HORNBACH Holding AG and Co KGaA (HAM:HBH) Scaled Net Operating Assets: 0.72 (As of May. 2026)


HAM:HBH HORNBACH Holding AG and Co KGaA HAM:HBH
70 GF Score
Price €77.90
GF Value €82.20
Valuation Fairly Valued
! 3 Warning Signs
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What is HORNBACH Holding AG and Co KGaA Scaled Net Operating Assets?

HORNBACH Holding AG and Co KGaA HAM:HBH 70 Scaled Net Operating Assets is 0.72 as of May. 2026. GuruFocus rates HAM:HBH with a GF Score™ of 70/100 and a GF Value™ of €82.20 (Fairly Valued). 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.

HORNBACH Holding AG and Co KGaA's operating assets for the quarter that ended in May. 2026 was €4,508 Mil. HORNBACH Holding AG and Co KGaA's operating liabilities for the quarter that ended in May. 2026 was €1,033 Mil. HORNBACH Holding AG and Co KGaA's Total Assets for the quarter that ended in Feb. 2026 was €4,826 Mil. Therefore, HORNBACH Holding AG and Co KGaA's scaled net operating assets (SNOA) for the quarter that ended in May. 2026 was 0.72.


HORNBACH Holding AG and Co KGaA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for HORNBACH Holding AG and Co KGaA'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.

HORNBACH Holding AG and Co KGaA Scaled Net Operating Assets Chart

HORNBACH Holding AG and Co KGaA Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.75 0.67 0.74 0.76

HORNBACH Holding AG and Co KGaA Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.72 0.72 0.74 0.75 0.72

HAM:HBH vs HD, LOW, FND: Scaled Net Operating Assets Comparison

For the Home Improvement Retail subindustry, HORNBACH Holding AG and Co KGaA'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.


HORNBACH Holding AG and Co KGaA Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, HORNBACH Holding AG and Co KGaA's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where HORNBACH Holding AG and Co KGaA's Scaled Net Operating Assets falls into.


HAM:HBH
70GF Score
HORNBACH Holding AG and Co KGaA HAM:HBH
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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HORNBACH Holding AG and Co KGaA 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.

HORNBACH Holding AG and Co KGaA's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2026 )
=(Operating Assets (A: Feb. 2026 )-Operating Liabilities (A: Feb. 2026 ))/Total Assets (A: Feb. 2025 )
=(4520.878-1026.381)/4614.193
=0.76

where

Operating Assets(A: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4826.42 - 305.542
=4520.878

Operating Liabilities(A: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2679.257 - 1264.6 - 388.276
=1026.381

HORNBACH Holding AG and Co KGaA's Scaled Net Operating Assets (SNOA) for the quarter that ended in May. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: May. 2026 )
=(Operating Assets (Q: May. 2026 )-Operating Liabilities (Q: May. 2026 ))/Total Assets (Q: Feb. 2026 )
=(4507.8-1033.3)/4826.42
=0.72

where

Operating Assets(Q: May. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5322.8 - 815
=4507.8

Operating Liabilities(Q: May. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3072.5 - 1632.5 - 406.7
=1033.3

* 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 0.72 mean?
HORNBACH Holding AG and Co KGaA (HAM:HBH) has a Scaled Net Operating Assets of 0.72 as of May. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on HORNBACH Holding AG and Co KGaA and its competitors.
Is HORNBACH Holding AG and Co KGaA's Scaled Net Operating Assets too high?
HORNBACH Holding AG and Co KGaA's current Scaled Net Operating Assets is 0.72. Overall, HORNBACH Holding AG and Co KGaA has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HORNBACH Holding AG and Co KGaA's Scaled Net Operating Assets compare to HD and LOW?
HORNBACH Holding AG and Co KGaA's Scaled Net Operating Assets of 0.72 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 HORNBACH Holding AG and Co KGaA and its competitors. HORNBACH Holding AG and Co KGaA's current Scaled Net Operating Assets is 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HORNBACH Holding AG and Co KGaA stock overvalued right now?
Based on GuruFocus' analysis, HORNBACH Holding AG and Co KGaA (HAM:HBH) is currently considered Fairly Valued. The stock's GF Value™ is €82.20, compared to a current price of €77.90 — trading 5.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.72. HORNBACH Holding AG and Co KGaA's overall GF Score™ is 70/100 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 HORNBACH Holding AG and Co KGaA (HAM:HBH), the current Scaled Net Operating Assets is 0.72 as of May. 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 HORNBACH Holding AG and Co KGaA (HAM:HBH) Overvalued in 2026?

Based on GuruFocus' analysis, HORNBACH Holding AG and Co KGaA stock appears to be undervalued. The current stock price of €77.90 is trading 5.2% below its estimated GF Value™ of €82.20. GuruFocus considers HORNBACH Holding AG and Co KGaA to be Fairly Valued.

Key valuation signals for HAM:HBH:

  • Scaled Net Operating Assets: 0.72
  • GF Value™: €82.20 vs. price of €77.90 (5.2% below fair value)
  • GF Score™: 70/100 with 3 warning signs

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


HORNBACH Holding AG and Co KGaA Business Description

Address Le Quartier Hornbach 19, Neustadt an der Weinstrasse, DEU, 67433
HORNBACH Holding AG and Co KGaA and its subsidiaries are involved in the business of Retail and Real estate segments. The company's operating segment include HORNBACH Baumarkt subgroup; HORNBACH Baustoff Union GmbH subgroup, and HORNBACH Immobilien AG subgroup. It generates maximum revenue from the HORNBACH Baumarkt subgroup segment. Geographically, it derives a majority of revenue from Germany. Products are structured in the following divisions: Hardware/Electrical, Paint/Wallpaper/Flooring, Construction Materials/Timber/Prefabricated Components, Sanitary/Tiles, and Garden. The company operates in Germany and other European countries.
70GF Score

Get the complete analysis for HAM:HBH

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€77.90
Price
€82.20
GF Value