Hilbert Group AB (OSTO:HILB B) Scaled Net Operating Assets: 0.95 (As of Mar. 2026)

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OSTO:HILB B Hilbert Group AB OSTO:HILB B
60 GF Score
Price kr4.19
GF Value kr191.13
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Hilbert Group AB Scaled Net Operating Assets?

Hilbert Group AB OSTO:HILB B +0.84% 60 Scaled Net Operating Assets is 0.95 as of Mar. 2026. GuruFocus rates OSTO:HILB B with a GF Score™ of 60/100 and a GF Value™ of kr191.13 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Hilbert Group AB's operating assets for the quarter that ended in Mar. 2026 was kr249 Mil. Hilbert Group AB's operating liabilities for the quarter that ended in Mar. 2026 was kr162 Mil. Hilbert Group AB's Total Assets for the quarter that ended in Dec. 2025 was kr90 Mil. Therefore, Hilbert Group AB's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.95.


Hilbert Group AB Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Hilbert Group AB'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.

Hilbert Group AB Scaled Net Operating Assets Chart

Hilbert Group AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 24.90 0.66 0.62 0.71 0.65

Hilbert Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.56 0.60 -0.36 0.47 0.95

OSTO:HILB B vs BLK, BX, KKR: Scaled Net Operating Assets Comparison

For the Asset Management subindustry, Hilbert Group AB'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.


Hilbert Group AB Scaled Net Operating Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Hilbert Group AB's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Hilbert Group AB's Scaled Net Operating Assets falls into.


OSTO:HILB B
60GF Score
Hilbert Group AB OSTO:HILB B
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Hilbert Group AB 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.

Hilbert Group AB'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 )
=(86.535-44.743)/64.232
=0.65

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=90.49 - 3.955
=86.535

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=109.679 - 63.837 - 1.099
=44.743

Hilbert Group AB'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 )
=(248.507-162.179)/90.49
=0.95

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=253.725 - 5.218
=248.507

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=232.205 - 68.891 - 1.135
=162.179

* 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 0.95 mean?
Hilbert Group AB (OSTO:HILB B) has a Scaled Net Operating Assets of 0.95 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 Hilbert Group AB and its competitors.
Is Hilbert Group AB's Scaled Net Operating Assets too high?
Hilbert Group AB's current Scaled Net Operating Assets is 0.95. Overall, Hilbert Group AB has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hilbert Group AB's Scaled Net Operating Assets compare to BLK and BX?
Hilbert Group AB's Scaled Net Operating Assets of 0.95 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Hilbert Group AB and its competitors. Hilbert Group AB's current Scaled Net Operating Assets is 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hilbert Group AB stock overvalued right now?
Based on GuruFocus' analysis, Hilbert Group AB (OSTO:HILB B) is currently considered Significantly Undervalued. The stock's GF Value™ is kr191.13, compared to a current price of kr4.19 — trading 97.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.95. Hilbert Group AB's overall GF Score™ is 60/100 with 1 warning sign 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 Hilbert Group AB (OSTO:HILB B), the current Scaled Net Operating Assets is 0.95 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 Hilbert Group AB (OSTO:HILB B) Overvalued in 2026?

Based on GuruFocus' analysis, Hilbert Group AB stock appears to be undervalued. The current stock price of kr4.19 is trading 97.8% below its estimated GF Value™ of kr191.13. GuruFocus considers Hilbert Group AB to be Significantly Undervalued.

Key valuation signals for OSTO:HILB B:

  • Scaled Net Operating Assets: 0.95
  • GF Value™: kr191.13 vs. price of kr4.19 (97.8% below fair value)
  • GF Score™: 60/100 with 1 warning sign

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


Hilbert Group AB Business Description

Other Exchanges 999:Germany
Address Birger Jarlsgatan 2, Mailbox 545, Stockholm, SWE, 114 11
Hilbert Group AB is a quantitative investment firm connecting institutions with the digital asset markets. Its main activity, asset management, is operated as a traditional regulated fund business. The group specializes in the investment and risk management of quantitative investment solutions, which generate returns by taking advantage of both alpha and beta trading opportunities in digital asset markets. The firm's asset management activities are supplemented by proprietary trading and strategic balance sheet investments in blockchain-related equity. The group offers the following funds: Hilbert V100 Fund, Hilbert V30 Fund / Hilbert Multi Strategy Fund, Byzantine BTC Credit Fund, and Hilbert Liberty Fund. The majority of its revenue is generated from Cryptocurrency sales.
60GF Score

Get the complete analysis for OSTO:HILB B

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

kr4.19
Price
kr191.13
GF Value