KVHI (KVH Industries) Scaled Net Operating Assets: 0.51 (As of Mar. 2026)


KVHI KVH Industries Inc KVHI
55 GF Score
Price $9.21
GF Value $5.93
Valuation Significantly Overvalued
! 4 Warning Signs
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What is KVH Industries Scaled Net Operating Assets?

KVH Industries KVHI +1.54% 55 Scaled Net Operating Assets is 0.51 as of Mar. 2026. GuruFocus rates KVHI with a GF Score™ of 55/100 and a GF Value™ of $5.93 (Significantly Overvalued). 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.

KVH Industries's operating assets for the quarter that ended in Mar. 2026 was $95.4 Mil. KVH Industries's operating liabilities for the quarter that ended in Mar. 2026 was $18.8 Mil. KVH Industries's Total Assets for the quarter that ended in Dec. 2025 was $151.5 Mil. Therefore, KVH Industries's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.51.

KVH Industries Scaled Net Operating Assets Historical Data

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The historical data trend for KVH Industries'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.

KVH Industries Scaled Net Operating Assets Chart

KVH Industries 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 0.59 0.50 0.40 0.52 0.42

KVH Industries 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 0.58 0.55 0.41 0.44 0.51

KVHI vs KORE, RDCM, CXDO: Scaled Net Operating Assets Comparison

For the Telecom Services subindustry, KVH Industries'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.

KVH Industries Scaled Net Operating Assets vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, KVH Industries's Scaled Net Operating Assets distribution charts can be found below:

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


KVHI
55GF Score
KVH Industries Inc KVHI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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KVH Industries 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.

KVH Industries'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 )
=(81.59-16.128)/155.081
=0.42

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=151.5 - 69.91
=81.59

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=20.516 - 3.841 - 0.547
=16.128

KVH Industries'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 )
=(95.412-18.75)/151.5
=0.51

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=154.565 - 59.153
=95.412

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23.038 - 3.661 - 0.627
=18.75

* 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 0.51 mean?
KVH Industries (KVHI) has a Scaled Net Operating Assets of 0.51 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 KVH Industries and its competitors.
Is KVH Industries' Scaled Net Operating Assets too high?
KVH Industries' current Scaled Net Operating Assets is 0.51. Overall, KVH Industries has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KVH Industries' Scaled Net Operating Assets compare to KORE and RDCM?
KVH Industries' Scaled Net Operating Assets of 0.51 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Scaled Net Operating Assets depends on the Telecommunication Services 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 KVH Industries and its competitors. KVH Industries's current Scaled Net Operating Assets is 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KVH Industries stock overvalued right now?
Based on GuruFocus' analysis, KVH Industries (KVHI) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.93, compared to a current price of $9.21 — trading 55.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.51. KVH Industries' overall GF Score™ is 55/100 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 KVH Industries (KVHI), the current Scaled Net Operating Assets is 0.51 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 KVH Industries (KVHI) Overvalued in 2026?

Based on GuruFocus' analysis, KVH Industries stock appears to be overvalued. The current stock price of $9.21 is trading 55.3% above its estimated GF Value™ of $5.93. GuruFocus considers KVH Industries to be Significantly Overvalued.

Key valuation signals for KVHI:

  • Scaled Net Operating Assets: 0.51
  • GF Value™: $5.93 vs. price of $9.21 (55.3% above fair value)
  • GF Score™: 55/100 with 4 warning signs

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

KVH Industries Business Description

Address 50 Enterprise Center, Middletown, RI, USA, 02842
KVH Industries Inc provides integrated, end-to-end services, software, and hardware that support its customers' need for access to the Internet, VoIP, operations content, and entertainment services. It offers high-speed Internet and Voice over Internet Protocol (VoIP) services via satellite and integrated 5G/LTE cellular communications to mobile users at sea and on land. The company also provides commercially licensed entertainment, including news, sports, music, and movies, to commercial and leisure customers in the maritime, hotel, and retail markets. It operates in several geographic areas, including internationally. Revenues are generated from international locations, mainly consisting of Singapore, Canada, South America, European Union and other European countries, and other regions.
55GF 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.

$9.21
Price
$5.93
GF Value