Fountain Set (Holdings) (FRA:FOV) Scaled Net Operating Assets: 0.46 (As of Dec. 2025)


FRA:FOV Fountain Set (Holdings) Ltd FRA:FOV
50 GF Score
Price €0.06
GF Value €0.05
! 5 Warning Signs
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What is Fountain Set (Holdings) Scaled Net Operating Assets?

Fountain Set (Holdings) FRA:FOV 50 Scaled Net Operating Assets is 0.46 as of Dec. 2025. GuruFocus rates FRA:FOV with a GF Score™ of 50/100 and a GF Value™ of €0.05. 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.

Fountain Set (Holdings)'s operating assets for the quarter that ended in Dec. 2025 was €326.8 Mil. Fountain Set (Holdings)'s operating liabilities for the quarter that ended in Dec. 2025 was €94.1 Mil. Fountain Set (Holdings)'s Total Assets for the quarter that ended in Jun. 2025 was €506.5 Mil. Therefore, Fountain Set (Holdings)'s scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.46.


Fountain Set (Holdings) Scaled Net Operating Assets Historical Data

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The historical data trend for Fountain Set (Holdings)'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.

Fountain Set (Holdings) Scaled Net Operating Assets Chart

Fountain Set (Holdings) 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 0.67 0.49 0.46 0.50 0.41

Fountain Set (Holdings) 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 0.50 0.51 0.52 0.46 0.46

Fountain Set (Holdings) Scaled Net Operating Assets Competitor Comparison

For the Textile Manufacturing subindustry, Fountain Set (Holdings)'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.


Fountain Set (Holdings) Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fountain Set (Holdings)'s Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Fountain Set (Holdings)'s Scaled Net Operating Assets falls into.


FRA:FOV
50GF Score
Fountain Set (Holdings) Ltd FRA:FOV
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Fountain Set (Holdings) 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.

Fountain Set (Holdings)'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 )
=(326.843-94.072)/566.928
=0.41

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=496.662 - 169.819
=326.843

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=114.478 - 16.434 - 3.972
=94.072

Fountain Set (Holdings)'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 )
=(326.843-94.072)/506.542
=0.46

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=496.662 - 169.819
=326.843

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=114.478 - 16.434 - 3.972
=94.072

* 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 0.46 mean?
Fountain Set (Holdings) (FRA:FOV) has a Scaled Net Operating Assets of 0.46 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 Fountain Set (Holdings) and its competitors.
Is Fountain Set (Holdings)'s Scaled Net Operating Assets too high?
Fountain Set (Holdings)'s current Scaled Net Operating Assets is 0.46. Overall, Fountain Set (Holdings) has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Fountain Set (Holdings)'s Scaled Net Operating Assets compare to competitors?
Fountain Set (Holdings)'s Scaled Net Operating Assets of 0.46 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Scaled Net Operating Assets depends on the Manufacturing - Apparel & Accessories 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 Fountain Set (Holdings) and its competitors. Fountain Set (Holdings)'s current Scaled Net Operating Assets is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fountain Set (Holdings) stock overvalued right now?
Fountain Set (Holdings) (FRA:FOV) has a current Scaled Net Operating Assets of 0.46. The stock's GF Value™ is €0.05, compared to a current price of €0.06 — trading 22% above its estimated fair value. The current Scaled Net Operating Assets is 0.46. Fountain Set (Holdings)'s overall GF Score™ is 50/100 with 5 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 Fountain Set (Holdings) (FRA:FOV), the current Scaled Net Operating Assets is 0.46 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 Fountain Set (Holdings) (FRA:FOV) Overvalued in 2026?

Based on GuruFocus' analysis, Fountain Set (Holdings) stock appears to be overvalued. The current stock price of €0.06 is trading 22% above its estimated GF Value™ of €0.05.

Key valuation signals for FRA:FOV:

  • Scaled Net Operating Assets: 0.46
  • GF Value™: €0.05 vs. price of €0.06 (22% above fair value)
  • GF Score™: 50/100 with 5 warning signs

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


Fountain Set (Holdings) Business Description

Other Exchanges 00420:Hong Kong
Address 29-39 Kwai Cheong Road, Block A, 6th Floor, Eastern Sea Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
Fountain Set (Holdings) Ltd and its subsidiaries are circularly knitted fabric manufacturers. It provides vertically integrated operations in fabric knitting, dyeing, printing, and finishing. In addition, the group's product range also includes garments. The company supplies knitted fabric to garment manufacturers for apparel products like sportswear, casual wear, sleepwear, and innerwear. The operating segments of the company are the production and sales of dyed fabrics and yarns, and the Production and sales of garments. The group operates in Hong Kong, China, Taiwan, Korea, Sri Lanka, America, Europe, Vietnam and Others, of which maximum revenue is generated from The PRC.
50GF Score

Get the complete analysis for FRA:FOV

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

€0.06
Price
€0.05
GF Value