NICE (NCSYF) Scaled Net Operating Assets: 0.68 (As of Mar. 2026)


NCSYF NICE Ltd NCSYF
88 GF Score
Price $83.97
GF Value $249.45
Valuation Significantly Undervalued
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What is NICE Scaled Net Operating Assets?

NICE NCSYF -2.92% 88 Scaled Net Operating Assets is 0.68 as of Mar. 2026. GuruFocus rates NCSYF with a GF Score™ of 88/100 and a GF Value™ of $249.45 (Significantly Undervalued).

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

NICE's operating assets for the quarter that ended in Mar. 2026 was $4,679 Mil. NICE's operating liabilities for the quarter that ended in Mar. 2026 was $1,220 Mil. NICE's Total Assets for the quarter that ended in Dec. 2025 was $5,106 Mil. Therefore, NICE's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.68.


NICE Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for NICE'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.

NICE Scaled Net Operating Assets Chart

NICE 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 0.55 0.48 0.56 0.50 0.67

NICE 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 0.46 0.50 0.66 0.69 0.68

NCSYF vs UBER, SHOP, CRM: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, NICE'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.


NICE Scaled Net Operating Assets vs Software Industry

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

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


NCSYF
88GF Score
NICE Ltd NCSYF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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NICE 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.

NICE'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 )
=(4688.632-1140.701)/5295.906
=0.67

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5106.03 - 417.398
=4688.632

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1229.502 - 75.059 - 13.742
=1140.701

NICE'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 )
=(4678.578-1220.189)/5106.03
=0.68

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4982.645 - 304.067
=4678.578

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1306.265 - 72.485 - 13.591
=1220.189

* 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 0.68 mean?
NICE (NCSYF) has a Scaled Net Operating Assets of 0.68 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 NICE and its competitors.
Is NICE's Scaled Net Operating Assets too high?
NICE's current Scaled Net Operating Assets is 0.68. Overall, NICE has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NICE's Scaled Net Operating Assets compare to UBER and SHOP?
NICE's Scaled Net Operating Assets of 0.68 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 NICE and its competitors. NICE's current Scaled Net Operating Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NICE stock overvalued right now?
Based on GuruFocus' analysis, NICE (NCSYF) is currently considered Significantly Undervalued. The stock's GF Value™ is $249.45, compared to a current price of $83.97 — trading 66.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.68. NICE's overall GF Score™ is 88/100. 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 NICE (NCSYF), the current Scaled Net Operating Assets is 0.68 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 NICE (NCSYF) Overvalued in 2026?

Based on GuruFocus' analysis, NICE stock appears to be undervalued. The current stock price of $83.97 is trading 66.3% below its estimated GF Value™ of $249.45. GuruFocus considers NICE to be Significantly Undervalued.

Key valuation signals for NCSYF:

  • Scaled Net Operating Assets: 0.68
  • GF Value™: $249.45 vs. price of $83.97 (66.3% below fair value)
  • GF Score™: 88/100

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


NICE Business Description

Address 13 Zarchin Street, P.O. Box 690, NICE 1, 2, 3, Ra\'anana, ISR, 4310602
Nice is an enterprise software company that serves the customer engagement and financial crime and compliance markets. Software is deployed primarily on the cloud, but also on premises. Within customer engagement, Nice's CXone is the leading CCaaS platform providing solutions such as call routing, interactive voice response, digital self-service, and workforce engagement management. Within financial crime and compliance, Nice offers risk and investigation management, fraud prevention, anti-money-laundering, and compliance solutions.
88GF Score

Get the complete analysis for NCSYF

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

$83.97
Price
$249.45
GF Value