Macquarie Technology Group (ASX:MAQ) Scaled Net Operating Assets: 0.76 (As of Dec. 2025)


ASX:MAQ Macquarie Technology Group Ltd ASX:MAQ
95 GF Score
Price A$67.69
GF Value A$67.85
Valuation Fairly Valued
! 4 Warning Signs
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What is Macquarie Technology Group Scaled Net Operating Assets?

Macquarie Technology Group ASX:MAQ -4.15% 95 Scaled Net Operating Assets is 0.76 as of Dec. 2025. GuruFocus rates ASX:MAQ with a GF Score™ of 95/100 and a GF Value™ of A$67.85 (Fairly Valued). 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.

Macquarie Technology Group's operating assets for the quarter that ended in Dec. 2025 was A$759.8 Mil. Macquarie Technology Group's operating liabilities for the quarter that ended in Dec. 2025 was A$201.9 Mil. Macquarie Technology Group's Total Assets for the quarter that ended in Jun. 2025 was A$729.8 Mil. Therefore, Macquarie Technology Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.76.


Macquarie Technology Group Scaled Net Operating Assets Historical Data

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The historical data trend for Macquarie Technology Group'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.

Macquarie Technology Group Scaled Net Operating Assets Chart

Macquarie Technology Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.94 0.83 0.87 0.80

Macquarie Technology Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.84 0.61 0.78 0.77

ASX:MAQ vs IBM, ACN, FISV: Scaled Net Operating Assets Comparison

For the Information Technology Services subindustry, Macquarie Technology Group'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.


Macquarie Technology Group Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Macquarie Technology Group's Scaled Net Operating Assets distribution charts can be found below:

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


ASX:MAQ
95GF Score
Macquarie Technology Group Ltd ASX:MAQ
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Macquarie Technology Group 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.

Macquarie Technology Group'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 )
=(667.426-113.905)/689.886
=0.80

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=729.788 - 62.362
=667.426

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=242.787 - 124.338 - 4.544
=113.905

Macquarie Technology Group'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 )
=(759.833-201.878)/729.788
=0.76

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=795.902 - 36.069
=759.833

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=292.178 - 85.624 - 4.676
=201.878

* 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 0.76 mean?
Macquarie Technology Group (ASX:MAQ) has a Scaled Net Operating Assets of 0.76 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 Macquarie Technology Group and its competitors.
Is Macquarie Technology Group's Scaled Net Operating Assets too high?
Macquarie Technology Group's current Scaled Net Operating Assets is 0.76. Overall, Macquarie Technology Group has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Macquarie Technology Group's Scaled Net Operating Assets compare to IBM and ACN?
Macquarie Technology Group's Scaled Net Operating Assets of 0.76 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Macquarie Technology Group and its competitors. Macquarie Technology Group's current Scaled Net Operating Assets is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macquarie Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Macquarie Technology Group (ASX:MAQ) is currently considered Fairly Valued. The stock's GF Value™ is A$67.85, compared to a current price of A$67.69 — trading 0.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.76. Macquarie Technology Group's overall GF Score™ is 95/100 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 Macquarie Technology Group (ASX:MAQ), the current Scaled Net Operating Assets is 0.76 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 Macquarie Technology Group (ASX:MAQ) Overvalued in 2026?

Based on GuruFocus' analysis, Macquarie Technology Group stock appears to be undervalued. The current stock price of A$67.69 is trading 0.2% below its estimated GF Value™ of A$67.85. GuruFocus considers Macquarie Technology Group to be Fairly Valued.

Key valuation signals for ASX:MAQ:

  • Scaled Net Operating Assets: 0.76
  • GF Value™: A$67.85 vs. price of A$67.69 (0.2% below fair value)
  • GF Score™: 95/100 with 4 warning signs

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


Macquarie Technology Group Business Description

Address 2 Market Street, Level 15, Sydney, NSW, AUS, 2000
Macquarie Technology Group operates three business segments. The telecom division is how the group first began in 1992, providing voice, mobile, and general connectivity and network security services to businesses utilizing its data network. The cloud services and government division leverages the group's data center facilities to provide cybersecurity, colocation services, public and private cloud, and storage services to corporate and government customers. In 2018, the data centers division was separately launched, providing sovereign data centers for governments, major hyperscalers, and large multinationals.
95GF Score

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A$67.69
Price
A$67.85
GF Value