Bradespar (STU:FXMA) Scaled Net Operating Assets: 1.00 (As of Mar. 2026)


STU:FXMA Bradespar SA STU:FXMA
53 GF Score
Price €3.04
GF Value €1.39
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Bradespar Scaled Net Operating Assets?

Bradespar STU:FXMA +0.66% 53 Scaled Net Operating Assets is 1.00 as of Mar. 2026. GuruFocus rates STU:FXMA with a GF Score™ of 53/100 and a GF Value™ of €1.39 (Significantly Overvalued). The stock has 3 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.

Bradespar's operating assets for the quarter that ended in Mar. 2026 was €1,259.5 Mil. Bradespar's operating liabilities for the quarter that ended in Mar. 2026 was €7.0 Mil. Bradespar's Total Assets for the quarter that ended in Dec. 2025 was €1,252.2 Mil. Therefore, Bradespar's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 1.00.

STU:FXMA
53GF Score
Bradespar SA STU:FXMA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Bradespar 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.

Bradespar'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 )
=(1249.318-54.389)/1347.25
=0.89

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1252.199 - 2.881
=1249.318

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=55.067 - 0.678 - 0
=54.389

Bradespar's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(1259.463-7.002)/1252.199
=1.00

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1301.807 - 42.344
=1259.463

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7.698 - 0.696 - 0
=7.002

* 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 1.00 mean?
Bradespar (STU:FXMA) has a Scaled Net Operating Assets of 1.00 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 Bradespar and its competitors.
Is Bradespar's Scaled Net Operating Assets too high?
Bradespar's current Scaled Net Operating Assets is 1.00. Overall, Bradespar has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bradespar's Scaled Net Operating Assets compare to BLK and BX?
Bradespar's Scaled Net Operating Assets of 1.00 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Bradespar and its competitors. Bradespar's current Scaled Net Operating Assets is 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bradespar stock overvalued right now?
Based on GuruFocus' analysis, Bradespar (STU:FXMA) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.39, compared to a current price of €3.04 — trading 118.7% above its estimated fair value. The current Scaled Net Operating Assets is 1.00. Bradespar's overall GF Score™ is 53/100 with 3 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 Bradespar (STU:FXMA), the current Scaled Net Operating Assets is 1.00 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 Bradespar (STU:FXMA) Overvalued in 2026?

Based on GuruFocus' analysis, Bradespar stock appears to be overvalued. The current stock price of €3.04 is trading 118.7% above its estimated GF Value™ of €1.39. GuruFocus considers Bradespar to be Significantly Overvalued.

Key valuation signals for STU:FXMA:

  • Scaled Net Operating Assets: 1.00
  • GF Value™: €1.39 vs. price of €3.04 (118.7% above fair value)
  • GF Score™: 53/100 with 3 warning signs

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

Bradespar Business Description

Address Avenue Paulista 1450, 9th floor, Cerqueira Cesar, Sao paulo, SP, BRA, 1310917
Bradespar SA is a Brazil-based holding company whose corporate purpose and single business segment is to hold equity interest as a partner or shareholder in other companies. Its holding companies include Millennium Security Holdings, which does business in the British Virgin Islands; and Vale S.A., which produces iron ore, raw materials for the steel and nickel industries, and metals. The company's operating income originates from equity accounting, dividends, and interest on equity received from Vale and interest from redeemable shares received.
53GF 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.

€3.04
Price
€1.39
GF Value