NDCVF (Nordic Semiconductor ASA) Scaled Net Operating Assets: 0.58 (As of Mar. 2026)


NDCVF Nordic Semiconductor ASA NDCVF
86 GF Score
Price $17.70
GF Value $14.55
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Nordic Semiconductor ASA Scaled Net Operating Assets?

Nordic Semiconductor ASA NDCVF -3.01% 86 Scaled Net Operating Assets is 0.58 as of Mar. 2026. GuruFocus rates NDCVF with a GF Score™ of 86/100 and a GF Value™ of $14.55 (Modestly Overvalued). The stock has 5 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.

Nordic Semiconductor ASA's operating assets for the quarter that ended in Mar. 2026 was $728.9 Mil. Nordic Semiconductor ASA's operating liabilities for the quarter that ended in Mar. 2026 was $161.8 Mil. Nordic Semiconductor ASA's Total Assets for the quarter that ended in Dec. 2025 was $983.4 Mil. Therefore, Nordic Semiconductor ASA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.58.


Nordic Semiconductor ASA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Nordic Semiconductor ASA'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.

Nordic Semiconductor ASA Scaled Net Operating Assets Chart

Nordic Semiconductor ASA 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 0.39 0.38 0.60 0.50 0.67

Nordic Semiconductor ASA 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 0.50 0.50 0.63 0.55 0.58

NDCVF vs NVDA, AVGO, MU: Scaled Net Operating Assets Comparison

For the Semiconductors subindustry, Nordic Semiconductor ASA'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.


Nordic Semiconductor ASA Scaled Net Operating Assets vs Semiconductors Industry

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

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


NDCVF
86GF Score
Nordic Semiconductor ASA NDCVF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nordic Semiconductor ASA 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.

Nordic Semiconductor ASA'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 )
=(678.609-142.173)/806.706
=0.66

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=983.361 - 304.752
=678.609

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=303.771 - 149.19 - 12.408
=142.173

Nordic Semiconductor ASA'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 )
=(728.878-161.763)/983.361
=0.58

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1008.543 - 279.665
=728.878

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=328.312 - 153.696 - 12.853
=161.763

* 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 0.58 mean?
Nordic Semiconductor ASA (NDCVF) has a Scaled Net Operating Assets of 0.58 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 Nordic Semiconductor ASA and its competitors.
Is Nordic Semiconductor ASA's Scaled Net Operating Assets too high?
Nordic Semiconductor ASA's current Scaled Net Operating Assets is 0.58. Overall, Nordic Semiconductor ASA has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordic Semiconductor ASA's Scaled Net Operating Assets compare to NVDA and AVGO?
Nordic Semiconductor ASA's Scaled Net Operating Assets of 0.58 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 Nordic Semiconductor ASA and its competitors. Nordic Semiconductor ASA's current Scaled Net Operating Assets is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Semiconductor ASA stock overvalued right now?
Based on GuruFocus' analysis, Nordic Semiconductor ASA (NDCVF) is currently considered Modestly Overvalued. The stock's GF Value™ is $14.55, compared to a current price of $17.70 — trading 21.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.58. Nordic Semiconductor ASA's overall GF Score™ is 86/100 with 5 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 Nordic Semiconductor ASA (NDCVF), the current Scaled Net Operating Assets is 0.58 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 Nordic Semiconductor ASA (NDCVF) Overvalued in 2026?

Based on GuruFocus' analysis, Nordic Semiconductor ASA stock appears to be overvalued. The current stock price of $17.70 is trading 21.6% above its estimated GF Value™ of $14.55. GuruFocus considers Nordic Semiconductor ASA to be Modestly Overvalued.

Key valuation signals for NDCVF:

  • Scaled Net Operating Assets: 0.58
  • GF Value™: $14.55 vs. price of $17.70 (21.6% above fair value)
  • GF Score™: 86/100 with 5 warning signs

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


Nordic Semiconductor ASA Business Description

Address Otto Nielsens veg 12, Trondheim, NOR, 7052
Nordic Semiconductor designs Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic's chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, Thread protocol and long-range connectivity.
86GF 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.

$17.70
Price
$14.55
GF Value