SMG European Recovery SPAC SE (FRA:RCVR) Scaled Net Operating Assets: -11.48 (As of Jun. 2025)


FRA:RCVR SMG European Recovery SPAC SE FRA:RCVR
35 GF Score
Price €4.90
! 3 Warning Signs
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What is SMG European Recovery SPAC SE Scaled Net Operating Assets?

SMG European Recovery SPAC SE FRA:RCVR 35 Scaled Net Operating Assets is -11.48 as of Jun. 2025. GuruFocus rates FRA:RCVR with a GF Score™ of 35/100. The stock has 3 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.

SMG European Recovery SPAC SE's operating assets for the quarter that ended in Jun. 2025 was €1.33 Mil. SMG European Recovery SPAC SE's operating liabilities for the quarter that ended in Jun. 2025 was €16.59 Mil. SMG European Recovery SPAC SE's Total Assets for the quarter that ended in Dec. 2024 was €1.33 Mil. Therefore, SMG European Recovery SPAC SE's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2025 was -11.48.

SMG European Recovery SPAC SE Scaled Net Operating Assets Historical Data

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The historical data trend for SMG European Recovery SPAC SE'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.

SMG European Recovery SPAC SE Scaled Net Operating Assets Chart

SMG European Recovery SPAC SE Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
0.17 -9.76 -0.14 -0.47

SMG European Recovery SPAC SE Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Scaled Net Operating Assets Get a 7-Day Free Trial -0.12 -0.13 -0.34 -9.77 -11.48

FRA:RCVR vs AGLY, CCCX, CEPF: Scaled Net Operating Assets Comparison

For the Shell Companies subindustry, SMG European Recovery SPAC SE'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.

SMG European Recovery SPAC SE Scaled Net Operating Assets vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, SMG European Recovery SPAC SE's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where SMG European Recovery SPAC SE's Scaled Net Operating Assets falls into.


FRA:RCVR
35GF Score
SMG European Recovery SPAC SE FRA:RCVR
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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SMG European Recovery SPAC SE 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.

SMG European Recovery SPAC SE's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(1.329-16.423)/32.143
=-0.47

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.329 - 0
=1.329

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=16.443 - 0 - 0.02
=16.423

SMG European Recovery SPAC SE's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2025 )
=(Operating Assets (Q: Jun. 2025 )-Operating Liabilities (Q: Jun. 2025 ))/Total Assets (Q: Dec. 2024 )
=(1.329-16.59)/1.329
=-11.48

where

Operating Assets(Q: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.329 - 0
=1.329

Operating Liabilities(Q: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=16.643 - 0 - 0.053
=16.59

* 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 -11.48 mean?
SMG European Recovery SPAC SE (FRA:RCVR) has a Scaled Net Operating Assets of -11.48 as of Jun. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on SMG European Recovery SPAC SE and its competitors.
Is SMG European Recovery SPAC SE's Scaled Net Operating Assets too high?
SMG European Recovery SPAC SE's current Scaled Net Operating Assets is -11.48. Overall, SMG European Recovery SPAC SE has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does SMG European Recovery SPAC SE's Scaled Net Operating Assets compare to AGLY and CCCX?
SMG European Recovery SPAC SE's Scaled Net Operating Assets of -11.48 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Scaled Net Operating Assets depends on the Diversified Financial Services 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 SMG European Recovery SPAC SE and its competitors. SMG European Recovery SPAC SE's current Scaled Net Operating Assets is -11.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMG European Recovery SPAC SE stock overvalued right now?
SMG European Recovery SPAC SE (FRA:RCVR) has a current Scaled Net Operating Assets of -11.48. The current Scaled Net Operating Assets is -11.48. SMG European Recovery SPAC SE's overall GF Score™ is 35/100 with 3 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 SMG European Recovery SPAC SE (FRA:RCVR), the current Scaled Net Operating Assets is -11.48 as of Jun. 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.

SMG European Recovery SPAC SE Business Description

Address 9, rue de Bitbourg, Luxembourg, LUX, L-1273
SMG European Recovery SPAC SE is a special-purpose acquisition company that intends to seek a suitable target for the Business Combination in the real estate-related hospitality sector with a focus on the sub-sector lodging and leisure.
35GF 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.

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