Cy4gate SpA (MIL:CY4) Scaled Net Operating Assets: 0.28 (As of Mar. 2026)


MIL:CY4 Cy4gate SpA MIL:CY4
80 GF Score
Price €9.33
GF Value €9.74
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Cy4gate SpA Scaled Net Operating Assets?

Cy4gate SpA MIL:CY4 +1.08% 80 Scaled Net Operating Assets is 0.28 as of Mar. 2026. GuruFocus rates MIL:CY4 with a GF Score™ of 80/100 and a GF Value™ of €9.74 (Fairly Valued). The stock has 5 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.

Cy4gate SpA's operating assets for the quarter that ended in Mar. 2026 was €174.3 Mil. Cy4gate SpA's operating liabilities for the quarter that ended in Mar. 2026 was €112.3 Mil. Cy4gate SpA's Total Assets for the quarter that ended in Dec. 2025 was €224.0 Mil. Therefore, Cy4gate SpA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.28.


Cy4gate SpA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Cy4gate 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.

Cy4gate SpA Scaled Net Operating Assets Chart

Cy4gate SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 1.00 2.92 0.69 0.73 0.56

Cy4gate SpA Quarterly Data
Jun20 Dec20 Jun21 Dec21 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 0.45 0.64 0.48 0.58 0.28

MIL:CY4 vs MSFT, ORCL, PLTR: Scaled Net Operating Assets Comparison

For the Software - Infrastructure subindustry, Cy4gate 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.


Cy4gate SpA Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Cy4gate SpA's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Cy4gate SpA's Scaled Net Operating Assets falls into.


MIL:CY4
80GF Score
Cy4gate SpA MIL:CY4
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cy4gate 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.

Cy4gate 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 )
=(200.251-92.963)/190.572
=0.56

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=224.035 - 23.784
=200.251

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=131.193 - 16.151 - 22.079
=92.963

Cy4gate 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 )
=(174.344-112.334)/224.035
=0.28

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=205.45 - 31.106
=174.344

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=116.892 - 2.674 - 1.884
=112.334

* 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 0.28 mean?
Cy4gate SpA (MIL:CY4) has a Scaled Net Operating Assets of 0.28 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 Cy4gate SpA and its competitors.
Is Cy4gate SpA's Scaled Net Operating Assets too high?
Cy4gate SpA's current Scaled Net Operating Assets is 0.28. Overall, Cy4gate SpA has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cy4gate SpA's Scaled Net Operating Assets compare to MSFT and ORCL?
Cy4gate SpA's Scaled Net Operating Assets of 0.28 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Cy4gate SpA and its competitors. Cy4gate SpA's current Scaled Net Operating Assets is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cy4gate SpA stock overvalued right now?
Based on GuruFocus' analysis, Cy4gate SpA (MIL:CY4) is currently considered Fairly Valued. The stock's GF Value™ is €9.74, compared to a current price of €9.33 — trading 4.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.28. Cy4gate SpA's overall GF Score™ is 80/100 with 5 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 Cy4gate SpA (MIL:CY4), the current Scaled Net Operating Assets is 0.28 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 Cy4gate SpA (MIL:CY4) Overvalued in 2026?

Based on GuruFocus' analysis, Cy4gate SpA stock appears to be undervalued. The current stock price of €9.33 is trading 4.2% below its estimated GF Value™ of €9.74. GuruFocus considers Cy4gate SpA to be Fairly Valued.

Key valuation signals for MIL:CY4:

  • Scaled Net Operating Assets: 0.28
  • GF Value™: €9.74 vs. price of €9.33 (4.2% below fair value)
  • GF Score™: 80/100 with 5 warning signs

No single metric tells the full story. See the MIL:CY4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cy4gate SpA Business Description

Other Exchanges 68H:Germany
Address Via Coponia 8, Rome, ITA, 00131
Cy4gate SpA is engaged in the design, development and production of technologies, products, systems and services. Its corporate solutions include Cyber Resilience, Education & Training, Corporate Intelligence; and government solutions include Cyber Intelligence & Cyber Security. The company has a single operating segment, that of the development and marketing of cyber intelligence and cyber security products. Geographically it operates in Italy and outside Italy from where it derives the majority of revenue.
80GF Score

Get the complete analysis for MIL:CY4

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

€9.33
Price
€9.74
GF Value