VNME (Vendome Acquisition I) Scaled Net Operating Assets: 1.01 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

VNME Vendome Acquisition Corp I VNME
13 GF Score
Price $10.17
View Full Analysis

What is Vendome Acquisition I Scaled Net Operating Assets?

Vendome Acquisition I VNME 13 Scaled Net Operating Assets is 1.01 as of Mar. 2026. GuruFocus rates VNME with a GF Score™ of 13/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Vendome Acquisition I's operating assets for the quarter that ended in Mar. 2026 was $205.89 Mil. Vendome Acquisition I's operating liabilities for the quarter that ended in Mar. 2026 was $0.26 Mil. Vendome Acquisition I's Total Assets for the quarter that ended in Dec. 2025 was $204.61 Mil. Therefore, Vendome Acquisition I's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 1.01.


Vendome Acquisition I Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Vendome Acquisition I'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.

Vendome Acquisition I Scaled Net Operating Assets Chart

Vendome Acquisition I Annual Data
Trend Dec25
Scaled Net Operating Assets
1.00

Vendome Acquisition I Quarterly Data
Feb25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 0.12 0.00 210.84 1.01 1.01

VNME vs NTWO, TRGS, DMAA: Scaled Net Operating Assets Comparison

For the Shell Companies subindustry, Vendome Acquisition I'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.


Vendome Acquisition I Scaled Net Operating Assets vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Vendome Acquisition I's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Vendome Acquisition I's Scaled Net Operating Assets falls into.


VNME
13GF Score
Vendome Acquisition Corp I VNME
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vendome Acquisition I 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.

Vendome Acquisition I'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: . 20 )
=(-)/
=

where

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

Vendome Acquisition I'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 )
=(205.889-0.257)/204.607
=1.01

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=206.297 - 0.408
=205.889

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.257 - 0 - 0
=0.257

* 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 1.01 mean?
Vendome Acquisition I (VNME) has a Scaled Net Operating Assets of 1.01 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 Vendome Acquisition I and its competitors.
Is Vendome Acquisition I's Scaled Net Operating Assets too high?
Vendome Acquisition I's current Scaled Net Operating Assets is 1.01. Overall, Vendome Acquisition I has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Vendome Acquisition I's Scaled Net Operating Assets compare to NTWO and TRGS?
Vendome Acquisition I's Scaled Net Operating Assets of 1.01 can be compared against companies in the Diversified Financial 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 Diversified Financial Services company?
A good Scaled Net Operating Assets depends on the Diversified Financial 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 Vendome Acquisition I and its competitors. Vendome Acquisition I's current Scaled Net Operating Assets is 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vendome Acquisition I stock overvalued right now?
Vendome Acquisition I (VNME) has a current Scaled Net Operating Assets of 1.01. The current Scaled Net Operating Assets is 1.01. Vendome Acquisition I's overall GF Score™ is 13/100. 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 Vendome Acquisition I (VNME), the current Scaled Net Operating Assets is 1.01 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.

Vendome Acquisition I Business Description

Address 1090 Center Drive, Park City, UT, USA, 84098
Vendome Acquisition Corp I is a blank check company.
13GF Score

Get the complete analysis for VNME

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

$10.17
Price