SIT SpA (MIL:SIT) Scaled Net Operating Assets: 0.49 (As of Mar. 2026)


MIL:SIT SIT SpA MIL:SIT
64 GF Score
Price €2.20
GF Value €1.94
Valuation Modestly Overvalued
! 2 Warning Signs
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What is SIT SpA Scaled Net Operating Assets?

SIT SpA MIL:SIT +1.85% 64 Scaled Net Operating Assets is 0.49 as of Mar. 2026. GuruFocus rates MIL:SIT with a GF Score™ of 64/100 and a GF Value™ of €1.94 (Modestly Overvalued). 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.

SIT SpA's operating assets for the quarter that ended in Mar. 2026 was €361.2 Mil. SIT SpA's operating liabilities for the quarter that ended in Mar. 2026 was €179.4 Mil. SIT SpA's Total Assets for the quarter that ended in Dec. 2025 was €370.5 Mil. Therefore, SIT SpA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.49.

SIT SpA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for SIT 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.

SIT SpA Scaled Net Operating Assets Chart

SIT SpA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.59 0.66 0.64 0.56 0.60

SIT SpA Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only 0.46 0.63 0.46 0.61 0.49

MIL:SIT vs GEV, ETN, PH: Scaled Net Operating Assets Comparison

For the Specialty Industrial Machinery subindustry, SIT 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.

SIT SpA Scaled Net Operating Assets vs Industrial Products Industry

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

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


MIL:SIT
64GF Score
SIT SpA MIL:SIT
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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SIT 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.

SIT 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 )
=(357.913-126.942)/386.775
=0.60

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=370.54 - 12.627
=357.913

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=268.364 - 109.554 - 31.868
=126.942

SIT SpA's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(361.167-179.366)/370.54
=0.49

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=371.554 - 10.387
=361.167

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=267.983 - 57.276 - 31.341
=179.366

* 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 0.49 mean?
SIT SpA (MIL:SIT) has a Scaled Net Operating Assets of 0.49 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on SIT SpA and its competitors.
Is SIT SpA's Scaled Net Operating Assets too high?
SIT SpA's current Scaled Net Operating Assets is 0.49. Overall, SIT SpA has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SIT SpA's Scaled Net Operating Assets compare to GEV and ETN?
SIT SpA's Scaled Net Operating Assets of 0.49 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 SIT SpA and its competitors. SIT SpA's current Scaled Net Operating Assets is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIT SpA stock overvalued right now?
Based on GuruFocus' analysis, SIT SpA (MIL:SIT) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.94, compared to a current price of €2.20 — trading 13.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.49. SIT SpA's overall GF Score™ is 64/100 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 SIT SpA (MIL:SIT), the current Scaled Net Operating Assets is 0.49 as of Mar. 2026. 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 SIT SpA (MIL:SIT) Overvalued in 2026?

Based on GuruFocus' analysis, SIT SpA stock appears to be overvalued. The current stock price of €2.20 is trading 13.4% above its estimated GF Value™ of €1.94. GuruFocus considers SIT SpA to be Modestly Overvalued.

Key valuation signals for MIL:SIT:

  • Scaled Net Operating Assets: 0.49
  • GF Value™: €1.94 vs. price of €2.20 (13.4% above fair value)
  • GF Score™: 64/100 with 2 warning signs

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

SIT SpA Business Description

Address Viale A. Volta, 2, Cusago, Milan, ITA, 20090
SIT SpA is engaged in the manufacture of industrial products. The company products include timing belt drives, polyurethane belt drives, V-belt drives, POLY-V belt drives, flat belt drives, chain drives, couplings, locking devices, bearing units and rod ends, antivibration mounts, and electronic equipment, motor bases, tensioners, and TEN-SIT. The company exports its products to Spain, France, Germany, Switzerland, the USA, and China.
64GF 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.

€2.20
Price
€1.94
GF Value