NEXXY (Nexi SpA) Scaled Net Operating Assets: 0.33 (As of Dec. 2025)


NEXXY Nexi SpA NEXXY
70 GF Score
Price $4.01
GF Value $5.97
Valuation Possible Value Trap
! 3 Warning Signs
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What is Nexi SpA Scaled Net Operating Assets?

Nexi SpA NEXXY +2.04% 70 Scaled Net Operating Assets is 0.33 as of Dec. 2025. GuruFocus rates NEXXY with a GF Score™ of 70/100 and a GF Value™ of $5.97 (Possible Value Trap). The stock has 3 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.

Nexi SpA's operating assets for the quarter that ended in Dec. 2025 was $16,823 Mil. Nexi SpA's operating liabilities for the quarter that ended in Dec. 2025 was $7,529 Mil. Nexi SpA's Total Assets for the quarter that ended in Jun. 2025 was $28,561 Mil. Therefore, Nexi SpA's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.33.


Nexi SpA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Nexi 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.

Nexi SpA Scaled Net Operating Assets Chart

Nexi 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 3.06 0.80 0.87 0.28 0.36

Nexi SpA Semi-Annual Data
Dec16 Dec17 Jun18 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 0.87 0.84 0.27 0.49 0.33

NEXXY vs MSFT, ORCL, PLTR: Scaled Net Operating Assets Comparison

For the Software - Infrastructure subindustry, Nexi 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.


Nexi SpA Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Nexi SpA's Scaled Net Operating Assets distribution charts can be found below:

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


NEXXY
70GF Score
Nexi SpA NEXXY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nexi 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.

Nexi 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 )
=(16823.185-7529.273)/25650.262
=0.36

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23692.037 - 6868.852
=16823.185

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15400.468 - 6599.532 - 1271.663
=7529.273

Nexi 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 )
=(16823.185-7529.273)/28560.554
=0.33

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23692.037 - 6868.852
=16823.185

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15400.468 - 6599.532 - 1271.663
=7529.273

* 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 0.33 mean?
Nexi SpA (NEXXY) has a Scaled Net Operating Assets of 0.33 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 Nexi SpA and its competitors.
Is Nexi SpA's Scaled Net Operating Assets too high?
Nexi SpA's current Scaled Net Operating Assets is 0.33. Overall, Nexi SpA has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nexi SpA's Scaled Net Operating Assets compare to MSFT and ORCL?
Nexi SpA's Scaled Net Operating Assets of 0.33 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Nexi SpA and its competitors. Nexi SpA's current Scaled Net Operating Assets is 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexi SpA stock overvalued right now?
Based on GuruFocus' analysis, Nexi SpA (NEXXY) is currently considered Possible Value Trap. The stock's GF Value™ is $5.97, compared to a current price of $4.01 — trading 32.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.33. Nexi SpA's overall GF Score™ is 70/100 with 3 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 Nexi SpA (NEXXY), the current Scaled Net Operating Assets is 0.33 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 Nexi SpA (NEXXY) Overvalued in 2026?

Based on GuruFocus' analysis, Nexi SpA stock appears to be undervalued. The current stock price of $4.01 is trading 32.8% below its estimated GF Value™ of $5.97. GuruFocus considers Nexi SpA to be Possible Value Trap.

Key valuation signals for NEXXY:

  • Scaled Net Operating Assets: 0.33
  • GF Value™: $5.97 vs. price of $4.01 (32.8% below fair value)
  • GF Score™: 70/100 with 3 warning signs

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


Nexi SpA Business Description

Address Corso Sempione 55, Milan, ITA, 20149
Nexi is a payment services provider offering merchant acquiring, card issuing, and digital banking services across Europe. Nexi's services cover the entire payment chain excluding the card scheme. It offers its acquiring and issuing services either in partnerships with banks, providing point-of-sale terminals, processing, or issuing services on their behalf or directly to merchants.
70GF 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.

$4.01
Price
$5.97
GF Value