Firy (FIRY) Scaled Net Operating Assets: 0.16 (As of Mar. 2026)


FIRY Firy Inc FIRY
68 GF Score
Price $8.36
GF Value $7.01
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Firy Scaled Net Operating Assets?

Firy FIRY -8.33% 68 Scaled Net Operating Assets is 0.16 as of Mar. 2026. GuruFocus rates FIRY with a GF Score™ of 68/100 and a GF Value™ of $7.01 (Modestly Overvalued). The stock has 7 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.

Firy's operating assets for the quarter that ended in Mar. 2026 was $101.9 Mil. Firy's operating liabilities for the quarter that ended in Mar. 2026 was $56.1 Mil. Firy's Total Assets for the quarter that ended in Dec. 2025 was $293.5 Mil. Therefore, Firy's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.16.


Firy Scaled Net Operating Assets Historical Data

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The historical data trend for Firy'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.

Firy Scaled Net Operating Assets Chart

Firy Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 1.22 0.08 0.07 0.10 0.12

Firy 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 0.11 0.11 0.13 0.15 0.16

FIRY vs MRDN, CTW, MYPS: Scaled Net Operating Assets Comparison

For the Electronic Gaming & Multimedia subindustry, Firy'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.


Firy Scaled Net Operating Assets vs Interactive Media Industry

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

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


FIRY
68GF Score
Firy Inc FIRY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Firy 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.

Firy'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 )
=(98.942-52.914)/374.268
=0.12

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=293.455 - 194.513
=98.942

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=181.635 - 0.665 - 128.056
=52.914

Firy'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 )
=(101.947-56.059)/293.455
=0.16

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=287.348 - 185.401
=101.947

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=185.135 - 0.547 - 128.529
=56.059

* 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 0.16 mean?
Firy (FIRY) has a Scaled Net Operating Assets of 0.16 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 Firy and its competitors.
Is Firy's Scaled Net Operating Assets too high?
Firy's current Scaled Net Operating Assets is 0.16. Overall, Firy has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Firy's Scaled Net Operating Assets compare to MRDN and CTW?
Firy's Scaled Net Operating Assets of 0.16 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 Firy and its competitors. Firy's current Scaled Net Operating Assets is 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firy stock overvalued right now?
Based on GuruFocus' analysis, Firy (FIRY) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.01, compared to a current price of $8.36 — trading 19.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.16. Firy's overall GF Score™ is 68/100 with 7 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 Firy (FIRY), the current Scaled Net Operating Assets is 0.16 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 Firy (FIRY) Overvalued in 2026?

Based on GuruFocus' analysis, Firy stock appears to be overvalued. The current stock price of $8.36 is trading 19.3% above its estimated GF Value™ of $7.01. GuruFocus considers Firy to be Modestly Overvalued.

Key valuation signals for FIRY:

  • Scaled Net Operating Assets: 0.16
  • GF Value™: $7.01 vs. price of $8.36 (19.3% above fair value)
  • GF Score™: 68/100 with 7 warning signs

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


Firy Business Description

Other Exchanges SKLZ:Mexico
Address 6625 Badura Avenue, Las Vegas, NV, USA, 89118
Firy Inc, formerly Skillz Inc is a two-sided mobile gaming platform that connects developers with competitive players. Its reportable segments are: the Skillz segment and the RZR segment. Skillz segment's highlights include Monetize Through Competitions, Player Matching, Cross-Platform Support, Comprehensive Analytics, and Focus on Game Development. Aarki is a performance marketing platform that enables advertisers to acquire, retain, and monetize users across mobile, connected television (CTV), and other digital channels. Some of the games available on its platform are Dominoes Gold, Blackout Bingo, 21 Blitz, and Solitaire Cube, among others. It generates the majority of its revenue from the Skillz segment. Geographically, the company derives its key revenue from the United States.
68GF 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.

$8.36
Price
$7.01
GF Value