SMOPF (Smartoptics Group ASA) Scaled Net Operating Assets: 0.42 (As of Mar. 2026)


SMOPF Smartoptics Group ASA SMOPF
89 GF Score
Price $5.00
GF Value $3.04
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Smartoptics Group ASA Scaled Net Operating Assets?

Smartoptics Group ASA SMOPF -2.91% 89 Scaled Net Operating Assets is 0.42 as of Mar. 2026. GuruFocus rates SMOPF with a GF Score™ of 89/100 and a GF Value™ of $3.04 (Significantly Overvalued). The stock has 2 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.

Smartoptics Group ASA's operating assets for the quarter that ended in Mar. 2026 was $48.37 Mil. Smartoptics Group ASA's operating liabilities for the quarter that ended in Mar. 2026 was $24.67 Mil. Smartoptics Group ASA's Total Assets for the quarter that ended in Dec. 2025 was $56.12 Mil. Therefore, Smartoptics Group ASA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.42.


Smartoptics Group ASA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Smartoptics Group ASA'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.

Smartoptics Group ASA Scaled Net Operating Assets Chart

Smartoptics Group ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.60 0.64 0.51 0.46 0.49

Smartoptics Group ASA 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 0.45 0.46 0.55 0.47 0.42

SMOPF vs CSCO, CIEN, MSI: Scaled Net Operating Assets Comparison

For the Communication Equipment subindustry, Smartoptics Group ASA'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.


Smartoptics Group ASA Scaled Net Operating Assets vs Hardware Industry

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

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


SMOPF
89GF Score
Smartoptics Group ASA SMOPF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Smartoptics Group ASA 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.

Smartoptics Group ASA'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 )
=(48.833-24.878)/48.906
=0.49

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=56.115 - 7.282
=48.833

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=25.851 - 0.251 - 0.722
=24.878

Smartoptics Group ASA'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 )
=(48.373-24.666)/56.115
=0.42

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=56.771 - 8.398
=48.373

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=25.125 - 0.201 - 0.258
=24.666

* 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 0.42 mean?
Smartoptics Group ASA (SMOPF) has a Scaled Net Operating Assets of 0.42 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 Smartoptics Group ASA and its competitors.
Is Smartoptics Group ASA's Scaled Net Operating Assets too high?
Smartoptics Group ASA's current Scaled Net Operating Assets is 0.42. Overall, Smartoptics Group ASA has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smartoptics Group ASA's Scaled Net Operating Assets compare to CSCO and CIEN?
Smartoptics Group ASA's Scaled Net Operating Assets of 0.42 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 Smartoptics Group ASA and its competitors. Smartoptics Group ASA's current Scaled Net Operating Assets is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartoptics Group ASA stock overvalued right now?
Based on GuruFocus' analysis, Smartoptics Group ASA (SMOPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.04, compared to a current price of $5.00 — trading 64.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.42. Smartoptics Group ASA's overall GF Score™ is 89/100 with 2 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 Smartoptics Group ASA (SMOPF), the current Scaled Net Operating Assets is 0.42 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 Smartoptics Group ASA (SMOPF) Overvalued in 2026?

Based on GuruFocus' analysis, Smartoptics Group ASA stock appears to be overvalued. The current stock price of $5.00 is trading 64.5% above its estimated GF Value™ of $3.04. GuruFocus considers Smartoptics Group ASA to be Significantly Overvalued.

Key valuation signals for SMOPF:

  • Scaled Net Operating Assets: 0.42
  • GF Value™: $3.04 vs. price of $5.00 (64.5% above fair value)
  • GF Score™: 89/100 with 2 warning signs

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


Smartoptics Group ASA Business Description

Address Brynsalleen 2, Oslo, NOR, 0667
Smartoptics Group ASA provides optical networking solutions and devices for open networking. The company has three main product categories: Solutions, Optical Devices, and Software & Services. These products are used to construct various Enterprise, Governmental, DCI, Metro, and Regional networks. The Solutions consist of the DCP-R family, DCP-F family, DCP-M family, transponders, and Muxponders, as well as transceivers used in connection with the System projects. Optical devices consist of transceivers, passive filters, and accessories that are sold independently of products in the Solutions offering. Software and Services are closely related to Solutions, as customers buy a complete solution including a Software and Services package. Geographically works in America, EMEA, and APAC.
89GF Score

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

$5.00
Price
$3.04
GF Value