T-Mobile US (MEX:TMUS) Scaled Net Operating Assets: 0.79 (As of Mar. 2026)


MEX:TMUS T-Mobile US Inc MEX:TMUS
81 GF Score
Price MXN3,187.88
GF Value MXN3,922.03
Valuation Modestly Undervalued
! 2 Warning Signs
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What is T-Mobile US Scaled Net Operating Assets?

T-Mobile US MEX:TMUS 81 Scaled Net Operating Assets is 0.79 as of Mar. 2026. GuruFocus rates MEX:TMUS with a GF Score™ of 81/100 and a GF Value™ of MXN3,922.03 (Modestly Undervalued). The stock has 2 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.

T-Mobile US's operating assets for the quarter that ended in Mar. 2026 was MXN3,807,551 Mil. T-Mobile US's operating liabilities for the quarter that ended in Mar. 2026 was MXN677,507 Mil. T-Mobile US's Total Assets for the quarter that ended in Dec. 2025 was MXN3,947,516 Mil. Therefore, T-Mobile US's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.79.


T-Mobile US Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for T-Mobile US'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.

T-Mobile US Scaled Net Operating Assets Chart

T-Mobile US Annual Data
Trend Dec16 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 0.88 0.81 0.71 1.01 0.73

T-Mobile US 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 0.80 0.72 0.81 0.80 0.79

MEX:TMUS vs VZ, T, CMCSA: Scaled Net Operating Assets Comparison

For the Telecom Services subindustry, T-Mobile US'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.


T-Mobile US Scaled Net Operating Assets vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, T-Mobile US's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where T-Mobile US's Scaled Net Operating Assets falls into.


MEX:TMUS
81GF Score
T-Mobile US Inc MEX:TMUS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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T-Mobile US 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.

T-Mobile US'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 )
=(3846719.744-679985.26)/4338715.546
=0.73

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3947515.653 - 100795.909
=3846719.744

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2881524.195 - 2019465.296 - 182073.639
=679985.26

T-Mobile US'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 )
=(3807550.51-677506.572)/3947515.653
=0.79

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3871025.614 - 63475.104
=3807550.51

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2863376.37 - 2059063.851 - 126805.947
=677506.572

* 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 0.79 mean?
T-Mobile US (MEX:TMUS) has a Scaled Net Operating Assets of 0.79 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 T-Mobile US and its competitors.
Is T-Mobile US's Scaled Net Operating Assets too high?
T-Mobile US's current Scaled Net Operating Assets is 0.79. Overall, T-Mobile US has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does T-Mobile US's Scaled Net Operating Assets compare to VZ and T?
T-Mobile US's Scaled Net Operating Assets of 0.79 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Scaled Net Operating Assets depends on the Telecommunication Services 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 T-Mobile US and its competitors. T-Mobile US's current Scaled Net Operating Assets is 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T-Mobile US stock overvalued right now?
Based on GuruFocus' analysis, T-Mobile US (MEX:TMUS) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN3,922.03, compared to a current price of MXN3,187.88 — trading 18.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.79. T-Mobile US's overall GF Score™ is 81/100 with 2 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 T-Mobile US (MEX:TMUS), the current Scaled Net Operating Assets is 0.79 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 T-Mobile US (MEX:TMUS) Overvalued in 2026?

Based on GuruFocus' analysis, T-Mobile US stock appears to be undervalued. The current stock price of MXN3,187.88 is trading 18.7% below its estimated GF Value™ of MXN3,922.03. GuruFocus considers T-Mobile US to be Modestly Undervalued.

Key valuation signals for MEX:TMUS:

  • Scaled Net Operating Assets: 0.79
  • GF Value™: MXN3,922.03 vs. price of MXN3,187.88 (18.7% below fair value)
  • GF Score™: 81/100 with 2 warning signs

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


T-Mobile US Business Description

Address 12920 SE 38th Street, Bellevue, WA, USA, 98006-1350
Deutsche Telekom merged its T-Mobile USA unit with prepaid specialist MetroPCS in 2013, and that firm merged with Sprint in 2020, creating the second-largest wireless carrier in the US. T-Mobile now serves about 86 million postpaid and 26 million prepaid phone customers, equal to around 30% of the US retail wireless market. The firm entered the fixed-wireless broadband market aggressively in 2021 and now serves 8 million residential and business customers with its wireless network. It also serves 1 million fiber broadband customers through joint ventures with fiber network owners. T-Mobile owns a stake in these firms, which provide wholesale access to their networks. In addition, T-Mobile provides wholesale services to wireless resellers.
81GF Score

Get the complete analysis for MEX:TMUS

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

MXN3,187.88
Price
MXN3,922.03
GF Value