Trevi Finanziaria Industriale SpA (MIL:TFIN) Scaled Net Operating Assets: 0.46 (As of Dec. 2025)

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MIL:TFIN Trevi Finanziaria Industriale SpA MIL:TFIN
58 GF Score
Price €4.00
GF Value €3.01
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Trevi Finanziaria Industriale SpA Scaled Net Operating Assets?

Trevi Finanziaria Industriale SpA MIL:TFIN -0.40% 58 Scaled Net Operating Assets is 0.46 as of Dec. 2025. GuruFocus rates MIL:TFIN with a GF Score™ of 58/100 and a GF Value™ of €3.01 (Significantly Overvalued). 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.

Trevi Finanziaria Industriale SpA's operating assets for the quarter that ended in Dec. 2025 was €579.4 Mil. Trevi Finanziaria Industriale SpA's operating liabilities for the quarter that ended in Dec. 2025 was €258.9 Mil. Trevi Finanziaria Industriale SpA's Total Assets for the quarter that ended in Jun. 2025 was €700.3 Mil. Therefore, Trevi Finanziaria Industriale SpA's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.46.


Trevi Finanziaria Industriale SpA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Trevi Finanziaria Industriale 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.

Trevi Finanziaria Industriale SpA Scaled Net Operating Assets Chart

Trevi Finanziaria Industriale 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 0.51 0.48 0.46 0.50 0.43

Trevi Finanziaria Industriale SpA Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 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 Premium Member Only 0.50 0.50 0.50 0.43 0.46

MIL:TFIN vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, Trevi Finanziaria Industriale 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.


Trevi Finanziaria Industriale SpA Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Trevi Finanziaria Industriale SpA's Scaled Net Operating Assets distribution charts can be found below:

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


MIL:TFIN
58GF Score
Trevi Finanziaria Industriale SpA MIL:TFIN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Trevi Finanziaria Industriale 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.

Trevi Finanziaria Industriale 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 )
=(579.398-258.911)/750.44
=0.43

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=678.888 - 99.49
=579.398

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=545.805 - 17.697 - 269.197
=258.911

Trevi Finanziaria Industriale 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 )
=(579.398-258.911)/700.263
=0.46

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=678.888 - 99.49
=579.398

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=545.805 - 17.697 - 269.197
=258.911

* 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 0.46 mean?
Trevi Finanziaria Industriale SpA (MIL:TFIN) has a Scaled Net Operating Assets of 0.46 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 Trevi Finanziaria Industriale SpA and its competitors.
Is Trevi Finanziaria Industriale SpA's Scaled Net Operating Assets too high?
Trevi Finanziaria Industriale SpA's current Scaled Net Operating Assets is 0.46. Overall, Trevi Finanziaria Industriale SpA has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trevi Finanziaria Industriale SpA's Scaled Net Operating Assets compare to PWR and FIX?
Trevi Finanziaria Industriale SpA's Scaled Net Operating Assets of 0.46 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Trevi Finanziaria Industriale SpA and its competitors. Trevi Finanziaria Industriale SpA's current Scaled Net Operating Assets is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trevi Finanziaria Industriale SpA stock overvalued right now?
Based on GuruFocus' analysis, Trevi Finanziaria Industriale SpA (MIL:TFIN) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.01, compared to a current price of €4.00 — trading 32.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.46. Trevi Finanziaria Industriale SpA's overall GF Score™ is 58/100 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 Trevi Finanziaria Industriale SpA (MIL:TFIN), the current Scaled Net Operating Assets is 0.46 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 Trevi Finanziaria Industriale SpA (MIL:TFIN) Overvalued in 2026?

Based on GuruFocus' analysis, Trevi Finanziaria Industriale SpA stock appears to be overvalued. The current stock price of €4.00 is trading 32.8% above its estimated GF Value™ of €3.01. GuruFocus considers Trevi Finanziaria Industriale SpA to be Significantly Overvalued.

Key valuation signals for MIL:TFIN:

  • Scaled Net Operating Assets: 0.46
  • GF Value™: €3.01 vs. price of €4.00 (32.8% above fair value)
  • GF Score™: 58/100 with 4 warning signs

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


Trevi Finanziaria Industriale SpA Business Description

Other Exchanges 0G91:UK
Address 201, Via Larga di Sant’Andrea, Cesena, ITA, 47522
Trevi Finanziaria Industriale SpA is the holding company. The Group operates globally in the ground engineering sector, providing integrated solutions (technologies and machinery) for the construction of special foundations, ground consolidation, and safety measures for complex infrastructure and/or contaminated sites. The group is organised through two operating divisions: Trevi and Soilmec. The Trevi Division is responsible for the design and construction of special foundations and ground stabilisation works, mainly for strategic infrastructure such as underground railways, bridges, dams, ports, quays, railway lines, motorways, and civil and industrial buildings. The Soilmec Division, on the other hand, designs, manufactures and markets machinery and services for special foundations.
58GF Score

Get the complete analysis for MIL:TFIN

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

€4.00
Price
€3.01
GF Value