Maps SpA (MIL:MAPS) Scaled Net Operating Assets: 0.38 (As of Dec. 2025)


MIL:MAPS Maps SpA MIL:MAPS
74 GF Score
Price €2.72
GF Value €3.45
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Maps SpA Scaled Net Operating Assets?

Maps SpA MIL:MAPS -0.37% 74 Scaled Net Operating Assets is 0.38 as of Dec. 2025. GuruFocus rates MIL:MAPS with a GF Score™ of 74/100 and a GF Value™ of €3.45 (Modestly Undervalued). The stock has 4 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.

Maps SpA's operating assets for the quarter that ended in Dec. 2025 was €58.28 Mil. Maps SpA's operating liabilities for the quarter that ended in Dec. 2025 was €35.64 Mil. Maps SpA's Total Assets for the quarter that ended in Jun. 2025 was €60.29 Mil. Therefore, Maps SpA's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.38.

Maps SpA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Maps 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.

Maps SpA Scaled Net Operating Assets Chart

Maps 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 0.20 0.28 0.29 0.35 0.42

Maps SpA Semi-Annual Data
Dec16 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 0.31 0.59 0.35 0.52 0.38

MIL:MAPS vs UBER, SHOP, CRM: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Maps 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.

Maps SpA Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Maps SpA's Scaled Net Operating Assets distribution charts can be found below:

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


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

Maps 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.

Maps 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 )
=(58.278-35.637)/54.561
=0.41

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=61.927 - 3.649
=58.278

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=35.637 - 0 - 0
=35.637

Maps 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 )
=(58.278-35.637)/60.294
=0.38

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=61.927 - 3.649
=58.278

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=35.637 - 0 - 0
=35.637

* 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 0.38 mean?
Maps SpA (MIL:MAPS) has a Scaled Net Operating Assets of 0.38 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 Maps SpA and its competitors.
Is Maps SpA's Scaled Net Operating Assets too high?
Maps SpA's current Scaled Net Operating Assets is 0.38. Overall, Maps SpA has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maps SpA's Scaled Net Operating Assets compare to UBER and SHOP?
Maps SpA's Scaled Net Operating Assets of 0.38 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Maps SpA and its competitors. Maps SpA's current Scaled Net Operating Assets is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maps SpA stock overvalued right now?
Based on GuruFocus' analysis, Maps SpA (MIL:MAPS) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.45, compared to a current price of €2.72 — trading 21.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.38. Maps SpA's overall GF Score™ is 74/100 with 4 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 Maps SpA (MIL:MAPS), the current Scaled Net Operating Assets is 0.38 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 Maps SpA (MIL:MAPS) Overvalued in 2026?

Based on GuruFocus' analysis, Maps SpA stock appears to be undervalued. The current stock price of €2.72 is trading 21.2% below its estimated GF Value™ of €3.45. GuruFocus considers Maps SpA to be Modestly Undervalued.

Key valuation signals for MIL:MAPS:

  • Scaled Net Operating Assets: 0.38
  • GF Value™: €3.45 vs. price of €2.72 (21.2% below fair value)
  • GF Score™: 74/100 with 4 warning signs

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

Maps SpA Business Description

Address Via Paradigna 38/A, Parma, ITA, 43122
Maps SpA is a software solution provider. It designs and develops software solutions that improve service quality, increase operational efficiency, and help customers improve their decision-making. The company predominantly caters to its customers in the Healthcare, Energy, and ESG sectors. Its Healthcare Business Unit develops solutions related to patient experience and telemedicine, data-driven governance platforms, applications for the digitization of diagnostic service workflows, radiology, laboratory tests, and others. The Energy business unit supports the changes taking place for the energy transition, and its ESG Business Unit commercializes solutions that measure the achievement of corporate and employee goals, manage risks, and report on non-financial performance.
74GF Score

Get the complete analysis for MIL:MAPS

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

€2.72
Price
€3.45
GF Value