NETLF (NetLink NBN Trust) Scaled Net Operating Assets: 0.78 (As of Mar. 2026)


NETLF NetLink NBN Trust NETLF
32 GF Score
Price $0.77
GF Value $0.68
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is NetLink NBN Trust Scaled Net Operating Assets?

NetLink NBN Trust NETLF +1.52% 32 Scaled Net Operating Assets is 0.78 as of Mar. 2026. GuruFocus rates NETLF with a GF Score™ of 32/100 and a GF Value™ of $0.68 (Modestly Overvalued). The stock has 9 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.

NetLink NBN Trust's operating assets for the quarter that ended in Mar. 2026 was $2,805.1 Mil. NetLink NBN Trust's operating liabilities for the quarter that ended in Mar. 2026 was $435.2 Mil. NetLink NBN Trust's Total Assets for the quarter that ended in Sep. 2025 was $3,037.1 Mil. Therefore, NetLink NBN Trust's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.78.


NetLink NBN Trust Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for NetLink NBN Trust'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.

NetLink NBN Trust Scaled Net Operating Assets Chart

NetLink NBN Trust Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.80 0.78 0.80 0.82

NetLink NBN Trust Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.82 0.77 0.83 0.78

NETLF vs TMUS, VZ, T: Scaled Net Operating Assets Comparison

For the Telecom Services subindustry, NetLink NBN Trust'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.


NetLink NBN Trust Scaled Net Operating Assets vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, NetLink NBN Trust's Scaled Net Operating Assets distribution charts can be found below:

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


NETLF
32GF Score
NetLink NBN Trust NETLF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NetLink NBN Trust 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.

NetLink NBN Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(2805.128-435.17)/2891.525
=0.82

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2998.706 - 193.578
=2805.128

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1232.997 - 795.783 - 2.044
=435.17

NetLink NBN Trust'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: Sep. 2025 )
=(2805.128-435.17)/3037.111
=0.78

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2998.706 - 193.578
=2805.128

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1232.997 - 795.783 - 2.044
=435.17

* 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 0.78 mean?
NetLink NBN Trust (NETLF) has a Scaled Net Operating Assets of 0.78 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 NetLink NBN Trust and its competitors.
Is NetLink NBN Trust's Scaled Net Operating Assets too high?
NetLink NBN Trust's current Scaled Net Operating Assets is 0.78. Overall, NetLink NBN Trust has a GF Score™ of 32/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NetLink NBN Trust's Scaled Net Operating Assets compare to TMUS and VZ?
NetLink NBN Trust's Scaled Net Operating Assets of 0.78 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 NetLink NBN Trust and its competitors. NetLink NBN Trust's current Scaled Net Operating Assets is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetLink NBN Trust stock overvalued right now?
Based on GuruFocus' analysis, NetLink NBN Trust (NETLF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.68, compared to a current price of $0.77 — trading 13.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.78. NetLink NBN Trust's overall GF Score™ is 32/100 with 9 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 NetLink NBN Trust (NETLF), the current Scaled Net Operating Assets is 0.78 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 NetLink NBN Trust (NETLF) Overvalued in 2026?

Based on GuruFocus' analysis, NetLink NBN Trust stock appears to be overvalued. The current stock price of $0.77 is trading 13.1% above its estimated GF Value™ of $0.68. GuruFocus considers NetLink NBN Trust to be Modestly Overvalued.

Key valuation signals for NETLF:

  • Scaled Net Operating Assets: 0.78
  • GF Value™: $0.68 vs. price of $0.77 (13.1% above fair value)
  • GF Score™: 32/100 with 9 warning signs

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


NetLink NBN Trust Business Description

Other Exchanges CJLU:Singapore6NL:Germany
Address 750E Chai Chee Road, No. 07-03, ESR BizPark, Singapore, SGP, 469005
NetLink NBN Trust is a national provider of internet service. It designs, builds, owns, and operates network infrastructure comprising ducts, manholes, and fiber cables. Its non-building address point (NBAP) applications include infrastructure for telecommunications operators such as wireless network base stations, cameras, sensors, signage, and outdoor kiosks. The company generates the majority of its revenue from Installation-related revenue and Ancillary project revenue. The company operates in Singapore, the USA, the UK, and the rest of the World.
32GF Score

Get the complete analysis for NETLF

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

$0.77
Price
$0.68
GF Value