Movado Group (STU:MV4) Scaled Net Operating Assets: 0.48 (As of Apr. 2026)

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STU:MV4 Movado Group Inc STU:MV4
62 GF Score
Price €33.60
GF Value €20.93
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Movado Group Scaled Net Operating Assets?

Movado Group STU:MV4 -1.18% 62 Scaled Net Operating Assets is 0.48 as of Apr. 2026. GuruFocus rates STU:MV4 with a GF Score™ of 62/100 and a GF Value™ of €20.93 (Significantly Overvalued). The stock has 9 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.

Movado Group's operating assets for the quarter that ended in Apr. 2026 was €435.0 Mil. Movado Group's operating liabilities for the quarter that ended in Apr. 2026 was €131.3 Mil. Movado Group's Total Assets for the quarter that ended in Jan. 2026 was €632.0 Mil. Therefore, Movado Group's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.48.


Movado Group Scaled Net Operating Assets Historical Data

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The historical data trend for Movado Group'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.

Movado Group Scaled Net Operating Assets Chart

Movado Group Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.48 0.43 0.51 0.43

Movado Group Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.49 0.52 0.53 0.47 0.48

STU:MV4 vs ELA, REAL, LANV: Scaled Net Operating Assets Comparison

For the Luxury Goods subindustry, Movado Group'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.


Movado Group Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Movado Group's Scaled Net Operating Assets distribution charts can be found below:

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


STU:MV4
62GF Score
Movado Group Inc STU:MV4
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Movado Group 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.

Movado Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jan. 2026 )
=(Operating Assets (A: Jan. 2026 )-Operating Liabilities (A: Jan. 2026 ))/Total Assets (A: Jan. 2025 )
=(435.78-130.794)/704.437
=0.43

where

Operating Assets(A: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=631.97 - 196.19
=435.78

Operating Liabilities(A: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=197.739 - 49.412 - 17.533
=130.794

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

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Jan. 2026 )
=(434.979-131.309)/631.97
=0.48

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=627.579 - 192.6
=434.979

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=194.165 - 45.709 - 17.147
=131.309

* 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 0.48 mean?
Movado Group (STU:MV4) has a Scaled Net Operating Assets of 0.48 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Movado Group and its competitors.
Is Movado Group's Scaled Net Operating Assets too high?
Movado Group's current Scaled Net Operating Assets is 0.48. Overall, Movado Group has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Movado Group's Scaled Net Operating Assets compare to ELA and REAL?
Movado Group's Scaled Net Operating Assets of 0.48 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 Movado Group and its competitors. Movado Group's current Scaled Net Operating Assets is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Movado Group stock overvalued right now?
Based on GuruFocus' analysis, Movado Group (STU:MV4) is currently considered Significantly Overvalued. The stock's GF Value™ is €20.93, compared to a current price of €33.60 — trading 60.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.48. Movado Group's overall GF Score™ is 62/100 with 9 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 Movado Group (STU:MV4), the current Scaled Net Operating Assets is 0.48 as of Apr. 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 Movado Group (STU:MV4) Overvalued in 2026?

Based on GuruFocus' analysis, Movado Group stock appears to be overvalued. The current stock price of €33.60 is trading 60.5% above its estimated GF Value™ of €20.93. GuruFocus considers Movado Group to be Significantly Overvalued.

Key valuation signals for STU:MV4:

  • Scaled Net Operating Assets: 0.48
  • GF Value™: €20.93 vs. price of €33.60 (60.5% above fair value)
  • GF Score™: 62/100 with 9 warning signs

No single metric tells the full story. See the STU:MV4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Movado Group Business Description

Other Exchanges MOV:USA
Address 650 From Road, Suite 375, Paramus, NJ, USA, 07652-3556
Movado Group Inc designs, develops, sources, markets, and distributes fine watches in the United States and internationally. It operates through the Watch and Accessory Brands and Company Stores segment. The Watch and Accessory Brands segment includes the designing, manufacturing, and distribution of watches and, to a lesser extent, jewelry and other accessories of quality owned brands and licensed brands. Its Company Stores segment includes the company's retail outlet locations in the United States and Canada. It generates maximum revenue from the Watch and Accessory Brands segment. Geographically, it derives the majority of its revenue from its international locations.
62GF Score

Get the complete analysis for STU:MV4

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

€33.60
Price
€20.93
GF Value