Launch Tech Co (FRA:LAN) Scaled Net Operating Assets: 0.43 (As of Dec. 2025)


FRA:LAN Launch Tech Co Ltd FRA:LAN
53 GF Score
Price €0.76
GF Value €0.71
Valuation Fairly Valued
! 2 Warning Signs
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What is Launch Tech Co Scaled Net Operating Assets?

Launch Tech Co FRA:LAN -1.31% 53 Scaled Net Operating Assets is 0.43 as of Dec. 2025. GuruFocus rates FRA:LAN with a GF Score™ of 53/100 and a GF Value™ of €0.71 (Fairly Valued). The stock has 2 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.

Launch Tech Co's operating assets for the quarter that ended in Dec. 2025 was €192.1 Mil. Launch Tech Co's operating liabilities for the quarter that ended in Dec. 2025 was €79.2 Mil. Launch Tech Co's Total Assets for the quarter that ended in Jun. 2025 was €262.9 Mil. Therefore, Launch Tech Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.43.


Launch Tech Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Launch Tech Co'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.

Launch Tech Co Scaled Net Operating Assets Chart

Launch Tech Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.68 0.41 0.53 0.43

Launch Tech Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.45 0.41 0.51 0.45 0.43

FRA:LAN vs ORLY, AZO: Scaled Net Operating Assets Comparison

For the Auto Parts subindustry, Launch Tech Co'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.


Launch Tech Co Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Launch Tech Co's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:LAN
53GF Score
Launch Tech Co Ltd FRA:LAN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Launch Tech Co 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.

Launch Tech Co'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 )
=(192.068-79.242)/261.901
=0.43

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=262.411 - 70.343
=192.068

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=112.939 - 22.115 - 11.582
=79.242

Launch Tech Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(192.068-79.242)/262.868
=0.43

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=262.411 - 70.343
=192.068

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=112.939 - 22.115 - 11.582
=79.242

* 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 0.43 mean?
Launch Tech Co (FRA:LAN) has a Scaled Net Operating Assets of 0.43 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Launch Tech Co and its competitors.
Is Launch Tech Co's Scaled Net Operating Assets too high?
Launch Tech Co's current Scaled Net Operating Assets is 0.43. Overall, Launch Tech Co has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Launch Tech Co's Scaled Net Operating Assets compare to ORLY and AZO?
Launch Tech Co's Scaled Net Operating Assets of 0.43 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 Launch Tech Co and its competitors. Launch Tech Co's current Scaled Net Operating Assets is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Launch Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Launch Tech Co (FRA:LAN) is currently considered Fairly Valued. The stock's GF Value™ is €0.71, compared to a current price of €0.76 — trading 6.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.43. Launch Tech Co's overall GF Score™ is 53/100 with 2 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 Launch Tech Co (FRA:LAN), the current Scaled Net Operating Assets is 0.43 as of Dec. 2025. 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 Launch Tech Co (FRA:LAN) Overvalued in 2026?

Based on GuruFocus' analysis, Launch Tech Co stock appears to be overvalued. The current stock price of €0.76 is trading 6.3% above its estimated GF Value™ of €0.71. GuruFocus considers Launch Tech Co to be Fairly Valued.

Key valuation signals for FRA:LAN:

  • Scaled Net Operating Assets: 0.43
  • GF Value™: €0.71 vs. price of €0.76 (6.3% above fair value)
  • GF Score™: 53/100 with 2 warning signs

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


Launch Tech Co Business Description

Other Exchanges 02488:Hong KongLAN:Germany
Address North of Wuhe Road, Launch Industrial Park, Banxuegang, Longgang District, Shenzhen, CHN, 518129
Launch Tech Co Ltd principally engages in the provision of products and services serving the automotive aftermarket and the automobile industry mainly in the People's Republic of China and certain overseas countries. The Company has three reporting segments: i) Automotive diagnosis segment, ii) Europe Overseas Sales segment, and iii) U.S. overseas sales segment. The automotive diagnosis segment covers research and development, production and sales of automotive diagnostic and inspection products. The Europe Overseas Sales segment covers development and maintenance of European distributors and customers. The U.S. Overseas Sales segment covers development and maintenance of distributors and customers in the Americas. The majority of revenue is derived from the Automotive diagnosis segment.
53GF 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.

€0.76
Price
€0.71
GF Value