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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.
Gapwaves AB's operating assets for the quarter that ended in Jun. 2026 was €6.62 Mil. Gapwaves AB's operating liabilities for the quarter that ended in Jun. 2026 was €2.30 Mil. Gapwaves AB's Total Assets for the quarter that ended in Mar. 2026 was €13.95 Mil. Therefore, Gapwaves AB's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.31.
Gapwaves AB Scaled Net Operating Assets Related Terms
Gapwaves AB Scaled Net Operating Assets Historical Data
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The historical data trend for Gapwaves AB'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.
FRA:GW3 vs CSCO, MSI, HPE: Scaled Net Operating Assets Comparison
For the Communication Equipment subindustry, Gapwaves AB'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.
Gapwaves AB Scaled Net Operating Assets vs Hardware Industry
For the Hardware industry and Technology sector, Gapwaves AB's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Gapwaves AB'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 0.31 mean?
Gapwaves AB (FRA:GW3) has a Scaled Net Operating Assets of 0.31 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Gapwaves AB and its competitors.
Is Gapwaves AB's Scaled Net Operating Assets too high?
Gapwaves AB's current Scaled Net Operating Assets is 0.31. Overall, Gapwaves AB has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gapwaves AB's Scaled Net Operating Assets compare to CSCO and MSI?
Gapwaves AB's Scaled Net Operating Assets of 0.31 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 Gapwaves AB and its competitors. Gapwaves AB's current Scaled Net Operating Assets is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gapwaves AB stock overvalued right now?
Based on GuruFocus' analysis, Gapwaves AB (FRA:GW3) is currently considered Possible Value Trap. The stock's GF Value™ is €1.69, compared to a current price of €1.09 — trading 35.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.31. Gapwaves AB's overall GF Score™ is 80/100 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 Gapwaves AB (FRA:GW3), the current Scaled Net Operating Assets is 0.31 as of Jun. 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 Gapwaves AB (FRA:GW3) Overvalued in 2026?
Based on GuruFocus' analysis, Gapwaves AB stock appears to be undervalued.
The current stock price of €1.09 is trading 35.6% below its estimated GF Value™ of €1.69.
GuruFocus considers Gapwaves AB to be Possible Value Trap.
Key valuation signals for FRA:GW3:
Scaled Net Operating Assets: 0.31
GF Value™: €1.69 vs. price of €1.09 (35.6% below fair value)
No single metric tells the full story. See the FRA:GW3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gapwaves AB is a Swedish technology company that develops, designs, manufactures, and delivers wireless solutions based on its patented waveguide technology for millimeter wave applications. Its products are mainly used in antennas for radar systems that support driver assistance, autonomous driving, and automotive safety solutions, along with applications in industrial automation, telecom, smart cities, and civil military sectors. It focuses on two key markets for waveguide antennas, namely radar and wireless communication, and is expanding the use of its technology in both areas. Its segments are Automotive, Smart Cities, Mobility, and Defense, each covering a range of growing application areas, and it has a geographic presence in Sweden, the European Union, and the rest of the world.
80GF 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.
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