Novamarine SpA (MIL:NOVA) Scaled Net Operating Assets: 0.65 (As of Dec. 2025)


MIL:NOVA Novamarine SpA MIL:NOVA
17 GF Score
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What is Novamarine SpA Scaled Net Operating Assets?

Novamarine SpA MIL:NOVA -1.10% 17 Scaled Net Operating Assets is 0.65 as of Dec. 2025. GuruFocus rates MIL:NOVA with a GF Score™ of 17/100. 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.

Novamarine SpA's operating assets for the quarter that ended in Dec. 2025 was €49.36 Mil. Novamarine SpA's operating liabilities for the quarter that ended in Dec. 2025 was €13.43 Mil. Novamarine SpA's Total Assets for the quarter that ended in Jun. 2025 was €55.36 Mil. Therefore, Novamarine SpA's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.65.

Novamarine SpA Scaled Net Operating Assets Historical Data

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The historical data trend for Novamarine 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.

Novamarine SpA Scaled Net Operating Assets Chart

Novamarine SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.49 0.45 0.51 0.70 0.69

Novamarine SpA Semi-Annual Data
Dec21 Dec22 Dec23 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial 0.45 0.51 0.70 0.55 0.65

MIL:NOVA vs BC, THO, PII: Scaled Net Operating Assets Comparison

For the Recreational Vehicles subindustry, Novamarine 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.

Novamarine SpA Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Novamarine SpA's Scaled Net Operating Assets distribution charts can be found below:

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


MIL:NOVA
17GF Score
Novamarine SpA MIL:NOVA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Novamarine 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.

Novamarine 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 )
=(49.358-13.425)/51.786
=0.69

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=52.676 - 3.318
=49.358

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=26.42 - 12.995 - 0
=13.425

Novamarine 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 )
=(49.358-13.425)/55.359
=0.65

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=52.676 - 3.318
=49.358

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=26.42 - 12.995 - 0
=13.425

* 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 0.65 mean?
Novamarine SpA (MIL:NOVA) has a Scaled Net Operating Assets of 0.65 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 Novamarine SpA and its competitors.
Is Novamarine SpA's Scaled Net Operating Assets too high?
Novamarine SpA's current Scaled Net Operating Assets is 0.65. Overall, Novamarine SpA has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Novamarine SpA's Scaled Net Operating Assets compare to BC and THO?
Novamarine SpA's Scaled Net Operating Assets of 0.65 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 Novamarine SpA and its competitors. Novamarine SpA's current Scaled Net Operating Assets is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novamarine SpA stock overvalued right now?
Novamarine SpA (MIL:NOVA) has a current Scaled Net Operating Assets of 0.65. The current Scaled Net Operating Assets is 0.65. Novamarine SpA's overall GF Score™ is 17/100 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 Novamarine SpA (MIL:NOVA), the current Scaled Net Operating Assets is 0.65 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.

Novamarine SpA Business Description

Address Via Rocco de Salvo, Olbia, ITA, 07026
Novamarine SpA is a company active in the design, production and marketing of high-performance pleasure boats in the pleasure and professional segments.
17GF Score

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