MITAC Holdings (TPE:3706) Scaled Net Operating Assets: 0.52 (As of Dec. 2025)


TPE:3706 MITAC Holdings Corp TPE:3706
86 GF Score
Price NT$88.20
GF Value NT$130.01
Valuation Significantly Undervalued
! 3 Warning Signs
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What is MITAC Holdings Scaled Net Operating Assets?

MITAC Holdings TPE:3706 +0.23% 86 Scaled Net Operating Assets is 0.52 as of Dec. 2025. GuruFocus rates TPE:3706 with a GF Score™ of 86/100 and a GF Value™ of NT$130.01 (Significantly Undervalued). The stock has 3 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.

MITAC Holdings's operating assets for the quarter that ended in Dec. 2025 was NT$109,277 Mil. MITAC Holdings's operating liabilities for the quarter that ended in Dec. 2025 was NT$50,464 Mil. MITAC Holdings's Total Assets for the quarter that ended in Sep. 2025 was NT$113,532 Mil. Therefore, MITAC Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.52.


MITAC Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for MITAC Holdings'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.

MITAC Holdings Scaled Net Operating Assets Chart

MITAC Holdings 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 0.83 0.73 0.61 0.59 0.51

MITAC Holdings 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 0.57 0.51 0.54 0.64 0.52

TPE:3706 vs SNDK, DELL, STX: Scaled Net Operating Assets Comparison

For the Computer Hardware subindustry, MITAC Holdings'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.


MITAC Holdings Scaled Net Operating Assets vs Hardware Industry

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

* The bar in red indicates where MITAC Holdings's Scaled Net Operating Assets falls into.


TPE:3706
86GF Score
MITAC Holdings Corp TPE:3706
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MITAC Holdings 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.

MITAC Holdings'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 )
=(109276.891-50464.036)/114964.731
=0.51

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=130917.462 - 21640.571
=109276.891

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=61274.35 - 8448.495 - 2361.819
=50464.036

MITAC Holdings'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 )
=(109276.891-50464.036)/113532.209
=0.52

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=130917.462 - 21640.571
=109276.891

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=61274.35 - 8448.495 - 2361.819
=50464.036

* 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 0.52 mean?
MITAC Holdings (TPE:3706) has a Scaled Net Operating Assets of 0.52 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 MITAC Holdings and its competitors.
Is MITAC Holdings' Scaled Net Operating Assets too high?
MITAC Holdings' current Scaled Net Operating Assets is 0.52. Overall, MITAC Holdings has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MITAC Holdings' Scaled Net Operating Assets compare to SNDK and DELL?
MITAC Holdings' Scaled Net Operating Assets of 0.52 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 MITAC Holdings and its competitors. MITAC Holdings's current Scaled Net Operating Assets is 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MITAC Holdings stock overvalued right now?
Based on GuruFocus' analysis, MITAC Holdings (TPE:3706) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$130.01, compared to a current price of NT$88.20 — trading 32.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.52. MITAC Holdings' overall GF Score™ is 86/100 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 MITAC Holdings (TPE:3706), the current Scaled Net Operating Assets is 0.52 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 MITAC Holdings (TPE:3706) Overvalued in 2026?

Based on GuruFocus' analysis, MITAC Holdings stock appears to be undervalued. The current stock price of NT$88.20 is trading 32.2% below its estimated GF Value™ of NT$130.01. GuruFocus considers MITAC Holdings to be Significantly Undervalued.

Key valuation signals for TPE:3706:

  • Scaled Net Operating Assets: 0.52
  • GF Value™: NT$130.01 vs. price of NT$88.20 (32.2% below fair value)
  • GF Score™: 86/100 with 3 warning signs

No single metric tells the full story. See the TPE:3706 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MITAC Holdings Business Description

Address No. 202, Wenhua 2nd Road, Guishan District, Taoyuan, TWN, 33383
MITAC Holdings Corp is a holding company whose subsidiaries offer a range of electronics manufacturing services. It is engaged in designing, manufacturing, and distributing servers and storage products across various architectures in public cloud, private cloud, and hybrid cloud environments. The smart mobile device and cloud service business group builds application ecosystems that bridge cloud service and smart mobile devices. It serves industries such as finance, technology, retail, education, and manufacturing. The company brands include Mio, Magellan, Navman, and Tyan.
86GF Score

Get the complete analysis for TPE:3706

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

NT$88.20
Price
NT$130.01
GF Value