Distribuzione Elettrica Adriatica SpA (MIL:DEA) Scaled Net Operating Assets: 0.65 (As of Dec. 2025)

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MIL:DEA Distribuzione Elettrica Adriatica SpA MIL:DEA
18 GF Score
Price €8.65
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What is Distribuzione Elettrica Adriatica SpA Scaled Net Operating Assets?

Distribuzione Elettrica Adriatica SpA MIL:DEA -0.57% 18 Scaled Net Operating Assets is 0.65 as of Dec. 2025. GuruFocus rates MIL:DEA with a GF Score™ of 18/100. 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.

Distribuzione Elettrica Adriatica SpA's operating assets for the quarter that ended in Dec. 2025 was €124.70 Mil. Distribuzione Elettrica Adriatica SpA's operating liabilities for the quarter that ended in Dec. 2025 was €37.91 Mil. Distribuzione Elettrica Adriatica SpA's Total Assets for the quarter that ended in Jun. 2025 was €134.11 Mil. Therefore, Distribuzione Elettrica Adriatica SpA's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.65.


Distribuzione Elettrica Adriatica SpA Scaled Net Operating Assets Historical Data

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The historical data trend for Distribuzione Elettrica Adriatica 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.

Distribuzione Elettrica Adriatica SpA Scaled Net Operating Assets Chart

Distribuzione Elettrica Adriatica SpA Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.83 1.19 1.05 0.67

Distribuzione Elettrica Adriatica SpA Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial 1.19 0.00 0.00 0.66 0.65

MIL:DEA vs NEE, SO, DUK: Scaled Net Operating Assets Comparison

For the Utilities - Regulated Electric subindustry, Distribuzione Elettrica Adriatica 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.


Distribuzione Elettrica Adriatica SpA Scaled Net Operating Assets vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Distribuzione Elettrica Adriatica SpA's Scaled Net Operating Assets distribution charts can be found below:

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


MIL:DEA
18GF Score
Distribuzione Elettrica Adriatica SpA MIL:DEA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Distribuzione Elettrica Adriatica 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.

Distribuzione Elettrica Adriatica 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 )
=(124.695-37.908)/130.576
=0.66

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=138.209 - 13.514
=124.695

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=52.392 - 9.724 - 4.76
=37.908

Distribuzione Elettrica Adriatica SpA'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 )
=(124.695-37.908)/134.114
=0.65

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=138.209 - 13.514
=124.695

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=52.392 - 9.724 - 4.76
=37.908

* 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 0.65 mean?
Distribuzione Elettrica Adriatica SpA (MIL:DEA) has a Scaled Net Operating Assets of 0.65 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 Distribuzione Elettrica Adriatica SpA and its competitors.
Is Distribuzione Elettrica Adriatica SpA's Scaled Net Operating Assets too high?
Distribuzione Elettrica Adriatica SpA's current Scaled Net Operating Assets is 0.65. Overall, Distribuzione Elettrica Adriatica SpA has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Distribuzione Elettrica Adriatica SpA's Scaled Net Operating Assets compare to NEE and SO?
Distribuzione Elettrica Adriatica SpA's Scaled Net Operating Assets of 0.65 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Scaled Net Operating Assets depends on the Utilities - Regulated 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 Distribuzione Elettrica Adriatica SpA and its competitors. Distribuzione Elettrica Adriatica SpA's current Scaled Net Operating Assets is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Distribuzione Elettrica Adriatica SpA stock overvalued right now?
Distribuzione Elettrica Adriatica SpA (MIL:DEA) has a current Scaled Net Operating Assets of 0.65. The current Scaled Net Operating Assets is 0.65. Distribuzione Elettrica Adriatica SpA's overall GF Score™ is 18/100 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 Distribuzione Elettrica Adriatica SpA (MIL:DEA), the current Scaled Net Operating Assets is 0.65 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.

Distribuzione Elettrica Adriatica SpA Business Description

Address Via Guazzatore no. 159, Osimo, ITA, 60027
Distribuzione Elettrica Adriatica SpA is a Italy based company. Its activity is divided into two distinct business lines dedicated, respectively, to the distribution of electricity (Distribution Electrical Energy) and public lighting (Public Lighting). In the distribution of electricity, The company deals with the activities relating to the operation, maintenance and development of medium voltage (MV) and low voltage (LV) infrastructures with the objective of allowing the transport of electricity from the substations of the distribution networks to the withdrawal points (PoD). The public lighting includes design, construction and maintenance of public lighting systems, by virtue of obtaining concessions from the relevant municipalities.
18GF Score

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