PENG (Penguin Solutions) Scaled Net Operating Assets: 0.39 (As of Feb. 2026)


PENG Penguin Solutions Inc PENG
71 GF Score
Price $64.72
GF Value $23.82
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Penguin Solutions Scaled Net Operating Assets?

Penguin Solutions PENG -3.32% 71 Scaled Net Operating Assets is 0.39 as of Feb. 2026. GuruFocus rates PENG with a GF Score™ of 71/100 and a GF Value™ of $23.82 (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.

Penguin Solutions's operating assets for the quarter that ended in Feb. 2026 was $1,261 Mil. Penguin Solutions's operating liabilities for the quarter that ended in Feb. 2026 was $636 Mil. Penguin Solutions's Total Assets for the quarter that ended in Nov. 2025 was $1,598 Mil. Therefore, Penguin Solutions's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.39.

Penguin Solutions Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Penguin Solutions'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.

Penguin Solutions Scaled Net Operating Assets Chart

Penguin Solutions Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.53 0.44 0.48 0.46

Penguin Solutions Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.43 0.32 0.38 0.41 0.39

PENG vs VNET, KD, CHRN: Scaled Net Operating Assets Comparison

For the Information Technology Services subindustry, Penguin Solutions'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.

Penguin Solutions Scaled Net Operating Assets vs Software Industry

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

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


PENG
71GF Score
Penguin Solutions Inc PENG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Penguin Solutions 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.

Penguin Solutions's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2025 )
=(Operating Assets (A: Aug. 2025 )-Operating Liabilities (A: Aug. 2025 ))/Total Assets (A: Aug. 2024 )
=(1163.446-484.399)/1474.506
=0.46

where

Operating Assets(A: Aug. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1617.2 - 453.754
=1163.446

Operating Liabilities(A: Aug. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1008.973 - 504.629 - 19.945
=484.399

Penguin Solutions's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2026 )
=(Operating Assets (Q: Feb. 2026 )-Operating Liabilities (Q: Feb. 2026 ))/Total Assets (Q: Nov. 2025 )
=(1260.585-635.56)/1598.195
=0.39

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1749.757 - 489.172
=1260.585

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1139.088 - 503.528 - 0
=635.56

* 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 0.39 mean?
Penguin Solutions (PENG) has a Scaled Net Operating Assets of 0.39 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Penguin Solutions and its competitors.
Is Penguin Solutions' Scaled Net Operating Assets too high?
Penguin Solutions' current Scaled Net Operating Assets is 0.39. Overall, Penguin Solutions has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Penguin Solutions' Scaled Net Operating Assets compare to VNET and KD?
Penguin Solutions' Scaled Net Operating Assets of 0.39 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 Penguin Solutions and its competitors. Penguin Solutions's current Scaled Net Operating Assets is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Penguin Solutions stock overvalued right now?
Based on GuruFocus' analysis, Penguin Solutions (PENG) is currently considered Significantly Overvalued. The stock's GF Value™ is $23.82, compared to a current price of $64.72 — trading 171.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.39. Penguin Solutions' overall GF Score™ is 71/100 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 Penguin Solutions (PENG), the current Scaled Net Operating Assets is 0.39 as of Feb. 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 Penguin Solutions (PENG) Overvalued in 2026?

Based on GuruFocus' analysis, Penguin Solutions stock appears to be overvalued. The current stock price of $64.72 is trading 171.7% above its estimated GF Value™ of $23.82. GuruFocus considers Penguin Solutions to be Significantly Overvalued.

Key valuation signals for PENG:

  • Scaled Net Operating Assets: 0.39
  • GF Value™: $23.82 vs. price of $64.72 (171.7% above fair value)
  • GF Score™: 71/100 with 5 warning signs

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

Penguin Solutions Business Description

Other Exchanges 88E:Germany
Address 1390 McCarthy Boulevard, Milpitas, CA, USA, 94560
Penguin Solutions Inc is an end-to-end technology company engaged in Intelligent Platform Solutions, Integrated Memory, and Optimized LED business. Its product include Servers, software, OCP HPC & AI system, Racks and Edge. Servers include AMD-based Serves, Intel-based Servers, etc. Software products include Scyld ClusterWare, Scyld Cloud Central, etc. OCP HPC & AI Systems includes OCP Servers & Storage and etc.
71GF Score

Get the complete analysis for PENG

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

$64.72
Price
$23.82
GF Value