PPHE Hotel Group (LSE:PPH) Scaled Net Operating Assets: 0.83 (As of Dec. 2025)


LSE:PPH PPHE Hotel Group Ltd LSE:PPH
75 GF Score
Price £16.02
GF Value £14.83
Valuation Fairly Valued
! 7 Warning Signs
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What is PPHE Hotel Group Scaled Net Operating Assets?

PPHE Hotel Group LSE:PPH -2.20% 75 Scaled Net Operating Assets is 0.83 as of Dec. 2025. GuruFocus rates LSE:PPH with a GF Score™ of 75/100 and a GF Value™ of £14.83 (Fairly Valued). The stock has 7 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.

PPHE Hotel Group's operating assets for the quarter that ended in Dec. 2025 was £1,798.4 Mil. PPHE Hotel Group's operating liabilities for the quarter that ended in Dec. 2025 was £214.1 Mil. PPHE Hotel Group's Total Assets for the quarter that ended in Jun. 2025 was £1,898.9 Mil. Therefore, PPHE Hotel Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.83.


PPHE Hotel Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for PPHE Hotel Group'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.

PPHE Hotel Group Scaled Net Operating Assets Chart

PPHE Hotel Group 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 0.68 0.88 0.83 0.82 0.84

PPHE Hotel Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 Premium Member Only Premium Member Only Premium Member Only 0.82 0.68 0.82 0.69 0.83

LSE:PPH vs MAR, HLT, H: Scaled Net Operating Assets Comparison

For the Lodging subindustry, PPHE Hotel Group'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.


PPHE Hotel Group Scaled Net Operating Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, PPHE Hotel Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where PPHE Hotel Group's Scaled Net Operating Assets falls into.


LSE:PPH
75GF Score
PPHE Hotel Group Ltd LSE:PPH
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PPHE Hotel Group 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.

PPHE Hotel Group'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 )
=(1798.383-214.14)/1897.14
=0.84

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1921.849 - 123.466
=1798.383

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1409.255 - 1122.47 - 72.645
=214.14

PPHE Hotel Group'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 )
=(1798.383-214.14)/1898.866
=0.83

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1921.849 - 123.466
=1798.383

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1409.255 - 1122.47 - 72.645
=214.14

* 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 0.83 mean?
PPHE Hotel Group (LSE:PPH) has a Scaled Net Operating Assets of 0.83 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 PPHE Hotel Group and its competitors.
Is PPHE Hotel Group's Scaled Net Operating Assets too high?
PPHE Hotel Group's current Scaled Net Operating Assets is 0.83. Overall, PPHE Hotel Group has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PPHE Hotel Group's Scaled Net Operating Assets compare to MAR and HLT?
PPHE Hotel Group's Scaled Net Operating Assets of 0.83 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure 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 PPHE Hotel Group and its competitors. PPHE Hotel Group's current Scaled Net Operating Assets is 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPHE Hotel Group stock overvalued right now?
Based on GuruFocus' analysis, PPHE Hotel Group (LSE:PPH) is currently considered Fairly Valued. The stock's GF Value™ is £14.83, compared to a current price of £16.02 — trading 8% above its estimated fair value. The current Scaled Net Operating Assets is 0.83. PPHE Hotel Group's overall GF Score™ is 75/100 with 7 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 PPHE Hotel Group (LSE:PPH), the current Scaled Net Operating Assets is 0.83 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 PPHE Hotel Group (LSE:PPH) Overvalued in 2026?

Based on GuruFocus' analysis, PPHE Hotel Group stock appears to be overvalued. The current stock price of £16.02 is trading 8% above its estimated GF Value™ of £14.83. GuruFocus considers PPHE Hotel Group to be Fairly Valued.

Key valuation signals for LSE:PPH:

  • Scaled Net Operating Assets: 0.83
  • GF Value™: £14.83 vs. price of £16.02 (8% above fair value)
  • GF Score™: 75/100 with 7 warning signs

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


PPHE Hotel Group Business Description

Other Exchanges PPHl:UK32P:Germany
Address Radarweg 60, Motion Building, 9th Floor, Amsterdam, NH, NLD, 1043 NT
PPHE Hotel Group Ltd is an international hospitality real estate company, with a portfolio of freehold and long leasehold assets in Europe. The company owns, co-owns, develops, leases, operates, and franchises hospitality real estate. Its focus is full-service upscale, upper upscale, and lifestyle hotels in gateway cities and regional centers, as well as hotel, resort, and campsite properties in select resort destinations. The group's activities are divided into two segments Owned Hotel Operations segment and the Management Central services segment. Owned Hotel Operations are further divided into four reportable segments which are the Netherlands, Germany, Croatia, and the United Kingdom. Other include individual hotels in Hungary, Serbia, Italy, and Austria.
75GF 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.

£16.02
Price
£14.83
GF Value