Belysse Group NV (STU:BDB) Scaled Net Operating Assets: 0.66 (As of Dec. 2025)


STU:BDB Belysse Group NV STU:BDB
29 GF Score
Price €0.48
GF Value €0.65
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Belysse Group NV Scaled Net Operating Assets?

Belysse Group NV STU:BDB -5.12% 29 Scaled Net Operating Assets is 0.66 as of Dec. 2025. GuruFocus rates STU:BDB with a GF Score™ of 29/100 and a GF Value™ of €0.65 (Modestly Undervalued). The stock has 6 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.

Belysse Group NV's operating assets for the quarter that ended in Dec. 2025 was €257.9 Mil. Belysse Group NV's operating liabilities for the quarter that ended in Dec. 2025 was €59.5 Mil. Belysse Group NV's Total Assets for the quarter that ended in Jun. 2025 was €301.5 Mil. Therefore, Belysse Group NV's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.66.


Belysse Group NV Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Belysse Group NV'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.

Belysse Group NV Scaled Net Operating Assets Chart

Belysse Group NV 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 0.48 0.35 0.62 0.68 0.62

Belysse Group NV 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 0.67 0.68 0.69 0.63 0.66

STU:BDB vs AIN: Scaled Net Operating Assets Comparison

For the Textile Manufacturing subindustry, Belysse Group NV'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.


Belysse Group NV Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Belysse Group NV's Scaled Net Operating Assets distribution charts can be found below:

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


STU:BDB
29GF Score
Belysse Group NV STU:BDB
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Belysse Group NV 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.

Belysse Group NV'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 )
=(257.857-59.474)/320.279
=0.62

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=292.316 - 34.459
=257.857

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=217.643 - 147.479 - 10.69
=59.474

Belysse Group NV'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 )
=(257.857-59.474)/301.48
=0.66

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=292.316 - 34.459
=257.857

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=217.643 - 147.479 - 10.69
=59.474

* 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 0.66 mean?
Belysse Group NV (STU:BDB) has a Scaled Net Operating Assets of 0.66 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 Belysse Group NV and its competitors.
Is Belysse Group NV's Scaled Net Operating Assets too high?
Belysse Group NV's current Scaled Net Operating Assets is 0.66. Overall, Belysse Group NV has a GF Score™ of 29/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Belysse Group NV's Scaled Net Operating Assets compare to AIN?
Belysse Group NV's Scaled Net Operating Assets of 0.66 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Scaled Net Operating Assets depends on the Manufacturing - Apparel & Accessories 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 Belysse Group NV and its competitors. Belysse Group NV's current Scaled Net Operating Assets is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belysse Group NV stock overvalued right now?
Based on GuruFocus' analysis, Belysse Group NV (STU:BDB) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.65, compared to a current price of €0.48 — trading 25.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.66. Belysse Group NV's overall GF Score™ is 29/100 with 6 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 Belysse Group NV (STU:BDB), the current Scaled Net Operating Assets is 0.66 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 Belysse Group NV (STU:BDB) Overvalued in 2026?

Based on GuruFocus' analysis, Belysse Group NV stock appears to be undervalued. The current stock price of €0.48 is trading 25.8% below its estimated GF Value™ of €0.65. GuruFocus considers Belysse Group NV to be Modestly Undervalued.

Key valuation signals for STU:BDB:

  • Scaled Net Operating Assets: 0.66
  • GF Value™: €0.65 vs. price of €0.48 (25.8% below fair value)
  • GF Score™: 29/100 with 6 warning signs

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


Belysse Group NV Business Description

Other Exchanges BDB:GermanyBELYS:Belgium
Address Franklin Rooseveltlaan 172-174, Waregem, BEL, 8790
Belysse Group NV manufactures sustainable textile floor coverings for commercial and residential applications and sells its products mainly in North America and Europe under the premium brands. The Group's operating business segments are: the U.S., which generates the maximum revenue, and Europe. The Europe segment designs, manufactures, and distributes branded broadloom carpets (ITC and Arc Edition brand) and modular carpet tiles (modulyss brand). The U.S. segment designs, manufactures, and distributes modular carpet tiles mainly for offices and public projects through the Group's Bentley brand in the U.S. Geographically, the Group generates maximum revenue from its business in North America, followed by Europe, and the Rest of the world.
29GF Score

Get the complete analysis for STU:BDB

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

€0.48
Price
€0.65
GF Value