Longino & Cardenal SpA (MIL:LON) Scaled Net Operating Assets: 0.43 (As of Dec. 2025)


MIL:LON Longino & Cardenal SpA MIL:LON
60 GF Score
Price €1.09
GF Value €2.02
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Longino & Cardenal SpA Scaled Net Operating Assets?

Longino & Cardenal SpA MIL:LON 60 Scaled Net Operating Assets is 0.43 as of Dec. 2025. GuruFocus rates MIL:LON with a GF Score™ of 60/100 and a GF Value™ of €2.02 (Significantly Undervalued). The stock has 3 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.

Longino & Cardenal SpA's operating assets for the quarter that ended in Dec. 2025 was €15.08 Mil. Longino & Cardenal SpA's operating liabilities for the quarter that ended in Dec. 2025 was €7.27 Mil. Longino & Cardenal SpA's Total Assets for the quarter that ended in Jun. 2025 was €17.98 Mil. Therefore, Longino & Cardenal SpA's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.43.


Longino & Cardenal SpA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Longino & Cardenal 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.

Longino & Cardenal SpA Scaled Net Operating Assets Chart

Longino & Cardenal SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.50 0.58 0.47 0.41

Longino & Cardenal SpA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.50 0.53 0.47 0.43 0.44

MIL:LON vs SYY, USFD, PFGC: Scaled Net Operating Assets Comparison

For the Food Distribution subindustry, Longino & Cardenal 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.


Longino & Cardenal SpA Scaled Net Operating Assets vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Longino & Cardenal SpA's Scaled Net Operating Assets distribution charts can be found below:

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


MIL:LON
60GF Score
Longino & Cardenal SpA MIL:LON
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Longino & Cardenal 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.

Longino & Cardenal 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 )
=(15.083-7.266)/19.311
=0.40

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16.921 - 1.838
=15.083

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14.052 - 2.663 - 4.123
=7.266

Longino & Cardenal 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 )
=(15.083-7.266)/17.984
=0.43

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16.921 - 1.838
=15.083

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14.052 - 2.663 - 4.123
=7.266

* 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 0.43 mean?
Longino & Cardenal SpA (MIL:LON) has a Scaled Net Operating Assets of 0.43 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 Longino & Cardenal SpA and its competitors.
Is Longino & Cardenal SpA's Scaled Net Operating Assets too high?
Longino & Cardenal SpA's current Scaled Net Operating Assets is 0.43. Overall, Longino & Cardenal SpA has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Longino & Cardenal SpA's Scaled Net Operating Assets compare to SYY and USFD?
Longino & Cardenal SpA's Scaled Net Operating Assets of 0.43 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Scaled Net Operating Assets depends on the Retail - Defensive 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 Longino & Cardenal SpA and its competitors. Longino & Cardenal SpA's current Scaled Net Operating Assets is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Longino & Cardenal SpA stock overvalued right now?
Based on GuruFocus' analysis, Longino & Cardenal SpA (MIL:LON) is currently considered Significantly Undervalued. The stock's GF Value™ is €2.02, compared to a current price of €1.09 — trading 46% below its estimated fair value. The current Scaled Net Operating Assets is 0.43. Longino & Cardenal SpA's overall GF Score™ is 60/100 with 3 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 Longino & Cardenal SpA (MIL:LON), the current Scaled Net Operating Assets is 0.43 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 Longino & Cardenal SpA (MIL:LON) Overvalued in 2026?

Based on GuruFocus' analysis, Longino & Cardenal SpA stock appears to be undervalued. The current stock price of €1.09 is trading 46% below its estimated GF Value™ of €2.02. GuruFocus considers Longino & Cardenal SpA to be Significantly Undervalued.

Key valuation signals for MIL:LON:

  • Scaled Net Operating Assets: 0.43
  • GF Value™: €2.02 vs. price of €1.09 (46% below fair value)
  • GF Score™: 60/100 with 3 warning signs

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


Longino & Cardenal SpA Business Description

Address Via Ambrogio Moroni, 8, Pogliano Milanese, Milan, ITA, 20010
Longino & Cardenal SpA distributes quality food products. It mainly supplies new raw ingredients to restaurants, luxury hotels, caterers and gastronomic operators, wholesalers, supermarkets, and private individuals. Geographically, the company derives a majority of its revenue from Italy.
60GF Score

Get the complete analysis for MIL:LON

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

€1.09
Price
€2.02
GF Value