SPIE (SPIIY) Scaled Net Operating Assets: N/A (As of Dec. 2025)


SPIIY SPIE SA SPIIY
67 GF Score
Price $12.88
GF Value $12.16
Valuation Fairly Valued
! 3 Warning Signs
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What is SPIE Scaled Net Operating Assets?

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

SPIE's operating assets for the quarter that ended in Dec. 2025 was $11,125 Mil. SPIE's operating liabilities for the quarter that ended in Dec. 2025 was $6,235 Mil. SPIE's Total Assets for the quarter that ended in Sep. 2025 was $0 Mil. Therefore, SPIE's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was N/A.

SPIE Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for SPIE'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.

SPIE Scaled Net Operating Assets Chart

SPIE 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 0.33 0.35 0.38 0.43 0.47

SPIE Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 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 0.00 0.00 0.48 0.00 0.00

SPIIY vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, SPIE'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.

SPIE Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, SPIE's Scaled Net Operating Assets distribution charts can be found below:

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


SPIIY
67GF Score
SPIE SA SPIIY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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SPIE 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.

SPIE'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 )
=(11124.825-6234.778)/10457.277
=0.47

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12055.504 - 930.679
=11124.825

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9513.232 - 2600.351 - 678.103
=6234.778

SPIE'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: Sep. 2025 )
=(11124.825-6234.778)/0
=N/A

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12055.504 - 930.679
=11124.825

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9513.232 - 2600.351 - 678.103
=6234.778

* 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.

Is SPIE (SPIIY) Overvalued in 2026?

Based on GuruFocus' analysis, SPIE stock appears to be overvalued. The current stock price of $12.88 is trading 5.9% above its estimated GF Value™ of $12.16. GuruFocus considers SPIE to be Fairly Valued.

Key valuation signals for SPIIY:

  • Scaled Net Operating Assets: N/A
  • GF Value™: $12.16 vs. price of $12.88 (5.9% above fair value)
  • GF Score™: 67/100 with 3 warning signs

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

SPIE Business Description

Address 10, Avenue de l’Entreprise, Cergy-Pontoise, FRA, 95863
SPIE SA is a European provider of multi-technical services in electrical, mechanical, and HVAC engineering and communication systems as well as specialized energy-related services. It helps its customers design, build, operate and maintain facilities that are energy-efficient and environmentally friendly. The group structures its activities around operating segments: France, North-Western Europe, Germany, Central Europe, and Global Services Energy. The majority of its revenue is derived from the Germany segment. It has a geographic presence in Europe, Africa, North, America, Asia-Pacific and Middle East.
67GF 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.

$12.88
Price
$12.16
GF Value