Gold Town Games AB (NGM:GTG) Scaled Net Operating Assets: 0.79 (As of Mar. 2026)


NGM:GTG Gold Town Games AB NGM:GTG
32 GF Score
Price kr0.47
GF Value kr0.35
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Gold Town Games AB Scaled Net Operating Assets?

Gold Town Games AB NGM:GTG 32 Scaled Net Operating Assets is 0.79 as of Mar. 2026. GuruFocus rates NGM:GTG with a GF Score™ of 32/100 and a GF Value™ of kr0.35 (Significantly Overvalued). 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.

Gold Town Games AB's operating assets for the quarter that ended in Mar. 2026 was kr23.07 Mil. Gold Town Games AB's operating liabilities for the quarter that ended in Mar. 2026 was kr3.71 Mil. Gold Town Games AB's Total Assets for the quarter that ended in Dec. 2025 was kr24.60 Mil. Therefore, Gold Town Games AB's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.79.


Gold Town Games AB Scaled Net Operating Assets Historical Data

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The historical data trend for Gold Town Games AB'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.

Gold Town Games AB Scaled Net Operating Assets Chart

Gold Town Games AB 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 1.21 0.78 0.34 0.61 0.87

Gold Town Games AB 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 0.83 0.87 0.81 0.81 0.79

NGM:GTG vs NTES, EA, TTWO: Scaled Net Operating Assets Comparison

For the Electronic Gaming & Multimedia subindustry, Gold Town Games AB'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.


Gold Town Games AB Scaled Net Operating Assets vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Gold Town Games AB's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Gold Town Games AB's Scaled Net Operating Assets falls into.


NGM:GTG
32GF Score
Gold Town Games AB NGM:GTG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Gold Town Games AB 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.

Gold Town Games AB'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 )
=(23.229-3.375)/22.903
=0.87

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=24.596 - 1.367
=23.229

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.575 - 1.2 - 0
=3.375

Gold Town Games AB'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 )
=(23.065-3.711)/24.596
=0.79

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=24.106 - 1.041
=23.065

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.911 - 1.2 - 0
=3.711

* 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?
Gold Town Games AB (NGM:GTG) 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 Gold Town Games AB and its competitors.
Is Gold Town Games AB's Scaled Net Operating Assets too high?
Gold Town Games AB's current Scaled Net Operating Assets is 0.79. Overall, Gold Town Games AB has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gold Town Games AB's Scaled Net Operating Assets compare to NTES and EA?
Gold Town Games AB's Scaled Net Operating Assets of 0.79 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Scaled Net Operating Assets depends on the Interactive Media 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 Gold Town Games AB and its competitors. Gold Town Games AB'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 Gold Town Games AB stock overvalued right now?
Based on GuruFocus' analysis, Gold Town Games AB (NGM:GTG) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.35, compared to a current price of kr0.47 — trading 34.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.79. Gold Town Games AB's overall GF Score™ is 32/100 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 Gold Town Games AB (NGM:GTG), 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 Gold Town Games AB (NGM:GTG) Overvalued in 2026?

Based on GuruFocus' analysis, Gold Town Games AB stock appears to be overvalued. The current stock price of kr0.47 is trading 34.3% above its estimated GF Value™ of kr0.35. GuruFocus considers Gold Town Games AB to be Significantly Overvalued.

Key valuation signals for NGM:GTG:

  • Scaled Net Operating Assets: 0.79
  • GF Value™: kr0.35 vs. price of kr0.47 (34.3% above fair value)
  • GF Score™: 32/100 with 2 warning signs

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


Gold Town Games AB Business Description

Address Storgatan 53, Skelleftea, SWE, 931 31
Gold Town Games AB is a mobile games company. The company is engaged in the development, marketing and sales of mobile games, as well as carry out related activities. It has developed a hockey manager game for mobile platforms.
32GF Score

Get the complete analysis for NGM:GTG

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

kr0.47
Price
kr0.35
GF Value