Norbel Baby Co (ROCO:6844) Scaled Net Operating Assets: 0.55 (As of Dec. 2025)


ROCO:6844 Norbel Baby Co Ltd ROCO:6844
65 GF Score
Price NT$62.90
GF Value NT$130.43
Valuation Possible Value Trap
! 5 Warning Signs
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What is Norbel Baby Co Scaled Net Operating Assets?

Norbel Baby Co ROCO:6844 +1.62% 65 Scaled Net Operating Assets is 0.55 as of Dec. 2025. GuruFocus rates ROCO:6844 with a GF Score™ of 65/100 and a GF Value™ of NT$130.43 (Possible Value Trap). 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.

Norbel Baby Co's operating assets for the quarter that ended in Dec. 2025 was NT$3,211 Mil. Norbel Baby Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$525 Mil. Norbel Baby Co's Total Assets for the quarter that ended in Sep. 2025 was NT$4,859 Mil. Therefore, Norbel Baby Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.55.


Norbel Baby Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Norbel Baby Co'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.

Norbel Baby Co Scaled Net Operating Assets Chart

Norbel Baby Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.61 0.59 0.55 0.54 0.55

Norbel Baby Co Quarterly Data
Dec19 Dec20 Jun21 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 0.51 0.49 0.50 0.54 0.55

ROCO:6844 vs CASY, WSM, DKS: Scaled Net Operating Assets Comparison

For the Specialty Retail subindustry, Norbel Baby Co'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.


Norbel Baby Co Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Norbel Baby Co's Scaled Net Operating Assets distribution charts can be found below:

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


ROCO:6844
65GF Score
Norbel Baby Co Ltd ROCO:6844
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Norbel Baby Co 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.

Norbel Baby Co'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 )
=(3210.749-524.646)/4922.456
=0.55

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4920.508 - 1709.759
=3210.749

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1727.168 - 989.896 - 212.626
=524.646

Norbel Baby Co'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 )
=(3210.749-524.646)/4858.927
=0.55

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4920.508 - 1709.759
=3210.749

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1727.168 - 989.896 - 212.626
=524.646

* 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 0.55 mean?
Norbel Baby Co (ROCO:6844) has a Scaled Net Operating Assets of 0.55 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 Norbel Baby Co and its competitors.
Is Norbel Baby Co's Scaled Net Operating Assets too high?
Norbel Baby Co's current Scaled Net Operating Assets is 0.55. Overall, Norbel Baby Co has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Norbel Baby Co's Scaled Net Operating Assets compare to CASY and WSM?
Norbel Baby Co's Scaled Net Operating Assets of 0.55 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 Norbel Baby Co and its competitors. Norbel Baby Co's current Scaled Net Operating Assets is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norbel Baby Co stock overvalued right now?
Based on GuruFocus' analysis, Norbel Baby Co (ROCO:6844) is currently considered Possible Value Trap. The stock's GF Value™ is NT$130.43, compared to a current price of NT$62.90 — trading 51.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.55. Norbel Baby Co's overall GF Score™ is 65/100 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 Norbel Baby Co (ROCO:6844), the current Scaled Net Operating Assets is 0.55 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 Norbel Baby Co (ROCO:6844) Overvalued in 2026?

Based on GuruFocus' analysis, Norbel Baby Co stock appears to be undervalued. The current stock price of NT$62.90 is trading 51.8% below its estimated GF Value™ of NT$130.43. GuruFocus considers Norbel Baby Co to be Possible Value Trap.

Key valuation signals for ROCO:6844:

  • Scaled Net Operating Assets: 0.55
  • GF Value™: NT$130.43 vs. price of NT$62.90 (51.8% below fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the ROCO:6844 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Norbel Baby Co Business Description

Address 807 No. 87, Dachang 2nd Road, Sanmin District, Kaohsiung, TWN
Norbel Baby Co Ltd mainly engages in the retail and wholesale of maternity and baby care products, medical supplies, dietary supplements, and cosmetics. The company provides pharmacy services needed to care for the health and growth of infants and young children.
65GF Score

Get the complete analysis for ROCO:6844

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

NT$62.90
Price
NT$130.43
GF Value