Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Fly Play hf's operating assets for the quarter that ended in Jun. 2025 was kr42,148 Mil. Fly Play hf's operating liabilities for the quarter that ended in Jun. 2025 was kr22,330 Mil. Fly Play hf's Total Assets for the quarter that ended in Mar. 2025 was kr45,081 Mil. Therefore, Fly Play hf's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2025 was 0.44.
Fly Play hf Scaled Net Operating Assets Related Terms
Fly Play hf Scaled Net Operating Assets Historical Data
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The historical data trend for Fly Play hf'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.
OISE:PLAY vs DAL, UAL, LUV: Scaled Net Operating Assets Comparison
For the Airlines subindustry, Fly Play hf'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.
Fly Play hf Scaled Net Operating Assets vs Transportation Industry
For the Transportation industry and Industrials sector, Fly Play hf's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Fly Play hf'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 0.44 mean?
Fly Play hf (OISE:PLAY) has a Scaled Net Operating Assets of 0.44 as of Jun. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Fly Play hf and its competitors.
Is Fly Play hf's Scaled Net Operating Assets too high?
Fly Play hf's current Scaled Net Operating Assets is 0.44. Overall, Fly Play hf has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Fly Play hf's Scaled Net Operating Assets compare to DAL and UAL?
Fly Play hf's Scaled Net Operating Assets of 0.44 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 Fly Play hf and its competitors. Fly Play hf's current Scaled Net Operating Assets is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fly Play hf stock overvalued right now?
Fly Play hf (OISE:PLAY) has a current Scaled Net Operating Assets of 0.44. The stock's GF Value™ is kr2.40, compared to a current price of kr0.45 — trading 81.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.44. Fly Play hf's overall GF Score™ is 9/100 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 Fly Play hf (OISE:PLAY), the current Scaled Net Operating Assets is 0.44 as of Jun. 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 Fly Play hf (OISE:PLAY) Overvalued in 2026?
Based on GuruFocus' analysis, Fly Play hf stock appears to be undervalued.
The current stock price of kr0.45 is trading 81.4% below its estimated GF Value™ of kr2.40.
Key valuation signals for OISE:PLAY:
Scaled Net Operating Assets: 0.44
GF Value™: kr2.40 vs. price of kr0.45 (81.4% below fair value)
No single metric tells the full story. See the OISE:PLAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fly Play hf is an Icelandic low-cost airline operating flights between North America and Europe. It operates a fleet of Airbus aircraft, with its main hub at Keflavik International Airport. The airline offers a range of related services, including food and beverages, as well as booking services for its customers.
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