Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Hennge KK's operating assets for the quarter that ended in Mar. 2026 was €20.42 Mil. Hennge KK's operating liabilities for the quarter that ended in Mar. 2026 was €32.42 Mil. Hennge KK's Total Assets for the quarter that ended in Dec. 2025 was €50.15 Mil. Therefore, Hennge KK's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.24.
Hennge KK Scaled Net Operating Assets Related Terms
Hennge KK Scaled Net Operating Assets Historical Data
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The historical data trend for Hennge KK'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:90D vs MSFT, ORCL, PLTR: Scaled Net Operating Assets Comparison
For the Software - Infrastructure subindustry, Hennge KK'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.
Hennge KK Scaled Net Operating Assets vs Software Industry
For the Software industry and Technology sector, Hennge KK's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Hennge KK'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 -0.24 mean?
Hennge KK (FRA:90D) has a Scaled Net Operating Assets of -0.24 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 Hennge KK and its competitors.
Is Hennge KK's Scaled Net Operating Assets too high?
Hennge KK's current Scaled Net Operating Assets is -0.24. Overall, Hennge KK has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hennge KK's Scaled Net Operating Assets compare to MSFT and ORCL?
Hennge KK's Scaled Net Operating Assets of -0.24 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 Hennge KK and its competitors. Hennge KK's current Scaled Net Operating Assets is -0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hennge KK stock overvalued right now?
Based on GuruFocus' analysis, Hennge KK (FRA:90D) is currently considered Significantly Undervalued. The stock's GF Value™ is €10.22, compared to a current price of €5.58 — trading 45.4% below its estimated fair value. The current Scaled Net Operating Assets is -0.24. Hennge KK's overall GF Score™ is 60/100. 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 Hennge KK (FRA:90D), the current Scaled Net Operating Assets is -0.24 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 Hennge KK (FRA:90D) Overvalued in 2026?
Based on GuruFocus' analysis, Hennge KK stock appears to be undervalued.
The current stock price of €5.58 is trading 45.4% below its estimated GF Value™ of €10.22.
GuruFocus considers Hennge KK to be Significantly Undervalued.
Key valuation signals for FRA:90D:
Scaled Net Operating Assets: -0.24
GF Value™: €10.22 vs. price of €5.58 (45.4% below fair value)
No single metric tells the full story. See the FRA:90D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hennge KK is engaged in providing cloud security services. The company is developing the business, intending to contribute to development by structuring it in a way that makes it easier for companies to benefit and providing it as new value.
60GF 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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