Frequency Electronics (FRA:98K) Scaled Net Operating Assets: 0.73 (As of Jan. 2026)


FRA:98K Frequency Electronics Inc FRA:98K
58 GF Score
Price €51.50
GF Value €13.14
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Frequency Electronics Scaled Net Operating Assets?

Frequency Electronics FRA:98K -8.36% 58 Scaled Net Operating Assets is 0.73 as of Jan. 2026. GuruFocus rates FRA:98K with a GF Score™ of 58/100 and a GF Value™ of €13.14 (Significantly Overvalued). The stock has 5 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.

Frequency Electronics's operating assets for the quarter that ended in Jan. 2026 was €80.08 Mil. Frequency Electronics's operating liabilities for the quarter that ended in Jan. 2026 was €21.97 Mil. Frequency Electronics's Total Assets for the quarter that ended in Oct. 2025 was €79.25 Mil. Therefore, Frequency Electronics's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.73.


Frequency Electronics Scaled Net Operating Assets Historical Data

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The historical data trend for Frequency Electronics'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.

Frequency Electronics Scaled Net Operating Assets Chart

Frequency Electronics Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.39 0.33 0.38 0.68

Frequency Electronics Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 0.69 0.64 0.62 0.69 0.73

FRA:98K vs NTGR, CLFD, GILT: Scaled Net Operating Assets Comparison

For the Communication Equipment subindustry, Frequency Electronics'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.


Frequency Electronics Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Frequency Electronics's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:98K
58GF Score
Frequency Electronics Inc FRA:98K
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequency Electronics 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.

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

Scaled Net Operating Assets (SNOA)(A: Apr. 2025 )
=(Operating Assets (A: Apr. 2025 )-Operating Liabilities (A: Apr. 2025 ))/Total Assets (A: Apr. 2024 )
=(79.225-26.131)/77.592
=0.68

where

Operating Assets(A: Apr. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=83.426 - 4.201
=79.225

Operating Liabilities(A: Apr. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=33.924 - 5.989 - 1.804
=26.131

Frequency Electronics's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2026 )
=(Operating Assets (Q: Jan. 2026 )-Operating Liabilities (Q: Jan. 2026 ))/Total Assets (Q: Oct. 2025 )
=(80.084-21.973)/79.247
=0.73

where

Operating Assets(Q: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=80.157 - 0.073
=80.084

Operating Liabilities(Q: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=28.891 - 5.093 - 1.825
=21.973

* 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 0.73 mean?
Frequency Electronics (FRA:98K) has a Scaled Net Operating Assets of 0.73 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Frequency Electronics and its competitors.
Is Frequency Electronics' Scaled Net Operating Assets too high?
Frequency Electronics' current Scaled Net Operating Assets is 0.73. Overall, Frequency Electronics has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Frequency Electronics' Scaled Net Operating Assets compare to NTGR and CLFD?
Frequency Electronics' Scaled Net Operating Assets of 0.73 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 Frequency Electronics and its competitors. Frequency Electronics's current Scaled Net Operating Assets is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frequency Electronics stock overvalued right now?
Based on GuruFocus' analysis, Frequency Electronics (FRA:98K) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.14, compared to a current price of €51.50 — trading 291.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.73. Frequency Electronics' overall GF Score™ is 58/100 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 Frequency Electronics (FRA:98K), the current Scaled Net Operating Assets is 0.73 as of Jan. 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 Frequency Electronics (FRA:98K) Overvalued in 2026?

Based on GuruFocus' analysis, Frequency Electronics stock appears to be overvalued. The current stock price of €51.50 is trading 291.9% above its estimated GF Value™ of €13.14. GuruFocus considers Frequency Electronics to be Significantly Overvalued.

Key valuation signals for FRA:98K:

  • Scaled Net Operating Assets: 0.73
  • GF Value™: €13.14 vs. price of €51.50 (291.9% above fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the FRA:98K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Frequency Electronics Business Description

Other Exchanges FEIM:USA98K:Germany
Address 55 Charles Lindbergh Boulevard, Mitchel Field, NY, USA, 11553
Frequency Electronics Inc is engaged in the design, development, and manufacture of high-precision timing, and frequency control products for space, air, sea, and terrestrial applications. The company has FEI-NY and FEI-Zyfer reportable segments. It derives the majority of its revenues from the FEI-NY segment. FEI-NY segment operations consist principally of precision time and frequency control products used in three principal markets namely communication satellites (both commercial and U.S. Government-funded); terrestrial cellular telephone or other ground-based telecommunication stations; and other components and systems for the U.S. military.
58GF 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.

€51.50
Price
€13.14
GF Value