AD (Array Digital Infrastructure) Scaled Net Operating Assets: 0.60 (As of Mar. 2026)


AD Array Digital Infrastructure Inc AD
66 GF Score
Price $37.07
GF Value $64.11
Valuation Possible Value Trap
! 6 Warning Signs
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What is Array Digital Infrastructure Scaled Net Operating Assets?

Array Digital Infrastructure AD +3.29% 66 Scaled Net Operating Assets is 0.60 as of Mar. 2026. GuruFocus rates AD with a GF Score™ of 66/100 and a GF Value™ of $64.11 (Possible Value Trap). The stock has 6 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.

Array Digital Infrastructure's operating assets for the quarter that ended in Mar. 2026 was $3,711 Mil. Array Digital Infrastructure's operating liabilities for the quarter that ended in Mar. 2026 was $898 Mil. Array Digital Infrastructure's Total Assets for the quarter that ended in Dec. 2025 was $4,678 Mil. Therefore, Array Digital Infrastructure's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.60.


Array Digital Infrastructure Scaled Net Operating Assets Historical Data

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The historical data trend for Array Digital Infrastructure'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.

Array Digital Infrastructure Scaled Net Operating Assets Chart

Array Digital Infrastructure Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.82 0.77 0.58 0.35

Array Digital Infrastructure Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.79 0.78 0.33 0.74 0.60

AD vs TDS, LBTYA, LBRDA: Scaled Net Operating Assets Comparison

For the Telecom Services subindustry, Array Digital Infrastructure'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.


Array Digital Infrastructure Scaled Net Operating Assets vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Array Digital Infrastructure's Scaled Net Operating Assets distribution charts can be found below:

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


AD
66GF Score
Array Digital Infrastructure Inc AD
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Array Digital Infrastructure 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.

Array Digital Infrastructure'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 )
=(4564.688-904.04)/10448.981
=0.35

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4678.088 - 113.4
=4564.688

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2103.531 - 1180.134 - 19.357
=904.04

Array Digital Infrastructure'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: Dec. 2025 )
=(3711.049-897.759)/4678.088
=0.60

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3964.687 - 253.638
=3711.049

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2099.631 - 1180.138 - 21.734
=897.759

* 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 0.60 mean?
Array Digital Infrastructure (AD) has a Scaled Net Operating Assets of 0.60 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 Array Digital Infrastructure and its competitors.
Is Array Digital Infrastructure's Scaled Net Operating Assets too high?
Array Digital Infrastructure's current Scaled Net Operating Assets is 0.60. Overall, Array Digital Infrastructure has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Array Digital Infrastructure's Scaled Net Operating Assets compare to TDS and LBTYA?
Array Digital Infrastructure's Scaled Net Operating Assets of 0.60 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Scaled Net Operating Assets depends on the Telecommunication Services 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 Array Digital Infrastructure and its competitors. Array Digital Infrastructure's current Scaled Net Operating Assets is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Array Digital Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Array Digital Infrastructure (AD) is currently considered Possible Value Trap. The stock's GF Value™ is $64.11, compared to a current price of $37.07 — trading 42.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.60. Array Digital Infrastructure's overall GF Score™ is 66/100 with 6 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 Array Digital Infrastructure (AD), the current Scaled Net Operating Assets is 0.60 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 Array Digital Infrastructure (AD) Overvalued in 2026?

Based on GuruFocus' analysis, Array Digital Infrastructure stock appears to be undervalued. The current stock price of $37.07 is trading 42.2% below its estimated GF Value™ of $64.11. GuruFocus considers Array Digital Infrastructure to be Possible Value Trap.

Key valuation signals for AD:

  • Scaled Net Operating Assets: 0.60
  • GF Value™: $64.11 vs. price of $37.07 (42.2% below fair value)
  • GF Score™: 66/100 with 6 warning signs

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


Array Digital Infrastructure Business Description

Other Exchanges US7:Germany
Address 500 West Madison Street, Suite 810, Chicago, IL, USA, 60661
Array Digital Infrastructure, formerly US Cellular, sold its regional wireless operations serving about 4.4 million customers to T-Mobile in August 2025. The firm has agreed to sell most of its remaining spectrum licenses; however, it will still retain rights to C-band spectrum in several locations after these deals are closed. Array also owns a 5.5% stake in Verizon Wireless' Los Angeles operations, as well as other smaller wireless partnership interests in Oklahoma and upstate New York. The firm still operates a portfolio of about 4,400 wireless towers. Parent TDS has proposed to acquire the portion of Array that it doesn't already own in an all-stock transaction.
66GF 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.

$37.07
Price
$64.11
GF Value