Alkami Technology (MEX:ALKT) Scaled Net Operating Assets: 0.77 (As of Mar. 2026)


MEX:ALKT Alkami Technology Inc MEX:ALKT
63 GF Score
Price MXN280.43
GF Value MXN634.98
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Alkami Technology Scaled Net Operating Assets?

Alkami Technology MEX:ALKT 63 Scaled Net Operating Assets is 0.77 as of Mar. 2026. GuruFocus rates MEX:ALKT with a GF Score™ of 63/100 and a GF Value™ of MXN634.98 (Significantly Undervalued). The stock has 3 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.

Alkami Technology's operating assets for the quarter that ended in Mar. 2026 was MXN13,555 Mil. Alkami Technology's operating liabilities for the quarter that ended in Mar. 2026 was MXN1,812 Mil. Alkami Technology's Total Assets for the quarter that ended in Dec. 2025 was MXN15,255 Mil. Therefore, Alkami Technology's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.77.


Alkami Technology Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Alkami Technology'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.

Alkami Technology Scaled Net Operating Assets Chart

Alkami Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.25 0.53 0.45 0.80 1.25

Alkami Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only 1.46 0.73 0.74 0.74 0.77

MEX:ALKT vs NCNO, WRD, VERX: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Alkami Technology'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.


Alkami Technology Scaled Net Operating Assets vs Software Industry

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

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


MEX:ALKT
63GF Score
Alkami Technology Inc MEX:ALKT
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Alkami Technology 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.

Alkami Technology's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(13470.694-2100.059)/9119.718
=1.25

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15254.915 - 1784.221
=13470.694

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8735.97 - 6607.534 - 28.377
=2100.059

Alkami Technology'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: Dec. 2025 )
=(13555.054-1811.818)/15254.915
=0.77

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14955.221 - 1400.167
=13555.054

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8271.329 - 6420.236 - 39.275
=1811.818

* 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 0.77 mean?
Alkami Technology (MEX:ALKT) has a Scaled Net Operating Assets of 0.77 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 Alkami Technology and its competitors.
Is Alkami Technology's Scaled Net Operating Assets too high?
Alkami Technology's current Scaled Net Operating Assets is 0.77. Overall, Alkami Technology has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alkami Technology's Scaled Net Operating Assets compare to NCNO and WRD?
Alkami Technology's Scaled Net Operating Assets of 0.77 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 Alkami Technology and its competitors. Alkami Technology's current Scaled Net Operating Assets is 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alkami Technology stock overvalued right now?
Based on GuruFocus' analysis, Alkami Technology (MEX:ALKT) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN634.98, compared to a current price of MXN280.43 — trading 55.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.77. Alkami Technology's overall GF Score™ is 63/100 with 3 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 Alkami Technology (MEX:ALKT), the current Scaled Net Operating Assets is 0.77 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 Alkami Technology (MEX:ALKT) Overvalued in 2026?

Based on GuruFocus' analysis, Alkami Technology stock appears to be undervalued. The current stock price of MXN280.43 is trading 55.8% below its estimated GF Value™ of MXN634.98. GuruFocus considers Alkami Technology to be Significantly Undervalued.

Key valuation signals for MEX:ALKT:

  • Scaled Net Operating Assets: 0.77
  • GF Value™: MXN634.98 vs. price of MXN280.43 (55.8% below fair value)
  • GF Score™: 63/100 with 3 warning signs

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


Alkami Technology Business Description

Other Exchanges ALKT:USA9J3:Germany
Address 5601 Granite Parkway, Suite 120, Plano, TX, USA, 75204
Alkami Technology Inc is a cloud-based digital banking solutions provider. The company offers the Alkami Digital Sales & Service Platform, which includes a digital banking platform, onboarding and account opening solutions, and data and marketing tools. The platform enables financial institutions to onboard and engage users, support revenue growth, and improve operational efficiency through a cloud-based, multi-tenant architecture. The company provides services to clients under software-as-a-service arrangements. It derives substantially all of its revenues from SaaS subscription services charged for the use of digital sales and service solutions.
63GF Score

Get the complete analysis for MEX:ALKT

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN280.43
Price
MXN634.98
GF Value