HBX Group International (XMAD:HBX) Scaled Net Operating Assets: 0.40 (As of Mar. 2026)


XMAD:HBX HBX Group International PLC XMAD:HBX
13 GF Score
Price €6.67
! 2 Warning Signs
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What is HBX Group International Scaled Net Operating Assets?

HBX Group International XMAD:HBX -1.84% 13 Scaled Net Operating Assets is 0.40 as of Mar. 2026. GuruFocus rates XMAD:HBX with a GF Score™ of 13/100. 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.

HBX Group International's operating assets for the quarter that ended in Mar. 2026 was €2,820.0 Mil. HBX Group International's operating liabilities for the quarter that ended in Mar. 2026 was €1,383.0 Mil. HBX Group International's Total Assets for the quarter that ended in Sep. 2025 was €3,575.0 Mil. Therefore, HBX Group International's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.40.


HBX Group International Scaled Net Operating Assets Historical Data

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The historical data trend for HBX Group International'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.

HBX Group International Scaled Net Operating Assets Chart

HBX Group International Annual Data
Trend Sep22 Sep23 Sep24 Sep25
Scaled Net Operating Assets
0.40 0.33 0.35 0.35

HBX Group International Semi-Annual Data
Sep22 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial 0.00 0.00 0.46 0.39 0.40

XMAD:HBX vs BKNG, ABNB, RCL: Scaled Net Operating Assets Comparison

For the Travel Services subindustry, HBX Group International'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.


HBX Group International Scaled Net Operating Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, HBX Group International's Scaled Net Operating Assets distribution charts can be found below:

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


XMAD:HBX
13GF Score
HBX Group International PLC XMAD:HBX
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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HBX Group International 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.

HBX Group International's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2025 )
=(Operating Assets (A: Sep. 2025 )-Operating Liabilities (A: Sep. 2025 ))/Total Assets (A: Sep. 2024 )
=(2755-1560)/3434
=0.35

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3575 - 820
=2755

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2784 - 1183 - 41
=1560

HBX Group International'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: Sep. 2025 )
=(2820-1383)/3575
=0.40

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3453 - 633
=2820

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2632 - 1190 - 59
=1383

* 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?
HBX Group International (XMAD:HBX) 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 HBX Group International and its competitors.
Is HBX Group International's Scaled Net Operating Assets too high?
HBX Group International's current Scaled Net Operating Assets is 0.40. Overall, HBX Group International has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does HBX Group International's Scaled Net Operating Assets compare to BKNG and ABNB?
HBX Group International's Scaled Net Operating Assets of 0.40 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 HBX Group International and its competitors. HBX Group International'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 HBX Group International stock overvalued right now?
HBX Group International (XMAD:HBX) has a current Scaled Net Operating Assets of 0.40. The current Scaled Net Operating Assets is 0.40. HBX Group International's overall GF Score™ is 13/100 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 HBX Group International (XMAD:HBX), 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.

HBX Group International Business Description

Other Exchanges HBXe:UKQ1D:Germany
Address 25 Old Broad Street, 7th Floor, Tower 42, London, GBR, EC2N 1HN
HBX Group International PLC is a travel-technology marketplace. The company is engaged in the intermediation of hotel accommodations and complementary travel products between travel suppliers and travel distributors. With the help of its subsidiaries, the Group also assists hotels in optimising their direct online channel, creating booking engines, and supporting digital marketing. The company's maximum revenue is derived from hotel bookings. The company connect between supply and demand, empowering businesses and their travellers, with choice and confidence.
13GF Score

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