FSESF (Marley Spoon Group SE) Scaled Net Operating Assets: 0.25 (As of Dec. 2025)


FSESF Marley Spoon Group SE FSESF
12 GF Score
Price $0.28
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What is Marley Spoon Group SE Scaled Net Operating Assets?

Marley Spoon Group SE FSESF 12 Scaled Net Operating Assets is 0.25 as of Dec. 2025. GuruFocus rates FSESF with a GF Score™ of 12/100. 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.

Marley Spoon Group SE's operating assets for the quarter that ended in Dec. 2025 was $54.1 Mil. Marley Spoon Group SE's operating liabilities for the quarter that ended in Dec. 2025 was $34.9 Mil. Marley Spoon Group SE's Total Assets for the quarter that ended in Jun. 2025 was $77.5 Mil. Therefore, Marley Spoon Group SE's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.25.

Marley Spoon Group SE Scaled Net Operating Assets Historical Data

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The historical data trend for Marley Spoon Group 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.

Marley Spoon Group SE Scaled Net Operating Assets Chart

Marley Spoon Group SE Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
-0.19 14.28 0.43 0.15 0.24

Marley Spoon Group SE Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only 0.22 0.00 0.00 0.23 0.25

FSESF vs KHC, GIS, JBS: Scaled Net Operating Assets Comparison

For the Packaged Foods subindustry, Marley Spoon Group 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.

Marley Spoon Group SE Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Marley Spoon Group SE's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Marley Spoon Group SE's Scaled Net Operating Assets falls into.


FSESF
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Marley Spoon Group SE FSESF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Marley Spoon Group 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.

Marley Spoon Group SE'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 )
=(54.067-34.856)/79.847
=0.24

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=65.685 - 11.618
=54.067

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=151.213 - 46.739 - 69.618
=34.856

Marley Spoon Group SE'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 )
=(54.067-34.856)/77.527
=0.25

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=65.685 - 11.618
=54.067

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=151.213 - 46.739 - 69.618
=34.856

* 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 0.25 mean?
Marley Spoon Group SE (FSESF) has a Scaled Net Operating Assets of 0.25 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 Marley Spoon Group SE and its competitors.
Is Marley Spoon Group SE's Scaled Net Operating Assets too high?
Marley Spoon Group SE's current Scaled Net Operating Assets is 0.25. Overall, Marley Spoon Group SE has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Marley Spoon Group SE's Scaled Net Operating Assets compare to KHC and GIS?
Marley Spoon Group SE's Scaled Net Operating Assets of 0.25 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 Marley Spoon Group SE and its competitors. Marley Spoon Group SE's current Scaled Net Operating Assets is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marley Spoon Group SE stock overvalued right now?
Marley Spoon Group SE (FSESF) has a current Scaled Net Operating Assets of 0.25. The current Scaled Net Operating Assets is 0.25. Marley Spoon Group SE's overall GF Score™ is 12/100 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 Marley Spoon Group SE (FSESF), the current Scaled Net Operating Assets is 0.25 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.

Marley Spoon Group SE Business Description

Other Exchanges 0ACA:UKMS1:Germany
Address 9, Rue de Bitbourg, Luxembourg, LUX, L-1273
Marley Spoon Group SE Formerly 468 SPAC II SE, is a direct-to-consumer (DTC) food-tech company. It provides subscription-based meal kits and ready-to-heat meals directly to customers' doorsteps in Australia, the United States, and Europe, saving them the hassle of grocery shopping and reducing food waste. The company provides Meal kits and ready to heat packages which includes fresh, pre-portioned ingredients alongside chef-designed recipes for home cooking.
12GF 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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