B&C Speakers SpA (MIL:BEC) Scaled Net Operating Assets: 0.70 (As of Mar. 2026)


MIL:BEC B&C Speakers SpA MIL:BEC
71 GF Score
Price €11.00
GF Value €16.94
Valuation Significantly Undervalued
! 2 Warning Signs
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What is B&C Speakers SpA Scaled Net Operating Assets?

B&C Speakers SpA MIL:BEC -2.65% 71 Scaled Net Operating Assets is 0.70 as of Mar. 2026. GuruFocus rates MIL:BEC with a GF Score™ of 71/100 and a GF Value™ of €16.94 (Significantly Undervalued). 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.

B&C Speakers SpA's operating assets for the quarter that ended in Mar. 2026 was €80.48 Mil. B&C Speakers SpA's operating liabilities for the quarter that ended in Mar. 2026 was €16.72 Mil. B&C Speakers SpA's Total Assets for the quarter that ended in Dec. 2025 was €91.34 Mil. Therefore, B&C Speakers SpA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.70.

B&C Speakers SpA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for B&C Speakers SpA'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.

B&C Speakers SpA Scaled Net Operating Assets Chart

B&C Speakers SpA 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 0.61 0.72 0.59 0.65 0.63

B&C Speakers SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.62 0.70 0.59 0.70

MIL:BEC vs AAPL: Scaled Net Operating Assets Comparison

For the Consumer Electronics subindustry, B&C Speakers SpA'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.

B&C Speakers SpA Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, B&C Speakers SpA's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where B&C Speakers SpA's Scaled Net Operating Assets falls into.


MIL:BEC
71GF Score
B&C Speakers SpA MIL:BEC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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B&C Speakers SpA 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.

B&C Speakers SpA'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 )
=(69.821-15.197)/87.264
=0.63

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=91.338 - 21.517
=69.821

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=36.931 - 13.166 - 8.568
=15.197

B&C Speakers SpA's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(80.476-16.72)/91.338
=0.70

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=94.642 - 14.166
=80.476

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=36.93 - 13.038 - 7.172
=16.72

* 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 0.70 mean?
B&C Speakers SpA (MIL:BEC) has a Scaled Net Operating Assets of 0.70 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on B&C Speakers SpA and its competitors.
Is B&C Speakers SpA's Scaled Net Operating Assets too high?
B&C Speakers SpA's current Scaled Net Operating Assets is 0.70. Overall, B&C Speakers SpA has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does B&C Speakers SpA's Scaled Net Operating Assets compare to AAPL?
B&C Speakers SpA's Scaled Net Operating Assets of 0.70 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 B&C Speakers SpA and its competitors. B&C Speakers SpA's current Scaled Net Operating Assets is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B&C Speakers SpA stock overvalued right now?
Based on GuruFocus' analysis, B&C Speakers SpA (MIL:BEC) is currently considered Significantly Undervalued. The stock's GF Value™ is €16.94, compared to a current price of €11.00 — trading 35.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.70. B&C Speakers SpA's overall GF Score™ is 71/100 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 B&C Speakers SpA (MIL:BEC), the current Scaled Net Operating Assets is 0.70 as of Mar. 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 B&C Speakers SpA (MIL:BEC) Overvalued in 2026?

Based on GuruFocus' analysis, B&C Speakers SpA stock appears to be undervalued. The current stock price of €11.00 is trading 35.1% below its estimated GF Value™ of €16.94. GuruFocus considers B&C Speakers SpA to be Significantly Undervalued.

Key valuation signals for MIL:BEC:

  • Scaled Net Operating Assets: 0.70
  • GF Value™: €16.94 vs. price of €11.00 (35.1% below fair value)
  • GF Score™: 71/100 with 2 warning signs

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

B&C Speakers SpA Business Description

Other Exchanges 37B:Germany
Address Via Poggiomoro 1, Localita Vallina, Bagno a Ripoli, Florence, ITA, 50012
B&C Speakers SpA is an Italy-based company engaged in the production and marketing of professional loudspeakers. Its speaker product offerings span across different categories, including high-frequency drivers, low-frequency drivers, tweeters, coaxials, and horn drivers. The company operates its business in a single sector, acoustic transducers. Geographically, it derives maximum revenue from Europe (excluding Italy), followed by the Asia-Pacific region, Italy, North America, Latin America, and the Middle East and Africa.
71GF 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.

€11.00
Price
€16.94
GF Value