Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
VNE SpA's operating assets for the quarter that ended in Dec. 2025 was €28.54 Mil. VNE SpA's operating liabilities for the quarter that ended in Dec. 2025 was €8.87 Mil. VNE SpA's Total Assets for the quarter that ended in Jun. 2025 was €31.39 Mil. Therefore, VNE SpA's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.63.
VNE SpA Scaled Net Operating Assets Related Terms
VNE SpA Scaled Net Operating Assets Historical Data
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The historical data trend for VNE 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.
MIL:VNE vs GEV, ETN, PH: Scaled Net Operating Assets Comparison
For the Specialty Industrial Machinery subindustry, VNE 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.
VNE SpA Scaled Net Operating Assets vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, VNE SpA's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where VNE SpA's Scaled Net Operating Assets falls into.
* 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 0.63 mean?
VNE SpA (MIL:VNE) has a Scaled Net Operating Assets of 0.63 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 VNE SpA and its competitors.
Is VNE SpA's Scaled Net Operating Assets too high?
VNE SpA's current Scaled Net Operating Assets is 0.63. Overall, VNE SpA has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does VNE SpA's Scaled Net Operating Assets compare to GEV and ETN?
VNE SpA's Scaled Net Operating Assets of 0.63 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 VNE SpA and its competitors. VNE SpA's current Scaled Net Operating Assets is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VNE SpA stock overvalued right now?
Based on GuruFocus' analysis, VNE SpA (MIL:VNE) is currently considered Possible Value Trap. The stock's GF Value™ is €3.72, compared to a current price of €2.40 — trading 35.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.63. VNE SpA's overall GF Score™ is 33/100 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 VNE SpA (MIL:VNE), the current Scaled Net Operating Assets is 0.63 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 VNE SpA (MIL:VNE) Overvalued in 2026?
Based on GuruFocus' analysis, VNE SpA stock appears to be undervalued.
The current stock price of €2.40 is trading 35.5% below its estimated GF Value™ of €3.72.
GuruFocus considers VNE SpA to be Possible Value Trap.
Key valuation signals for MIL:VNE:
Scaled Net Operating Assets: 0.63
GF Value™: €3.72 vs. price of €2.40 (35.5% below fair value)
No single metric tells the full story. See the MIL:VNE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VNE SpA produces hardware and software for the management of banknotes, coins, and, more generally, payments and transactions through cash and cashless systems, offering a wide range of customized products. It creates, samples, and produces all its appliances internally. The company offers consulting and commercial assistance all over the world through a stable and efficient operating network; moreover, it guarantees qualified and immediate maintenance and technical assistance anywhere on every type of machine. The main markets where the company operates internationally are gambling, retail & vending, casino & ticket, and wherever there is a need to manage payments or automated transactions.
33GF Score
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