029 Group SE (XTER:Z29) Scaled Net Operating Assets: 0.78 (As of Dec. 2025)


XTER:Z29 029 Group SE XTER:Z29
27 GF Score
Price €40.60
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What is 029 Group SE Scaled Net Operating Assets?

029 Group SE XTER:Z29 27 Scaled Net Operating Assets is 0.78 as of Dec. 2025. GuruFocus rates XTER:Z29 with a GF Score™ of 27/100. 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.

029 Group SE's operating assets for the quarter that ended in Dec. 2025 was €13.79 Mil. 029 Group SE's operating liabilities for the quarter that ended in Dec. 2025 was €0.94 Mil. 029 Group SE's Total Assets for the quarter that ended in Jun. 2025 was €16.53 Mil. Therefore, 029 Group SE's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.78.


029 Group SE Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for 029 Group SE'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.

029 Group SE Scaled Net Operating Assets Chart

029 Group SE Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial -0.03 138.14 0.72 0.91 0.77

029 Group SE Semi-Annual Data
Dec18 Jun19 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 Premium Member Only 0.71 0.95 0.95 0.94 0.78

XTER:Z29 vs BLK, BX, KKR: Scaled Net Operating Assets Comparison

For the Asset Management subindustry, 029 Group SE'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.


029 Group SE Scaled Net Operating Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, 029 Group SE's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where 029 Group SE's Scaled Net Operating Assets falls into.


XTER:Z29
27GF Score
029 Group SE XTER:Z29
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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029 Group SE 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.

029 Group SE'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 )
=(13.792-0.944)/16.699
=0.77

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14.6 - 0.808
=13.792

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.944 - 0 - 0
=0.944

029 Group SE'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 )
=(13.792-0.944)/16.532
=0.78

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14.6 - 0.808
=13.792

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.944 - 0 - 0
=0.944

* 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 0.78 mean?
029 Group SE (XTER:Z29) has a Scaled Net Operating Assets of 0.78 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 029 Group SE and its competitors.
Is 029 Group SE's Scaled Net Operating Assets too high?
029 Group SE's current Scaled Net Operating Assets is 0.78. Overall, 029 Group SE has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does 029 Group SE's Scaled Net Operating Assets compare to BLK and BX?
029 Group SE's Scaled Net Operating Assets of 0.78 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 029 Group SE and its competitors. 029 Group SE's current Scaled Net Operating Assets is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 029 Group SE stock overvalued right now?
029 Group SE (XTER:Z29) has a current Scaled Net Operating Assets of 0.78. The current Scaled Net Operating Assets is 0.78. 029 Group SE's overall GF Score™ is 27/100 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 029 Group SE (XTER:Z29), the current Scaled Net Operating Assets is 0.78 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.

029 Group SE Business Description

Address Kurfurstendamm 14, Berlin, DEU, 10179
029 Group SE is a hospitality and lifestyle platform blending luxury, technology, and community to build and support category-defining brands aimed at making people's lives happier. The company's investment is focused on three segments: real estate, hospitality, and lifestyle. The company operates in three segments: Hospitality, Enabling Technologies, and Consumer Brands.
27GF 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.

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