Macronix International Co (TPE:2337) Scaled Net Operating Assets: 0.73 (As of Dec. 2025)


TPE:2337 Macronix International Co Ltd TPE:2337
53 GF Score
Price NT$142.50
GF Value NT$49.72
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Macronix International Co Scaled Net Operating Assets?

Macronix International Co TPE:2337 -2.06% 53 Scaled Net Operating Assets is 0.73 as of Dec. 2025. GuruFocus rates TPE:2337 with a GF Score™ of 53/100 and a GF Value™ of NT$49.72 (Significantly Overvalued). The stock has 7 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.

Macronix International Co's operating assets for the quarter that ended in Dec. 2025 was NT$63,580 Mil. Macronix International Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$7,726 Mil. Macronix International Co's Total Assets for the quarter that ended in Sep. 2025 was NT$76,222 Mil. Therefore, Macronix International Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.73.


Macronix International Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Macronix International Co'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.

Macronix International Co Scaled Net Operating Assets Chart

Macronix International Co 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 0.64 0.68 0.75 0.72

Macronix International Co 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 0.74 0.76 0.74 0.73 0.73

TPE:2337 vs NVDA, AVGO, MU: Scaled Net Operating Assets Comparison

For the Semiconductors subindustry, Macronix International Co'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.


Macronix International Co Scaled Net Operating Assets vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Macronix International Co's Scaled Net Operating Assets distribution charts can be found below:

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


TPE:2337
53GF Score
Macronix International Co Ltd TPE:2337
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Macronix International Co 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.

Macronix International Co'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 )
=(63580.23-7725.876)/77876.354
=0.72

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=78500.385 - 14920.155
=63580.23

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=32692.784 - 18030.331 - 6936.577
=7725.876

Macronix International Co'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 )
=(63580.23-7725.876)/76222.149
=0.73

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=78500.385 - 14920.155
=63580.23

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=32692.784 - 18030.331 - 6936.577
=7725.876

* 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 0.73 mean?
Macronix International Co (TPE:2337) has a Scaled Net Operating Assets of 0.73 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 Macronix International Co and its competitors.
Is Macronix International Co's Scaled Net Operating Assets too high?
Macronix International Co's current Scaled Net Operating Assets is 0.73. Overall, Macronix International Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Macronix International Co's Scaled Net Operating Assets compare to NVDA and AVGO?
Macronix International Co's Scaled Net Operating Assets of 0.73 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors 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 Macronix International Co and its competitors. Macronix International Co's current Scaled Net Operating Assets is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macronix International Co stock overvalued right now?
Based on GuruFocus' analysis, Macronix International Co (TPE:2337) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$49.72, compared to a current price of NT$142.50 — trading 186.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.73. Macronix International Co's overall GF Score™ is 53/100 with 7 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 Macronix International Co (TPE:2337), the current Scaled Net Operating Assets is 0.73 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 Macronix International Co (TPE:2337) Overvalued in 2026?

Based on GuruFocus' analysis, Macronix International Co stock appears to be overvalued. The current stock price of NT$142.50 is trading 186.6% above its estimated GF Value™ of NT$49.72. GuruFocus considers Macronix International Co to be Significantly Overvalued.

Key valuation signals for TPE:2337:

  • Scaled Net Operating Assets: 0.73
  • GF Value™: NT$49.72 vs. price of NT$142.50 (186.6% above fair value)
  • GF Score™: 53/100 with 7 warning signs

No single metric tells the full story. See the TPE:2337 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macronix International Co Business Description

Address No. 16 Li-Hsin Road, Science Park, Hsin-Chu, TWN
Macronix International Co Ltd designs, manufactures, and supplies integrated circuits and memory chips. It specializes in nonvolatile memory devices, including NOR Flash, NAND Flash, and read-only memory products. The Company also performs design, research and development, consultation and trade of relevant products. The company operates as a single reportable segment: the memory products and wafer fabrication segment. The firm operates in four Products: Flash, ROM, Foundry, and Others. The majority of revenue is from Flash Product. The company operates in Taiwan, China, and other countries generating key revenue from Taiwan region.
53GF Score

Get the complete analysis for TPE:2337

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

NT$142.50
Price
NT$49.72
GF Value