ER Capital NV (XAMS:ERC) Scaled Net Operating Assets: 26.25 (As of Dec. 2025)


XAMS:ERC ER Capital NV XAMS:ERC
16 GF Score
Price €2.46
! 4 Warning Signs
View Full Analysis

What is ER Capital NV Scaled Net Operating Assets?

ER Capital NV XAMS:ERC -3.15% 16 Scaled Net Operating Assets is 26.25 as of Dec. 2025. GuruFocus rates XAMS:ERC with a GF Score™ of 16/100. 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.

ER Capital NV's operating assets for the quarter that ended in Dec. 2025 was €95.58 Mil. ER Capital NV's operating liabilities for the quarter that ended in Dec. 2025 was €13.83 Mil. ER Capital NV's Total Assets for the quarter that ended in Mar. 2025 was €3.11 Mil. Therefore, ER Capital NV's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 26.25.


ER Capital NV Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for ER Capital 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.

ER Capital NV Scaled Net Operating Assets Chart

ER Capital NV Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.09 0.18 0.64 23.13

ER Capital NV Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Dec25
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 0.19 0.66 0.77 0.00 26.26

XAMS:ERC vs CBRE, BEKE, JLL: Scaled Net Operating Assets Comparison

For the Real Estate Services subindustry, ER Capital 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.


ER Capital NV Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, ER Capital NV's Scaled Net Operating Assets distribution charts can be found below:

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


XAMS:ERC
16GF Score
ER Capital NV XAMS:ERC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ER Capital 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.

ER Capital 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: Sep. 2024 )
=(95.582-13.825)/3.534
=23.13

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=96.641 - 1.059
=95.582

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=93.686 - 73.042 - 6.819
=13.825

ER Capital 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: Mar. 2025 )
=(95.582-13.825)/3.114
=26.25

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=96.641 - 1.059
=95.582

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=93.686 - 73.042 - 6.819
=13.825

* 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 26.25 mean?
ER Capital NV (XAMS:ERC) has a Scaled Net Operating Assets of 26.25 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 ER Capital NV and its competitors.
Is ER Capital NV's Scaled Net Operating Assets too high?
ER Capital NV's current Scaled Net Operating Assets is 26.25. Overall, ER Capital NV has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does ER Capital NV's Scaled Net Operating Assets compare to CBRE and BEKE?
ER Capital NV's Scaled Net Operating Assets of 26.25 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 ER Capital NV and its competitors. ER Capital NV's current Scaled Net Operating Assets is 26.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ER Capital NV stock overvalued right now?
ER Capital NV (XAMS:ERC) has a current Scaled Net Operating Assets of 26.25. The current Scaled Net Operating Assets is 26.25. ER Capital NV's overall GF Score™ is 16/100 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 ER Capital NV (XAMS:ERC), the current Scaled Net Operating Assets is 26.25 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.

ER Capital NV Business Description

Other Exchanges TJH7:Germany
Address Westplein 9a, Rotterdam, ZH, NLD, 3016 BM
ER Capital NV initiates and structures real estate investment funds and propositions, actively manages its own portfolio of Dutch commercial real estate and (re)develops properties within that portfolio. The company focuses on multi-tenant office buildings and light industrial assets in the Netherlands. It is an active real estate company that acquires, (re)develops and actively manages its real estate portfolio, and generates additional income through the initiation and structuring of real estate investment propositions and through its participation in related activities.
16GF Score

Get the complete analysis for XAMS:ERC

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

€2.46
Price