Lindbergh SpA (MIL:LDB) Scaled Net Operating Assets: 0.54 (As of Dec. 2025)


MIL:LDB Lindbergh SpA MIL:LDB
74 GF Score
Price €14.35
GF Value €6.05
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Lindbergh SpA Scaled Net Operating Assets?

Lindbergh SpA MIL:LDB +4.74% 74 Scaled Net Operating Assets is 0.54 as of Dec. 2025. GuruFocus rates MIL:LDB with a GF Score™ of 74/100 and a GF Value™ of €6.05 (Significantly Overvalued). The stock has 7 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.

Lindbergh SpA's operating assets for the quarter that ended in Dec. 2025 was €35.73 Mil. Lindbergh SpA's operating liabilities for the quarter that ended in Dec. 2025 was €20.20 Mil. Lindbergh SpA's Total Assets for the quarter that ended in Jun. 2025 was €28.91 Mil. Therefore, Lindbergh SpA's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.54.


Lindbergh SpA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Lindbergh 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.

Lindbergh SpA Scaled Net Operating Assets Chart

Lindbergh SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.97 0.43 0.53 0.52 0.52

Lindbergh 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 0.51 0.52 0.44 0.46 0.54

MIL:LDB vs FDX, UPS, JBHT: Scaled Net Operating Assets Comparison

For the Integrated Freight & Logistics subindustry, Lindbergh 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.


Lindbergh SpA Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, Lindbergh SpA's Scaled Net Operating Assets distribution charts can be found below:

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


MIL:LDB
74GF Score
Lindbergh SpA MIL:LDB
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lindbergh 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.

Lindbergh 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 )
=(35.727-20.204)/29.871
=0.52

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=40.664 - 4.937
=35.727

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30.078 - 6.66 - 3.214
=20.204

Lindbergh 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 )
=(35.727-20.204)/28.914
=0.54

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=40.664 - 4.937
=35.727

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30.078 - 6.66 - 3.214
=20.204

* 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 0.54 mean?
Lindbergh SpA (MIL:LDB) has a Scaled Net Operating Assets of 0.54 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 Lindbergh SpA and its competitors.
Is Lindbergh SpA's Scaled Net Operating Assets too high?
Lindbergh SpA's current Scaled Net Operating Assets is 0.54. Overall, Lindbergh SpA has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lindbergh SpA's Scaled Net Operating Assets compare to FDX and UPS?
Lindbergh SpA's Scaled Net Operating Assets of 0.54 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 Lindbergh SpA and its competitors. Lindbergh SpA's current Scaled Net Operating Assets is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lindbergh SpA stock overvalued right now?
Based on GuruFocus' analysis, Lindbergh SpA (MIL:LDB) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.05, compared to a current price of €14.35 — trading 137.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.54. Lindbergh SpA's overall GF Score™ is 74/100 with 7 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 Lindbergh SpA (MIL:LDB), the current Scaled Net Operating Assets is 0.54 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 Lindbergh SpA (MIL:LDB) Overvalued in 2026?

Based on GuruFocus' analysis, Lindbergh SpA stock appears to be overvalued. The current stock price of €14.35 is trading 137.2% above its estimated GF Value™ of €6.05. GuruFocus considers Lindbergh SpA to be Significantly Overvalued.

Key valuation signals for MIL:LDB:

  • Scaled Net Operating Assets: 0.54
  • GF Value™: €6.05 vs. price of €14.35 (137.2% above fair value)
  • GF Score™: 74/100 with 7 warning signs

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


Lindbergh SpA Business Description

Other Exchanges D8M:Germany
Address Via Guarneri Zanetti 22, Pescarolo Ed Uniti, ITA, 26033
Lindbergh SpA offers value-added logistics services to customers in a variety of industries through networks of technical assistance and field operations management. Additionally, it operates two other business units: Waste Management/Circular Economy and HVAC (heating, ventilation, and air-conditioning) services. Maximum revenue is generated from the HVAC business unit, which is mainly engaged in servicing and installing HVAC equipment. The Circular Economy services unit manages the entire flow of industrial waste and acts as a single point of contact for large customers with special needs and requirements relating to waste disposal and recovery. Geographically, the Group generates maximum revenue from its business in Italy, and the rest from the EU (excluding Italy) and Non-EU countries.
74GF 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.

€14.35
Price
€6.05
GF Value