Ideal Bike (ROCO:8933) Scaled Net Operating Assets: 0.76 (As of Dec. 2025)


ROCO:8933 Ideal Bike Corp ROCO:8933
54 GF Score
Price NT$4.55
GF Value NT$4.86
Valuation Fairly Valued
! 4 Warning Signs
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What is Ideal Bike Scaled Net Operating Assets?

Ideal Bike ROCO:8933 54 Scaled Net Operating Assets is 0.76 as of Dec. 2025. GuruFocus rates ROCO:8933 with a GF Score™ of 54/100 and a GF Value™ of NT$4.86 (Fairly Valued). The stock has 4 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.

Ideal Bike's operating assets for the quarter that ended in Dec. 2025 was NT$3,237 Mil. Ideal Bike's operating liabilities for the quarter that ended in Dec. 2025 was NT$459 Mil. Ideal Bike's Total Assets for the quarter that ended in Sep. 2025 was NT$3,673 Mil. Therefore, Ideal Bike's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.76.

Ideal Bike Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Ideal Bike'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.

Ideal Bike Scaled Net Operating Assets Chart

Ideal Bike 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 0.63 0.78 0.56 0.60 0.63

Ideal Bike 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 0.70 0.72 0.67 0.71 0.76

ROCO:8933 vs AS, HAS, LTH: Scaled Net Operating Assets Comparison

For the Leisure subindustry, Ideal Bike'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.

Ideal Bike Scaled Net Operating Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Ideal Bike's Scaled Net Operating Assets distribution charts can be found below:

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


ROCO:8933
54GF Score
Ideal Bike Corp ROCO:8933
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ideal Bike 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.

Ideal Bike'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 )
=(3236.699-458.585)/4398.931
=0.63

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3866.708 - 630.009
=3236.699

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2175.218 - 483.953 - 1232.68
=458.585

Ideal Bike'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 )
=(3236.699-458.585)/3672.635
=0.76

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3866.708 - 630.009
=3236.699

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2175.218 - 483.953 - 1232.68
=458.585

* 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 0.76 mean?
Ideal Bike (ROCO:8933) has a Scaled Net Operating Assets of 0.76 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 Ideal Bike and its competitors.
Is Ideal Bike's Scaled Net Operating Assets too high?
Ideal Bike's current Scaled Net Operating Assets is 0.76. Overall, Ideal Bike has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ideal Bike's Scaled Net Operating Assets compare to AS and HAS?
Ideal Bike's Scaled Net Operating Assets of 0.76 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure 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 Ideal Bike and its competitors. Ideal Bike's current Scaled Net Operating Assets is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ideal Bike stock overvalued right now?
Based on GuruFocus' analysis, Ideal Bike (ROCO:8933) is currently considered Fairly Valued. The stock's GF Value™ is NT$4.86, compared to a current price of NT$4.55 — trading 6.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.76. Ideal Bike's overall GF Score™ is 54/100 with 4 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 Ideal Bike (ROCO:8933), the current Scaled Net Operating Assets is 0.76 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 Ideal Bike (ROCO:8933) Overvalued in 2026?

Based on GuruFocus' analysis, Ideal Bike stock appears to be undervalued. The current stock price of NT$4.55 is trading 6.4% below its estimated GF Value™ of NT$4.86. GuruFocus considers Ideal Bike to be Fairly Valued.

Key valuation signals for ROCO:8933:

  • Scaled Net Operating Assets: 0.76
  • GF Value™: NT$4.86 vs. price of NT$4.55 (6.4% below fair value)
  • GF Score™: 54/100 with 4 warning signs

No single metric tells the full story. See the ROCO:8933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ideal Bike Business Description

Address No. 497, Gangbu Road, Section 1, Wuqi District, Taichung City, TWN, 435
Ideal Bike Corp is engaged in manufacturing and selling of bicycles. It offers indoor and outdoor sports cars, baby carriages, mini scooters, and parts. The company also manufactures agricultural machinery, steam locomotives, ships, aircraft, and other parts. Its reportable segments involve the Manufacturing (OEM) segment and Other segments. It derives maximum revenue from Manufacturing (OEM) segment.
54GF Score

Get the complete analysis for ROCO:8933

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

NT$4.55
Price
NT$4.86
GF Value