Netstars Co (FRA:UK3) Scaled Net Operating Assets: -0.72 (As of Dec. 2025)


FRA:UK3 Netstars Co Ltd FRA:UK3
11 GF Score
Price €3.48
! 3 Warning Signs
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What is Netstars Co Scaled Net Operating Assets?

Netstars Co FRA:UK3 +3.57% 11 Scaled Net Operating Assets is -0.72 as of Dec. 2025. GuruFocus rates FRA:UK3 with a GF Score™ of 11/100. 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.

Netstars Co's operating assets for the quarter that ended in Dec. 2025 was €11.75 Mil. Netstars Co's operating liabilities for the quarter that ended in Dec. 2025 was €168.27 Mil. Netstars Co's Total Assets for the quarter that ended in Sep. 2025 was €217.96 Mil. Therefore, Netstars Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.72.


Netstars Co Scaled Net Operating Assets Historical Data

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The historical data trend for Netstars Co'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.

Netstars Co Scaled Net Operating Assets Chart

Netstars Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
-0.53 -0.65 -0.82 -0.92 -0.71

Netstars Co Quarterly Data
Dec21 Dec22 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 -0.73 -0.80 -0.72 -0.72 -0.79

FRA:UK3 vs MSFT, ORCL, PLTR: Scaled Net Operating Assets Comparison

For the Software - Infrastructure subindustry, Netstars Co'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.


Netstars Co Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Netstars Co's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:UK3
11GF Score
Netstars Co Ltd FRA:UK3
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Netstars Co 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.

Netstars Co'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 )
=(11.746-168.27)/221.9
=-0.71

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=210.079 - 198.333
=11.746

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=168.27 - 0 - 0
=168.27

Netstars Co'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: Sep. 2025 )
=(11.746-168.27)/217.961
=-0.72

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=210.079 - 198.333
=11.746

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=168.27 - 0 - 0
=168.27

* 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?
Netstars Co (FRA:UK3) has a Scaled Net Operating Assets of -0.72 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 Netstars Co and its competitors.
Is Netstars Co's Scaled Net Operating Assets too high?
Netstars Co's current Scaled Net Operating Assets is -0.72. Overall, Netstars Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Netstars Co's Scaled Net Operating Assets compare to MSFT and ORCL?
Netstars Co's Scaled Net Operating Assets of -0.72 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Netstars Co and its competitors. Netstars Co'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 Netstars Co stock overvalued right now?
Netstars Co (FRA:UK3) has a current Scaled Net Operating Assets of -0.72. The current Scaled Net Operating Assets is -0.72. Netstars Co's overall GF Score™ is 11/100 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 Netstars Co (FRA:UK3), the current Scaled Net Operating Assets is -0.72 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.

Netstars Co Business Description

Other Exchanges 5590:Japan
Address 3-3-5 Hatchobori, 3rd Floor Sumitomo Fudosan Hatchobori Building, Chuo-ku, Tokyo, JPN, 104-0032
Netstars Co Ltd is an internet service company. its services are focused on three key areas: StarPay, its multi-cashless payment solution; StarPay-DX, which tackles store operation issues through labor-saving DX; and StarPay Global, which advances the cashless revolution overseas. The company concentrates its efforts on the fintech business, with payment at its foundation.
11GF 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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