Aces Electronic Co (TPE:3605) Scaled Net Operating Assets: 0.61 (As of Dec. 2025)


TPE:3605 Aces Electronic Co Ltd TPE:3605
77 GF Score
Price NT$85.60
GF Value NT$55.55
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Aces Electronic Co Scaled Net Operating Assets?

Aces Electronic Co TPE:3605 +9.88% 77 Scaled Net Operating Assets is 0.61 as of Dec. 2025. GuruFocus rates TPE:3605 with a GF Score™ of 77/100 and a GF Value™ of NT$55.55 (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.

Aces Electronic Co's operating assets for the quarter that ended in Dec. 2025 was NT$12,296 Mil. Aces Electronic Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$3,680 Mil. Aces Electronic Co's Total Assets for the quarter that ended in Sep. 2025 was NT$14,141 Mil. Therefore, Aces Electronic Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.61.


Aces Electronic Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Aces Electronic 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.

Aces Electronic Co Scaled Net Operating Assets Chart

Aces Electronic 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 0.62 0.55 0.57 0.65 0.63

Aces Electronic 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 0.60 0.58 0.56 0.63 0.61

TPE:3605 vs APH, GLW: Scaled Net Operating Assets Comparison

For the Electronic Components subindustry, Aces Electronic 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.


Aces Electronic Co Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Aces Electronic Co's Scaled Net Operating Assets distribution charts can be found below:

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


TPE:3605
77GF Score
Aces Electronic Co Ltd TPE:3605
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Aces Electronic 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.

Aces Electronic 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 )
=(12295.789-3679.667)/13596.367
=0.63

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14849.417 - 2553.628
=12295.789

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6915.191 - 2242.787 - 992.737
=3679.667

Aces Electronic 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 )
=(12295.789-3679.667)/14140.664
=0.61

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14849.417 - 2553.628
=12295.789

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6915.191 - 2242.787 - 992.737
=3679.667

* 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 0.61 mean?
Aces Electronic Co (TPE:3605) has a Scaled Net Operating Assets of 0.61 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 Aces Electronic Co and its competitors.
Is Aces Electronic Co's Scaled Net Operating Assets too high?
Aces Electronic Co's current Scaled Net Operating Assets is 0.61. Overall, Aces Electronic Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aces Electronic Co's Scaled Net Operating Assets compare to APH and GLW?
Aces Electronic Co's Scaled Net Operating Assets of 0.61 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 Aces Electronic Co and its competitors. Aces Electronic Co's current Scaled Net Operating Assets is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aces Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Aces Electronic Co (TPE:3605) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$55.55, compared to a current price of NT$85.60 — trading 54.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.61. Aces Electronic Co's overall GF Score™ is 77/100 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 Aces Electronic Co (TPE:3605), the current Scaled Net Operating Assets is 0.61 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 Aces Electronic Co (TPE:3605) Overvalued in 2026?

Based on GuruFocus' analysis, Aces Electronic Co stock appears to be overvalued. The current stock price of NT$85.60 is trading 54.1% above its estimated GF Value™ of NT$55.55. GuruFocus considers Aces Electronic Co to be Significantly Overvalued.

Key valuation signals for TPE:3605:

  • Scaled Net Operating Assets: 0.61
  • GF Value™: NT$55.55 vs. price of NT$85.60 (54.1% above fair value)
  • GF Score™: 77/100 with 7 warning signs

No single metric tells the full story. See the TPE:3605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aces Electronic Co Business Description

Address No.13, Dongyuan Road, Jhongli District, Taoyuan, TWN, 32063
Aces Electronic Co Ltd is engaged in the electronic components business sector. It is mainly engaged in processing, manufacturing, and selling connectors, connector cable sets, metal stamping parts, and other electronic components. Its segments include Connectors which derives key revenue, Cables, Metal stamping, and others. Geographically, the majority of the company's revenue is generated from China and the rest from Taiwan, Philippines, the United States of America, and other countries.
77GF Score

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

NT$85.60
Price
NT$55.55
GF Value