United Fiber Optic Communication (ROCO:4903) Scaled Net Operating Assets: 0.69 (As of Dec. 2025)


ROCO:4903 United Fiber Optic Communication Inc ROCO:4903
55 GF Score
Price NT$39.50
GF Value NT$39.60
Valuation Fairly Valued
! 2 Warning Signs
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What is United Fiber Optic Communication Scaled Net Operating Assets?

United Fiber Optic Communication ROCO:4903 55 Scaled Net Operating Assets is 0.69 as of Dec. 2025. GuruFocus rates ROCO:4903 with a GF Score™ of 55/100 and a GF Value™ of NT$39.60 (Fairly Valued). The stock has 2 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.

United Fiber Optic Communication's operating assets for the quarter that ended in Dec. 2025 was NT$1,378 Mil. United Fiber Optic Communication's operating liabilities for the quarter that ended in Dec. 2025 was NT$318 Mil. United Fiber Optic Communication's Total Assets for the quarter that ended in Sep. 2025 was NT$1,539 Mil. Therefore, United Fiber Optic Communication's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.69.


United Fiber Optic Communication Scaled Net Operating Assets Historical Data

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The historical data trend for United Fiber Optic Communication'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.

United Fiber Optic Communication Scaled Net Operating Assets Chart

United Fiber Optic Communication 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 0.68 0.43 0.54 0.55 0.76

United Fiber Optic Communication 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 0.53 0.55 0.57 0.52 0.69

ROCO:4903 vs CSCO, CIEN, MSI: Scaled Net Operating Assets Comparison

For the Communication Equipment subindustry, United Fiber Optic Communication'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.


United Fiber Optic Communication Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, United Fiber Optic Communication's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where United Fiber Optic Communication's Scaled Net Operating Assets falls into.


ROCO:4903
55GF Score
United Fiber Optic Communication Inc ROCO:4903
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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United Fiber Optic Communication 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.

United Fiber Optic Communication'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 )
=(1378.22-317.81)/1401.381
=0.76

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1753.824 - 375.604
=1378.22

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=593.143 - 13.909 - 261.424
=317.81

United Fiber Optic Communication'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 )
=(1378.22-317.81)/1539.253
=0.69

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1753.824 - 375.604
=1378.22

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=593.143 - 13.909 - 261.424
=317.81

* 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 0.69 mean?
United Fiber Optic Communication (ROCO:4903) has a Scaled Net Operating Assets of 0.69 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 United Fiber Optic Communication and its competitors.
Is United Fiber Optic Communication's Scaled Net Operating Assets too high?
United Fiber Optic Communication's current Scaled Net Operating Assets is 0.69. Overall, United Fiber Optic Communication has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does United Fiber Optic Communication's Scaled Net Operating Assets compare to CSCO and CIEN?
United Fiber Optic Communication's Scaled Net Operating Assets of 0.69 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 United Fiber Optic Communication and its competitors. United Fiber Optic Communication's current Scaled Net Operating Assets is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Fiber Optic Communication stock overvalued right now?
Based on GuruFocus' analysis, United Fiber Optic Communication (ROCO:4903) is currently considered Fairly Valued. The stock's GF Value™ is NT$39.60, compared to a current price of NT$39.50 — trading 0.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.69. United Fiber Optic Communication's overall GF Score™ is 55/100 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 United Fiber Optic Communication (ROCO:4903), the current Scaled Net Operating Assets is 0.69 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 United Fiber Optic Communication (ROCO:4903) Overvalued in 2026?

Based on GuruFocus' analysis, United Fiber Optic Communication stock appears to be undervalued. The current stock price of NT$39.50 is trading 0.3% below its estimated GF Value™ of NT$39.60. GuruFocus considers United Fiber Optic Communication to be Fairly Valued.

Key valuation signals for ROCO:4903:

  • Scaled Net Operating Assets: 0.69
  • GF Value™: NT$39.60 vs. price of NT$39.50 (0.3% below fair value)
  • GF Score™: 55/100 with 2 warning signs

No single metric tells the full story. See the ROCO:4903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Fiber Optic Communication Business Description

Address No. 12, Creation Road IV, Science-Based Industrial Park, Hsinchu, TWN
United Fiber Optic Communication Inc manufactures and distributes optical fiber cables and transmission equipment. The company mainly engages in exporting and importing products as well as providing services regarding fiber optic cables, related materials and accessories, transmission equipment, dense wavelength division multiplex (DWDM), repeaters, panels and boxes, and preforms, related communications equipment and network workstation systems, FDDI network equipment, optical Cable TV transmitters and receivers, FM PSK multi-band video transmission series, broadband data transmission, and network management systems.
55GF Score

Get the complete analysis for ROCO:4903

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

NT$39.50
Price
NT$39.60
GF Value