Destination Italia SpA (MIL:DIT) Scaled Net Operating Assets: 0.31 (As of Dec. 2025)

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MIL:DIT Destination Italia SpA MIL:DIT
40 GF Score
Price €0.29
GF Value €0.76
Valuation Possible Value Trap
! 5 Warning Signs
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What is Destination Italia SpA Scaled Net Operating Assets?

Destination Italia SpA MIL:DIT +1.75% 40 Scaled Net Operating Assets is 0.31 as of Dec. 2025. GuruFocus rates MIL:DIT with a GF Score™ of 40/100 and a GF Value™ of €0.76 (Possible Value Trap). 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.

Destination Italia SpA's operating assets for the quarter that ended in Dec. 2025 was €47.73 Mil. Destination Italia SpA's operating liabilities for the quarter that ended in Dec. 2025 was €26.40 Mil. Destination Italia SpA's Total Assets for the quarter that ended in Jun. 2025 was €68.35 Mil. Therefore, Destination Italia SpA's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.31.


Destination Italia SpA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Destination Italia 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.

Destination Italia SpA Scaled Net Operating Assets Chart

Destination Italia SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.59 0.44 1.20 0.60 0.50

Destination Italia SpA Semi-Annual Data
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 0.52 0.49 0.37 0.47 0.31

MIL:DIT vs BKNG, ABNB, RCL: Scaled Net Operating Assets Comparison

For the Travel Services subindustry, Destination Italia 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.


Destination Italia SpA Scaled Net Operating Assets vs Travel & Leisure Industry

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

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


MIL:DIT
40GF Score
Destination Italia SpA MIL:DIT
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Destination Italia 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.

Destination Italia 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 )
=(47.728-26.399)/42.783
=0.50

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=48.312 - 0.584
=47.728

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=44.368 - 13.506 - 4.463
=26.399

Destination Italia 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 )
=(47.728-26.399)/68.346
=0.31

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=48.312 - 0.584
=47.728

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=44.368 - 13.506 - 4.463
=26.399

* 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 0.31 mean?
Destination Italia SpA (MIL:DIT) has a Scaled Net Operating Assets of 0.31 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 Destination Italia SpA and its competitors.
Is Destination Italia SpA's Scaled Net Operating Assets too high?
Destination Italia SpA's current Scaled Net Operating Assets is 0.31. Overall, Destination Italia SpA has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Destination Italia SpA's Scaled Net Operating Assets compare to BKNG and ABNB?
Destination Italia SpA's Scaled Net Operating Assets of 0.31 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 Destination Italia SpA and its competitors. Destination Italia SpA's current Scaled Net Operating Assets is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Destination Italia SpA stock overvalued right now?
Based on GuruFocus' analysis, Destination Italia SpA (MIL:DIT) is currently considered Possible Value Trap. The stock's GF Value™ is €0.76, compared to a current price of €0.29 — trading 61.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.31. Destination Italia SpA's overall GF Score™ is 40/100 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 Destination Italia SpA (MIL:DIT), the current Scaled Net Operating Assets is 0.31 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 Destination Italia SpA (MIL:DIT) Overvalued in 2026?

Based on GuruFocus' analysis, Destination Italia SpA stock appears to be undervalued. The current stock price of €0.29 is trading 61.8% below its estimated GF Value™ of €0.76. GuruFocus considers Destination Italia SpA to be Possible Value Trap.

Key valuation signals for MIL:DIT:

  • Scaled Net Operating Assets: 0.31
  • GF Value™: €0.76 vs. price of €0.29 (61.8% below fair value)
  • GF Score™: 40/100 with 5 warning signs

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


Destination Italia SpA Business Description

Address Via Galleria Sala dei Longobardi 2, Milan, ITA, 20121
Destination Italia SpA is an online travel agency that offers custom-made visits and trips to Italy. Its business activity is carried out via the Destination Italia incoming agency, which brings together various tour operators and travel agencies across the world, as well as through the SONO Travel Club luxury travel platform.
40GF 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.

€0.29
Price
€0.76
GF Value