Hoevelrat Holding AG (HAM:C9T) Scaled Net Operating Assets: 1.09 (As of Dec. 2024)


HAM:C9T Hoevelrat Holding AG HAM:C9T
65 GF Score
Price €6.60
GF Value €22.82
Valuation Possible Value Trap
! 1 Warning Sign
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What is Hoevelrat Holding AG Scaled Net Operating Assets?

Hoevelrat Holding AG HAM:C9T 65 Scaled Net Operating Assets is 1.09 as of Dec. 2024. GuruFocus rates HAM:C9T with a GF Score™ of 65/100 and a GF Value™ of €22.82 (Possible Value Trap). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Hoevelrat Holding AG's operating assets for the quarter that ended in Dec. 2024 was €9.81 Mil. Hoevelrat Holding AG's operating liabilities for the quarter that ended in Dec. 2024 was €0.94 Mil. Hoevelrat Holding AG's Total Assets for the quarter that ended in Dec. 2023 was €8.16 Mil. Therefore, Hoevelrat Holding AG's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 1.09.


Hoevelrat Holding AG Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Hoevelrat Holding AG'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.

Hoevelrat Holding AG Scaled Net Operating Assets Chart

Hoevelrat Holding AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.94 1.00 0.86 0.94 1.09

Hoevelrat Holding AG Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only 0.94 1.00 0.86 0.94 1.09

HAM:C9T vs BLK, BX, KKR: Scaled Net Operating Assets Comparison

For the Asset Management subindustry, Hoevelrat Holding AG'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.


Hoevelrat Holding AG Scaled Net Operating Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Hoevelrat Holding AG's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Hoevelrat Holding AG's Scaled Net Operating Assets falls into.


HAM:C9T
65GF Score
Hoevelrat Holding AG HAM:C9T
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Hoevelrat Holding AG 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.

Hoevelrat Holding AG's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(9.805-0.936)/8.162
=1.09

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9.926 - 0.121
=9.805

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.936 - 0 - 0
=0.936

Hoevelrat Holding AG's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Dec. 2023 )
=(9.805-0.936)/8.162
=1.09

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9.926 - 0.121
=9.805

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.936 - 0 - 0
=0.936

* 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 1.09 mean?
Hoevelrat Holding AG (HAM:C9T) has a Scaled Net Operating Assets of 1.09 as of Dec. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Hoevelrat Holding AG and its competitors.
Is Hoevelrat Holding AG's Scaled Net Operating Assets too high?
Hoevelrat Holding AG's current Scaled Net Operating Assets is 1.09. Overall, Hoevelrat Holding AG has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hoevelrat Holding AG's Scaled Net Operating Assets compare to BLK and BX?
Hoevelrat Holding AG's Scaled Net Operating Assets of 1.09 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Hoevelrat Holding AG and its competitors. Hoevelrat Holding AG's current Scaled Net Operating Assets is 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoevelrat Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Hoevelrat Holding AG (HAM:C9T) is currently considered Possible Value Trap. The stock's GF Value™ is €22.82, compared to a current price of €6.60 — trading 71.1% below its estimated fair value. The current Scaled Net Operating Assets is 1.09. Hoevelrat Holding AG's overall GF Score™ is 65/100 with 1 warning sign 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 Hoevelrat Holding AG (HAM:C9T), the current Scaled Net Operating Assets is 1.09 as of Dec. 2024. 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 Hoevelrat Holding AG (HAM:C9T) Overvalued in 2026?

Based on GuruFocus' analysis, Hoevelrat Holding AG stock appears to be undervalued. The current stock price of €6.60 is trading 71.1% below its estimated GF Value™ of €22.82. GuruFocus considers Hoevelrat Holding AG to be Possible Value Trap.

Key valuation signals for HAM:C9T:

  • Scaled Net Operating Assets: 1.09
  • GF Value™: €22.82 vs. price of €6.60 (71.1% below fair value)
  • GF Score™: 65/100 with 1 warning sign

No single metric tells the full story. See the HAM:C9T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hoevelrat Holding AG Business Description

Address Valentinskamp 90, Hamburg, DEU, 20355
Hoevelrat Holding AG is an independent asset manager. It is engaged in offering financial services. The firm provides various services such as research, marketing, controlling, distribution, staff, and sustainability.
65GF 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.

€6.60
Price
€22.82
GF Value