Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Taiwan Navigation Co's operating assets for the quarter that ended in Dec. 2025 was NT$22,972 Mil. Taiwan Navigation Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$1,856 Mil. Taiwan Navigation Co's Total Assets for the quarter that ended in Sep. 2025 was NT$25,580 Mil. Therefore, Taiwan Navigation Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.83.
Taiwan Navigation Co Scaled Net Operating Assets Related Terms
Taiwan Navigation Co Scaled Net Operating Assets Historical Data
* Premium members only.
The historical data trend for Taiwan Navigation 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.
Taiwan Navigation Co Scaled Net Operating Assets Chart
Taiwan Navigation Co Scaled Net Operating Assets Competitor Comparison
For the Marine Shipping subindustry, Taiwan Navigation 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.
Taiwan Navigation Co Scaled Net Operating Assets vs Transportation Industry
For the Transportation industry and Industrials sector, Taiwan Navigation Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Taiwan Navigation Co's Scaled Net Operating Assets falls into.
* 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 0.83 mean?
Taiwan Navigation Co (TPE:2617) has a Scaled Net Operating Assets of 0.83 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 Taiwan Navigation Co and its competitors.
Is Taiwan Navigation Co's Scaled Net Operating Assets too high?
Taiwan Navigation Co's current Scaled Net Operating Assets is 0.83. Overall, Taiwan Navigation Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Navigation Co's Scaled Net Operating Assets compare to competitors?
Taiwan Navigation Co's Scaled Net Operating Assets of 0.83 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 Taiwan Navigation Co and its competitors. Taiwan Navigation Co's current Scaled Net Operating Assets is 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Navigation Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Navigation Co (TPE:2617) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$34.54, compared to a current price of NT$30.50 — trading 11.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.83. Taiwan Navigation Co's overall GF Score™ is 89/100 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 Taiwan Navigation Co (TPE:2617), the current Scaled Net Operating Assets is 0.83 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 Taiwan Navigation Co (TPE:2617) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Navigation Co stock appears to be undervalued.
The current stock price of NT$30.50 is trading 11.7% below its estimated GF Value™ of NT$34.54.
GuruFocus considers Taiwan Navigation Co to be Modestly Undervalued.
Key valuation signals for TPE:2617:
Scaled Net Operating Assets: 0.83
GF Value™: NT$34.54 vs. price of NT$30.50 (11.7% below fair value)
No single metric tells the full story. See the TPE:2617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Navigation Co Ltd mainly engages in passenger and freight transport via water, port warehousing, aquatics and mining, and navigation channel dredging. Additionally, it acts as a shipping agency, provides tugboats, and acts as a landowner in agreements with construction companies for the use of its land for the construction of residential and commercial buildings for sale and rental. Geographically, the Group generates maximum revenue from Asia, followed by Europe and other regions.
89GF Score
Get the complete analysis for TPE:2617
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:2617 has been successfully added to your 
