Mercuries Life Insurance Co (TPE:2867) Scaled Net Operating Assets: -0.01 (As of Dec. 2025)


TPE:2867 Mercuries Life Insurance Co Ltd TPE:2867
58 GF Score
Price NT$8.50
GF Value NT$5.32
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Mercuries Life Insurance Co Scaled Net Operating Assets?

Mercuries Life Insurance Co TPE:2867 +3.03% 58 Scaled Net Operating Assets is -0.01 as of Dec. 2025. GuruFocus rates TPE:2867 with a GF Score™ of 58/100 and a GF Value™ of NT$5.32 (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.

Mercuries Life Insurance Co's operating assets for the quarter that ended in Dec. 2025 was NT$1,567,281 Mil. Mercuries Life Insurance Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$1,589,857 Mil. Mercuries Life Insurance Co's Total Assets for the quarter that ended in Sep. 2025 was NT$1,596,350 Mil. Therefore, Mercuries Life Insurance Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.01.

TPE:2867
58GF Score
Mercuries Life Insurance Co Ltd TPE:2867
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercuries Life Insurance 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.

Mercuries Life Insurance 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 )
=(1581845.271-1589857.15)/1625142.67
=-0.00

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1659268.553 - 77423.282
=1581845.271

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1618918.264 - 29061.114 - 0
=1589857.15

Mercuries Life Insurance 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 )
=(1567281.37-1589857.15)/1596349.676
=-0.01

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1659268.553 - 91987.183
=1567281.37

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1618918.264 - 29061.114 - 0
=1589857.15

* 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 -0.01 mean?
Mercuries Life Insurance Co (TPE:2867) has a Scaled Net Operating Assets of -0.01 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 Mercuries Life Insurance Co and its competitors.
Is Mercuries Life Insurance Co's Scaled Net Operating Assets too high?
Mercuries Life Insurance Co's current Scaled Net Operating Assets is -0.01. Overall, Mercuries Life Insurance Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercuries Life Insurance Co's Scaled Net Operating Assets compare to AFL and MET?
Mercuries Life Insurance Co's Scaled Net Operating Assets of -0.01 can be compared against companies in the Insurance 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 Insurance company?
A good Scaled Net Operating Assets depends on the Insurance 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 Mercuries Life Insurance Co and its competitors. Mercuries Life Insurance Co's current Scaled Net Operating Assets is -0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercuries Life Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, Mercuries Life Insurance Co (TPE:2867) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$5.32, compared to a current price of NT$8.50 — trading 59.8% above its estimated fair value. The current Scaled Net Operating Assets is -0.01. Mercuries Life Insurance Co's overall GF Score™ is 58/100 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 Mercuries Life Insurance Co (TPE:2867), the current Scaled Net Operating Assets is -0.01 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 Mercuries Life Insurance Co (TPE:2867) Overvalued in 2026?

Based on GuruFocus' analysis, Mercuries Life Insurance Co stock appears to be overvalued. The current stock price of NT$8.50 is trading 59.8% above its estimated GF Value™ of NT$5.32. GuruFocus considers Mercuries Life Insurance Co to be Significantly Overvalued.

Key valuation signals for TPE:2867:

  • Scaled Net Operating Assets: -0.01
  • GF Value™: NT$5.32 vs. price of NT$8.50 (59.8% above fair value)
  • GF Score™: 58/100 with 7 warning signs

No single metric tells the full story. See the TPE:2867 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mercuries Life Insurance Co Business Description

Address Shitan Road, 1st Floor, No. 58, Neihu District, Taipei, TWN, 114
Mercuries Life Insurance Co Ltd is a Taiwanese financial services company engaged in the life insurance business.
58GF Score

Get the complete analysis for TPE:2867

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

NT$8.50
Price
NT$5.32
GF Value