RS2 (MAL:RS2) Scaled Net Operating Assets: 0.63 (As of Jun. 2025)

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MAL:RS2 RS2 PLC MAL:RS2
49 GF Score
Price €0.48
! 4 Warning Signs
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What is RS2 Scaled Net Operating Assets?

RS2 MAL:RS2 49 Scaled Net Operating Assets is 0.63 as of Jun. 2025. GuruFocus rates MAL:RS2 with a GF Score™ of 49/100. 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.

RS2's operating assets for the quarter that ended in Jun. 2025 was €47.70 Mil. RS2's operating liabilities for the quarter that ended in Jun. 2025 was €18.24 Mil. RS2's Total Assets for the quarter that ended in Jun. 2024 was €46.75 Mil. Therefore, RS2's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2025 was 0.63.


RS2 Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for RS2'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.

RS2 Scaled Net Operating Assets Chart

RS2 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.45 0.55 0.51 0.67

RS2 Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Jun25
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 0.57 0.70 0.56 0.63

MAL:RS2 vs MSFT, ORCL, PLTR: Scaled Net Operating Assets Comparison

For the Software - Infrastructure subindustry, RS2'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.


RS2 Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, RS2's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where RS2's Scaled Net Operating Assets falls into.


MAL:RS2
49GF Score
RS2 PLC MAL:RS2
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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RS2 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.

RS2's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(45.765-16.935)/43.352
=0.67

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=49.439 - 3.674
=45.765

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=26.325 - 2.048 - 7.342
=16.935

RS2's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2025 )
=(Operating Assets (Q: Jun. 2025 )-Operating Liabilities (Q: Jun. 2025 ))/Total Assets (Q: Jun. 2024 )
=(47.702-18.236)/46.753
=0.63

where

Operating Assets(Q: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=49.784 - 2.082
=47.702

Operating Liabilities(Q: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=28.213 - 1.735 - 8.242
=18.236

* 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 0.63 mean?
RS2 (MAL:RS2) has a Scaled Net Operating Assets of 0.63 as of Jun. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on RS2 and its competitors.
Is RS2's Scaled Net Operating Assets too high?
RS2's current Scaled Net Operating Assets is 0.63. Overall, RS2 has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does RS2's Scaled Net Operating Assets compare to MSFT and ORCL?
RS2's Scaled Net Operating Assets of 0.63 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 RS2 and its competitors. RS2's current Scaled Net Operating Assets is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RS2 stock overvalued right now?
RS2 (MAL:RS2) has a current Scaled Net Operating Assets of 0.63. The current Scaled Net Operating Assets is 0.63. RS2's overall GF Score™ is 49/100 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 RS2 (MAL:RS2), the current Scaled Net Operating Assets is 0.63 as of Jun. 2025. 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.

RS2 Business Description

Address Fort Road, RS2 Buildings, Mosta, MLT, 1859
RS2 PLC is engaged in providing Payments Software and Managed Services. It is involved in the development, installation, implementation, and marketing of computer software for financial institutions under the trademark of BankWORKS and the processing of payment transactions with the use of BankWORKS. Its segments include Licensing of the company's BankWORKS software to banks and Service providers, including maintenance and enhanced services thereto; Processing of payment transactions utilizing the group's BankWORKS software; and Merchant Solutions, which include issuing and acquiring payment solutions directly to merchants, including terminal and PSP gateway services. Its geographic segments include Malta, the United Kingdom and Ireland, the United States, and Other countries.
49GF 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.

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