Fortifai (ASX:FTI) Scaled Net Operating Assets: 0.27 (As of Dec. 2025)


ASX:FTI Fortifai Ltd ASX:FTI
35 GF Score
Price A$1.10
GF Value A$0.02
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Fortifai Scaled Net Operating Assets?

Fortifai ASX:FTI +1.39% 35 Scaled Net Operating Assets is 0.27 as of Dec. 2025. GuruFocus rates ASX:FTI with a GF Score™ of 35/100 and a GF Value™ of A$0.02 (Significantly Overvalued). 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.

Fortifai's operating assets for the quarter that ended in Dec. 2025 was A$2.68 Mil. Fortifai's operating liabilities for the quarter that ended in Dec. 2025 was A$1.13 Mil. Fortifai's Total Assets for the quarter that ended in Jun. 2025 was A$5.81 Mil. Therefore, Fortifai's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.27.


Fortifai Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Fortifai'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.

Fortifai Scaled Net Operating Assets Chart

Fortifai Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
-0.01 0.12 0.24 -0.05 0.22

Fortifai Semi-Annual Data
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 0.01 -0.11 0.20 0.33 0.27

ASX:FTI vs NTES, EA, TTWO: Scaled Net Operating Assets Comparison

For the Electronic Gaming & Multimedia subindustry, Fortifai'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.


Fortifai Scaled Net Operating Assets vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Fortifai's Scaled Net Operating Assets distribution charts can be found below:

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


ASX:FTI
35GF Score
Fortifai Ltd ASX:FTI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortifai 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.

Fortifai's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(2.779-1.315)/6.56
=0.22

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.814 - 3.035
=2.779

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.315 - 0 - 0
=1.315

Fortifai'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 )
=(2.683-1.125)/5.814
=0.27

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.576 - 2.893
=2.683

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.125 - 0 - 0
=1.125

* 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 0.27 mean?
Fortifai (ASX:FTI) has a Scaled Net Operating Assets of 0.27 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 Fortifai and its competitors.
Is Fortifai's Scaled Net Operating Assets too high?
Fortifai's current Scaled Net Operating Assets is 0.27. Overall, Fortifai has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortifai's Scaled Net Operating Assets compare to NTES and EA?
Fortifai's Scaled Net Operating Assets of 0.27 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Scaled Net Operating Assets depends on the Interactive Media 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 Fortifai and its competitors. Fortifai's current Scaled Net Operating Assets is 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortifai stock overvalued right now?
Based on GuruFocus' analysis, Fortifai (ASX:FTI) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.02, compared to a current price of A$1.10 — trading 5375% above its estimated fair value. The current Scaled Net Operating Assets is 0.27. Fortifai's overall GF Score™ is 35/100 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 Fortifai (ASX:FTI), the current Scaled Net Operating Assets is 0.27 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 Fortifai (ASX:FTI) Overvalued in 2026?

Based on GuruFocus' analysis, Fortifai stock appears to be overvalued. The current stock price of A$1.10 is trading 5375% above its estimated GF Value™ of A$0.02. GuruFocus considers Fortifai to be Significantly Overvalued.

Key valuation signals for ASX:FTI:

  • Scaled Net Operating Assets: 0.27
  • GF Value™: A$0.02 vs. price of A$1.10 (5375% above fair value)
  • GF Score™: 35/100 with 6 warning signs

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


Fortifai Business Description

Other Exchanges 9UQ0:Germany
Address 169 Fullarton Road, Level 1, Dulwich, SA, AUS, 5065
Fortifai Ltd is engaged in developing and commercialising technology with a focus on AI. It has developed a broad portfolio of video games for console, PC, and mobile platforms. Mobile games and apps developed and/or published by the company are made available for customers on different app stores, including Apple's App Store, Google Play, and other platforms. The company uses AI to target efficiencies and expansion opportunities in technology. In addition to receiving fees for development work from clients, Fortifai monetises its games and apps through In-App purchases and advertising offered to consumers within games and apps for smartphones and tablets. It reports its business activities in one area: video games development.
35GF 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.

A$1.10
Price
A$0.02
GF Value