PBTDF (Plover Bay Technologies) Scaled Net Operating Assets: -0.04 (As of Dec. 2025)


PBTDF Plover Bay Technologies Ltd PBTDF
65 GF Score
Price $1.13
GF Value $0.71
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Plover Bay Technologies Scaled Net Operating Assets?

Plover Bay Technologies PBTDF 65 Scaled Net Operating Assets is -0.04 as of Dec. 2025. GuruFocus rates PBTDF with a GF Score™ of 65/100 and a GF Value™ of $0.71 (Significantly 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.

Plover Bay Technologies's operating assets for the quarter that ended in Dec. 2025 was $53.2 Mil. Plover Bay Technologies's operating liabilities for the quarter that ended in Dec. 2025 was $57.3 Mil. Plover Bay Technologies's Total Assets for the quarter that ended in Jun. 2025 was $107.1 Mil. Therefore, Plover Bay Technologies's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.04.


Plover Bay Technologies Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Plover Bay Technologies'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.

Plover Bay Technologies Scaled Net Operating Assets Chart

Plover Bay Technologies 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 0.26 0.33 0.22 0.02 -0.04

Plover Bay Technologies Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.23 0.06 0.02 0.01 -0.04

PBTDF vs CSCO, CIEN, MSI: Scaled Net Operating Assets Comparison

For the Communication Equipment subindustry, Plover Bay Technologies'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.


Plover Bay Technologies Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Plover Bay Technologies's Scaled Net Operating Assets distribution charts can be found below:

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


PBTDF
65GF Score
Plover Bay Technologies Ltd PBTDF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Plover Bay Technologies 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.

Plover Bay Technologies'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 )
=(53.203-57.346)/110.111
=-0.04

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=118.253 - 65.05
=53.203

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=59.32 - 1.211 - 0.763
=57.346

Plover Bay Technologies's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(53.203-57.346)/107.142
=-0.04

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=118.253 - 65.05
=53.203

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=59.32 - 1.211 - 0.763
=57.346

* 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 -0.04 mean?
Plover Bay Technologies (PBTDF) has a Scaled Net Operating Assets of -0.04 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Plover Bay Technologies and its competitors.
Is Plover Bay Technologies' Scaled Net Operating Assets too high?
Plover Bay Technologies' current Scaled Net Operating Assets is -0.04. Overall, Plover Bay Technologies has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plover Bay Technologies' Scaled Net Operating Assets compare to CSCO and CIEN?
Plover Bay Technologies' Scaled Net Operating Assets of -0.04 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 Plover Bay Technologies and its competitors. Plover Bay Technologies's current Scaled Net Operating Assets is -0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plover Bay Technologies stock overvalued right now?
Based on GuruFocus' analysis, Plover Bay Technologies (PBTDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.71, compared to a current price of $1.13 — trading 59.2% above its estimated fair value. The current Scaled Net Operating Assets is -0.04. Plover Bay Technologies' overall GF Score™ is 65/100 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 Plover Bay Technologies (PBTDF), the current Scaled Net Operating Assets is -0.04 as of Dec. 2025. 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 Plover Bay Technologies (PBTDF) Overvalued in 2026?

Based on GuruFocus' analysis, Plover Bay Technologies stock appears to be overvalued. The current stock price of $1.13 is trading 59.2% above its estimated GF Value™ of $0.71. GuruFocus considers Plover Bay Technologies to be Significantly Overvalued.

Key valuation signals for PBTDF:

  • Scaled Net Operating Assets: -0.04
  • GF Value™: $0.71 vs. price of $1.13 (59.2% above fair value)
  • GF Score™: 65/100 with 5 warning signs

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


Plover Bay Technologies Business Description

Other Exchanges 01523:Hong Kong
Address 93 King Lam Street, Unit B, 5th Floor, Dragon Industrial Building, Lai Chi Kok, Kowloon, Hong Kong, HKG
Plover Bay Technologies Ltd is an investment holding company. It is a vendor of connectivity hardware, software, and services. The company's products include wired SD-WAN routers, wireless SD-WAN routers, and networking peripherals that support customer's networks. It also engages in the sales of software licences and the provision of warranty and support services. Companies' segments consist mainly of the following categories: SD-WAN routers; Mobile First Connectivity, which denotes products connected through mobile networks; warranty and support services; and software licences. The Mobile First Connectivity has the highest revenue. Geographical regions: North America, EMEA, Asia, and other regions.
65GF 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.

$1.13
Price
$0.71
GF Value