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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Waaree Technologies's operating assets for the quarter that ended in Mar. 2026 was ₹155.28 Mil. Waaree Technologies's operating liabilities for the quarter that ended in Mar. 2026 was ₹27.72 Mil. Waaree Technologies's Total Assets for the quarter that ended in Sep. 2025 was ₹192.61 Mil. Therefore, Waaree Technologies's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.66.
Waaree Technologies Scaled Net Operating Assets Related Terms
Waaree Technologies Scaled Net Operating Assets Historical Data
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The historical data trend for Waaree Technologies'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.
Waaree Technologies Scaled Net Operating Assets Chart
BOM:539337 vs FSLR, NXT, ENPH: Scaled Net Operating Assets Comparison
For the Solar subindustry, Waaree Technologies'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.
Waaree Technologies Scaled Net Operating Assets vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Waaree Technologies's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Waaree Technologies'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 0.66 mean?
Waaree Technologies (BOM:539337) has a Scaled Net Operating Assets of 0.66 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 Waaree Technologies and its competitors.
Is Waaree Technologies' Scaled Net Operating Assets too high?
Waaree Technologies' current Scaled Net Operating Assets is 0.66. Overall, Waaree Technologies has a GF Score™ of 45/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Waaree Technologies' Scaled Net Operating Assets compare to FSLR and NXT?
Waaree Technologies' Scaled Net Operating Assets of 0.66 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors 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 Waaree Technologies and its competitors. Waaree Technologies's current Scaled Net Operating Assets is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waaree Technologies stock overvalued right now?
Based on GuruFocus' analysis, Waaree Technologies (BOM:539337) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹185.55, compared to a current price of ₹233.80 — trading 26% above its estimated fair value. The current Scaled Net Operating Assets is 0.66. Waaree Technologies' overall GF Score™ is 45/100 with 5 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 Waaree Technologies (BOM:539337), the current Scaled Net Operating Assets is 0.66 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 Waaree Technologies (BOM:539337) Overvalued in 2026?
Based on GuruFocus' analysis, Waaree Technologies stock appears to be overvalued.
The current stock price of ₹233.80 is trading 26% above its estimated GF Value™ of ₹185.55.
GuruFocus considers Waaree Technologies to be Modestly Overvalued.
Key valuation signals for BOM:539337:
Scaled Net Operating Assets: 0.66
GF Value™: ₹185.55 vs. price of ₹233.80 (26% above fair value)
No single metric tells the full story. See the BOM:539337 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Waaree Technologies Ltd is engaged in the business of manufacturing batteries, catering to both industrial and consumer segments, with a particular focus on energy storage systems, electric vehicles (EVs). The Products of the company include PV modules and Solar inverters. Its Solutions are Ground Mounted, Roof Top, Floating Solar, Asset Management, and Green Hydrogen. The company operates in a single segment is assembling and dealing in lithium batteries.
45GF Score
Get the complete analysis for BOM:539337
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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