SDA (SunCar Technology Group) Scaled Net Operating Assets: 0.57 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SDA SunCar Technology Group Inc SDA
50 GF Score
Price $0.85
GF Value $8.78
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is SunCar Technology Group Scaled Net Operating Assets?

SunCar Technology Group SDA +7.68% 50 Scaled Net Operating Assets is 0.57 as of Mar. 2026. GuruFocus rates SDA with a GF Score™ of 50/100 and a GF Value™ of $8.78 (Possible Value Trap). 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.

SunCar Technology Group's operating assets for the quarter that ended in Mar. 2026 was $223.6 Mil. SunCar Technology Group's operating liabilities for the quarter that ended in Mar. 2026 was $80.3 Mil. SunCar Technology Group's Total Assets for the quarter that ended in Dec. 2025 was $253.2 Mil. Therefore, SunCar Technology Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.57.


SunCar Technology Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for SunCar Technology Group'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.

SunCar Technology Group Scaled Net Operating Assets Chart

SunCar Technology Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.15 0.30 0.52 0.46 0.52

SunCar Technology Group Quarterly Data
Dec20 Dec21 Jun22 Dec22 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 0.46 0.45 0.47 0.47 0.57

SDA vs NXB, CRMT, UCAR: Scaled Net Operating Assets Comparison

For the Auto & Truck Dealerships subindustry, SunCar Technology Group'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.


SunCar Technology Group Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SunCar Technology Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where SunCar Technology Group's Scaled Net Operating Assets falls into.


SDA
50GF Score
SunCar Technology Group Inc SDA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SunCar Technology Group 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.

SunCar Technology Group'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 )
=(206.58-78.524)/246.728
=0.52

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=253.196 - 46.616
=206.58

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=162.514 - 2.691 - 81.299
=78.524

SunCar Technology Group'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 )
=(223.635-80.332)/253.196
=0.57

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=258.965 - 35.33
=223.635

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=165.819 - 2.534 - 82.953
=80.332

* 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 0.57 mean?
SunCar Technology Group (SDA) has a Scaled Net Operating Assets of 0.57 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 SunCar Technology Group and its competitors.
Is SunCar Technology Group's Scaled Net Operating Assets too high?
SunCar Technology Group's current Scaled Net Operating Assets is 0.57. Overall, SunCar Technology Group has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SunCar Technology Group's Scaled Net Operating Assets compare to NXB and CRMT?
SunCar Technology Group's Scaled Net Operating Assets of 0.57 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 SunCar Technology Group and its competitors. SunCar Technology Group's current Scaled Net Operating Assets is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SunCar Technology Group stock overvalued right now?
Based on GuruFocus' analysis, SunCar Technology Group (SDA) is currently considered Possible Value Trap. The stock's GF Value™ is $8.78, compared to a current price of $0.85 — trading 90.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.57. SunCar Technology Group's overall GF Score™ is 50/100 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 SunCar Technology Group (SDA), the current Scaled Net Operating Assets is 0.57 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 SunCar Technology Group (SDA) Overvalued in 2026?

Based on GuruFocus' analysis, SunCar Technology Group stock appears to be undervalued. The current stock price of $0.85 is trading 90.3% below its estimated GF Value™ of $8.78. GuruFocus considers SunCar Technology Group to be Possible Value Trap.

Key valuation signals for SDA:

  • Scaled Net Operating Assets: 0.57
  • GF Value™: $8.78 vs. price of $0.85 (90.3% below fair value)
  • GF Score™: 50/100 with 3 warning signs

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


SunCar Technology Group Business Description

Address c/o Shanghai Feiyou Trading Co., Ltd, Suite 209, No. 656 Lingshi Road, Jing’an District, Shanghai, CHN, 200072
SunCar Technology Group Inc operates digital automotive aftersales market service platform and vehicle insurance technology platform. It develops and operates online platforms that connect drivers in China with a range of aftermarket automotive services and insurance coverage options from a nationwide network of service providers. These comprehensive digital systems are built on SunCar's multi-tenant, cloud-based platform. Revenues from its continuing operations are mainly generated from providing auto eInsurance services, technology services, and auto services.
50GF Score

Get the complete analysis for SDA

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

$0.85
Price
$8.78
GF Value