Ecoener (XMAD:ENER) Scaled Net Operating Assets: 0.73 (As of Dec. 2025)


XMAD:ENER Ecoener SA XMAD:ENER
81 GF Score
Price €4.30
GF Value €6.08
Valuation Modestly Undervalued
! 11 Warning Signs
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What is Ecoener Scaled Net Operating Assets?

Ecoener XMAD:ENER 81 Scaled Net Operating Assets is 0.73 as of Dec. 2025. GuruFocus rates XMAD:ENER with a GF Score™ of 81/100 and a GF Value™ of €6.08 (Modestly Undervalued). The stock has 11 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.

Ecoener's operating assets for the quarter that ended in Dec. 2025 was €816.42 Mil. Ecoener's operating liabilities for the quarter that ended in Dec. 2025 was €206.44 Mil. Ecoener's Total Assets for the quarter that ended in Jun. 2025 was €834.19 Mil. Therefore, Ecoener's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.73.


Ecoener Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Ecoener'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.

Ecoener Scaled Net Operating Assets Chart

Ecoener Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 1.04 0.92 0.92 1.08 0.74

Ecoener Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 0.84 0.83 0.92 0.74 0.73

Ecoener Scaled Net Operating Assets Competitor Comparison

For the Utilities - Renewable subindustry, Ecoener'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.


Ecoener Scaled Net Operating Assets vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ecoener's Scaled Net Operating Assets distribution charts can be found below:

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


XMAD:ENER
81GF Score
Ecoener SA XMAD:ENER
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ecoener 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.

Ecoener'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 )
=(816.417-206.437)/821.617
=0.74

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=896.58 - 80.163
=816.417

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=753.235 - 484.84 - 61.958
=206.437

Ecoener'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 )
=(816.417-206.437)/834.191
=0.73

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=896.58 - 80.163
=816.417

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=753.235 - 484.84 - 61.958
=206.437

* 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 0.73 mean?
Ecoener (XMAD:ENER) has a Scaled Net Operating Assets of 0.73 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 Ecoener and its competitors.
Is Ecoener's Scaled Net Operating Assets too high?
Ecoener's current Scaled Net Operating Assets is 0.73. Overall, Ecoener has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ecoener's Scaled Net Operating Assets compare to competitors?
Ecoener's Scaled Net Operating Assets of 0.73 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Scaled Net Operating Assets depends on the Utilities - Independent Power Producers 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 Ecoener and its competitors. Ecoener's current Scaled Net Operating Assets is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecoener stock overvalued right now?
Based on GuruFocus' analysis, Ecoener (XMAD:ENER) is currently considered Modestly Undervalued. The stock's GF Value™ is €6.08, compared to a current price of €4.30 — trading 29.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.73. Ecoener's overall GF Score™ is 81/100 with 11 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 Ecoener (XMAD:ENER), the current Scaled Net Operating Assets is 0.73 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 Ecoener (XMAD:ENER) Overvalued in 2026?

Based on GuruFocus' analysis, Ecoener stock appears to be undervalued. The current stock price of €4.30 is trading 29.3% below its estimated GF Value™ of €6.08. GuruFocus considers Ecoener to be Modestly Undervalued.

Key valuation signals for XMAD:ENER:

  • Scaled Net Operating Assets: 0.73
  • GF Value™: €6.08 vs. price of €4.30 (29.3% below fair value)
  • GF Score™: 81/100 with 11 warning signs

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


Ecoener Business Description

Other Exchanges 89W:Germany
Address C/ San Andres, north 143, 4, La Coruna, ESP, 15003
Ecoener SA is a renewable energy company that builds and operates hydroelectric plants, wind farms, and photovoltaic solar plants. It generates renewable energy to contribute to sustainable development. In addition, it is also engaged in the design, promotion, development, construction, management, maintenance, operation, closure, and dismantling of the relevant production facilities. The Group has five operating segments: i) operation of hydropower plants, ii) operation of wind farms, iii) operation of solar photovoltaic plants, iv) energy commercialization, and v) provision of other services. The majority of the revenue is earned from the operation of the wind farms segment.
81GF Score

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

€4.30
Price
€6.08
GF Value