Renesas Electronics (MEX:RNEC N) Scaled Net Operating Assets: 0.81 (As of Mar. 2026)


MEX:RNEC N Renesas Electronics Corp MEX:RNEC N
74 GF Score
Price MXN305.03
GF Value MXN148.58
! 6 Warning Signs
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What is Renesas Electronics Scaled Net Operating Assets?

Renesas Electronics MEX:RNEC N 74 Scaled Net Operating Assets is 0.81 as of Mar. 2026. GuruFocus rates MEX:RNEC N with a GF Score™ of 74/100 and a GF Value™ of MXN148.58. 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.

Renesas Electronics's operating assets for the quarter that ended in Mar. 2026 was MXN445,406 Mil. Renesas Electronics's operating liabilities for the quarter that ended in Mar. 2026 was MXN56,625 Mil. Renesas Electronics's Total Assets for the quarter that ended in Dec. 2025 was MXN482,396 Mil. Therefore, Renesas Electronics's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.81.


Renesas Electronics Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Renesas Electronics'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.

Renesas Electronics Scaled Net Operating Assets Chart

Renesas Electronics Annual Data
Trend Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.65 0.64 1.30 0.63

Renesas Electronics 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 0.79 0.71 0.81 0.77 0.81

MEX:RNEC N vs NVDA, AVGO, MU: Scaled Net Operating Assets Comparison

For the Semiconductors subindustry, Renesas Electronics'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.


Renesas Electronics Scaled Net Operating Assets vs Semiconductors Industry

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

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


MEX:RNEC N
74GF Score
Renesas Electronics Corp MEX:RNEC N
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Renesas Electronics 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.

Renesas Electronics'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 )
=(443766.624-60299.434)/608858.774
=0.63

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=482395.817 - 38629.193
=443766.624

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=199638.711 - 111336.929 - 28002.348
=60299.434

Renesas Electronics'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 )
=(445406.475-56625.214)/482395.817
=0.81

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=480397.023 - 34990.548
=445406.475

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=191022.568 - 106495.214 - 27902.14
=56625.214

* 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 0.81 mean?
Renesas Electronics (MEX:RNEC N) has a Scaled Net Operating Assets of 0.81 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 Renesas Electronics and its competitors.
Is Renesas Electronics' Scaled Net Operating Assets too high?
Renesas Electronics' current Scaled Net Operating Assets is 0.81. Overall, Renesas Electronics has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Renesas Electronics' Scaled Net Operating Assets compare to NVDA and AVGO?
Renesas Electronics' Scaled Net Operating Assets of 0.81 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors 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 Renesas Electronics and its competitors. Renesas Electronics's current Scaled Net Operating Assets is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renesas Electronics stock overvalued right now?
Renesas Electronics (MEX:RNEC N) has a current Scaled Net Operating Assets of 0.81. The stock's GF Value™ is MXN148.58, compared to a current price of MXN305.03 — trading 105.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.81. Renesas Electronics' overall GF Score™ is 74/100 with 6 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 Renesas Electronics (MEX:RNEC N), the current Scaled Net Operating Assets is 0.81 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 Renesas Electronics (MEX:RNEC N) Overvalued in 2026?

Based on GuruFocus' analysis, Renesas Electronics stock appears to be overvalued. The current stock price of MXN305.03 is trading 105.3% above its estimated GF Value™ of MXN148.58.

Key valuation signals for MEX:RNEC N:

  • Scaled Net Operating Assets: 0.81
  • GF Value™: MXN148.58 vs. price of MXN305.03 (105.3% above fair value)
  • GF Score™: 74/100 with 6 warning signs

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


Renesas Electronics Business Description

Address 3-2-24 Toyosu, Koto-ku, Tokyo, JPN, 135-0061
Renesas Electronics is a Japanese broad-based integrated device manufacturer involved in the design and manufacturing of microcontrollers and analog chips, used across automotive, industrial, enterprise, and consumer industries. Headquartered in Tokyo, the company was created through the combination of electronics business units from NEC Electronics, Mitsubishi, and Hitachi. The company's businesses are primarily focused in Asia, where they historically account for 70%-80% of its sales. Renesas is the third- and ninth-largest manufacturer of MCUs and power/analog devices, with a 17% and 3.5% market share, respectively, as of 2024.
74GF Score

Get the complete analysis for MEX:RNEC N

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

MXN305.03
Price
MXN148.58
GF Value