iGrandiViaggi SpA (MIL:IGV) Scaled Net Operating Assets: 0.57 (As of Jan. 2026)


MIL:IGV iGrandiViaggi SpA MIL:IGV
57 GF Score
Price €2.09
GF Value €1.10
Valuation Significantly Overvalued
! 2 Warning Signs
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What is iGrandiViaggi SpA Scaled Net Operating Assets?

iGrandiViaggi SpA MIL:IGV -0.24% 57 Scaled Net Operating Assets is 0.57 as of Jan. 2026. GuruFocus rates MIL:IGV with a GF Score™ of 57/100 and a GF Value™ of €1.10 (Significantly Overvalued). 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.

iGrandiViaggi SpA's operating assets for the quarter that ended in Jan. 2026 was €85.59 Mil. iGrandiViaggi SpA's operating liabilities for the quarter that ended in Jan. 2026 was €25.58 Mil. iGrandiViaggi SpA's Total Assets for the quarter that ended in Oct. 2025 was €105.89 Mil. Therefore, iGrandiViaggi SpA's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.57.


iGrandiViaggi SpA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for iGrandiViaggi 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.

iGrandiViaggi SpA Scaled Net Operating Assets Chart

iGrandiViaggi SpA Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.57 0.59 0.59 0.54

iGrandiViaggi SpA Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 0.55 0.64 0.54 0.48 0.57

MIL:IGV vs LVS, MGM, WYNN: Scaled Net Operating Assets Comparison

For the Resorts & Casinos subindustry, iGrandiViaggi 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.


iGrandiViaggi SpA Scaled Net Operating Assets vs Travel & Leisure Industry

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

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


MIL:IGV
57GF Score
iGrandiViaggi SpA MIL:IGV
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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iGrandiViaggi 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.

iGrandiViaggi SpA's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2025 )
=(Operating Assets (A: Oct. 2025 )-Operating Liabilities (A: Oct. 2025 ))/Total Assets (A: Oct. 2024 )
=(84.744-28.027)/104.706
=0.54

where

Operating Assets(A: Oct. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=105.887 - 21.143
=84.744

Operating Liabilities(A: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=31.288 - 1.736 - 1.525
=28.027

iGrandiViaggi SpA's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2026 )
=(Operating Assets (Q: Jan. 2026 )-Operating Liabilities (Q: Jan. 2026 ))/Total Assets (Q: Oct. 2025 )
=(85.586-25.575)/105.887
=0.57

where

Operating Assets(Q: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=99.294 - 13.708
=85.586

Operating Liabilities(Q: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=26.88 - 0 - 1.305
=25.575

* 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 0.57 mean?
iGrandiViaggi SpA (MIL:IGV) has a Scaled Net Operating Assets of 0.57 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on iGrandiViaggi SpA and its competitors.
Is iGrandiViaggi SpA's Scaled Net Operating Assets too high?
iGrandiViaggi SpA's current Scaled Net Operating Assets is 0.57. Overall, iGrandiViaggi SpA has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does iGrandiViaggi SpA's Scaled Net Operating Assets compare to LVS and MGM?
iGrandiViaggi SpA's Scaled Net Operating Assets of 0.57 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 iGrandiViaggi SpA and its competitors. iGrandiViaggi SpA's current Scaled Net Operating Assets is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iGrandiViaggi SpA stock overvalued right now?
Based on GuruFocus' analysis, iGrandiViaggi SpA (MIL:IGV) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.10, compared to a current price of €2.09 — trading 89.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.57. iGrandiViaggi SpA's overall GF Score™ is 57/100 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 iGrandiViaggi SpA (MIL:IGV), the current Scaled Net Operating Assets is 0.57 as of Jan. 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 iGrandiViaggi SpA (MIL:IGV) Overvalued in 2026?

Based on GuruFocus' analysis, iGrandiViaggi SpA stock appears to be overvalued. The current stock price of €2.09 is trading 89.5% above its estimated GF Value™ of €1.10. GuruFocus considers iGrandiViaggi SpA to be Significantly Overvalued.

Key valuation signals for MIL:IGV:

  • Scaled Net Operating Assets: 0.57
  • GF Value™: €1.10 vs. price of €2.09 (89.5% above fair value)
  • GF Score™: 57/100 with 2 warning signs

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


iGrandiViaggi SpA Business Description

Address Via Della Moscova, 36, Milan, ITA, 20121
iGrandiViaggi SpA owns and manages hotels and resorts in Italy. It operates in Mexico, Oman, United States, UAE, Thailand, Qatar, Kenya, Greece, and Zanzibar.
57GF Score

Get the complete analysis for MIL:IGV

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

€2.09
Price
€1.10
GF Value