Azimut Holding SpA (STU:HDB) Total Operating Expense: €296 Mil (TTM As of Mar. 2026)


STU:HDB Azimut Holding SpA STU:HDB
88 GF Score
Price €35.18
GF Value €28.80
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Azimut Holding SpA Total Operating Expense?

Azimut Holding SpA STU:HDB -1.79% 88 Total Operating Expense is €296 Mil as of Mar. 2026. GuruFocus rates STU:HDB with a GF Score™ of 88/100 and a GF Value™ of €28.80 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Azimut Holding SpA's Total Operating Expense for the three months ended in Mar. 2026 was €50 Mil. Azimut Holding SpA's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €296 Mil.


Azimut Holding SpA Total Operating Expense Related Terms


Azimut Holding SpA Total Operating Expense Historical Data

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The historical data trend for Azimut Holding SpA's Total Operating Expense 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.

Azimut Holding SpA Total Operating Expense Chart

Azimut Holding SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 217.99 213.69 191.60 216.40 258.52

Azimut Holding SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.81 73.54 46.87 124.99 50.38
STU:HDB
88GF Score
Azimut Holding SpA STU:HDB
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Azimut Holding SpA Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €296 Mil.

* 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 Total Operating Expense of €296 Mil mean?
Azimut Holding SpA (STU:HDB) has a Total Operating Expense of €296 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Azimut Holding SpA and its competitors.
Is Azimut Holding SpA's Total Operating Expense too high?
Azimut Holding SpA's current Total Operating Expense is €296 Mil. Overall, Azimut Holding SpA has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Azimut Holding SpA's Total Operating Expense compare to BLK and BX?
Azimut Holding SpA's Total Operating Expense of €296 Mil 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 Total Operating Expense for an Asset Management company?
A good Total Operating Expense depends on the Asset Management industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Azimut Holding SpA and its competitors. Azimut Holding SpA's current Total Operating Expense is €296 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azimut Holding SpA stock overvalued right now?
Based on GuruFocus' analysis, Azimut Holding SpA (STU:HDB) is currently considered Modestly Overvalued. The stock's GF Value™ is €28.80, compared to a current price of €35.18 — trading 22.2% above its estimated fair value. The current Total Operating Expense is €296 Mil. Azimut Holding SpA's overall GF Score™ is 88/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Azimut Holding SpA (STU:HDB), the current Total Operating Expense is €296 Mil 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.

Is Azimut Holding SpA (STU:HDB) Overvalued in 2026?

Based on GuruFocus' analysis, Azimut Holding SpA stock appears to be overvalued. The current stock price of €35.18 is trading 22.2% above its estimated GF Value™ of €28.80. GuruFocus considers Azimut Holding SpA to be Modestly Overvalued.

Key valuation signals for STU:HDB:

  • Total Operating Expense: €296 Mil
  • GF Value™: €28.80 vs. price of €35.18 (22.2% above fair value)
  • GF Score™: 88/100 with 5 warning signs

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


Azimut Holding SpA Business Description

Address Via Cusani 4, Milan, ITA, 20121
Azimut Holding SpA is a large independent asset management firm operating primarily in Italy but with an increasingly global presence. In Italy, its capital management division sells and manages Italian mutual funds, Italian hedge funds, and is active in the discretionary management of individual investment portfolios. Its international business operations involve the sale, management, and distribution of financial and insurance products. Its portfolio solutions encompass a broad array of strategies that cut across various traditional and alternative asset classes. A majority of its revenue is derived from recurring fees from assets under management.
88GF Score

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

€35.18
Price
€28.80
GF Value