Pininfarina SpA (FRA:PNF) Scaled Net Operating Assets: 0.29 (As of Mar. 2026)


FRA:PNF Pininfarina SpA FRA:PNF
52 GF Score
Price €0.76
GF Value €1.08
Valuation Possible Value Trap
! 5 Warning Signs
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What is Pininfarina SpA Scaled Net Operating Assets?

Pininfarina SpA FRA:PNF -0.53% 52 Scaled Net Operating Assets is 0.29 as of Mar. 2026. GuruFocus rates FRA:PNF with a GF Score™ of 52/100 and a GF Value™ of €1.08 (Possible Value Trap). 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.

Pininfarina SpA's operating assets for the quarter that ended in Mar. 2026 was €88.8 Mil. Pininfarina SpA's operating liabilities for the quarter that ended in Mar. 2026 was €56.5 Mil. Pininfarina SpA's Total Assets for the quarter that ended in Dec. 2025 was €110.4 Mil. Therefore, Pininfarina SpA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.29.


Pininfarina SpA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Pininfarina SpA'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.

Pininfarina SpA Scaled Net Operating Assets Chart

Pininfarina SpA 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 0.14 0.18 0.16 0.16 0.10

Pininfarina SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.24 0.21 0.23 0.09 0.29

FRA:PNF vs TSLA, GM, F: Scaled Net Operating Assets Comparison

For the Auto Manufacturers subindustry, Pininfarina SpA'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.


Pininfarina SpA Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pininfarina SpA's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:PNF
52GF Score
Pininfarina SpA FRA:PNF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Pininfarina SpA 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.

Pininfarina SpA'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 )
=(84.953-76.125)/91.326
=0.10

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=110.384 - 25.431
=84.953

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=81.946 - 3.334 - 2.487
=76.125

Pininfarina SpA'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 )
=(88.75-56.459)/110.384
=0.29

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=111.162 - 22.412
=88.75

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=81.906 - 3.09 - 22.357
=56.459

* 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 0.29 mean?
Pininfarina SpA (FRA:PNF) has a Scaled Net Operating Assets of 0.29 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 Pininfarina SpA and its competitors.
Is Pininfarina SpA's Scaled Net Operating Assets too high?
Pininfarina SpA's current Scaled Net Operating Assets is 0.29. Overall, Pininfarina SpA has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pininfarina SpA's Scaled Net Operating Assets compare to TSLA and GM?
Pininfarina SpA's Scaled Net Operating Assets of 0.29 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 Pininfarina SpA and its competitors. Pininfarina SpA's current Scaled Net Operating Assets is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pininfarina SpA stock overvalued right now?
Based on GuruFocus' analysis, Pininfarina SpA (FRA:PNF) is currently considered Possible Value Trap. The stock's GF Value™ is €1.08, compared to a current price of €0.76 — trading 30% below its estimated fair value. The current Scaled Net Operating Assets is 0.29. Pininfarina SpA's overall GF Score™ is 52/100 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 Pininfarina SpA (FRA:PNF), the current Scaled Net Operating Assets is 0.29 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 Pininfarina SpA (FRA:PNF) Overvalued in 2026?

Based on GuruFocus' analysis, Pininfarina SpA stock appears to be undervalued. The current stock price of €0.76 is trading 30% below its estimated GF Value™ of €1.08. GuruFocus considers Pininfarina SpA to be Possible Value Trap.

Key valuation signals for FRA:PNF:

  • Scaled Net Operating Assets: 0.29
  • GF Value™: €1.08 vs. price of €0.76 (30% below fair value)
  • GF Score™: 52/100 with 5 warning signs

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


Pininfarina SpA Business Description

Other Exchanges PINF:ItalyPNF:Germany
Address Via Nazionale 30, Cambiano, Turin, ITA, 10020
Pininfarina SpA is an Italian company engaged in the production, development, designing, engineering, and manufacturing of vehicles in Italy, Germany, and China. It offers various services including automotive design, transportation design, architecture, and interior design in the fields of residential, hospitality, sport and commercial structures, industrial design, engineering, wind tunnel, sustainable mobility, and exclusive vehicles - restorations. The company has two reportable segments design and engineering, majority of revenue is generated from the Design segment. The company's geographical segment consists of Italy, Germany, China, USA. The majority of revenue is generated from non-EU countries.
52GF Score

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

€0.76
Price
€1.08
GF Value