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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Zip Co's operating assets for the quarter that ended in Dec. 2025 was €2,158.2 Mil. Zip Co's operating liabilities for the quarter that ended in Dec. 2025 was €439.2 Mil. Zip Co's Total Assets for the quarter that ended in Jun. 2025 was €1,978.2 Mil. Therefore, Zip Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.87.
Zip Co Scaled Net Operating Assets Historical Data
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The historical data trend for Zip 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.
FRA:YRRA vs V, MA, AXP: Scaled Net Operating Assets Comparison
For the Credit Services subindustry, Zip 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.
Zip Co Scaled Net Operating Assets vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Zip Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Zip Co's Scaled Net Operating Assets falls into.
* 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 0.87 mean?
Zip Co (FRA:YRRA) has a Scaled Net Operating Assets of 0.87 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 Zip Co and its competitors.
Is Zip Co's Scaled Net Operating Assets too high?
Zip Co's current Scaled Net Operating Assets is 0.87. Overall, Zip Co has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zip Co's Scaled Net Operating Assets compare to V and MA?
Zip Co's Scaled Net Operating Assets of 0.87 can be compared against companies in the Credit 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 Credit Services company?
A good Scaled Net Operating Assets depends on the Credit 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 Zip Co and its competitors. Zip Co's current Scaled Net Operating Assets is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zip Co stock overvalued right now?
Based on GuruFocus' analysis, Zip Co (FRA:YRRA) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.27, compared to a current price of €1.51 — trading 18.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.87. Zip Co's overall GF Score™ is 72/100 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 Zip Co (FRA:YRRA), the current Scaled Net Operating Assets is 0.87 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 Zip Co (FRA:YRRA) Overvalued in 2026?
Based on GuruFocus' analysis, Zip Co stock appears to be overvalued.
The current stock price of €1.51 is trading 18.9% above its estimated GF Value™ of €1.27.
GuruFocus considers Zip Co to be Modestly Overvalued.
Key valuation signals for FRA:YRRA:
Scaled Net Operating Assets: 0.87
GF Value™: €1.27 vs. price of €1.51 (18.9% above fair value)
No single metric tells the full story. See the FRA:YRRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zip is a credit provider operating two segments: Australia and New Zealand, and the US. Founded in Australia in 2013, it has over 6 million active customers and partners with over 85,000 merchants. In Australia, Zip positions itself as a credit card alternative, with several revolving credit products. Customers can carry the balance over time with a monthly fee and set their own repayment schedule. The US and New Zealand offering is a far more vanilla BNPL offering: Pay-in-4 in New Zealand and Pay-in-Z in the US, where customers pay back in fixed instalments. The US segment is built on the 2020 acquisition of QuadPay and has recently become Zip's largest and fastest-growing segment.
72GF Score
Get the complete analysis for FRA:YRRA
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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