Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Spire Global's operating assets for the quarter that ended in Mar. 2026 was €115.39 Mil. Spire Global's operating liabilities for the quarter that ended in Mar. 2026 was €69.10 Mil. Spire Global's Total Assets for the quarter that ended in Dec. 2025 was €180.19 Mil. Therefore, Spire Global's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.26.
Spire Global Scaled Net Operating Assets Related Terms
Spire Global Scaled Net Operating Assets Historical Data
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The historical data trend for Spire Global'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.
STU:EL9 vs CASS, QUAD, TRNS: Scaled Net Operating Assets Comparison
For the Specialty Business Services subindustry, Spire Global'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.
Spire Global Scaled Net Operating Assets vs Business Services Industry
For the Business Services industry and Industrials sector, Spire Global's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Spire Global's Scaled Net Operating Assets falls into.
* 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 0.26 mean?
Spire Global (STU:EL9) has a Scaled Net Operating Assets of 0.26 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 Spire Global and its competitors.
Is Spire Global's Scaled Net Operating Assets too high?
Spire Global's current Scaled Net Operating Assets is 0.26. Overall, Spire Global has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spire Global's Scaled Net Operating Assets compare to CASS and QUAD?
Spire Global's Scaled Net Operating Assets of 0.26 can be compared against companies in the Business Services 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 Business Services company?
A good Scaled Net Operating Assets depends on the Business Services 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 Spire Global and its competitors. Spire Global's current Scaled Net Operating Assets is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spire Global stock overvalued right now?
Based on GuruFocus' analysis, Spire Global (STU:EL9) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.81, compared to a current price of €14.80 — trading 288.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.26. Spire Global's overall GF Score™ is 55/100 with 8 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 Spire Global (STU:EL9), the current Scaled Net Operating Assets is 0.26 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 Spire Global (STU:EL9) Overvalued in 2026?
Based on GuruFocus' analysis, Spire Global stock appears to be overvalued.
The current stock price of €14.80 is trading 288.5% above its estimated GF Value™ of €3.81.
GuruFocus considers Spire Global to be Significantly Overvalued.
Key valuation signals for STU:EL9:
Scaled Net Operating Assets: 0.26
GF Value™: €3.81 vs. price of €14.80 (288.5% above fair value)
No single metric tells the full story. See the STU:EL9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spire Global Inc provides space-based data, analytics, and space services, offering datasets and insights about Earth to support decision-making. It builds, owns, and operates a constellation of nanosatellites that observe the Earth in real time using radio frequency (RF) technology. Additionally, it offers Space Services solutions that allow customers to deploy and scale their own satellite constellations using its platform, ground station network, manufacturing facilities, and launch partnerships. The company derives revenue from providing data, insights and access to its cloud-based technology platform sold on a subscription basis.
55GF Score
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