Havas NV (XAMS:HAVAS) Scaled Net Operating Assets: 0.29 (As of Dec. 2025)


XAMS:HAVAS Havas NV XAMS:HAVAS
18 GF Score
Price €17.85
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What is Havas NV Scaled Net Operating Assets?

Havas NV XAMS:HAVAS +1.13% 18 Scaled Net Operating Assets is 0.29 as of Dec. 2025. GuruFocus rates XAMS:HAVAS with a GF Score™ of 18/100. The stock has 7 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.

Havas NV's operating assets for the quarter that ended in Dec. 2025 was €6,262 Mil. Havas NV's operating liabilities for the quarter that ended in Dec. 2025 was €4,350 Mil. Havas NV's Total Assets for the quarter that ended in Jun. 2025 was €6,638 Mil. Therefore, Havas NV's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.29.


Havas NV Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Havas 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.

Havas NV Scaled Net Operating Assets Chart

Havas NV Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.30 0.29 0.30 0.29 0.29

Havas NV Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only 0.00 0.31 0.29 0.32 0.29

XAMS:HAVAS vs APP, OMC, TTD: Scaled Net Operating Assets Comparison

For the Advertising Agencies subindustry, Havas 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.


Havas NV Scaled Net Operating Assets vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Havas NV's Scaled Net Operating Assets distribution charts can be found below:

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


XAMS:HAVAS
18GF Score
Havas NV XAMS:HAVAS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Havas 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.

Havas 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 )
=(6262-4350)/6676
=0.29

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6562 - 300
=6262

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4721 - 216 - 155
=4350

Havas 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 )
=(6262-4350)/6638
=0.29

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6562 - 300
=6262

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4721 - 216 - 155
=4350

* 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 0.29 mean?
Havas NV (XAMS:HAVAS) has a Scaled Net Operating Assets of 0.29 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 Havas NV and its competitors.
Is Havas NV's Scaled Net Operating Assets too high?
Havas NV's current Scaled Net Operating Assets is 0.29. Overall, Havas NV has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Havas NV's Scaled Net Operating Assets compare to APP and OMC?
Havas NV's Scaled Net Operating Assets of 0.29 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Scaled Net Operating Assets depends on the Media - Diversified 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 Havas NV and its competitors. Havas NV's current Scaled Net Operating Assets is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havas NV stock overvalued right now?
Havas NV (XAMS:HAVAS) has a current Scaled Net Operating Assets of 0.29. The current Scaled Net Operating Assets is 0.29. Havas NV's overall GF Score™ is 18/100 with 7 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 Havas NV (XAMS:HAVAS), the current Scaled Net Operating Assets is 0.29 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.

Havas NV Business Description

Address 29-30, quai de Dion Bouton, Puteaux, FRA, 92800
Havas NV is a communications group providing integrated advertising, media, and healthcare-focused communication services. Its has three business lines: (i) Havas Creative, which delivers creative services, from advertising, brand strategy and business transformation to digital and social media solutions as well as public relations and events; (ii) Havas Media, which is dedicated to delivering comprehensive media experiences, through media planning and buying, fan engagement, retail media and e-commerce, as well as data analytics services to optimize client advertising investments; and (iii) Havas Health, which focuses on healthcare and wellness communications, providing specialized marketing services to pharmaceutical companies. The majority of revenue is derived from Havas Creative.
18GF Score

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