Eurohold Bulgaria AD (WAR:EHG) Scaled Net Operating Assets: 0.55 (As of Mar. 2026)


WAR:EHG Eurohold Bulgaria AD WAR:EHG
61 GF Score
Price zł4.54
GF Value zł5.31
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Eurohold Bulgaria AD Scaled Net Operating Assets?

Eurohold Bulgaria AD WAR:EHG +6.07% 61 Scaled Net Operating Assets is 0.55 as of Mar. 2026. GuruFocus rates WAR:EHG with a GF Score™ of 61/100 and a GF Value™ of zł5.31 (Modestly Undervalued). The stock has 4 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.

Eurohold Bulgaria AD's operating assets for the quarter that ended in Mar. 2026 was zł6,772 Mil. Eurohold Bulgaria AD's operating liabilities for the quarter that ended in Mar. 2026 was zł2,733 Mil. Eurohold Bulgaria AD's Total Assets for the quarter that ended in Dec. 2025 was zł7,281 Mil. Therefore, Eurohold Bulgaria AD's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.55.


Eurohold Bulgaria AD Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Eurohold Bulgaria AD'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.

Eurohold Bulgaria AD Scaled Net Operating Assets Chart

Eurohold Bulgaria AD 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 0.78 0.30 0.50 0.58 0.68

Eurohold Bulgaria AD Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.61 0.61 0.61 0.57 0.56

WAR:EHG vs NEE, SO, DUK: Scaled Net Operating Assets Comparison

For the Utilities - Regulated Electric subindustry, Eurohold Bulgaria AD'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.


Eurohold Bulgaria AD Scaled Net Operating Assets vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Eurohold Bulgaria AD's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Eurohold Bulgaria AD's Scaled Net Operating Assets falls into.


WAR:EHG
61GF Score
Eurohold Bulgaria AD WAR:EHG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eurohold Bulgaria AD 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.

Eurohold Bulgaria AD'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 )
=(6554.825-2750.973)/5570.584
=0.68

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7280.77 - 725.945
=6554.825

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6393.397 - 3162.264 - 480.16
=2750.973

Eurohold Bulgaria AD'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 )
=(6772.057-2732.6)/7280.77
=0.55

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7418.298 - 646.241
=6772.057

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6474.461 - 3143.98 - 597.881
=2732.6

* 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 0.55 mean?
Eurohold Bulgaria AD (WAR:EHG) has a Scaled Net Operating Assets of 0.55 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 Eurohold Bulgaria AD and its competitors.
Is Eurohold Bulgaria AD's Scaled Net Operating Assets too high?
Eurohold Bulgaria AD's current Scaled Net Operating Assets is 0.55. Overall, Eurohold Bulgaria AD has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eurohold Bulgaria AD's Scaled Net Operating Assets compare to NEE and SO?
Eurohold Bulgaria AD's Scaled Net Operating Assets of 0.55 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Scaled Net Operating Assets depends on the Utilities - Regulated 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 Eurohold Bulgaria AD and its competitors. Eurohold Bulgaria AD's current Scaled Net Operating Assets is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eurohold Bulgaria AD stock overvalued right now?
Based on GuruFocus' analysis, Eurohold Bulgaria AD (WAR:EHG) is currently considered Modestly Undervalued. The stock's GF Value™ is zł5.31, compared to a current price of zł4.54 — trading 14.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.55. Eurohold Bulgaria AD's overall GF Score™ is 61/100 with 4 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 Eurohold Bulgaria AD (WAR:EHG), the current Scaled Net Operating Assets is 0.55 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 Eurohold Bulgaria AD (WAR:EHG) Overvalued in 2026?

Based on GuruFocus' analysis, Eurohold Bulgaria AD stock appears to be undervalued. The current stock price of zł4.54 is trading 14.5% below its estimated GF Value™ of zł5.31. GuruFocus considers Eurohold Bulgaria AD to be Modestly Undervalued.

Key valuation signals for WAR:EHG:

  • Scaled Net Operating Assets: 0.55
  • GF Value™: zł5.31 vs. price of zł4.54 (14.5% below fair value)
  • GF Score™: 61/100 with 4 warning signs

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


Eurohold Bulgaria AD Business Description

Other Exchanges KZ4:GermanyEUBG:Bulgaria
Address 43 Christopher Columbus Boulevard, Eurohold Business Centre, Sofia, BGR, 1592
Eurohold Bulgaria AD is a diversified group of companies operating in the fields of energy, insurance and financial services (investment intermediary and asset management). It provides the market with a full range of competitive products and services with future opportunities for rapid growth of the market shares of the companies in the group, optimization of costs, strengthening of competitiveness and increase of consolidated profit. Its segments include Energy consisting of sales of electricity; electricity transmission; electricity generation; information, communication, technological and other services; Insurance consisting of insurance services; and Financial services consisting of asset management and brokerage. It derives the majority of revenue from Energy segment.
61GF Score

Get the complete analysis for WAR:EHG

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

zł4.54
Price
zł5.31
GF Value