Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
FDJ United's operating assets for the quarter that ended in Dec. 2025 was €5,046 Mil. FDJ United's operating liabilities for the quarter that ended in Dec. 2025 was €2,602 Mil. FDJ United's Total Assets for the quarter that ended in Jun. 2025 was €6,194 Mil. Therefore, FDJ United's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.39.
FDJ United Scaled Net Operating Assets Related Terms
FDJ United Scaled Net Operating Assets Historical Data
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The historical data trend for FDJ United'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.
WBO:FDJ vs FLUT, DKNG, SGHC: Scaled Net Operating Assets Comparison
For the Gambling subindustry, FDJ United'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.
FDJ United Scaled Net Operating Assets vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, FDJ United's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where FDJ United's Scaled Net Operating Assets falls into.
* 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 0.39 mean?
FDJ United (WBO:FDJ) has a Scaled Net Operating Assets of 0.39 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 FDJ United and its competitors.
Is FDJ United's Scaled Net Operating Assets too high?
FDJ United's current Scaled Net Operating Assets is 0.39. Overall, FDJ United has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does FDJ United's Scaled Net Operating Assets compare to FLUT and DKNG?
FDJ United's Scaled Net Operating Assets of 0.39 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure 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 FDJ United and its competitors. FDJ United's current Scaled Net Operating Assets is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FDJ United stock overvalued right now?
FDJ United (WBO:FDJ) has a current Scaled Net Operating Assets of 0.39. The stock's GF Value™ is €48.79, compared to a current price of €21.45 — trading 56% below its estimated fair value. The current Scaled Net Operating Assets is 0.39. FDJ United's overall GF Score™ is 77/100 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 FDJ United (WBO:FDJ), the current Scaled Net Operating Assets is 0.39 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 FDJ United (WBO:FDJ) Overvalued in 2026?
Based on GuruFocus' analysis, FDJ United stock appears to be undervalued.
The current stock price of €21.45 is trading 56% below its estimated GF Value™ of €48.79.
Key valuation signals for WBO:FDJ:
Scaled Net Operating Assets: 0.39
GF Value™: €48.79 vs. price of €21.45 (56% below fair value)
No single metric tells the full story. See the WBO:FDJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FDJ United is engaged in lottery, sports betting, and online gaming activities. Its offerings include draw and instant lottery games, as well as sports betting services across retail and digital channels. The group operates mainly in France and has expanded internationally through online gaming and betting activities, along with ancillary payment and collection services.
77GF Score
Get the complete analysis for WBO:FDJ
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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