THQQF (Embracer Group AB) Scaled Net Operating Assets: 0.46 (As of Mar. 2026)


THQQF Embracer Group AB THQQF
64 GF Score
Price $6.10
GF Value $4.07
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Embracer Group AB Scaled Net Operating Assets?

Embracer Group AB THQQF 64 Scaled Net Operating Assets is 0.46 as of Mar. 2026. GuruFocus rates THQQF with a GF Score™ of 64/100 and a GF Value™ of $4.07 (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.

Embracer Group AB's operating assets for the quarter that ended in Mar. 2026 was $2,344 Mil. Embracer Group AB's operating liabilities for the quarter that ended in Mar. 2026 was $603 Mil. Embracer Group AB's Total Assets for the quarter that ended in Dec. 2025 was $3,745 Mil. Therefore, Embracer Group AB's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.46.


Embracer Group AB Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Embracer Group AB'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.

Embracer Group AB Scaled Net Operating Assets Chart

Embracer Group AB Annual Data
Trend Dec15 Dec16 Dec17 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 0.81 0.61 0.28 0.42

Embracer Group AB 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 0.32 0.66 0.66 0.60 0.47

THQQF vs NTES, EA, TTWO: Scaled Net Operating Assets Comparison

For the Electronic Gaming & Multimedia subindustry, Embracer Group AB'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.


Embracer Group AB Scaled Net Operating Assets vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Embracer Group AB's Scaled Net Operating Assets distribution charts can be found below:

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


THQQF
64GF Score
Embracer Group AB THQQF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Embracer Group AB 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.

Embracer Group AB's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(2344.159-603.185)/4158.179
=0.42

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2876.186 - 532.027
=2344.159

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=779.955 - 73.842 - 102.928
=603.185

Embracer Group AB'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 )
=(2344.159-603.185)/3744.875
=0.46

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2876.186 - 532.027
=2344.159

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=779.955 - 73.842 - 102.928
=603.185

* 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 0.46 mean?
Embracer Group AB (THQQF) has a Scaled Net Operating Assets of 0.46 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 Embracer Group AB and its competitors.
Is Embracer Group AB's Scaled Net Operating Assets too high?
Embracer Group AB's current Scaled Net Operating Assets is 0.46. Overall, Embracer Group AB has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Embracer Group AB's Scaled Net Operating Assets compare to NTES and EA?
Embracer Group AB's Scaled Net Operating Assets of 0.46 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Scaled Net Operating Assets depends on the Interactive Media 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 Embracer Group AB and its competitors. Embracer Group AB's current Scaled Net Operating Assets is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Embracer Group AB stock overvalued right now?
Based on GuruFocus' analysis, Embracer Group AB (THQQF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.07, compared to a current price of $6.10 — trading 49.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.46. Embracer Group AB's overall GF Score™ is 64/100 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 Embracer Group AB (THQQF), the current Scaled Net Operating Assets is 0.46 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 Embracer Group AB (THQQF) Overvalued in 2026?

Based on GuruFocus' analysis, Embracer Group AB stock appears to be overvalued. The current stock price of $6.10 is trading 49.9% above its estimated GF Value™ of $4.07. GuruFocus considers Embracer Group AB to be Significantly Overvalued.

Key valuation signals for THQQF:

  • Scaled Net Operating Assets: 0.46
  • GF Value™: $4.07 vs. price of $6.10 (49.9% above fair value)
  • GF Score™: 64/100 with 2 warning signs

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


Embracer Group AB Business Description

Address Tullhusgatan 1B, Karlstad, SWE, 652 09
Embracer Group AB is a parent company of businesses led by entrepreneurs in PC, console, mobile, and board games and other related media. The Group has an extensive catalog of several owned or controlled franchises and has a presence in various regions through its operative groups, namely THQ Nordic, Plaion, Coffee Stain, Amplifier Game Invest, and others. Its operating segments are: PC/Console Games, Mobile Games, and Entertainment & Services. Maximum revenue is derived from the Entertainment & Services segment, which is engaged in the development, publishing, and distribution of comic books, wholesale of publishing titles of games for console and PC, as well as films, and externally distributes films and TV series. Geographically, the Group generates maximum revenue from the USA.
64GF Score

Get the complete analysis for THQQF

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

$6.10
Price
$4.07
GF Value