Alcor Micro (ROCO:8054) Scaled Net Operating Assets: 0.37 (As of Mar. 2026)

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ROCO:8054 Alcor Micro Corp ROCO:8054
62 GF Score
Price NT$81.10
GF Value NT$206.96
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Alcor Micro Scaled Net Operating Assets?

Alcor Micro ROCO:8054 +2.14% 62 Scaled Net Operating Assets is 0.37 as of Mar. 2026. GuruFocus rates ROCO:8054 with a GF Score™ of 62/100 and a GF Value™ of NT$206.96 (Significantly Undervalued). The stock has 3 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.

Alcor Micro's operating assets for the quarter that ended in Mar. 2026 was NT$5,733 Mil. Alcor Micro's operating liabilities for the quarter that ended in Mar. 2026 was NT$2,954 Mil. Alcor Micro's Total Assets for the quarter that ended in Dec. 2025 was NT$7,565 Mil. Therefore, Alcor Micro's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.37.


Alcor Micro Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Alcor Micro'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.

Alcor Micro Scaled Net Operating Assets Chart

Alcor Micro 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 0.54 0.50 0.56 0.39 0.46

Alcor Micro Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.36 0.38 0.43 0.42 0.37

ROCO:8054 vs DELL, ANET, SNDK: Scaled Net Operating Assets Comparison

For the Computer Hardware subindustry, Alcor Micro'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.


Alcor Micro Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Alcor Micro's Scaled Net Operating Assets distribution charts can be found below:

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


ROCO:8054
62GF Score
Alcor Micro Corp ROCO:8054
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alcor Micro 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.

Alcor Micro'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 )
=(5573.76-2352.306)/6980.423
=0.46

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7565.233 - 1991.473
=5573.76

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3079.091 - 336.453 - 390.332
=2352.306

Alcor Micro's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(5733.114-2954.254)/7565.233
=0.37

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8019.096 - 2285.982
=5733.114

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3612.164 - 340.186 - 317.724
=2954.254

* 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 0.37 mean?
Alcor Micro (ROCO:8054) has a Scaled Net Operating Assets of 0.37 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Alcor Micro and its competitors.
Is Alcor Micro's Scaled Net Operating Assets too high?
Alcor Micro's current Scaled Net Operating Assets is 0.37. Overall, Alcor Micro has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alcor Micro's Scaled Net Operating Assets compare to DELL and ANET?
Alcor Micro's Scaled Net Operating Assets of 0.37 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 Alcor Micro and its competitors. Alcor Micro's current Scaled Net Operating Assets is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alcor Micro stock overvalued right now?
Based on GuruFocus' analysis, Alcor Micro (ROCO:8054) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$206.96, compared to a current price of NT$81.10 — trading 60.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.37. Alcor Micro's overall GF Score™ is 62/100 with 3 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 Alcor Micro (ROCO:8054), the current Scaled Net Operating Assets is 0.37 as of Mar. 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 Alcor Micro (ROCO:8054) Overvalued in 2026?

Based on GuruFocus' analysis, Alcor Micro stock appears to be undervalued. The current stock price of NT$81.10 is trading 60.8% below its estimated GF Value™ of NT$206.96. GuruFocus considers Alcor Micro to be Significantly Undervalued.

Key valuation signals for ROCO:8054:

  • Scaled Net Operating Assets: 0.37
  • GF Value™: NT$206.96 vs. price of NT$81.10 (60.8% below fair value)
  • GF Score™: 62/100 with 3 warning signs

No single metric tells the full story. See the ROCO:8054 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alcor Micro Business Description

Address No.66, Sanchong Road, 9th Floor, Nangang District, Taipei City, TWN, 115
Alcor Micro Corp designs develops, and markets integrated semiconductors as well as software solutions for personal computer peripherals and consumer electronics in Taiwan. Its products include SD card controllers, USB flash drive controllers, and SSD controllers. The Group is engaged in the design and sale of integrated circuit products and the Group operate in a single segment and product line. The company operates in China, Taiwan, Korea and Others. It derives maximum revenue from China.
62GF Score

Get the complete analysis for ROCO:8054

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

NT$81.10
Price
NT$206.96
GF Value