Mulberry Group (FRA:MUY) Scaled Net Operating Assets: 0.48 (As of Sep. 2025)


FRA:MUY Mulberry Group PLC FRA:MUY
38 GF Score
Price €1.45
GF Value €0.91
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Mulberry Group Scaled Net Operating Assets?

Mulberry Group FRA:MUY 38 Scaled Net Operating Assets is 0.48 as of Sep. 2025. GuruFocus rates FRA:MUY with a GF Score™ of 38/100 and a GF Value™ of €0.91 (Significantly Overvalued). The stock has 9 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.

Mulberry Group's operating assets for the quarter that ended in Sep. 2025 was €87.8 Mil. Mulberry Group's operating liabilities for the quarter that ended in Sep. 2025 was €37.7 Mil. Mulberry Group's Total Assets for the quarter that ended in Mar. 2025 was €103.6 Mil. Therefore, Mulberry Group's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2025 was 0.48.


Mulberry Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Mulberry Group'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.

Mulberry Group Scaled Net Operating Assets Chart

Mulberry Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.69 0.88 0.55 0.40

Mulberry Group Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.67 0.62 0.56 0.45 0.48

FRA:MUY vs NKE, DECK, ONON: Scaled Net Operating Assets Comparison

For the Footwear & Accessories subindustry, Mulberry Group'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.


Mulberry Group Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mulberry Group's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:MUY
38GF Score
Mulberry Group PLC FRA:MUY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Mulberry Group 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.

Mulberry Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2025 )
=(Operating Assets (A: Mar. 2025 )-Operating Liabilities (A: Mar. 2025 ))/Total Assets (A: Mar. 2024 )
=(93.808-39.15)/137.611
=0.40

where

Operating Assets(A: Mar. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=103.608 - 9.8
=93.808

Operating Liabilities(A: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=116.488 - 44.175 - 33.163
=39.15

Mulberry Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2025 )
=(Operating Assets (Q: Sep. 2025 )-Operating Liabilities (Q: Sep. 2025 ))/Total Assets (Q: Mar. 2025 )
=(87.753-37.736)/103.608
=0.48

where

Operating Assets(Q: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=96.043 - 8.29
=87.753

Operating Liabilities(Q: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=116.222 - 49.527 - 28.959
=37.736

* 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 0.48 mean?
Mulberry Group (FRA:MUY) has a Scaled Net Operating Assets of 0.48 as of Sep. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Mulberry Group and its competitors.
Is Mulberry Group's Scaled Net Operating Assets too high?
Mulberry Group's current Scaled Net Operating Assets is 0.48. Overall, Mulberry Group has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mulberry Group's Scaled Net Operating Assets compare to NKE and DECK?
Mulberry Group's Scaled Net Operating Assets of 0.48 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 Mulberry Group and its competitors. Mulberry Group's current Scaled Net Operating Assets is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mulberry Group stock overvalued right now?
Based on GuruFocus' analysis, Mulberry Group (FRA:MUY) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.91, compared to a current price of €1.45 — trading 59.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.48. Mulberry Group's overall GF Score™ is 38/100 with 9 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 Mulberry Group (FRA:MUY), the current Scaled Net Operating Assets is 0.48 as of Sep. 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 Mulberry Group (FRA:MUY) Overvalued in 2026?

Based on GuruFocus' analysis, Mulberry Group stock appears to be overvalued. The current stock price of €1.45 is trading 59.3% above its estimated GF Value™ of €0.91. GuruFocus considers Mulberry Group to be Significantly Overvalued.

Key valuation signals for FRA:MUY:

  • Scaled Net Operating Assets: 0.48
  • GF Value™: €0.91 vs. price of €1.45 (59.3% above fair value)
  • GF Score™: 38/100 with 9 warning signs

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


Mulberry Group Business Description

Other Exchanges MUL:UK
Address The Rookery, Chilcompton, Bath, Somerset, GBR, BA3 4EH
Mulberry Group PLC is a manufacturer of luxury leather goods in the United Kingdom. The Group designs, manufactures and manages its business under the Mulberry brand. The company operates in three geographical segments: UK, Asia Pacific, and Other international. Through its Omni Channel operations, the UK segment generates the majority of the revenue for the company.
38GF Score

Get the complete analysis for FRA:MUY

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

€1.45
Price
€0.91
GF Value