Ebro Foods (FRA:AZU) Scaled Net Operating Assets: 0.66 (As of Dec. 2025)


FRA:AZU Ebro Foods SA FRA:AZU
73 GF Score
Price €17.78
GF Value €16.08
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Ebro Foods Scaled Net Operating Assets?

Ebro Foods FRA:AZU -1.77% 73 Scaled Net Operating Assets is 0.66 as of Dec. 2025. GuruFocus rates FRA:AZU with a GF Score™ of 73/100 and a GF Value™ of €16.08 (Modestly Overvalued). The stock has 3 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.

Ebro Foods's operating assets for the quarter that ended in Dec. 2025 was €3,642 Mil. Ebro Foods's operating liabilities for the quarter that ended in Dec. 2025 was €1,075 Mil. Ebro Foods's Total Assets for the quarter that ended in Jun. 2025 was €3,899 Mil. Therefore, Ebro Foods's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.66.


Ebro Foods Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Ebro Foods'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.

Ebro Foods Scaled Net Operating Assets Chart

Ebro Foods Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.70 0.65 0.68 0.64

Ebro Foods Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.64 0.65 0.65 0.62 0.66

FRA:AZU vs KHC, GIS, HRL: Scaled Net Operating Assets Comparison

For the Packaged Foods subindustry, Ebro Foods'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.


Ebro Foods Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ebro Foods's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:AZU
73GF Score
Ebro Foods SA FRA:AZU
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ebro Foods 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.

Ebro Foods'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 )
=(3641.748-1074.617)/4010.946
=0.64

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3942.802 - 301.054
=3641.748

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1600.705 - 267.453 - 258.635
=1074.617

Ebro Foods'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: Jun. 2025 )
=(3641.748-1074.617)/3898.749
=0.66

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3942.802 - 301.054
=3641.748

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1600.705 - 267.453 - 258.635
=1074.617

* 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 0.66 mean?
Ebro Foods (FRA:AZU) has a Scaled Net Operating Assets of 0.66 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 Ebro Foods and its competitors.
Is Ebro Foods' Scaled Net Operating Assets too high?
Ebro Foods' current Scaled Net Operating Assets is 0.66. Overall, Ebro Foods has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ebro Foods' Scaled Net Operating Assets compare to KHC and GIS?
Ebro Foods' Scaled Net Operating Assets of 0.66 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 Ebro Foods and its competitors. Ebro Foods's current Scaled Net Operating Assets is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ebro Foods stock overvalued right now?
Based on GuruFocus' analysis, Ebro Foods (FRA:AZU) is currently considered Modestly Overvalued. The stock's GF Value™ is €16.08, compared to a current price of €17.78 — trading 10.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.66. Ebro Foods' overall GF Score™ is 73/100 with 3 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 Ebro Foods (FRA:AZU), the current Scaled Net Operating Assets is 0.66 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.

Is Ebro Foods (FRA:AZU) Overvalued in 2026?

Based on GuruFocus' analysis, Ebro Foods stock appears to be overvalued. The current stock price of €17.78 is trading 10.6% above its estimated GF Value™ of €16.08. GuruFocus considers Ebro Foods to be Modestly Overvalued.

Key valuation signals for FRA:AZU:

  • Scaled Net Operating Assets: 0.66
  • GF Value™: €16.08 vs. price of €17.78 (10.6% above fair value)
  • GF Score™: 73/100 with 3 warning signs

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


Ebro Foods Business Description

Address Paseo de la Castellana, n 20, Madrid, ESP, 28046
Ebro Foods SA is a Spanish international food group operating in the pasta, rice, and sauces segments. The company is present in more than 25 countries in Europe, North America, Asia, and Africa, through its wide network of subsidiaries and brands. The core businesses are rice and pasta, offered in dry, fresh, precooked, and frozen varieties. Aside from pasta and rice, Ebro Food offers ready meals, fresh potato, sauces among others. The largest geographical segment for the rice division is in Europe, followed by North America, Asia, and Africa. Pasta, sauces, and other products, accounting for almost half of revenue, are mainly present in Europe and North America.
73GF Score

Get the complete analysis for FRA:AZU

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

€17.78
Price
€16.08
GF Value