ADO Optronic (ROCO:3516) Scaled Net Operating Assets: 0.81 (As of Dec. 2025)

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ROCO:3516 ADO Optronic Corp ROCO:3516
62 GF Score
Price NT$25.95
GF Value NT$18.29
Valuation Significantly Overvalued
! 10 Warning Signs
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What is ADO Optronic Scaled Net Operating Assets?

ADO Optronic ROCO:3516 +4.85% 62 Scaled Net Operating Assets is 0.81 as of Dec. 2025. GuruFocus rates ROCO:3516 with a GF Score™ of 62/100 and a GF Value™ of NT$18.29 (Significantly Overvalued). The stock has 10 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.

ADO Optronic's operating assets for the quarter that ended in Dec. 2025 was NT$2,580 Mil. ADO Optronic's operating liabilities for the quarter that ended in Dec. 2025 was NT$349 Mil. ADO Optronic's Total Assets for the quarter that ended in Sep. 2025 was NT$2,754 Mil. Therefore, ADO Optronic's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.81.


ADO Optronic Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for ADO Optronic'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.

ADO Optronic Scaled Net Operating Assets Chart

ADO Optronic 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 0.65 0.82 0.66 0.73 0.83

ADO Optronic Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.74 0.66 0.65 0.81 0.81

ROCO:3516 vs SN, SGI, MHK: Scaled Net Operating Assets Comparison

For the Furnishings, Fixtures & Appliances subindustry, ADO Optronic'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.


ADO Optronic Scaled Net Operating Assets vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, ADO Optronic's Scaled Net Operating Assets distribution charts can be found below:

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


ROCO:3516
62GF Score
ADO Optronic Corp ROCO:3516
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ADO Optronic 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.

ADO Optronic'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 )
=(2580.288-348.504)/2705.891
=0.82

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2866.24 - 285.952
=2580.288

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1225.13 - 766.484 - 110.142
=348.504

ADO Optronic'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: Sep. 2025 )
=(2580.288-348.504)/2753.536
=0.81

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2866.24 - 285.952
=2580.288

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1225.13 - 766.484 - 110.142
=348.504

* 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?
ADO Optronic (ROCO:3516) has a Scaled Net Operating Assets of 0.81 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 ADO Optronic and its competitors.
Is ADO Optronic's Scaled Net Operating Assets too high?
ADO Optronic's current Scaled Net Operating Assets is 0.81. Overall, ADO Optronic has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ADO Optronic's Scaled Net Operating Assets compare to SN and SGI?
ADO Optronic's Scaled Net Operating Assets of 0.81 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Scaled Net Operating Assets depends on the Furnishings, Fixtures & Appliances 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 ADO Optronic and its competitors. ADO Optronic'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 ADO Optronic stock overvalued right now?
Based on GuruFocus' analysis, ADO Optronic (ROCO:3516) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.29, compared to a current price of NT$25.95 — trading 41.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.81. ADO Optronic's overall GF Score™ is 62/100 with 10 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 ADO Optronic (ROCO:3516), the current Scaled Net Operating Assets is 0.81 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 ADO Optronic (ROCO:3516) Overvalued in 2026?

Based on GuruFocus' analysis, ADO Optronic stock appears to be overvalued. The current stock price of NT$25.95 is trading 41.9% above its estimated GF Value™ of NT$18.29. GuruFocus considers ADO Optronic to be Significantly Overvalued.

Key valuation signals for ROCO:3516:

  • Scaled Net Operating Assets: 0.81
  • GF Value™: NT$18.29 vs. price of NT$25.95 (41.9% above fair value)
  • GF Score™: 62/100 with 10 warning signs

No single metric tells the full story. See the ROCO:3516 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ADO Optronic Business Description

Address No.858, Guangfu Road, Taoyuan, Bade, TWN
ADO Optronic Corp is a Taiwan based company engages in the processing, assembly, and distribution of commercial lighting, indoor and outdoor LED lighting, and plastic injection products.
62GF Score

Get the complete analysis for ROCO:3516

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

NT$25.95
Price
NT$18.29
GF Value