Wizz Air Holdings (FRA:WI2) Scaled Net Operating Assets: 0.60 (As of Mar. 2026)


FRA:WI2 Wizz Air Holdings PLC FRA:WI2
73 GF Score
Price €14.18
GF Value €20.73
Valuation Possible Value Trap
! 7 Warning Signs
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What is Wizz Air Holdings Scaled Net Operating Assets?

Wizz Air Holdings FRA:WI2 -2.61% 73 Scaled Net Operating Assets is 0.60 as of Mar. 2026. GuruFocus rates FRA:WI2 with a GF Score™ of 73/100 and a GF Value™ of €20.73 (Possible Value Trap). The stock has 7 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.

Wizz Air Holdings's operating assets for the quarter that ended in Mar. 2026 was €9,406 Mil. Wizz Air Holdings's operating liabilities for the quarter that ended in Mar. 2026 was €3,361 Mil. Wizz Air Holdings's Total Assets for the quarter that ended in Sep. 2025 was €10,154 Mil. Therefore, Wizz Air Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.60.


Wizz Air Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Wizz Air Holdings'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.

Wizz Air Holdings Scaled Net Operating Assets Chart

Wizz Air Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.66 0.70 0.61 0.63

Wizz Air Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.63 0.59 0.57 0.57 0.60

FRA:WI2 vs DAL, UAL, LUV: Scaled Net Operating Assets Comparison

For the Airlines subindustry, Wizz Air Holdings'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.


Wizz Air Holdings Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, Wizz Air Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Wizz Air Holdings's Scaled Net Operating Assets falls into.


FRA:WI2
73GF Score
Wizz Air Holdings PLC FRA:WI2
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Wizz Air Holdings 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.

Wizz Air Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(9405.6-3361.3)/9635.4
=0.63

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11269.9 - 1864.3
=9405.6

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10341.5 - 6163.2 - 817
=3361.3

Wizz Air Holdings'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: Sep. 2025 )
=(9405.6-3361.3)/10153.6
=0.60

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11269.9 - 1864.3
=9405.6

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10341.5 - 6163.2 - 817
=3361.3

* 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 0.60 mean?
Wizz Air Holdings (FRA:WI2) has a Scaled Net Operating Assets of 0.60 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 Wizz Air Holdings and its competitors.
Is Wizz Air Holdings' Scaled Net Operating Assets too high?
Wizz Air Holdings' current Scaled Net Operating Assets is 0.60. Overall, Wizz Air Holdings has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wizz Air Holdings' Scaled Net Operating Assets compare to DAL and UAL?
Wizz Air Holdings' Scaled Net Operating Assets of 0.60 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 Wizz Air Holdings and its competitors. Wizz Air Holdings's current Scaled Net Operating Assets is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wizz Air Holdings stock overvalued right now?
Based on GuruFocus' analysis, Wizz Air Holdings (FRA:WI2) is currently considered Possible Value Trap. The stock's GF Value™ is €20.73, compared to a current price of €14.18 — trading 31.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.60. Wizz Air Holdings' overall GF Score™ is 73/100 with 7 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 Wizz Air Holdings (FRA:WI2), the current Scaled Net Operating Assets is 0.60 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 Wizz Air Holdings (FRA:WI2) Overvalued in 2026?

Based on GuruFocus' analysis, Wizz Air Holdings stock appears to be undervalued. The current stock price of €14.18 is trading 31.6% below its estimated GF Value™ of €20.73. GuruFocus considers Wizz Air Holdings to be Possible Value Trap.

Key valuation signals for FRA:WI2:

  • Scaled Net Operating Assets: 0.60
  • GF Value™: €20.73 vs. price of €14.18 (31.6% below fair value)
  • GF Score™: 73/100 with 7 warning signs

No single metric tells the full story. See the FRA:WI2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wizz Air Holdings Business Description

Address 44 The Esplanade, Saint Helier, JEY, JE4 9WG
Wizz Air is a leading ultra-low-cost airline group operating primarily across Europe, the Middle East, North Africa, and parts of Central and Western Asia. Founded in 2003, the company provides scheduled short- and medium-haul point-to-point services under the Wizz Air brand. As of March 2025, Wizz operated a fleet of 257 aircraft, serving around 185 destinations in over 46 countries. The fleet is primarily composed of Airbus A320neo aircraft, with an ongoing transition toward higher-capacity A321neo planes to support long-term unit cost efficiency.
73GF 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.

€14.18
Price
€20.73
GF Value