Tekmar Group (LSE:TGP) Scaled Net Operating Assets: 0.64 (As of Mar. 2026)


LSE:TGP Tekmar Group PLC LSE:TGP
50 GF Score
Price £0.15
GF Value £0.07
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Tekmar Group Scaled Net Operating Assets?

Tekmar Group LSE:TGP +2.41% 50 Scaled Net Operating Assets is 0.64 as of Mar. 2026. GuruFocus rates LSE:TGP with a GF Score™ of 50/100 and a GF Value™ of £0.07 (Significantly Overvalued). The stock has 5 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.

Tekmar Group's operating assets for the quarter that ended in Mar. 2026 was £37.83 Mil. Tekmar Group's operating liabilities for the quarter that ended in Mar. 2026 was £10.72 Mil. Tekmar Group's Total Assets for the quarter that ended in Sep. 2025 was £42.09 Mil. Therefore, Tekmar Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.64.


Tekmar Group Scaled Net Operating Assets Historical Data

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The historical data trend for Tekmar 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.

Tekmar Group Scaled Net Operating Assets Chart

Tekmar Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Sep22 Sep23 Sep24 Sep25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.60 0.66 0.58 0.55

Tekmar Group Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 0.72 0.60 0.55 0.64 0.64

LSE:TGP vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, Tekmar 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.


Tekmar Group Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Tekmar Group's Scaled Net Operating Assets distribution charts can be found below:

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


LSE:TGP
50GF Score
Tekmar Group PLC LSE:TGP
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Tekmar 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.

Tekmar Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2025 )
=(Operating Assets (A: Sep. 2025 )-Operating Liabilities (A: Sep. 2025 ))/Total Assets (A: Sep. 2024 )
=(38.675-10.796)/50.908
=0.55

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=42.085 - 3.41
=38.675

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17.644 - 0.594 - 6.254
=10.796

Tekmar 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 )
=(37.832-10.715)/42.085
=0.64

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=39.775 - 1.943
=37.832

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=16.296 - 1.658 - 3.923
=10.715

* 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 0.64 mean?
Tekmar Group (LSE:TGP) has a Scaled Net Operating Assets of 0.64 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 Tekmar Group and its competitors.
Is Tekmar Group's Scaled Net Operating Assets too high?
Tekmar Group's current Scaled Net Operating Assets is 0.64. Overall, Tekmar Group has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tekmar Group's Scaled Net Operating Assets compare to PWR and FIX?
Tekmar Group's Scaled Net Operating Assets of 0.64 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Tekmar Group and its competitors. Tekmar Group's current Scaled Net Operating Assets is 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tekmar Group stock overvalued right now?
Based on GuruFocus' analysis, Tekmar Group (LSE:TGP) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.07, compared to a current price of £0.15 — trading 112.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.64. Tekmar Group's overall GF Score™ is 50/100 with 5 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 Tekmar Group (LSE:TGP), the current Scaled Net Operating Assets is 0.64 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 Tekmar Group (LSE:TGP) Overvalued in 2026?

Based on GuruFocus' analysis, Tekmar Group stock appears to be overvalued. The current stock price of £0.15 is trading 112.1% above its estimated GF Value™ of £0.07. GuruFocus considers Tekmar Group to be Significantly Overvalued.

Key valuation signals for LSE:TGP:

  • Scaled Net Operating Assets: 0.64
  • GF Value™: £0.07 vs. price of £0.15 (112.1% above fair value)
  • GF Score™: 50/100 with 5 warning signs

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


Tekmar Group Business Description

Other Exchanges 6UA:Germany
Address Grindon Way, Aycliffe Business Park, Newton Aycliffe, County Durham, GBR, DL5 6SH
Tekmar Group PLC is engaged in the designing, manufacturing, and supply of subsea cables, umbilical, and flexible protection systems. Its sector includes Offshore Wind, Oil & Gas, Interconnectors, Wave & Tidal, Marine Civils, and Engineering consultancy services. Geographically it has a presence in the UK, Europe, the USA and Canada, the Middle East, and the Rest of the World, and the majority of the revenue comes from Europe.
50GF 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.

£0.15
Price
£0.07
GF Value