Azerion Group NV (XAMS:AZRN) Scaled Net Operating Assets: 0.40 (As of Mar. 2026)


XAMS:AZRN Azerion Group NV XAMS:AZRN
41 GF Score
Price €1.03
GF Value €1.66
Valuation Possible Value Trap
! 2 Warning Signs
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What is Azerion Group NV Scaled Net Operating Assets?

Azerion Group NV XAMS:AZRN +1.48% 41 Scaled Net Operating Assets is 0.40 as of Mar. 2026. GuruFocus rates XAMS:AZRN with a GF Score™ of 41/100 and a GF Value™ of €1.66 (Possible Value Trap). The stock has 2 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.

Azerion Group NV's operating assets for the quarter that ended in Mar. 2026 was €458.7 Mil. Azerion Group NV's operating liabilities for the quarter that ended in Mar. 2026 was €229.2 Mil. Azerion Group NV's Total Assets for the quarter that ended in Dec. 2025 was €578.7 Mil. Therefore, Azerion Group NV's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.40.

Azerion Group NV Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Azerion Group NV'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.

Azerion Group NV Scaled Net Operating Assets Chart

Azerion Group NV Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.39 0.59 0.40 0.45 0.36

Azerion Group NV 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 0.38 0.37 0.36 0.40 0.40

XAMS:AZRN vs NTES, EA, TTWO: Scaled Net Operating Assets Comparison

For the Electronic Gaming & Multimedia subindustry, Azerion Group NV'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.

Azerion Group NV Scaled Net Operating Assets vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Azerion Group NV's Scaled Net Operating Assets distribution charts can be found below:

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


XAMS:AZRN
41GF Score
Azerion Group NV XAMS:AZRN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Azerion Group 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.

Azerion Group 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 )
=(520.7-275.8)/679.1
=0.36

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=578.7 - 58
=520.7

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=559 - 221.6 - 61.6
=275.8

Azerion Group NV'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 )
=(458.7-229.2)/578.7
=0.40

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=495.8 - 37.1
=458.7

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=493.1 - 222.3 - 41.6
=229.2

* 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 0.40 mean?
Azerion Group NV (XAMS:AZRN) has a Scaled Net Operating Assets of 0.40 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 Azerion Group NV and its competitors.
Is Azerion Group NV's Scaled Net Operating Assets too high?
Azerion Group NV's current Scaled Net Operating Assets is 0.40. Overall, Azerion Group NV has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Azerion Group NV's Scaled Net Operating Assets compare to NTES and EA?
Azerion Group NV's Scaled Net Operating Assets of 0.40 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Scaled Net Operating Assets depends on the Interactive Media 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 Azerion Group NV and its competitors. Azerion Group NV's current Scaled Net Operating Assets is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azerion Group NV stock overvalued right now?
Based on GuruFocus' analysis, Azerion Group NV (XAMS:AZRN) is currently considered Possible Value Trap. The stock's GF Value™ is €1.66, compared to a current price of €1.03 — trading 38% below its estimated fair value. The current Scaled Net Operating Assets is 0.40. Azerion Group NV's overall GF Score™ is 41/100 with 2 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 Azerion Group NV (XAMS:AZRN), the current Scaled Net Operating Assets is 0.40 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 Azerion Group NV (XAMS:AZRN) Overvalued in 2026?

Based on GuruFocus' analysis, Azerion Group NV stock appears to be undervalued. The current stock price of €1.03 is trading 38% below its estimated GF Value™ of €1.66. GuruFocus considers Azerion Group NV to be Possible Value Trap.

Key valuation signals for XAMS:AZRN:

  • Scaled Net Operating Assets: 0.40
  • GF Value™: €1.66 vs. price of €1.03 (38% below fair value)
  • GF Score™: 41/100 with 2 warning signs

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

Azerion Group NV Business Description

Other Exchanges 9Q9:Germany
Address Boeing Avenue 30, Schiphol-Rijk, NLD, 1119 PE
Azerion Group NV is engaged in providing a digital entertainment and media platform. The company is engaged in providing technology solutions to automate the purchase and sale of digital advertising inventory for advertisers, publishers, and game creators as well as developing, publishing, distributing, and operating online social and casual games and digital content. The group's reportable segment is Platform segment that includes Azerion's digital advertising platform and its owned and operated AAA Game Distribution e-retailer platform, which are integrated through the Group's technology.
41GF Score

Get the complete analysis for XAMS:AZRN

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

€1.03
Price
€1.66
GF Value