Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
TPG Telecom's operating assets for the quarter that ended in Dec. 2025 was A$14,439 Mil. TPG Telecom's operating liabilities for the quarter that ended in Dec. 2025 was A$1,686 Mil. TPG Telecom's Total Assets for the quarter that ended in Jun. 2025 was A$19,010 Mil. Therefore, TPG Telecom's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.67.
TPG Telecom Scaled Net Operating Assets Related Terms
TPG Telecom Scaled Net Operating Assets Historical Data
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The historical data trend for TPG Telecom'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.
ASX:TPG vs TMUS, VZ, T: Scaled Net Operating Assets Comparison
For the Telecom Services subindustry, TPG Telecom'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.
TPG Telecom Scaled Net Operating Assets vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, TPG Telecom's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where TPG Telecom's Scaled Net Operating Assets falls into.
* 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 0.67 mean?
TPG Telecom (ASX:TPG) has a Scaled Net Operating Assets of 0.67 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 TPG Telecom and its competitors.
Is TPG Telecom's Scaled Net Operating Assets too high?
TPG Telecom's current Scaled Net Operating Assets is 0.67. Overall, TPG Telecom has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TPG Telecom's Scaled Net Operating Assets compare to TMUS and VZ?
TPG Telecom's Scaled Net Operating Assets of 0.67 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 TPG Telecom and its competitors. TPG Telecom's current Scaled Net Operating Assets is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPG Telecom stock overvalued right now?
Based on GuruFocus' analysis, TPG Telecom (ASX:TPG) is currently considered Modestly Undervalued. The stock's GF Value™ is A$4.52, compared to a current price of A$3.61 — trading 20.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.67. TPG Telecom'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 TPG Telecom (ASX:TPG), the current Scaled Net Operating Assets is 0.67 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 TPG Telecom (ASX:TPG) Overvalued in 2026?
Based on GuruFocus' analysis, TPG Telecom stock appears to be undervalued.
The current stock price of A$3.61 is trading 20.1% below its estimated GF Value™ of A$4.52.
GuruFocus considers TPG Telecom to be Modestly Undervalued.
Key valuation signals for ASX:TPG:
Scaled Net Operating Assets: 0.67
GF Value™: A$4.52 vs. price of A$3.61 (20.1% below fair value)
No single metric tells the full story. See the ASX:TPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TPG Telecom is Australia's third-largest telecom services company. It offers mobile, fixed-line broadband and telephony solutions. The group's mobile business caters to all market segments spanning consumer, small business, corporate, wholesale, and government. TPG Telecom has grown substantially since listing on the ASX in 2008, via organic growth and acquisitions, and culminated with the July 2020 Vodafone Hutchison Australia merger, the third-ranked mobile network operator in Australia. It owns an extensive stable of infrastructure assets, including a nationwide mobile network that is upgrading to 5G wireless. In July 2025, TPG sold its fiber assets for AUD 5.3 billion to Vocus.
66GF Score
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