Rayzher Industrial Co (ROCO:7703) Scaled Net Operating Assets: 0.47 (As of Jun. 2026)

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ROCO:7703 Rayzher Industrial Co Ltd ROCO:7703
69 GF Score
Price NT$178.00
GF Value NT$229.47
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Rayzher Industrial Co Scaled Net Operating Assets?

Rayzher Industrial Co ROCO:7703 -0.56% 69 Scaled Net Operating Assets is 0.47 as of Jun. 2026. GuruFocus rates ROCO:7703 with a GF Score™ of 69/100 and a GF Value™ of NT$229.47 (Modestly Undervalued). The stock has 6 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.

Rayzher Industrial Co's operating assets for the quarter that ended in Jun. 2026 was NT$2,537 Mil. Rayzher Industrial Co's operating liabilities for the quarter that ended in Jun. 2026 was NT$1,075 Mil. Rayzher Industrial Co's Total Assets for the quarter that ended in Mar. 2026 was NT$3,096 Mil. Therefore, Rayzher Industrial Co's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.47.


Rayzher Industrial Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Rayzher Industrial 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.

Rayzher Industrial Co Scaled Net Operating Assets Chart

Rayzher Industrial Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.30 0.28 0.40 0.52 0.40

Rayzher Industrial Co Quarterly Data
Dec19 Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.38 0.43 0.38 0.46 0.47

ROCO:7703 vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, Rayzher Industrial 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.


Rayzher Industrial Co Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Rayzher Industrial Co's Scaled Net Operating Assets distribution charts can be found below:

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


ROCO:7703
69GF Score
Rayzher Industrial Co Ltd ROCO:7703
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Rayzher Industrial 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.

Rayzher Industrial 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 )
=(1807.237-740.736)/2652.775
=0.40

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2946.047 - 1138.81
=1807.237

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=802.568 - 43.277 - 18.555
=740.736

Rayzher Industrial Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(2537.13-1075.325)/3095.989
=0.47

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3461.402 - 924.272
=2537.13

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1437.984 - 41.239 - 321.42
=1075.325

* 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 0.47 mean?
Rayzher Industrial Co (ROCO:7703) has a Scaled Net Operating Assets of 0.47 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Rayzher Industrial Co and its competitors.
Is Rayzher Industrial Co's Scaled Net Operating Assets too high?
Rayzher Industrial Co's current Scaled Net Operating Assets is 0.47. Overall, Rayzher Industrial Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rayzher Industrial Co's Scaled Net Operating Assets compare to PWR and FIX?
Rayzher Industrial Co's Scaled Net Operating Assets of 0.47 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Rayzher Industrial Co and its competitors. Rayzher Industrial Co's current Scaled Net Operating Assets is 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rayzher Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Rayzher Industrial Co (ROCO:7703) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$229.47, compared to a current price of NT$178.00 — trading 22.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.47. Rayzher Industrial Co's overall GF Score™ is 69/100 with 6 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 Rayzher Industrial Co (ROCO:7703), the current Scaled Net Operating Assets is 0.47 as of Jun. 2026. 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 Rayzher Industrial Co (ROCO:7703) Overvalued in 2026?

Based on GuruFocus' analysis, Rayzher Industrial Co stock appears to be undervalued. The current stock price of NT$178.00 is trading 22.4% below its estimated GF Value™ of NT$229.47. GuruFocus considers Rayzher Industrial Co to be Modestly Undervalued.

Key valuation signals for ROCO:7703:

  • Scaled Net Operating Assets: 0.47
  • GF Value™: NT$229.47 vs. price of NT$178.00 (22.4% below fair value)
  • GF Score™: 69/100 with 6 warning signs

No single metric tells the full story. See the ROCO:7703 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rayzher Industrial Co Business Description

Address Jiafeng South Road, 9th Floor, No. 76, Section 2, Hsinchu County, Zhubei, TWN, 302054
Rayzher Industrial Co Ltd is engaged mainly in the piping design, planning, and engineering management of equipment and facility systems related to high tech plants; the agency, manufacture, and installation of special gas supply systems; and the import and export sales of instruments, materials, and spare parts required for semiconductor equipment.
69GF Score

Get the complete analysis for ROCO:7703

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

NT$178.00
Price
NT$229.47
GF Value