Republic Airways Holdings (FRA:M2A0) Scaled Net Operating Assets: 0.72 (As of Mar. 2026)


FRA:M2A0 Republic Airways Holdings Inc FRA:M2A0
32 GF Score
Price €15.70
! 5 Warning Signs
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What is Republic Airways Holdings Scaled Net Operating Assets?

Republic Airways Holdings FRA:M2A0 32 Scaled Net Operating Assets is 0.72 as of Mar. 2026. GuruFocus rates FRA:M2A0 with a GF Score™ of 32/100. 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.

Republic Airways Holdings's operating assets for the quarter that ended in Mar. 2026 was €2,587.7 Mil. Republic Airways Holdings's operating liabilities for the quarter that ended in Mar. 2026 was €583.4 Mil. Republic Airways Holdings's Total Assets for the quarter that ended in Dec. 2025 was €2,798.2 Mil. Therefore, Republic Airways Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.72.


Republic Airways Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Republic Airways 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.

Republic Airways Holdings Scaled Net Operating Assets Chart

Republic Airways Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.00 0.00 0.75 0.73

Republic Airways Holdings Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec23 Mar24 Dec24 Mar25 Dec25 Mar26
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 0.00 0.00 0.69 0.76 0.72

FRA:M2A0 vs FLYX, SRFM, FLYYQ: Scaled Net Operating Assets Comparison

For the Airlines subindustry, Republic Airways 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.


Republic Airways Holdings Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, Republic Airways Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Republic Airways Holdings's Scaled Net Operating Assets falls into.


FRA:M2A0
32GF Score
Republic Airways Holdings Inc FRA:M2A0
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Republic Airways 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.

Republic Airways 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 )
=(2545.005-617.271)/2643.249
=0.73

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2798.216 - 253.211
=2545.005

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1663.677 - 859.807 - 186.599
=617.271

Republic Airways Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(2587.734-583.356)/2798.216
=0.72

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2824.225 - 236.491
=2587.734

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1655.004 - 889.825 - 181.823
=583.356

* 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 0.72 mean?
Republic Airways Holdings (FRA:M2A0) has a Scaled Net Operating Assets of 0.72 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 Republic Airways Holdings and its competitors.
Is Republic Airways Holdings' Scaled Net Operating Assets too high?
Republic Airways Holdings' current Scaled Net Operating Assets is 0.72. Overall, Republic Airways Holdings has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Republic Airways Holdings' Scaled Net Operating Assets compare to FLYX and SRFM?
Republic Airways Holdings' Scaled Net Operating Assets of 0.72 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 Republic Airways Holdings and its competitors. Republic Airways Holdings's current Scaled Net Operating Assets is 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Republic Airways Holdings stock overvalued right now?
Republic Airways Holdings (FRA:M2A0) has a current Scaled Net Operating Assets of 0.72. The current Scaled Net Operating Assets is 0.72. Republic Airways Holdings' overall GF Score™ is 32/100 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 Republic Airways Holdings (FRA:M2A0), the current Scaled Net Operating Assets is 0.72 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.

Republic Airways Holdings Business Description

Other Exchanges RJET:USA
Address 2 Brickyard Lane, Carmel, IN, USA, 46032
Republic Airways Holdings Inc is a regional airline mainly in North America. The company provides scheduled passenger service through its mainline partnerships with American Airlines, Delta Air Lines, and United Airlines. Republic offers scheduled passenger service on several daily flights to various cities in the United States, Canada, Mexico, and the Caribbean. It exclusively operates the dual-class Embraer E170/175 family of aircraft, and provides its services under the American Eagle, Delta Connection, or United Express brands. The company is organized and operates as one operating and reportable segment: regional airline services.
32GF Score

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