Appeninn Vagyonkezelo Holding Nyrt (STU:0AP) Scaled Net Operating Assets: 0.74 (As of Dec. 2025)


STU:0AP Appeninn Vagyonkezelo Holding Nyrt STU:0AP
65 GF Score
Price €1.48
GF Value €2.27
! 4 Warning Signs
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What is Appeninn Vagyonkezelo Holding Nyrt Scaled Net Operating Assets?

Appeninn Vagyonkezelo Holding Nyrt STU:0AP -0.40% 65 Scaled Net Operating Assets is 0.74 as of Dec. 2025. GuruFocus rates STU:0AP with a GF Score™ of 65/100 and a GF Value™ of €2.27. The stock has 4 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.

Appeninn Vagyonkezelo Holding Nyrt's operating assets for the quarter that ended in Dec. 2025 was €186.49 Mil. Appeninn Vagyonkezelo Holding Nyrt's operating liabilities for the quarter that ended in Dec. 2025 was €9.49 Mil. Appeninn Vagyonkezelo Holding Nyrt's Total Assets for the quarter that ended in Jun. 2025 was €239.31 Mil. Therefore, Appeninn Vagyonkezelo Holding Nyrt's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.74.


Appeninn Vagyonkezelo Holding Nyrt Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Appeninn Vagyonkezelo Holding Nyrt'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.

Appeninn Vagyonkezelo Holding Nyrt Scaled Net Operating Assets Chart

Appeninn Vagyonkezelo Holding Nyrt 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 0.73 0.44 0.95 0.83 0.76

Appeninn Vagyonkezelo Holding Nyrt 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 0.87 0.86 0.80 0.76 0.74

Appeninn Vagyonkezelo Holding Nyrt Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Diversified subindustry, Appeninn Vagyonkezelo Holding Nyrt'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.


Appeninn Vagyonkezelo Holding Nyrt Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Appeninn Vagyonkezelo Holding Nyrt's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Appeninn Vagyonkezelo Holding Nyrt's Scaled Net Operating Assets falls into.


STU:0AP
65GF Score
Appeninn Vagyonkezelo Holding Nyrt STU:0AP
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Appeninn Vagyonkezelo Holding Nyrt 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.

Appeninn Vagyonkezelo Holding Nyrt'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 )
=(186.486-9.494)/231.683
=0.76

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=242.723 - 56.237
=186.486

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=114.262 - 101.158 - 3.61
=9.494

Appeninn Vagyonkezelo Holding Nyrt'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 )
=(186.486-9.494)/239.307
=0.74

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=242.723 - 56.237
=186.486

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=114.262 - 101.158 - 3.61
=9.494

* 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 0.74 mean?
Appeninn Vagyonkezelo Holding Nyrt (STU:0AP) has a Scaled Net Operating Assets of 0.74 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 Appeninn Vagyonkezelo Holding Nyrt and its competitors.
Is Appeninn Vagyonkezelo Holding Nyrt's Scaled Net Operating Assets too high?
Appeninn Vagyonkezelo Holding Nyrt's current Scaled Net Operating Assets is 0.74. Overall, Appeninn Vagyonkezelo Holding Nyrt has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Appeninn Vagyonkezelo Holding Nyrt's Scaled Net Operating Assets compare to competitors?
Appeninn Vagyonkezelo Holding Nyrt's Scaled Net Operating Assets of 0.74 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Appeninn Vagyonkezelo Holding Nyrt and its competitors. Appeninn Vagyonkezelo Holding Nyrt's current Scaled Net Operating Assets is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Appeninn Vagyonkezelo Holding Nyrt stock overvalued right now?
Appeninn Vagyonkezelo Holding Nyrt (STU:0AP) has a current Scaled Net Operating Assets of 0.74. The stock's GF Value™ is €2.27, compared to a current price of €1.48 — trading 34.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.74. Appeninn Vagyonkezelo Holding Nyrt's overall GF Score™ is 65/100 with 4 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 Appeninn Vagyonkezelo Holding Nyrt (STU:0AP), the current Scaled Net Operating Assets is 0.74 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 Appeninn Vagyonkezelo Holding Nyrt (STU:0AP) Overvalued in 2026?

Based on GuruFocus' analysis, Appeninn Vagyonkezelo Holding Nyrt stock appears to be undervalued. The current stock price of €1.48 is trading 34.6% below its estimated GF Value™ of €2.27.

Key valuation signals for STU:0AP:

  • Scaled Net Operating Assets: 0.74
  • GF Value™: €2.27 vs. price of €1.48 (34.6% below fair value)
  • GF Score™: 65/100 with 4 warning signs

No single metric tells the full story. See the STU:0AP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Appeninn Vagyonkezelo Holding Nyrt Business Description

Other Exchanges APPENINN:Hungary
Address 1022 Budapest, Beg utca 3-5, Kelenhegyi, HUN
Appeninn Vagyonkezelo Holding Nyrt operates as a real estate investment and asset management company in Hungary. The Company's reportable segments are Office rental service, Logistics, commercial property rental services, and other segments. The company derives maximum revenue from office rentals.
65GF Score

Get the complete analysis for STU:0AP

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

€1.48
Price
€2.27
GF Value