Uber Technologies (FRA:UT8) Scaled Net Operating Assets: 0.53 (As of Mar. 2026)


FRA:UT8 Uber Technologies Inc FRA:UT8
82 GF Score
Price €66.60
GF Value €84.10
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Uber Technologies Scaled Net Operating Assets?

Uber Technologies FRA:UT8 +4.08% 82 Scaled Net Operating Assets is 0.53 as of Mar. 2026. GuruFocus rates FRA:UT8 with a GF Score™ of 82/100 and a GF Value™ of €84.10 (Modestly Undervalued). The stock has 4 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.

Uber Technologies's operating assets for the quarter that ended in Mar. 2026 was €46,532 Mil. Uber Technologies's operating liabilities for the quarter that ended in Mar. 2026 was €18,731 Mil. Uber Technologies's Total Assets for the quarter that ended in Dec. 2025 was €52,779 Mil. Therefore, Uber Technologies's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.53.

Uber Technologies Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Uber Technologies'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.

Uber Technologies Scaled Net Operating Assets Chart

Uber Technologies 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 0.72 0.42 0.56 0.72 0.57

Uber Technologies 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 0.53 0.51 0.59 0.52 0.53

FRA:UT8 vs SHOP, CRM, CDNS: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Uber Technologies'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.

Uber Technologies Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Uber Technologies's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:UT8
82GF Score
Uber Technologies Inc FRA:UT8
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Uber Technologies 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.

Uber Technologies'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 )
=(46260.326-18479.706)/48938.02
=0.57

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=52778.908 - 6518.582
=46260.326

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=28796.026 - 10171.994 - 144.326
=18479.706

Uber Technologies'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 )
=(46531.81-18730.71)/52778.908
=0.53

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=51800.525 - 5268.715
=46531.81

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=29473.145 - 10573.76 - 168.675
=18730.71

* 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 0.53 mean?
Uber Technologies (FRA:UT8) has a Scaled Net Operating Assets of 0.53 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 Uber Technologies and its competitors.
Is Uber Technologies' Scaled Net Operating Assets too high?
Uber Technologies' current Scaled Net Operating Assets is 0.53. Overall, Uber Technologies has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Uber Technologies' Scaled Net Operating Assets compare to SHOP and CRM?
Uber Technologies' Scaled Net Operating Assets of 0.53 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Uber Technologies and its competitors. Uber Technologies's current Scaled Net Operating Assets is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Uber Technologies stock overvalued right now?
Based on GuruFocus' analysis, Uber Technologies (FRA:UT8) is currently considered Modestly Undervalued. The stock's GF Value™ is €84.10, compared to a current price of €66.60 — trading 20.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.53. Uber Technologies' overall GF Score™ is 82/100 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 Uber Technologies (FRA:UT8), the current Scaled Net Operating Assets is 0.53 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 Uber Technologies (FRA:UT8) Overvalued in 2026?

Based on GuruFocus' analysis, Uber Technologies stock appears to be undervalued. The current stock price of €66.60 is trading 20.8% below its estimated GF Value™ of €84.10. GuruFocus considers Uber Technologies to be Modestly Undervalued.

Key valuation signals for FRA:UT8:

  • Scaled Net Operating Assets: 0.53
  • GF Value™: €84.10 vs. price of €66.60 (20.8% below fair value)
  • GF Score™: 82/100 with 4 warning signs

No single metric tells the full story. See the FRA:UT8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Uber Technologies Business Description

Address 1725 3rd Street, San Francisco, CA, USA, 94158
Uber Technologies is a technology provider that matches riders with drivers, hungry people with restaurants and food couriers, and shippers with carriers. The firm's on-demand technology platform is currently utilized by traditional cars as well as autonomous vehicles, but could eventually be used for additional products and services, such as delivery via drones or electronic vehicle take-off and landing (eVTOL) technology. Uber operates in over 70 countries, with over 202 million users who order rides or food at least once a month.
82GF Score

Get the complete analysis for FRA:UT8

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

€66.60
Price
€84.10
GF Value