IBF Financial Holdings Co (TPE:2889) Scaled Net Operating Assets: 0.20 (As of Dec. 2025)


TPE:2889 IBF Financial Holdings Co Ltd TPE:2889
63 GF Score
Price NT$14.85
GF Value NT$16.26
Valuation Fairly Valued
! 4 Warning Signs
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What is IBF Financial Holdings Co Scaled Net Operating Assets?

IBF Financial Holdings Co TPE:2889 63 Scaled Net Operating Assets is 0.20 as of Dec. 2025. GuruFocus rates TPE:2889 with a GF Score™ of 63/100 and a GF Value™ of NT$16.26 (Fairly Valued). The stock has 4 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.

IBF Financial Holdings Co's operating assets for the quarter that ended in Dec. 2025 was NT$444,514 Mil. IBF Financial Holdings Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$357,207 Mil. IBF Financial Holdings Co's Total Assets for the quarter that ended in Sep. 2025 was NT$430,164 Mil. Therefore, IBF Financial Holdings Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.20.

TPE:2889
63GF Score
IBF Financial Holdings Co Ltd TPE:2889
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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IBF Financial Holdings 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.

IBF Financial Holdings 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 )
=(444514.17-357207.424)/403677.065
=0.22

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=448459.426 - 3945.256
=444514.17

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=394357.759 - 37150.335 - 0
=357207.424

IBF Financial Holdings 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 )
=(444514.17-357207.424)/430163.693
=0.20

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=448459.426 - 3945.256
=444514.17

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=394357.759 - 37150.335 - 0
=357207.424

* 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 0.20 mean?
IBF Financial Holdings Co (TPE:2889) has a Scaled Net Operating Assets of 0.20 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 IBF Financial Holdings Co and its competitors.
Is IBF Financial Holdings Co's Scaled Net Operating Assets too high?
IBF Financial Holdings Co's current Scaled Net Operating Assets is 0.20. Overall, IBF Financial Holdings Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IBF Financial Holdings Co's Scaled Net Operating Assets compare to MS and GS?
IBF Financial Holdings Co's Scaled Net Operating Assets of 0.20 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 IBF Financial Holdings Co and its competitors. IBF Financial Holdings Co's current Scaled Net Operating Assets is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IBF Financial Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, IBF Financial Holdings Co (TPE:2889) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.26, compared to a current price of NT$14.85 — trading 8.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.20. IBF Financial Holdings Co's overall GF Score™ is 63/100 with 4 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 IBF Financial Holdings Co (TPE:2889), the current Scaled Net Operating Assets is 0.20 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 IBF Financial Holdings Co (TPE:2889) Overvalued in 2026?

Based on GuruFocus' analysis, IBF Financial Holdings Co stock appears to be undervalued. The current stock price of NT$14.85 is trading 8.7% below its estimated GF Value™ of NT$16.26. GuruFocus considers IBF Financial Holdings Co to be Fairly Valued.

Key valuation signals for TPE:2889:

  • Scaled Net Operating Assets: 0.20
  • GF Value™: NT$16.26 vs. price of NT$14.85 (8.7% below fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the TPE:2889 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

IBF Financial Holdings Co Business Description

Address No. 17, Lequn Third Road, 128th Floor, Zhongshan District, Taipei, TWN, 104
IBF Financial Holdings Co Ltd along with its subsidiaries is engaged in underwriting, certification as well as endorsements and guarantees of short-term bills; trading and underwriting securities such as commercial papers and bonds; consignment trading of securities; financing and short selling as well as lending and borrowing business of securities; trading as well as introducing brokerage services of futures; agency and leasing business of real estate and movables as well as venture capital business. Its operating segments are: Bills finance companies, Securities Firm, and Others.
63GF Score

Get the complete analysis for TPE:2889

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

NT$14.85
Price
NT$16.26
GF Value