Turbo Power Systems (LSE:TPS) Scaled Net Operating Assets: 0.34 (As of Jun. 2017)


What is Turbo Power Systems Scaled Net Operating Assets?

Turbo Power Systems LSE:TPS +16.67% Scaled Net Operating Assets is 0.34 as of Jun. 2017. The stock has 6 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.

Turbo Power Systems's operating assets for the quarter that ended in Jun. 2017 was £5.81 Mil. Turbo Power Systems's operating liabilities for the quarter that ended in Jun. 2017 was £3.37 Mil. Turbo Power Systems's Total Assets for the quarter that ended in Mar. 2017 was £7.17 Mil. Therefore, Turbo Power Systems's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2017 was 0.34.

Turbo Power Systems Scaled Net Operating Assets Historical Data

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The historical data trend for Turbo Power Systems'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.

Turbo Power Systems Scaled Net Operating Assets Chart

Turbo Power Systems Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.31 0.20 0.34 0.39

Turbo Power Systems Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 0.54 0.45 0.39 0.39 0.34

Turbo Power Systems Scaled Net Operating Assets Competitor Comparison

For the Specialty Industrial Machinery subindustry, Turbo Power Systems'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.

Turbo Power Systems Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Turbo Power Systems's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Turbo Power Systems's Scaled Net Operating Assets falls into.


Turbo Power Systems 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.

Turbo Power Systems's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2016 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2016 )
=(Operating Assets (A: Dec. 2016 )-Operating Liabilities (A: Dec. 2016 ))/Total Assets (A: Dec. 2015 )
=(6.442-3.547)/7.519
=0.39

where

Operating Assets(A: Dec. 2016 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7.007 - 0.565
=6.442

Operating Liabilities(A: Dec. 2016 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.875 - 0 - 0.328
=3.547

Turbo Power Systems's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2017 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2017 )
=(Operating Assets (Q: Jun. 2017 )-Operating Liabilities (Q: Jun. 2017 ))/Total Assets (Q: Mar. 2017 )
=(5.814-3.372)/7.169
=0.34

where

Operating Assets(Q: Jun. 2017 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.167 - 0.353
=5.814

Operating Liabilities(Q: Jun. 2017 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.686 - 0 - 0.314
=3.372

* 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 0.34 mean?
Turbo Power Systems (LSE:TPS) has a Scaled Net Operating Assets of 0.34 as of Jun. 2017. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Turbo Power Systems and its competitors.
Is Turbo Power Systems' Scaled Net Operating Assets too high?
Turbo Power Systems' current Scaled Net Operating Assets is 0.34.
How does Turbo Power Systems' Scaled Net Operating Assets compare to competitors?
Turbo Power Systems' Scaled Net Operating Assets of 0.34 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 Turbo Power Systems and its competitors. Turbo Power Systems's current Scaled Net Operating Assets is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turbo Power Systems stock overvalued right now?
Turbo Power Systems (LSE:TPS) has a current Scaled Net Operating Assets of 0.34. The current Scaled Net Operating Assets is 0.34. 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 Turbo Power Systems (LSE:TPS), the current Scaled Net Operating Assets is 0.34 as of Jun. 2017. 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.

Turbo Power Systems Business Description

Turbo Power Systems Inc was incorporated on March 23, 1987. The Company designs and manufactures high-speed electric motors, generators and power electronics systems and provides bespoke solutions to transport, industrial, energy conversion, and military markets The Company conducts operations through its wholly owned subsidiary company, Turbo Power Systems Limited.