SCI AG (HAM:SCI) Scaled Net Operating Assets: 0.34 (As of Dec. 2025)


HAM:SCI SCI AG HAM:SCI
69 GF Score
Price €18.90
GF Value €85.04
Valuation Possible Value Trap
! 3 Warning Signs
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What is SCI AG Scaled Net Operating Assets?

SCI AG HAM:SCI +0.53% 69 Scaled Net Operating Assets is 0.34 as of Dec. 2025. GuruFocus rates HAM:SCI with a GF Score™ of 69/100 and a GF Value™ of €85.04 (Possible Value Trap). 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.

SCI AG's operating assets for the quarter that ended in Dec. 2025 was €2.86 Mil. SCI AG's operating liabilities for the quarter that ended in Dec. 2025 was €0.12 Mil. SCI AG's Total Assets for the quarter that ended in Dec. 2024 was €8.09 Mil. Therefore, SCI AG's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.34.


SCI AG Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for SCI 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.

SCI AG Scaled Net Operating Assets Chart

SCI AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.44 0.38 0.33 0.34

SCI AG Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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 0.50 0.44 0.38 0.33 0.34

HAM:SCI vs MS, GS, SCHW: Scaled Net Operating Assets Comparison

For the Capital Markets subindustry, SCI 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.


SCI AG Scaled Net Operating Assets vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SCI AG's Scaled Net Operating Assets distribution charts can be found below:

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


HAM:SCI
69GF Score
SCI AG HAM:SCI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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SCI 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.

SCI AG'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 )
=(2.855-0.121)/8.092
=0.34

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8.141 - 5.286
=2.855

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.121 - 0 - 0
=0.121

SCI AG'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: Dec. 2024 )
=(2.855-0.121)/8.092
=0.34

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8.141 - 5.286
=2.855

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.121 - 0 - 0
=0.121

* 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 0.34 mean?
SCI AG (HAM:SCI) has a Scaled Net Operating Assets of 0.34 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 SCI AG and its competitors.
Is SCI AG's Scaled Net Operating Assets too high?
SCI AG's current Scaled Net Operating Assets is 0.34. Overall, SCI AG has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SCI AG's Scaled Net Operating Assets compare to MS and GS?
SCI AG's Scaled Net Operating Assets of 0.34 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 SCI AG and its competitors. SCI AG's current Scaled Net Operating Assets is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SCI AG stock overvalued right now?
Based on GuruFocus' analysis, SCI AG (HAM:SCI) is currently considered Possible Value Trap. The stock's GF Value™ is €85.04, compared to a current price of €18.90 — trading 77.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.34. SCI AG's overall GF Score™ is 69/100 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 SCI AG (HAM:SCI), the current Scaled Net Operating Assets is 0.34 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 SCI AG (HAM:SCI) Overvalued in 2026?

Based on GuruFocus' analysis, SCI AG stock appears to be undervalued. The current stock price of €18.90 is trading 77.8% below its estimated GF Value™ of €85.04. GuruFocus considers SCI AG to be Possible Value Trap.

Key valuation signals for HAM:SCI:

  • Scaled Net Operating Assets: 0.34
  • GF Value™: €85.04 vs. price of €18.90 (77.8% below fair value)
  • GF Score™: 69/100 with 3 warning signs

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


SCI AG Business Description

Address Bartholomaus-Arnoldi-Str. 82, Usingen, DEU, 61250
SCI AG is a holding company focused on special situations in the German stock market through takeovers and squeeze-outs. It seeks investment opportunities in temporal relation to corporate restructuring and turnaround situations.
69GF Score

Get the complete analysis for HAM:SCI

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

€18.90
Price
€85.04
GF Value