RYCEF (Rolls-Royce Holdings) Scaled Net Operating Assets: 0.03 (As of Dec. 2025)


RYCEF Rolls-Royce Holdings PLC RYCEF
71 GF Score
Price $18.00
GF Value $8.27
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Rolls-Royce Holdings Scaled Net Operating Assets?

Rolls-Royce Holdings RYCEF -0.90% 71 Scaled Net Operating Assets is 0.03 as of Dec. 2025. GuruFocus rates RYCEF with a GF Score™ of 71/100 and a GF Value™ of $8.27 (Significantly Overvalued). The stock has 5 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.

Rolls-Royce Holdings's operating assets for the quarter that ended in Dec. 2025 was $42,928 Mil. Rolls-Royce Holdings's operating liabilities for the quarter that ended in Dec. 2025 was $41,620 Mil. Rolls-Royce Holdings's Total Assets for the quarter that ended in Jun. 2025 was $51,479 Mil. Therefore, Rolls-Royce Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.03.


Rolls-Royce Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Rolls-Royce Holdings'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.

Rolls-Royce Holdings Scaled Net Operating Assets Chart

Rolls-Royce Holdings 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 0.02 -0.08 -0.05 -0.04 0.03

Rolls-Royce Holdings Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only -0.05 -0.05 -0.03 0.04 0.03

RYCEF vs GE, RTX, BA: Scaled Net Operating Assets Comparison

For the Aerospace & Defense subindustry, Rolls-Royce Holdings'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.


Rolls-Royce Holdings Scaled Net Operating Assets vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Rolls-Royce Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Rolls-Royce Holdings's Scaled Net Operating Assets falls into.


RYCEF
71GF Score
Rolls-Royce Holdings PLC RYCEF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rolls-Royce Holdings 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.

Rolls-Royce Holdings'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 )
=(42927.71-41619.813)/45115.044
=0.03

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=51024.096 - 8096.386
=42927.71

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=47338.688 - 3809.906 - 1908.969
=41619.813

Rolls-Royce Holdings'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 )
=(42927.71-41619.813)/51478.969
=0.03

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=51024.096 - 8096.386
=42927.71

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=47338.688 - 3809.906 - 1908.969
=41619.813

* 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 0.03 mean?
Rolls-Royce Holdings (RYCEF) has a Scaled Net Operating Assets of 0.03 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 Rolls-Royce Holdings and its competitors.
Is Rolls-Royce Holdings' Scaled Net Operating Assets too high?
Rolls-Royce Holdings' current Scaled Net Operating Assets is 0.03. Overall, Rolls-Royce Holdings has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rolls-Royce Holdings' Scaled Net Operating Assets compare to GE and RTX?
Rolls-Royce Holdings' Scaled Net Operating Assets of 0.03 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Scaled Net Operating Assets depends on the Aerospace & Defense 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 Rolls-Royce Holdings and its competitors. Rolls-Royce Holdings's current Scaled Net Operating Assets is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rolls-Royce Holdings stock overvalued right now?
Based on GuruFocus' analysis, Rolls-Royce Holdings (RYCEF) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.27, compared to a current price of $18.00 — trading 117.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.03. Rolls-Royce Holdings' overall GF Score™ is 71/100 with 5 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 Rolls-Royce Holdings (RYCEF), the current Scaled Net Operating Assets is 0.03 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 Rolls-Royce Holdings (RYCEF) Overvalued in 2026?

Based on GuruFocus' analysis, Rolls-Royce Holdings stock appears to be overvalued. The current stock price of $18.00 is trading 117.7% above its estimated GF Value™ of $8.27. GuruFocus considers Rolls-Royce Holdings to be Significantly Overvalued.

Key valuation signals for RYCEF:

  • Scaled Net Operating Assets: 0.03
  • GF Value™: $8.27 vs. price of $18.00 (117.7% above fair value)
  • GF Score™: 71/100 with 5 warning signs

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


Rolls-Royce Holdings Business Description

Address 90 York Way, Kings Place, London, GBR, N1 9FX
Rolls-Royce operates three core business segments: civil aerospace, power systems, and defense. The civil aerospace segment builds engines powering wide-body aircraft, regional and business jets, and offers aftermarket services. Twenty years ago, the firm pioneered full-service flight hour contracts with the TotalCare package. Power systems provides power solutions to multiple end markets (defense, agriculture, marine, and power generation) while the defense business provides military, ground vehicle and naval propulsion solutions.
71GF Score

Get the complete analysis for RYCEF

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

$18.00
Price
$8.27
GF Value