Linea Directa Aseguradora (XMAD:LDA) Scaled Net Operating Assets: -0.57 (As of Dec. 2025)


XMAD:LDA Linea Directa Aseguradora SA XMAD:LDA
69 GF Score
Price €1.20
GF Value €1.33
Valuation Modestly Undervalued
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What is Linea Directa Aseguradora Scaled Net Operating Assets?

Linea Directa Aseguradora XMAD:LDA +2.57% 69 Scaled Net Operating Assets is -0.57 as of Dec. 2025. GuruFocus rates XMAD:LDA with a GF Score™ of 69/100 and a GF Value™ of €1.33 (Modestly Undervalued).

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Linea Directa Aseguradora's operating assets for the quarter that ended in Dec. 2025 was €222 Mil. Linea Directa Aseguradora's operating liabilities for the quarter that ended in Dec. 2025 was €970 Mil. Linea Directa Aseguradora's Total Assets for the quarter that ended in Jun. 2025 was €1,309 Mil. Therefore, Linea Directa Aseguradora's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.57.

XMAD:LDA
69GF Score
Linea Directa Aseguradora SA XMAD:LDA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Linea Directa Aseguradora 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.

Linea Directa Aseguradora'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 )
=(1357.712-970.245)/1236.136
=0.31

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1374.7 - 16.988
=1357.712

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=970.245 - 0 - 0
=970.245

Linea Directa Aseguradora'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 )
=(222.349-970.245)/1309.296
=-0.57

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1374.7 - 1152.351
=222.349

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=970.245 - 0 - 0
=970.245

* 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 -0.57 mean?
Linea Directa Aseguradora (XMAD:LDA) has a Scaled Net Operating Assets of -0.57 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 Linea Directa Aseguradora and its competitors.
Is Linea Directa Aseguradora's Scaled Net Operating Assets too high?
Linea Directa Aseguradora's current Scaled Net Operating Assets is -0.57. Overall, Linea Directa Aseguradora has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Linea Directa Aseguradora's Scaled Net Operating Assets compare to CB and PGR?
Linea Directa Aseguradora's Scaled Net Operating Assets of -0.57 can be compared against companies in the Insurance 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 Insurance company?
A good Scaled Net Operating Assets depends on the Insurance 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 Linea Directa Aseguradora and its competitors. Linea Directa Aseguradora's current Scaled Net Operating Assets is -0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linea Directa Aseguradora stock overvalued right now?
Based on GuruFocus' analysis, Linea Directa Aseguradora (XMAD:LDA) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.33, compared to a current price of €1.20 — trading 10.1% below its estimated fair value. The current Scaled Net Operating Assets is -0.57. Linea Directa Aseguradora's overall GF Score™ is 69/100. 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 Linea Directa Aseguradora (XMAD:LDA), the current Scaled Net Operating Assets is -0.57 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 Linea Directa Aseguradora (XMAD:LDA) Overvalued in 2026?

Based on GuruFocus' analysis, Linea Directa Aseguradora stock appears to be undervalued. The current stock price of €1.20 is trading 10.1% below its estimated GF Value™ of €1.33. GuruFocus considers Linea Directa Aseguradora to be Modestly Undervalued.

Key valuation signals for XMAD:LDA:

  • Scaled Net Operating Assets: -0.57
  • GF Value™: €1.33 vs. price of €1.20 (10.1% below fair value)
  • GF Score™: 69/100

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

Linea Directa Aseguradora Business Description

Other Exchanges LNDAF:USALDAe:UK
Address Calle de Isaac Newton 7, Tres Cantos, Madrid, ESP, 28760
Linea Directa Aseguradora SA is engaged in insurance and reinsurance activities in the motor, home, and other non-life segments. The company has five operating segments; The motor segment which derives maximum revenue, includes private motor insurance and motorbike insurance, The home segment includes multi-risk home insurance products with theft damage, civil liability, fire damage, aesthetic damage, etc, The health segment includes health insurance products under the Vivaz brand, The other insurance segment includes various products with stand-alone policies that are not linked to motor, home or health insurance, such as travel insurance for holders of credit cards and wellness insurance, and The other activities segment mainly relates to auxiliary insurance businesses, and commissions.
69GF 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.

€1.20
Price
€1.33
GF Value