Bang & Olufsen AS (HAM:BUOB) Scaled Net Operating Assets: 0.48 (As of Nov. 2025)


HAM:BUOB Bang & Olufsen AS HAM:BUOB
55 GF Score
Price €1.20
GF Value €1.27
! 2 Warning Signs
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What is Bang & Olufsen AS Scaled Net Operating Assets?

Bang & Olufsen AS HAM:BUOB +0.50% 55 Scaled Net Operating Assets is 0.48 as of Nov. 2025. GuruFocus rates HAM:BUOB with a GF Score™ of 55/100 and a GF Value™ of €1.27. The stock has 2 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.

Bang & Olufsen AS's operating assets for the quarter that ended in Nov. 2025 was €256.7 Mil. Bang & Olufsen AS's operating liabilities for the quarter that ended in Nov. 2025 was €107.1 Mil. Bang & Olufsen AS's Total Assets for the quarter that ended in May. 2025 was €313.6 Mil. Therefore, Bang & Olufsen AS's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2025 was 0.48.


Bang & Olufsen AS Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Bang & Olufsen AS'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.

Bang & Olufsen AS Scaled Net Operating Assets Chart

Bang & Olufsen AS Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.44 0.37 0.42 0.44

Bang & Olufsen AS Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 0.43 0.43 0.43 0.45 0.48

HAM:BUOB vs AAPL: Scaled Net Operating Assets Comparison

For the Consumer Electronics subindustry, Bang & Olufsen AS'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.


Bang & Olufsen AS Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Bang & Olufsen AS's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Bang & Olufsen AS's Scaled Net Operating Assets falls into.


HAM:BUOB
55GF Score
Bang & Olufsen AS HAM:BUOB
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Bang & Olufsen AS 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.

Bang & Olufsen AS's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: May. 2025 )
=(Operating Assets (A: May. 2025 )-Operating Liabilities (A: May. 2025 ))/Total Assets (A: May. 2024 )
=(243.273-107.898)/307.9
=0.44

where

Operating Assets(A: May. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=313.641 - 70.368
=243.273

Operating Liabilities(A: May. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=160.305 - 20.641 - 31.766
=107.898

Bang & Olufsen AS's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2025 )
=(Operating Assets (Q: Nov. 2025 )-Operating Liabilities (Q: Nov. 2025 ))/Total Assets (Q: May. 2025 )
=(256.657-107.107)/313.641
=0.48

where

Operating Assets(Q: Nov. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=307.131 - 50.474
=256.657

Operating Liabilities(Q: Nov. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=169.765 - 19.815 - 42.843
=107.107

* 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 0.48 mean?
Bang & Olufsen AS (HAM:BUOB) has a Scaled Net Operating Assets of 0.48 as of Nov. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Bang & Olufsen AS and its competitors.
Is Bang & Olufsen AS's Scaled Net Operating Assets too high?
Bang & Olufsen AS's current Scaled Net Operating Assets is 0.48. Overall, Bang & Olufsen AS has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Bang & Olufsen AS's Scaled Net Operating Assets compare to AAPL?
Bang & Olufsen AS's Scaled Net Operating Assets of 0.48 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 Bang & Olufsen AS and its competitors. Bang & Olufsen AS's current Scaled Net Operating Assets is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bang & Olufsen AS stock overvalued right now?
Bang & Olufsen AS (HAM:BUOB) has a current Scaled Net Operating Assets of 0.48. The stock's GF Value™ is €1.27, compared to a current price of €1.20 — trading 5.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.48. Bang & Olufsen AS's overall GF Score™ is 55/100 with 2 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 Bang & Olufsen AS (HAM:BUOB), the current Scaled Net Operating Assets is 0.48 as of Nov. 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 Bang & Olufsen AS (HAM:BUOB) Overvalued in 2026?

Based on GuruFocus' analysis, Bang & Olufsen AS stock appears to be undervalued. The current stock price of €1.20 is trading 5.4% below its estimated GF Value™ of €1.27.

Key valuation signals for HAM:BUOB:

  • Scaled Net Operating Assets: 0.48
  • GF Value™: €1.27 vs. price of €1.20 (5.4% below fair value)
  • GF Score™: 55/100 with 2 warning signs

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


Bang & Olufsen AS Business Description

Address Bang og Olufsen Alle 1, Struer, DNK, 7600
Bang & Olufsen AS designs, develops, and markets audio and video products including music systems, loudspeakers, television sets, headphones, other multimedia products, and related accessories. Its operating segments include EMEA, which is the company's key revenue-generating segment, followed by the Americas and Asia-Pacific (APAC). The company generates maximum revenue from the Staged product category, followed by On-the-go, Flexible Living, and Brand Partnering and other activities.
55GF 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.

€1.20
Price
€1.27
GF Value