EXOR NV (WBO:EXO) Scaled Net Operating Assets: 0.89 (As of Dec. 2025)

EXOR NV WBO:EXO +0.52% 42 Scaled Net Operating Assets is 0.89 as of Dec. 2025. GuruFocus rates WBO:EXO with a GF Score™ of 42/100 and a GF Value™ of €24.42 (Significantly Overvalued). The stock has 1 warning sign investors should review.

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

EXOR NV's operating assets for the quarter that ended in Dec. 2025 was €35,741.00 Mil. EXOR NV's operating liabilities for the quarter that ended in Dec. 2025 was €221.00 Mil. EXOR NV's Total Assets for the quarter that ended in Jun. 2025 was €39,999.00 Mil. Therefore, EXOR NV's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.89.

EXOR NV Scaled Net Operating Assets Related Terms

42GF Score

EXOR NV WBO:EXO

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EXOR NV 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.

EXOR NV'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 )
=	(35741	-	221)	/	42460
=	0.84

where

	Operating Assets		(A: Dec. 2025 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	37130	-	1389
=	35741

	Operating Liabilities		(A: Dec. 2025 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3889	-	3668	-	0
=	221

EXOR NV's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2025 )
=	(Operating Assets (Q: Dec. 2025 )	-	Operating Liabilities (Q: Dec. 2025 ))	/	Total Assets (Q: Jun. 2025 )
=	(35741	-	221)	/	39999
=	0.89

where

	Operating Assets		(Q: Dec. 2025 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	37130	-	1389
=	35741

	Operating Liabilities		(Q: Dec. 2025 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3889	-	3668	-	0
=	221

* 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.

Frequently Asked Questions Learn more about Scaled Net Operating Assets →

What does a Scaled Net Operating Assets of 0.89 mean?

EXOR NV (WBO:EXO) has a Scaled Net Operating Assets of 0.89 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on EXOR NV and its competitors.

Is EXOR NV's Scaled Net Operating Assets too high?

EXOR NV's current Scaled Net Operating Assets is 0.89. Overall, EXOR NV has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does EXOR NV's Scaled Net Operating Assets compare to CAT and DE?

EXOR NV's Scaled Net Operating Assets of 0.89 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?

A good Scaled Net Operating Assets depends on the Farm & Heavy Construction Machinery 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 EXOR NV and its competitors. EXOR NV's current Scaled Net Operating Assets is 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is EXOR NV stock overvalued right now?

Based on GuruFocus' analysis, EXOR NV (WBO:EXO) is currently considered Significantly Overvalued. The stock's GF Value™ is €24.42, compared to a current price of €67.35 — trading 175.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.89. EXOR NV's overall GF Score™ is 42/100 with 1 warning sign 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 EXOR NV (WBO:EXO), the current Scaled Net Operating Assets is 0.89 as of Dec. 2025. 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 EXOR NV (WBO:EXO) Overvalued in 2026?

Based on GuruFocus' analysis, EXOR NV stock appears to be overvalued. The current stock price of €67.35 is trading 175.8% above its estimated GF Value™ of €24.42. GuruFocus considers EXOR NV to be Significantly Overvalued.

Key valuation signals for WBO:EXO:

Scaled Net Operating Assets: 0.89
GF Value™: €24.42 vs. price of €67.35 (175.8% above fair value)
GF Score™: 42/100 with 1 warning sign

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