Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Emerald Holding's operating assets for the quarter that ended in Mar. 2026 was €971.0 Mil. Emerald Holding's operating liabilities for the quarter that ended in Mar. 2026 was €343.8 Mil. Emerald Holding's Total Assets for the quarter that ended in Dec. 2025 was €1,035.7 Mil. Therefore, Emerald Holding's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.61.
Emerald Holding Scaled Net Operating Assets Related Terms
Emerald Holding Scaled Net Operating Assets Historical Data
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The historical data trend for Emerald Holding'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:EM7 vs CRTO, EVC, QNST: Scaled Net Operating Assets Comparison
For the Advertising Agencies subindustry, Emerald Holding'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.
Emerald Holding Scaled Net Operating Assets vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Emerald Holding's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Emerald Holding'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 0.61 mean?
Emerald Holding (FRA:EM7) has a Scaled Net Operating Assets of 0.61 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 Emerald Holding and its competitors.
Is Emerald Holding's Scaled Net Operating Assets too high?
Emerald Holding's current Scaled Net Operating Assets is 0.61. Overall, Emerald Holding has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emerald Holding's Scaled Net Operating Assets compare to CRTO and EVC?
Emerald Holding's Scaled Net Operating Assets of 0.61 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Scaled Net Operating Assets depends on the Media - Diversified 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 Emerald Holding and its competitors. Emerald Holding's current Scaled Net Operating Assets is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Holding stock overvalued right now?
Based on GuruFocus' analysis, Emerald Holding (FRA:EM7) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.21, compared to a current price of €4.30 — trading 94.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.61. Emerald Holding's overall GF Score™ is 52/100 with 6 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 Emerald Holding (FRA:EM7), the current Scaled Net Operating Assets is 0.61 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 Emerald Holding (FRA:EM7) Overvalued in 2026?
Based on GuruFocus' analysis, Emerald Holding stock appears to be overvalued.
The current stock price of €4.30 is trading 94.6% above its estimated GF Value™ of €2.21.
GuruFocus considers Emerald Holding to be Significantly Overvalued.
Key valuation signals for FRA:EM7:
Scaled Net Operating Assets: 0.61
GF Value™: €2.21 vs. price of €4.30 (94.6% above fair value)
No single metric tells the full story. See the FRA:EM7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emerald Holding Inc is a business-to-business (B2B) event organizer principally in the United States, with operations in the United Kingdom (U.K.), France, and other markets. The company is engaged in three complementary business lines: Connections division consists of a collection of B2B trade show franchises and other live events that provide exhibitors opportunities to engage with buyers and expand their brand's awareness in their industry; the Content division consists of B2B print publications and digital media products that complement existing trade show properties, and the Commerce division provides B2B e-commerce and digital merchandising solutions to manufacturers and retailers. Emerald's key revenue is derived from the Connections business, its only reportable segment.
52GF Score
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