Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
SemiLEDs's operating assets for the quarter that ended in Feb. 2026 was $12.28 Mil. SemiLEDs's operating liabilities for the quarter that ended in Feb. 2026 was $12.25 Mil. SemiLEDs's Total Assets for the quarter that ended in Nov. 2025 was $14.23 Mil. Therefore, SemiLEDs's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.00.
SemiLEDs Scaled Net Operating Assets Related Terms
SemiLEDs Scaled Net Operating Assets Historical Data
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The historical data trend for SemiLEDs'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.
LEDS vs PRSO, GUER, MOBX: Scaled Net Operating Assets Comparison
For the Semiconductors subindustry, SemiLEDs'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.
SemiLEDs Scaled Net Operating Assets vs Semiconductors Industry
For the Semiconductors industry and Technology sector, SemiLEDs's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where SemiLEDs's Scaled Net Operating Assets falls into.
* 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 0.00 mean?
SemiLEDs (LEDS) has a Scaled Net Operating Assets of 0.00 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on SemiLEDs and its competitors.
Is SemiLEDs' Scaled Net Operating Assets too high?
SemiLEDs' current Scaled Net Operating Assets is 0.00. Overall, SemiLEDs has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SemiLEDs' Scaled Net Operating Assets compare to PRSO and GUER?
SemiLEDs' Scaled Net Operating Assets of 0.00 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors 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 SemiLEDs and its competitors. SemiLEDs's current Scaled Net Operating Assets is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SemiLEDs stock overvalued right now?
Based on GuruFocus' analysis, SemiLEDs (LEDS) is currently considered Possible Value Trap. The stock's GF Value™ is $6.01, compared to a current price of $1.71 — trading 71.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.00. SemiLEDs' overall GF Score™ is 51/100 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 SemiLEDs (LEDS), the current Scaled Net Operating Assets is 0.00 as of Feb. 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 SemiLEDs (LEDS) Overvalued in 2026?
Based on GuruFocus' analysis, SemiLEDs stock appears to be undervalued.
The current stock price of $1.71 is trading 71.5% below its estimated GF Value™ of $6.01.
GuruFocus considers SemiLEDs to be Possible Value Trap.
Key valuation signals for LEDS:
Scaled Net Operating Assets: 0.00
GF Value™: $6.01 vs. price of $1.71 (71.5% below fair value)
No single metric tells the full story. See the LEDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SemiLEDs Corp develops, manufactures, and sells light-emitting diode chips and LED components. The company's products include LED Chips, LED Components, and Lighting Products. Its products are used for general lighting applications, including street lights and commercial, industrial, system, and residential lighting; specialty industrial applications, such as ultraviolet, or Ultraviolet, curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, LED lighting for horticulture applications, architectural lighting and entertainment lighting. Substantial revenue is generated from the sale of LED components products. Geographically, it derives a majority of its revenue from Japan.
51GF Score
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