QST International (ROCO:8349) Scaled Net Operating Assets: 0.82 (As of Dec. 2025)


ROCO:8349 QST International Corp ROCO:8349
75 GF Score
Price NT$39.50
GF Value NT$44.62
Valuation Modestly Undervalued
! 8 Warning Signs
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What is QST International Scaled Net Operating Assets?

QST International ROCO:8349 75 Scaled Net Operating Assets is 0.82 as of Dec. 2025. GuruFocus rates ROCO:8349 with a GF Score™ of 75/100 and a GF Value™ of NT$44.62 (Modestly Undervalued). The stock has 8 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.

QST International's operating assets for the quarter that ended in Dec. 2025 was NT$21,487 Mil. QST International's operating liabilities for the quarter that ended in Dec. 2025 was NT$3,001 Mil. QST International's Total Assets for the quarter that ended in Sep. 2025 was NT$22,530 Mil. Therefore, QST International's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.82.


QST International Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for QST International'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.

QST International Scaled Net Operating Assets Chart

QST International 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 0.81 0.88 0.86 0.91 0.86

QST International 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 0.78 0.81 0.73 0.84 0.82

ROCO:8349 vs SNA, RBC, LECO: Scaled Net Operating Assets Comparison

For the Tools & Accessories subindustry, QST International'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.


QST International Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, QST International's Scaled Net Operating Assets distribution charts can be found below:

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


ROCO:8349
75GF Score
QST International Corp ROCO:8349
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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QST International 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.

QST International'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 )
=(21487.13-3001.198)/21525.485
=0.86

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23334.06 - 1846.93
=21487.13

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14698.798 - 6591.518 - 5106.082
=3001.198

QST International'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 )
=(21487.13-3001.198)/22530.305
=0.82

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23334.06 - 1846.93
=21487.13

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14698.798 - 6591.518 - 5106.082
=3001.198

* 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 0.82 mean?
QST International (ROCO:8349) has a Scaled Net Operating Assets of 0.82 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 QST International and its competitors.
Is QST International's Scaled Net Operating Assets too high?
QST International's current Scaled Net Operating Assets is 0.82. Overall, QST International has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does QST International's Scaled Net Operating Assets compare to SNA and RBC?
QST International's Scaled Net Operating Assets of 0.82 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 QST International and its competitors. QST International's current Scaled Net Operating Assets is 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QST International stock overvalued right now?
Based on GuruFocus' analysis, QST International (ROCO:8349) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$44.62, compared to a current price of NT$39.50 — trading 11.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.82. QST International's overall GF Score™ is 75/100 with 8 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 QST International (ROCO:8349), the current Scaled Net Operating Assets is 0.82 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 QST International (ROCO:8349) Overvalued in 2026?

Based on GuruFocus' analysis, QST International stock appears to be undervalued. The current stock price of NT$39.50 is trading 11.5% below its estimated GF Value™ of NT$44.62. GuruFocus considers QST International to be Modestly Undervalued.

Key valuation signals for ROCO:8349:

  • Scaled Net Operating Assets: 0.82
  • GF Value™: NT$44.62 vs. price of NT$39.50 (11.5% below fair value)
  • GF Score™: 75/100 with 8 warning signs

No single metric tells the full story. See the ROCO:8349 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


QST International Business Description

Other Exchanges 8349A.PFD:Taiwan
Address Section 1, Changrong Road, No. 203, 3rd Floor, East District, Tainan City, TWN, 70143
QST International Corp is principally engaged in the manufacture, production, and trading of screws and nuts. Its activities include the wholesale of fasteners, industrial hardware, hardware tools, plastic products, inspection services, and accessories; the manufacture of metal products such as automotive nuts and molds; the manufacture and sale of automotive fasteners; and the manufacture of automotive parts and accessories and metal structures. It operates in Taiwan, China, Germany, Vietnam, and other countries, with China generating maximum revenue.
75GF Score

Get the complete analysis for ROCO:8349

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$44.62
GF Value