Micro Systemation AB (FRA:W98) Scaled Net Operating Assets: 0.19 (As of Jun. 2026)

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FRA:W98 Micro Systemation AB FRA:W98
90 GF Score
Price €8.12
GF Value €6.33
! 6 Warning Signs
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What is Micro Systemation AB Scaled Net Operating Assets?

Micro Systemation AB FRA:W98 -1.71% 90 Scaled Net Operating Assets is 0.19 as of Jun. 2026. GuruFocus rates FRA:W98 with a GF Score™ of 90/100 and a GF Value™ of €6.33. The stock has 6 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.

Micro Systemation AB's operating assets for the quarter that ended in Jun. 2026 was €18.88 Mil. Micro Systemation AB's operating liabilities for the quarter that ended in Jun. 2026 was €12.51 Mil. Micro Systemation AB's Total Assets for the quarter that ended in Mar. 2026 was €34.12 Mil. Therefore, Micro Systemation AB's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.19.


Micro Systemation AB Scaled Net Operating Assets Historical Data

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The historical data trend for Micro Systemation 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.

Micro Systemation AB Scaled Net Operating Assets Chart

Micro Systemation AB 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 0.18 0.30 0.10 0.13 0.03

Micro Systemation AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.16 0.34 0.03 0.25 0.19

FRA:W98 vs CRM, SHOP, UBER: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Micro Systemation 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.


Micro Systemation AB Scaled Net Operating Assets vs Software Industry

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

* The bar in red indicates where Micro Systemation AB's Scaled Net Operating Assets falls into.


FRA:W98
90GF Score
Micro Systemation AB FRA:W98
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Micro Systemation AB 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.

Micro Systemation AB'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 )
=(14.641240616349-14.000713470581)/25.080194096518
=0.03

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=29.377151791373 - 14.735911175024
=14.641240616349

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15.504451388426 - 1.3707373280968 - 0.13300058974863
=14.000713470581

Micro Systemation AB's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(18.87929999843-12.507875154537)/34.119446442274
=0.19

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=32.010761414284 - 13.131461415854
=18.87929999843

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19.132349495776 - 5.8020634748645 - 0.82241086637488
=12.507875154537

* 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 0.19 mean?
Micro Systemation AB (FRA:W98) has a Scaled Net Operating Assets of 0.19 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 Micro Systemation AB and its competitors.
Is Micro Systemation AB's Scaled Net Operating Assets too high?
Micro Systemation AB's current Scaled Net Operating Assets is 0.19. Overall, Micro Systemation AB has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Micro Systemation AB's Scaled Net Operating Assets compare to CRM and SHOP?
Micro Systemation AB's Scaled Net Operating Assets of 0.19 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 Micro Systemation AB and its competitors. Micro Systemation AB's current Scaled Net Operating Assets is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micro Systemation AB stock overvalued right now?
Micro Systemation AB (FRA:W98) has a current Scaled Net Operating Assets of 0.19. The stock's GF Value™ is €6.33, compared to a current price of €8.12 — trading 28.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.19. Micro Systemation AB's overall GF Score™ is 90/100 with 6 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 Micro Systemation AB (FRA:W98), the current Scaled Net Operating Assets is 0.19 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 Micro Systemation AB (FRA:W98) Overvalued in 2026?

Based on GuruFocus' analysis, Micro Systemation AB stock appears to be overvalued. The current stock price of €8.12 is trading 28.3% above its estimated GF Value™ of €6.33.

Key valuation signals for FRA:W98:

  • Scaled Net Operating Assets: 0.19
  • GF Value™: €6.33 vs. price of €8.12 (28.3% above fair value)
  • GF Score™: 90/100 with 6 warning signs

No single metric tells the full story. See the FRA:W98 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micro Systemation AB Business Description

Other Exchanges MSAB B:Sweden0FBM:UK
Address Sveavagen 56E, Stockholm, SWE, 117 34
Micro Systemation AB, operating under the MSAB brand, develops and sells mobile digital forensics software and hardware used to extract, analyze, and present data from mobile phones, tablets, and other digital devices. Its main product families include XRY for data extraction, XAMN for analysis and visualization, and XEC for secure data handling and storage. The company primarily serves law enforcement, military, intelligence agencies, and forensic laboratories, providing tools for evidence recovery and investigation. Revenue comes from software licenses, hardware kits, subscriptions, and support and training services. Sales are concentrated in Europe, with the United Kingdom a significant market, complemented by North America and other regions through a direct sales force and distributor network. The company is headquartered in Sweden and listed on the Nasdaq Stockholm exchange.
90GF 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.

€8.12
Price
€6.33
GF Value