Magis SpA (MIL:MGS) Scaled Net Operating Assets: 0.54 (As of Dec. 2025)


MIL:MGS Magis SpA MIL:MGS
60 GF Score
Price €9.95
GF Value €11.35
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Magis SpA Scaled Net Operating Assets?

Magis SpA MIL:MGS -0.50% 60 Scaled Net Operating Assets is 0.54 as of Dec. 2025. GuruFocus rates MIL:MGS with a GF Score™ of 60/100 and a GF Value™ of €11.35 (Modestly Undervalued). 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.

Magis SpA's operating assets for the quarter that ended in Dec. 2025 was €54.38 Mil. Magis SpA's operating liabilities for the quarter that ended in Dec. 2025 was €16.36 Mil. Magis SpA's Total Assets for the quarter that ended in Jun. 2025 was €70.54 Mil. Therefore, Magis SpA's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.54.


Magis SpA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Magis 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.

Magis SpA Scaled Net Operating Assets Chart

Magis SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.73 0.59 0.51 0.48 0.48

Magis SpA Semi-Annual Data
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 0.52 0.53 0.45 0.52 0.54

MIL:MGS vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Magis 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.


Magis SpA Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Magis SpA's Scaled Net Operating Assets distribution charts can be found below:

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


MIL:MGS
60GF Score
Magis SpA MIL:MGS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Magis 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.

Magis 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 )
=(54.379-16.358)/79.166
=0.48

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=67.738 - 13.359
=54.379

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=22.54 - 3.372 - 2.81
=16.358

Magis 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 )
=(54.379-16.358)/70.536
=0.54

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=67.738 - 13.359
=54.379

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=22.54 - 3.372 - 2.81
=16.358

* 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?
Magis SpA (MIL:MGS) 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 Magis SpA and its competitors.
Is Magis SpA's Scaled Net Operating Assets too high?
Magis SpA's current Scaled Net Operating Assets is 0.54. Overall, Magis SpA has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Magis SpA's Scaled Net Operating Assets compare to LIN and SHW?
Magis SpA's Scaled Net Operating Assets of 0.54 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Magis SpA and its competitors. Magis 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 Magis SpA stock overvalued right now?
Based on GuruFocus' analysis, Magis SpA (MIL:MGS) is currently considered Modestly Undervalued. The stock's GF Value™ is €11.35, compared to a current price of €9.95 — trading 12.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.54. Magis SpA's overall GF Score™ is 60/100 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 Magis SpA (MIL:MGS), 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 Magis SpA (MIL:MGS) Overvalued in 2026?

Based on GuruFocus' analysis, Magis SpA stock appears to be undervalued. The current stock price of €9.95 is trading 12.3% below its estimated GF Value™ of €11.35. GuruFocus considers Magis SpA to be Modestly Undervalued.

Key valuation signals for MIL:MGS:

  • Scaled Net Operating Assets: 0.54
  • GF Value™: €11.35 vs. price of €9.95 (12.3% below fair value)
  • GF Score™: 60/100 with 2 warning signs

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


Magis SpA Business Description

Other Exchanges ZF6:Germany
Address Via Ponte Cerretano, 24, Cerreto Guidi, Florence, ITA, 50050
Magis SpA engages in the production of customized adhesive tapes, packaging products, and closure systems for disposable nappies and adult incontinence products. Its products comprise Bopp tapes, Bopet tapes, Duct tapes, Crepe tapes, and Mopp tapes.
60GF Score

Get the complete analysis for MIL:MGS

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

€9.95
Price
€11.35
GF Value