Atari (PONGF) Scaled Net Operating Assets: 0.81 (As of Sep. 2025)


PONGF Atari SA PONGF
42 GF Score
Price $20.00
GF Value $56.34
Valuation Possible Value Trap
! 7 Warning Signs
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What is Atari Scaled Net Operating Assets?

Atari PONGF -4.76% 42 Scaled Net Operating Assets is 0.81 as of Sep. 2025. GuruFocus rates PONGF with a GF Score™ of 42/100 and a GF Value™ of $56.34 (Possible Value Trap). The stock has 7 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.

Atari's operating assets for the quarter that ended in Sep. 2025 was $106.93 Mil. Atari's operating liabilities for the quarter that ended in Sep. 2025 was $39.79 Mil. Atari's Total Assets for the quarter that ended in Mar. 2025 was $83.35 Mil. Therefore, Atari's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2025 was 0.81.


Atari Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Atari'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.

Atari Scaled Net Operating Assets Chart

Atari Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.24 0.56 1.93 0.71

Atari Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 1.32 0.89 0.67 0.73 0.81

PONGF vs NTES, EA, TTWO: Scaled Net Operating Assets Comparison

For the Electronic Gaming & Multimedia subindustry, Atari'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.


Atari Scaled Net Operating Assets vs Interactive Media Industry

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

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


PONGF
42GF Score
Atari SA PONGF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Atari 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.

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

Scaled Net Operating Assets (SNOA)(A: Mar. 2025 )
=(Operating Assets (A: Mar. 2025 )-Operating Liabilities (A: Mar. 2025 ))/Total Assets (A: Mar. 2024 )
=(79.567-27.037)/74.239
=0.71

where

Operating Assets(A: Mar. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=83.351 - 3.784
=79.567

Operating Liabilities(A: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=85.416 - 46.811 - 11.568
=27.037

Atari's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2025 )
=(Operating Assets (Q: Sep. 2025 )-Operating Liabilities (Q: Sep. 2025 ))/Total Assets (Q: Mar. 2025 )
=(106.925-39.788)/83.351
=0.81

where

Operating Assets(Q: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=112.324 - 5.399
=106.925

Operating Liabilities(Q: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=108.333 - 11.033 - 57.512
=39.788

* 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 0.81 mean?
Atari (PONGF) has a Scaled Net Operating Assets of 0.81 as of Sep. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Atari and its competitors.
Is Atari's Scaled Net Operating Assets too high?
Atari's current Scaled Net Operating Assets is 0.81. Overall, Atari has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Atari's Scaled Net Operating Assets compare to NTES and EA?
Atari's Scaled Net Operating Assets of 0.81 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 Atari and its competitors. Atari's current Scaled Net Operating Assets is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atari stock overvalued right now?
Based on GuruFocus' analysis, Atari (PONGF) is currently considered Possible Value Trap. The stock's GF Value™ is $56.34, compared to a current price of $20.00 — trading 64.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.81. Atari's overall GF Score™ is 42/100 with 7 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 Atari (PONGF), the current Scaled Net Operating Assets is 0.81 as of Sep. 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 Atari (PONGF) Overvalued in 2026?

Based on GuruFocus' analysis, Atari stock appears to be undervalued. The current stock price of $20.00 is trading 64.5% below its estimated GF Value™ of $56.34. GuruFocus considers Atari to be Possible Value Trap.

Key valuation signals for PONGF:

  • Scaled Net Operating Assets: 0.81
  • GF Value™: $56.34 vs. price of $20.00 (64.5% below fair value)
  • GF Score™: 42/100 with 7 warning signs

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


Atari Business Description

Other Exchanges ALATA:France
Address 54-56, Avenue Hoche, Paris, FRA, 75008
Atari SA is in the electronic gaming and multimedia business sector. It is engaged in the design, production, publishing, and distribution of all multimedia and audiovisual products and works, including entertainment products in any form, such as software, data processing, and content. It owns and manages a portfolio of more than four hundred special games and franchises, including world-renowned brands like Pong, Breakout, Asteroids, Missile Command, Centipede, and RollerCoaster Tycoon. Atari provides various types of gaming, which include mobile and online arcade games such as roller coaster tycoon, haunted house, pong world, circus Atari, centipede, breakout, and others. The group has three lines of business: Games, which generates maximum revenue, Hardware, and Licensing.
42GF Score

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$20.00
Price
$56.34
GF Value