AdCapital AG (FRA:ADC) Scaled Net Operating Assets: 0.32 (As of Jun. 2025)


What is AdCapital AG Scaled Net Operating Assets?

AdCapital AG FRA:ADC Scaled Net Operating Assets is 0.32 as of Jun. 2025. The stock has 5 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.

AdCapital AG's operating assets for the quarter that ended in Jun. 2025 was €100.5 Mil. AdCapital AG's operating liabilities for the quarter that ended in Jun. 2025 was €67.1 Mil. AdCapital AG's Total Assets for the quarter that ended in Dec. 2024 was €103.2 Mil. Therefore, AdCapital AG's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2025 was 0.32.

AdCapital AG Scaled Net Operating Assets Historical Data

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The historical data trend for AdCapital AG'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.

AdCapital AG Scaled Net Operating Assets Chart

AdCapital AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.76 0.63 0.65 0.59

AdCapital AG Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.39 0.64 0.42 0.58 0.32

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

For the Asset Management subindustry, AdCapital AG'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.

AdCapital AG Scaled Net Operating Assets vs Asset Management Industry

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

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


AdCapital AG 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.

AdCapital AG's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(99.349-32.823)/112.027
=0.59

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=103.245 - 3.896
=99.349

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=62.242 - 7.956 - 21.463
=32.823

AdCapital AG's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2025 )
=(Operating Assets (Q: Jun. 2025 )-Operating Liabilities (Q: Jun. 2025 ))/Total Assets (Q: Dec. 2024 )
=(100.488-67.134)/103.245
=0.32

where

Operating Assets(Q: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=102.773 - 2.285
=100.488

Operating Liabilities(Q: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=67.134 - 0 - 0
=67.134

* 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 0.32 mean?
AdCapital AG (FRA:ADC) has a Scaled Net Operating Assets of 0.32 as of Jun. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on AdCapital AG and its competitors.
Is AdCapital AG's Scaled Net Operating Assets too high?
AdCapital AG's current Scaled Net Operating Assets is 0.32.
How does AdCapital AG's Scaled Net Operating Assets compare to BLK and BX?
AdCapital AG's Scaled Net Operating Assets of 0.32 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 AdCapital AG and its competitors. AdCapital AG's current Scaled Net Operating Assets is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AdCapital AG stock overvalued right now?
Based on GuruFocus' analysis, AdCapital AG (FRA:ADC) is currently considered Significantly Undervalued. The stock's GF Value™ is €1.47, compared to a current price of €0.00 — trading 99.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.32. 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 AdCapital AG (FRA:ADC), the current Scaled Net Operating Assets is 0.32 as of Jun. 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.

AdCapital AG Business Description

Other Exchanges ADC:Germany
Address Im Ermlisgrund 11, Waldbronn, BW, DEU, 76337
AdCapital AG is an industrial holding company that invests in and manages companies in industries including electrical engineering, metal and plastic processing, machinery and tool manufacturing, and automotive sectors. Its portfolio includes subsidiaries: BDT Bavaria Digital Technik GmbH, Erich Jaeger GmbH + Co. KG, EW Hof Drives and Systems GmbH, FRAKO Kondensatoren- und Anlagenbau GmbH, KTS Kunststoff Technik Schmölln GmbH and Taller GmbH. The company generates maximum revenue through its subsidiary in the automotive industry. AdCapital's operations are geographically centered in Europe, particularly Germany.