Torotrak (LSE:TRK) Scaled Net Operating Assets: 0.05 (As of Mar. 2017)


What is Torotrak Scaled Net Operating Assets?

Torotrak LSE:TRK Scaled Net Operating Assets is 0.05 as of Mar. 2017. 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.

Torotrak's operating assets for the quarter that ended in Mar. 2017 was £3.62 Mil. Torotrak's operating liabilities for the quarter that ended in Mar. 2017 was £2.43 Mil. Torotrak's Total Assets for the quarter that ended in Sep. 2016 was £25.43 Mil. Therefore, Torotrak's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2017 was 0.05.


Torotrak Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Torotrak'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.

Torotrak Scaled Net Operating Assets Chart

Torotrak Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.92 0.43 0.53 0.04

Torotrak Semi-Annual Data
Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17
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 0.45 0.56 0.43 0.49 0.05

LSE:TRK vs DLPH: Scaled Net Operating Assets Comparison

For the Auto Parts subindustry, Torotrak'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.


Torotrak Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Torotrak's Scaled Net Operating Assets distribution charts can be found below:

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



Torotrak 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.

Torotrak's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2017 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2017 )
=(Operating Assets (A: Mar. 2017 )-Operating Liabilities (A: Mar. 2017 ))/Total Assets (A: Mar. 2016 )
=(3.616-2.429)/29.227
=0.04

where

Operating Assets(A: Mar. 2017 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8.737 - 5.121
=3.616

Operating Liabilities(A: Mar. 2017 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.43 - 1.885 - 0.116
=2.429

Torotrak's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2017 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2017 )
=(Operating Assets (Q: Mar. 2017 )-Operating Liabilities (Q: Mar. 2017 ))/Total Assets (Q: Sep. 2016 )
=(3.616-2.429)/25.428
=0.05

where

Operating Assets(Q: Mar. 2017 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8.737 - 5.121
=3.616

Operating Liabilities(Q: Mar. 2017 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.43 - 1.885 - 0.116
=2.429

* 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 0.05 mean?
Torotrak (LSE:TRK) has a Scaled Net Operating Assets of 0.05 as of Mar. 2017. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Torotrak and its competitors.
Is Torotrak's Scaled Net Operating Assets too high?
Torotrak's current Scaled Net Operating Assets is 0.05.
How does Torotrak's Scaled Net Operating Assets compare to DLPH?
Torotrak's Scaled Net Operating Assets of 0.05 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 Torotrak and its competitors. Torotrak's current Scaled Net Operating Assets is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Torotrak stock overvalued right now?
Torotrak (LSE:TRK) has a current Scaled Net Operating Assets of 0.05. The current Scaled Net Operating Assets is 0.05. 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 Torotrak (LSE:TRK), the current Scaled Net Operating Assets is 0.05 as of Mar. 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.

Torotrak Business Description

Comparable Companies LSE:SCELSE:AUTGLSE:GKNDLPH
Address 1 Aston Way, Leyland, Lancs, GBR, PR26 7UX
Torotrak PLC is a technology development company. It designs, develops and offers technologies that are focused on products, such as infinitely variable transmissions (IVTs), variable drive superchargers (V-Charge) and mechanical kinetic energy recovery systems (Flybrid). The company operates its business through the following segments, Licence Agreements, Engineering Services, and Development Activities, Including Research and The Creation of New Intellectual Property. Its Flybrid technology relates to high-speed flywheels which are used vehicles, V-Charge technology is used to control emissions in gasoline and diesel engines, and IVTs improves the performance and fuel economy of the vehicle.