Planet Labs PBC (FRA:85H1) Scaled Net Operating Assets: 0.18 (As of Apr. 2026)

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FRA:85H1 Planet Labs PBC FRA:85H1
42 GF Score
Price €21.20
GF Value €4.68
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Planet Labs PBC Scaled Net Operating Assets?

Planet Labs PBC FRA:85H1 -4.50% 42 Scaled Net Operating Assets is 0.18 as of Apr. 2026. GuruFocus rates FRA:85H1 with a GF Score™ of 42/100 and a GF Value™ of €4.68 (Significantly Overvalued). 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.

Planet Labs PBC's operating assets for the quarter that ended in Apr. 2026 was €445.1 Mil. Planet Labs PBC's operating liabilities for the quarter that ended in Apr. 2026 was €273.3 Mil. Planet Labs PBC's Total Assets for the quarter that ended in Jan. 2026 was €975.0 Mil. Therefore, Planet Labs PBC's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.18.


Planet Labs PBC Scaled Net Operating Assets Historical Data

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The historical data trend for Planet Labs PBC'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.

Planet Labs PBC Scaled Net Operating Assets Chart

Planet Labs PBC Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.43 0.24 0.32 0.36 0.02

Planet Labs PBC Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.35 0.27 0.19 0.01 0.18

FRA:85H1 vs SARO, KTOS, HII: Scaled Net Operating Assets Comparison

For the Aerospace & Defense subindustry, Planet Labs PBC'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.


Planet Labs PBC Scaled Net Operating Assets vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Planet Labs PBC's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:85H1
42GF Score
Planet Labs PBC FRA:85H1
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Planet Labs PBC 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.

Planet Labs PBC's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jan. 2026 )
=(Operating Assets (A: Jan. 2026 )-Operating Liabilities (A: Jan. 2026 ))/Total Assets (A: Jan. 2025 )
=(430.262-421.053)/612.247
=0.02

where

Operating Assets(A: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=974.979 - 544.717
=430.262

Operating Liabilities(A: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=814.624 - 387.362 - 6.209
=421.053

Planet Labs PBC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Jan. 2026 )
=(445.11-273.337)/974.979
=0.18

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1069.974 - 624.864
=445.11

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=690.607 - 414.37 - 2.9
=273.337

* 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 0.18 mean?
Planet Labs PBC (FRA:85H1) has a Scaled Net Operating Assets of 0.18 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Planet Labs PBC and its competitors.
Is Planet Labs PBC's Scaled Net Operating Assets too high?
Planet Labs PBC's current Scaled Net Operating Assets is 0.18. Overall, Planet Labs PBC has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Planet Labs PBC's Scaled Net Operating Assets compare to SARO and KTOS?
Planet Labs PBC's Scaled Net Operating Assets of 0.18 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Scaled Net Operating Assets depends on the Aerospace & Defense 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 Planet Labs PBC and its competitors. Planet Labs PBC's current Scaled Net Operating Assets is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Planet Labs PBC stock overvalued right now?
Based on GuruFocus' analysis, Planet Labs PBC (FRA:85H1) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.68, compared to a current price of €21.20 — trading 353% above its estimated fair value. The current Scaled Net Operating Assets is 0.18. Planet Labs PBC's overall GF Score™ is 42/100 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 Planet Labs PBC (FRA:85H1), the current Scaled Net Operating Assets is 0.18 as of Apr. 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 Planet Labs PBC (FRA:85H1) Overvalued in 2026?

Based on GuruFocus' analysis, Planet Labs PBC stock appears to be overvalued. The current stock price of €21.20 is trading 353% above its estimated GF Value™ of €4.68. GuruFocus considers Planet Labs PBC to be Significantly Overvalued.

Key valuation signals for FRA:85H1:

  • Scaled Net Operating Assets: 0.18
  • GF Value™: €4.68 vs. price of €21.20 (353% above fair value)
  • GF Score™: 42/100 with 2 warning signs

No single metric tells the full story. See the FRA:85H1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Planet Labs PBC Business Description

Other Exchanges PL:USA1PLL:Italy
Address 645 Harrison Street, 4th Floor, San Francisco, CA, USA, 94107
Planet Labs PBC is an Earth-imaging company. It uses space to help life on Earth by imaging the world every day and making change visible, accessible, and actionable. Its platform includes imagery, insights, and machine learning that empower companies, governments, and communities around the world to make timely decisions about the evolving world. Its solutions are Broad Area Management. Its products are Planet Monitoring, Planet Tasking, Planet Analytic Feeds, Planetary Variables, Planet Basemaps, Planet Insights, and Platform Pricing. The group provides solutions to the Agriculture Science Program, Energy & Infrastructure, Forestry & Land Use, Mapping, Sustainability, Maritime, Civil Government, U.S. State and Local, Europe, Planet Federal, Defense & Intelligence, and Armed Services.
42GF 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.

€21.20
Price
€4.68
GF Value