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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Truelight's operating assets for the quarter that ended in Dec. 2025 was NT$851.0 Mil. Truelight's operating liabilities for the quarter that ended in Dec. 2025 was NT$136.7 Mil. Truelight's Total Assets for the quarter that ended in Sep. 2025 was NT$1,066.7 Mil. Therefore, Truelight's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.67.
Truelight Scaled Net Operating Assets Related Terms
Truelight Scaled Net Operating Assets Historical Data
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The historical data trend for Truelight'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.
ROCO:3234 vs NVDA, AVGO, MU: Scaled Net Operating Assets Comparison
For the Semiconductors subindustry, Truelight'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.
Truelight Scaled Net Operating Assets vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Truelight's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Truelight's Scaled Net Operating Assets falls into.
* 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 0.67 mean?
Truelight (ROCO:3234) has a Scaled Net Operating Assets of 0.67 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 Truelight and its competitors.
Is Truelight's Scaled Net Operating Assets too high?
Truelight's current Scaled Net Operating Assets is 0.67. Overall, Truelight has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Truelight's Scaled Net Operating Assets compare to NVDA and AVGO?
Truelight's Scaled Net Operating Assets of 0.67 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors 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 Truelight and its competitors. Truelight's current Scaled Net Operating Assets is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Truelight stock overvalued right now?
Based on GuruFocus' analysis, Truelight (ROCO:3234) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$33.55, compared to a current price of NT$96.30 — trading 187% above its estimated fair value. The current Scaled Net Operating Assets is 0.67. Truelight's overall GF Score™ is 36/100 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 Truelight (ROCO:3234), the current Scaled Net Operating Assets is 0.67 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 Truelight (ROCO:3234) Overvalued in 2026?
Based on GuruFocus' analysis, Truelight stock appears to be overvalued.
The current stock price of NT$96.30 is trading 187% above its estimated GF Value™ of NT$33.55.
GuruFocus considers Truelight to be Significantly Overvalued.
Key valuation signals for ROCO:3234:
Scaled Net Operating Assets: 0.67
GF Value™: NT$33.55 vs. price of NT$96.30 (187% above fair value)
No single metric tells the full story. See the ROCO:3234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Truelight Corp engages in the manufacturing and supply of components for the local area networks, storage area network, fiber to the home, and metro area network. The business items of the company are design, research and development, Production, and sales, which are applied to optical fiber communication, mobile communication base station interconnection, cloud data center, 3D Sensing/Near-Field Sensing/Flood Illumination Vertical Cavity Surface Emitting Laser, Edge laser, photodiode, including components, sub-modules, Light engine/AOC and other types of products. The products of the company include VCSEL chips, FP-LD chips, DFB-LD chips, and PIN chips.
36GF Score
Get the complete analysis for ROCO:3234
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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