IRCDF (Intercede Group) Scaled Net Operating Assets: 0.01 (As of Mar. 2026)


IRCDF Intercede Group PLC IRCDF
82 GF Score
Price $1.37
GF Value $1.85
! 2 Warning Signs
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What is Intercede Group Scaled Net Operating Assets?

Intercede Group IRCDF 82 Scaled Net Operating Assets is 0.01 as of Mar. 2026. GuruFocus rates IRCDF with a GF Score™ of 82/100 and a GF Value™ of $1.85. 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.

Intercede Group's operating assets for the quarter that ended in Mar. 2026 was $13.80 Mil. Intercede Group's operating liabilities for the quarter that ended in Mar. 2026 was $13.33 Mil. Intercede Group's Total Assets for the quarter that ended in Sep. 2025 was $34.58 Mil. Therefore, Intercede Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.01.


Intercede Group Scaled Net Operating Assets Historical Data

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The historical data trend for Intercede Group'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.

Intercede Group Scaled Net Operating Assets Chart

Intercede Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.11 -0.06 -0.20 -0.04 0.01

Intercede Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -0.20 -0.02 -0.04 -0.01 0.01

IRCDF vs CRM, SHOP, UBER: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Intercede Group'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.


Intercede Group Scaled Net Operating Assets vs Software Industry

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

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


IRCDF
82GF Score
Intercede Group PLC IRCDF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Intercede Group 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.

Intercede Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(13.802-13.327)/37.071
=0.01

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=40.467 - 26.665
=13.802

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14.789 - 1.255 - 0.207
=13.327

Intercede Group'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: Sep. 2025 )
=(13.802-13.327)/34.578
=0.01

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=40.467 - 26.665
=13.802

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14.789 - 1.255 - 0.207
=13.327

* 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 0.01 mean?
Intercede Group (IRCDF) has a Scaled Net Operating Assets of 0.01 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 Intercede Group and its competitors.
Is Intercede Group's Scaled Net Operating Assets too high?
Intercede Group's current Scaled Net Operating Assets is 0.01. Overall, Intercede Group has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Intercede Group's Scaled Net Operating Assets compare to CRM and SHOP?
Intercede Group's Scaled Net Operating Assets of 0.01 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 Intercede Group and its competitors. Intercede Group's current Scaled Net Operating Assets is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intercede Group stock overvalued right now?
Intercede Group (IRCDF) has a current Scaled Net Operating Assets of 0.01. The stock's GF Value™ is $1.85, compared to a current price of $1.37 — trading 25.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.01. Intercede Group's overall GF Score™ is 82/100 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 Intercede Group (IRCDF), the current Scaled Net Operating Assets is 0.01 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 Intercede Group (IRCDF) Overvalued in 2026?

Based on GuruFocus' analysis, Intercede Group stock appears to be undervalued. The current stock price of $1.37 is trading 25.9% below its estimated GF Value™ of $1.85.

Key valuation signals for IRCDF:

  • Scaled Net Operating Assets: 0.01
  • GF Value™: $1.85 vs. price of $1.37 (25.9% below fair value)
  • GF Score™: 82/100 with 2 warning signs

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


Intercede Group Business Description

Other Exchanges IGP:UK
Address St. Mary's Road, Lutterworth Hall, Lutterworth, Leicestershire, GBR, LE17 4PS
Intercede Group PLC is an independent developer and supplier of identity and credential management software. Its product portfolio includes MyID, an identity, and credential management system, RapID is the password killer for killer apps, and MyTAM enables Android app developers and service providers to deploy trusted applications to the trusted execution environment simply and cost-effectively. The company serves a diverse range of markets including governments, enterprises, app developers, and service providers. It has operational footprints across the United Kingdom, the Rest of Europe, the Americas, and the Rest of the world. The majority of its revenue is derived from the Americas.
82GF 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.

$1.37
Price
$1.85
GF Value