdings' Scaled Net Operating Assets of 0.26 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 iFOREX Financial Trading Holdings and its competitors. iFOREX Financial Trading Holdings's current Scaled Net Operating Assets is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iFOREX Financial Trading Holdings stock overvalued right now?
iFOREX Financial Trading Holdings (FRA:68Z) has a current Scaled Net Operating Assets of 0.26. The current Scaled Net Operating Assets is 0.26. iFOREX Financial Trading Holdings' overall GF Score™ is 27/100 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 iFOREX Financial Trading Holdings (FRA:68Z), the current Scaled Net Operating Assets is 0.26 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.

iFOREX Financial Trading Holdings Business Description

Other Exchanges IFRX:UK
Address 85 Medinat Hayehudim, Herzliya, ISR, 4676670
iFOREX Financial Trading Holdings Ltd developed and operates a proprietary online and mobile CFD trading platform enabling its retail clients to trade CFDs across over 870 financial instruments comprising currencies, commodities, indices, stocks, cryptocurrencies and ETFs. It also offers educational resources to its clients allowing them to benefit from a wide variety of free training, support and educational resources to enhance their understanding of the world-wide markets, online trading and the available trading tools. It operates in one segment being from the online trading on CFDs through the Group's internally developed platform. Its revenues are generated from three sources: dealing spreads, overnight premiums, and gains (offset by losses) from client's trading positions.
27GF Score

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

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