Next Technology Holding (FRA:ZP9) Scaled Net Operating Assets: 0.68 (As of Mar. 2026)


FRA:ZP9 Next Technology Holding Inc FRA:ZP9
28 GF Score
Price €1.16
GF Value €6.41
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Next Technology Holding Scaled Net Operating Assets?

Next Technology Holding FRA:ZP9 -3.33% 28 Scaled Net Operating Assets is 0.68 as of Mar. 2026. GuruFocus rates FRA:ZP9 with a GF Score™ of 28/100 and a GF Value™ of €6.41 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Next Technology Holding's operating assets for the quarter that ended in Mar. 2026 was €338.65 Mil. Next Technology Holding's operating liabilities for the quarter that ended in Mar. 2026 was €34.42 Mil. Next Technology Holding's Total Assets for the quarter that ended in Dec. 2025 was €447.61 Mil. Therefore, Next Technology Holding's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.68.

Next Technology Holding Scaled Net Operating Assets Historical Data

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The historical data trend for Next Technology Holding'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.

Next Technology Holding Scaled Net Operating Assets Chart

Next Technology Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 1.31 2.28 0.92 1.74 4.35

Next Technology Holding 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 4.40 1.05 0.88 0.67 0.68

FRA:ZP9 vs EXFY, NRDY, SCOR: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Next Technology Holding'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.

Next Technology Holding Scaled Net Operating Assets vs Software Industry

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

* The bar in red indicates where Next Technology Holding's Scaled Net Operating Assets falls into.


FRA:ZP9
28GF Score
Next Technology Holding Inc FRA:ZP9
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Next Technology Holding 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.

Next Technology Holding'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 )
=(442.805-56.803)/88.735
=4.35

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=447.608 - 4.803
=442.805

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=58.543 - 0 - 1.74
=56.803

Next Technology Holding'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 )
=(338.65-34.421)/447.608
=0.68

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=476.805 - 138.155
=338.65

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=34.919 - 0 - 0.498
=34.421

* 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 0.68 mean?
Next Technology Holding (FRA:ZP9) has a Scaled Net Operating Assets of 0.68 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 Next Technology Holding and its competitors.
Is Next Technology Holding's Scaled Net Operating Assets too high?
Next Technology Holding's current Scaled Net Operating Assets is 0.68. Overall, Next Technology Holding has a GF Score™ of 28/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Next Technology Holding's Scaled Net Operating Assets compare to EXFY and NRDY?
Next Technology Holding's Scaled Net Operating Assets of 0.68 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 Next Technology Holding and its competitors. Next Technology Holding's current Scaled Net Operating Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Technology Holding stock overvalued right now?
Based on GuruFocus' analysis, Next Technology Holding (FRA:ZP9) is currently considered Significantly Undervalued. The stock's GF Value™ is €6.41, compared to a current price of €1.16 — trading 81.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.68. Next Technology Holding's overall GF Score™ is 28/100 with 1 warning sign 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 Next Technology Holding (FRA:ZP9), the current Scaled Net Operating Assets is 0.68 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 Next Technology Holding (FRA:ZP9) Overvalued in 2026?

Based on GuruFocus' analysis, Next Technology Holding stock appears to be undervalued. The current stock price of €1.16 is trading 81.9% below its estimated GF Value™ of €6.41. GuruFocus considers Next Technology Holding to be Significantly Undervalued.

Key valuation signals for FRA:ZP9:

  • Scaled Net Operating Assets: 0.68
  • GF Value™: €6.41 vs. price of €1.16 (81.9% below fair value)
  • GF Score™: 28/100 with 1 warning sign

No single metric tells the full story. See the FRA:ZP9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Next Technology Holding Business Description

Other Exchanges NXTT:USA
Address Grandage 3, Takebashi 408, 1376-7 OBA, Ssaitama Prefecture, Kasukabe, JPN, 344-0021
Next Technology Holding Inc provides software development services. It provides artificial intelligence (AI) enabled software development services to customers in Hong Kong, Singapore, Malaysia, Japan, and other Asian countries, which include developing, designing, and implementing various Software-as-a-Service (SaaS) software solutions for businesses of all types, including industrials and other businesses. Its designs, develops and deploys software platforms that integrate cloud computing, data analytics and AI-driven algorithms to support enterprises across diverse industries. Its products include Smart Cloud Collaboration Platform, AI-Enabled Data Analytics and Decision Support, Fully Automated Workflow, Comprehensive Security and Compliance Assurance, among others.
28GF 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.

€1.16
Price
€6.41
GF Value