ECOVE Environment (ROCO:6803) Scaled Net Operating Assets: 0.62 (As of Dec. 2025)


ROCO:6803 ECOVE Environment Corp ROCO:6803
94 GF Score
Price NT$274.00
GF Value NT$373.58
Valuation Modestly Undervalued
! 5 Warning Signs
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What is ECOVE Environment Scaled Net Operating Assets?

ECOVE Environment ROCO:6803 94 Scaled Net Operating Assets is 0.62 as of Dec. 2025. GuruFocus rates ROCO:6803 with a GF Score™ of 94/100 and a GF Value™ of NT$373.58 (Modestly Undervalued). 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.

ECOVE Environment's operating assets for the quarter that ended in Dec. 2025 was NT$13,815 Mil. ECOVE Environment's operating liabilities for the quarter that ended in Dec. 2025 was NT$4,000 Mil. ECOVE Environment's Total Assets for the quarter that ended in Sep. 2025 was NT$15,741 Mil. Therefore, ECOVE Environment's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.62.


ECOVE Environment Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for ECOVE Environment'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.

ECOVE Environment Scaled Net Operating Assets Chart

ECOVE Environment 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 0.60 0.47 0.45 0.52 0.74

ECOVE Environment 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 0.52 0.41 0.61 0.60 0.62

ROCO:6803 vs WM, RSG, WCN: Scaled Net Operating Assets Comparison

For the Waste Management subindustry, ECOVE Environment'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.


ECOVE Environment Scaled Net Operating Assets vs Waste Management Industry

For the Waste Management industry and Industrials sector, ECOVE Environment's Scaled Net Operating Assets distribution charts can be found below:

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


ROCO:6803
94GF Score
ECOVE Environment Corp ROCO:6803
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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ECOVE Environment 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.

ECOVE Environment'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 )
=(13815.461-3999.59)/13349.774
=0.74

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16807.658 - 2992.197
=13815.461

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9103.686 - 3059.685 - 2044.411
=3999.59

ECOVE Environment'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 )
=(13815.461-3999.59)/15741.263
=0.62

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16807.658 - 2992.197
=13815.461

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9103.686 - 3059.685 - 2044.411
=3999.59

* 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 0.62 mean?
ECOVE Environment (ROCO:6803) has a Scaled Net Operating Assets of 0.62 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 ECOVE Environment and its competitors.
Is ECOVE Environment's Scaled Net Operating Assets too high?
ECOVE Environment's current Scaled Net Operating Assets is 0.62. Overall, ECOVE Environment has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ECOVE Environment's Scaled Net Operating Assets compare to WM and RSG?
ECOVE Environment's Scaled Net Operating Assets of 0.62 can be compared against companies in the Waste Management 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 Waste Management company?
A good Scaled Net Operating Assets depends on the Waste Management 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 ECOVE Environment and its competitors. ECOVE Environment's current Scaled Net Operating Assets is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ECOVE Environment stock overvalued right now?
Based on GuruFocus' analysis, ECOVE Environment (ROCO:6803) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$373.58, compared to a current price of NT$274.00 — trading 26.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.62. ECOVE Environment's overall GF Score™ is 94/100 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 ECOVE Environment (ROCO:6803), the current Scaled Net Operating Assets is 0.62 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 ECOVE Environment (ROCO:6803) Overvalued in 2026?

Based on GuruFocus' analysis, ECOVE Environment stock appears to be undervalued. The current stock price of NT$274.00 is trading 26.7% below its estimated GF Value™ of NT$373.58. GuruFocus considers ECOVE Environment to be Modestly Undervalued.

Key valuation signals for ROCO:6803:

  • Scaled Net Operating Assets: 0.62
  • GF Value™: NT$373.58 vs. price of NT$274.00 (26.7% below fair value)
  • GF Score™: 94/100 with 5 warning signs

No single metric tells the full story. See the ROCO:6803 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ECOVE Environment Business Description

Address No. 16, Fushan Road, 12th Floor, Beitou District, Taipei City, TWN, 112037
ECOVE Environment Corp is a resource management services provider serving public and private entities across Greater China, Southeast Asia, India, and the USA. The Company is mainly engaged in investment, power generation, and waste management. Its services include Energy-from-Waste, Mechatronics, and Waste Management, while its projects include Energy-from-Waste, Photovoltaic Energy, and Hazardous and Special Waste Treatment.
94GF Score

Get the complete analysis for ROCO:6803

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

NT$274.00
Price
NT$373.58
GF Value