A-Smart Holdings (FRA:IOTA) Scaled Net Operating Assets: 0.77 (As of Jan. 2026)


FRA:IOTA A-Smart Holdings Ltd FRA:IOTA
27 GF Score
Price €0.06
GF Value €0.04
Valuation Significantly Overvalued
! 7 Warning Signs
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What is A-Smart Holdings Scaled Net Operating Assets?

A-Smart Holdings FRA:IOTA 27 Scaled Net Operating Assets is 0.77 as of Jan. 2026. GuruFocus rates FRA:IOTA with a GF Score™ of 27/100 and a GF Value™ of €0.04 (Significantly 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.

A-Smart Holdings's operating assets for the quarter that ended in Jan. 2026 was €24.68 Mil. A-Smart Holdings's operating liabilities for the quarter that ended in Jan. 2026 was €4.62 Mil. A-Smart Holdings's Total Assets for the quarter that ended in Jul. 2025 was €26.01 Mil. Therefore, A-Smart Holdings's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.77.


A-Smart Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for A-Smart Holdings'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.

A-Smart Holdings Scaled Net Operating Assets Chart

A-Smart Holdings Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.64 0.97 1.04 0.79

A-Smart Holdings Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 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 0.84 1.06 0.87 0.78 0.77

FRA:IOTA vs CTAS, CPRT, ULS: Scaled Net Operating Assets Comparison

For the Specialty Business Services subindustry, A-Smart Holdings'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.


A-Smart Holdings Scaled Net Operating Assets vs Business Services Industry

For the Business Services industry and Industrials sector, A-Smart Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where A-Smart Holdings's Scaled Net Operating Assets falls into.


FRA:IOTA
27GF Score
A-Smart Holdings Ltd FRA:IOTA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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A-Smart Holdings 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.

A-Smart Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2025 )
=(Operating Assets (A: Jul. 2025 )-Operating Liabilities (A: Jul. 2025 ))/Total Assets (A: Jul. 2024 )
=(24.071-4.199)/25.121
=0.79

where

Operating Assets(A: Jul. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=26.012 - 1.941
=24.071

Operating Liabilities(A: Jul. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8.761 - 1.134 - 3.428
=4.199

A-Smart Holdings'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: Jul. 2025 )
=(24.68-4.617)/26.012
=0.77

where

Operating Assets(Q: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=25.849 - 1.169
=24.68

Operating Liabilities(Q: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.228 - 1.172 - 3.439
=4.617

* 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 0.77 mean?
A-Smart Holdings (FRA:IOTA) has a Scaled Net Operating Assets of 0.77 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 A-Smart Holdings and its competitors.
Is A-Smart Holdings' Scaled Net Operating Assets too high?
A-Smart Holdings' current Scaled Net Operating Assets is 0.77. Overall, A-Smart Holdings has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does A-Smart Holdings' Scaled Net Operating Assets compare to CTAS and CPRT?
A-Smart Holdings' Scaled Net Operating Assets of 0.77 can be compared against companies in the Business 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 Business Services company?
A good Scaled Net Operating Assets depends on the Business 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 A-Smart Holdings and its competitors. A-Smart Holdings's current Scaled Net Operating Assets is 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A-Smart Holdings stock overvalued right now?
Based on GuruFocus' analysis, A-Smart Holdings (FRA:IOTA) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.04, compared to a current price of €0.06 — trading 41.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.77. A-Smart Holdings' overall GF Score™ is 27/100 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 A-Smart Holdings (FRA:IOTA), the current Scaled Net Operating Assets is 0.77 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 A-Smart Holdings (FRA:IOTA) Overvalued in 2026?

Based on GuruFocus' analysis, A-Smart Holdings stock appears to be overvalued. The current stock price of €0.06 is trading 41.3% above its estimated GF Value™ of €0.04. GuruFocus considers A-Smart Holdings to be Significantly Overvalued.

Key valuation signals for FRA:IOTA:

  • Scaled Net Operating Assets: 0.77
  • GF Value™: €0.04 vs. price of €0.06 (41.3% above fair value)
  • GF Score™: 27/100 with 7 warning signs

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


A-Smart Holdings Business Description

Other Exchanges BQC:Singapore
Address 61 Tai Seng Avenue, No. 03-03, Print Media Hub at Paya Lebar iPark, Singapore, SGP, 534167
A-Smart Holdings Ltd is an investment holding company operating through segments that include Print and media, covering printing of financial and corporate publications such as reports, prospectuses, brochures, magazines, and other commercial materials, along with events management. The Property segment is involved in property development, while Smart Technologies focuses on developing, selling, and redistributing smart IT solutions, gadgets, software, and hardware products. The Corporate and others segment includes corporate office functions, shared services, and long-term investments in non-quoted equities. The majority of its revenue comes from Print and media, and it derives revenue from Singapore.
27GF Score

Get the complete analysis for FRA:IOTA

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.06
Price
€0.04
GF Value