Sino-German United AG (FRA:SGU) Scaled Net Operating Assets: 0.63 (As of Dec. 2025)


FRA:SGU Sino-German United AG FRA:SGU
43 GF Score
Price €0.13
GF Value €0.19
Valuation Possible Value Trap
! 4 Warning Signs
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What is Sino-German United AG Scaled Net Operating Assets?

Sino-German United AG FRA:SGU +8.33% 43 Scaled Net Operating Assets is 0.63 as of Dec. 2025. GuruFocus rates FRA:SGU with a GF Score™ of 43/100 and a GF Value™ of €0.19 (Possible Value Trap). The stock has 4 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.

Sino-German United AG's operating assets for the quarter that ended in Dec. 2025 was €1.51 Mil. Sino-German United AG's operating liabilities for the quarter that ended in Dec. 2025 was €0.07 Mil. Sino-German United AG's Total Assets for the quarter that ended in Jun. 2025 was €2.28 Mil. Therefore, Sino-German United AG's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.63.


Sino-German United AG Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Sino-German United AG'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.

Sino-German United AG Scaled Net Operating Assets Chart

Sino-German United AG 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 0.42 0.12 0.26 0.72 0.63

Sino-German United AG 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 0.23 0.60 0.72 0.75 0.63

FRA:SGU vs MS, GS, SCHW: Scaled Net Operating Assets Comparison

For the Capital Markets subindustry, Sino-German United AG'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.


Sino-German United AG Scaled Net Operating Assets vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sino-German United AG's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Sino-German United AG's Scaled Net Operating Assets falls into.


FRA:SGU
43GF Score
Sino-German United AG FRA:SGU
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Sino-German United AG 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.

Sino-German United AG'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 )
=(1.511-0.07)/2.282
=0.63

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.221 - 0.71
=1.511

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.027 - 0.957 - 0
=0.07

Sino-German United AG'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 )
=(1.511-0.07)/2.279
=0.63

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.221 - 0.71
=1.511

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.027 - 0.957 - 0
=0.07

* 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 0.63 mean?
Sino-German United AG (FRA:SGU) has a Scaled Net Operating Assets of 0.63 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 Sino-German United AG and its competitors.
Is Sino-German United AG's Scaled Net Operating Assets too high?
Sino-German United AG's current Scaled Net Operating Assets is 0.63. Overall, Sino-German United AG has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sino-German United AG's Scaled Net Operating Assets compare to MS and GS?
Sino-German United AG's Scaled Net Operating Assets of 0.63 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 Sino-German United AG and its competitors. Sino-German United AG's current Scaled Net Operating Assets is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino-German United AG stock overvalued right now?
Based on GuruFocus' analysis, Sino-German United AG (FRA:SGU) is currently considered Possible Value Trap. The stock's GF Value™ is €0.19, compared to a current price of €0.13 — trading 31.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.63. Sino-German United AG's overall GF Score™ is 43/100 with 4 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 Sino-German United AG (FRA:SGU), the current Scaled Net Operating Assets is 0.63 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 Sino-German United AG (FRA:SGU) Overvalued in 2026?

Based on GuruFocus' analysis, Sino-German United AG stock appears to be undervalued. The current stock price of €0.13 is trading 31.6% below its estimated GF Value™ of €0.19. GuruFocus considers Sino-German United AG to be Possible Value Trap.

Key valuation signals for FRA:SGU:

  • Scaled Net Operating Assets: 0.63
  • GF Value™: €0.19 vs. price of €0.13 (31.6% below fair value)
  • GF Score™: 43/100 with 4 warning signs

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


Sino-German United AG Business Description

Other Exchanges SGU:Germany
Address Maximilianstrasse 54, Munich, BY, DEU, 80538
Sino-German United AG is a trading company that focuses on the Chinese and German markets. The trading division of Sino-German United AG is currently focused on the trade in German consumer goods of daily use, Essentially the export of German premium beer to China. In addition, advising German and Chinese companies is part of the Corporate expertise to establish cooperation in economic and cultural promotion areas between China and Germany.
43GF Score

Get the complete analysis for FRA:SGU

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

€0.13
Price
€0.19
GF Value