Desiccant Technology (TPE:5292) Scaled Net Operating Assets: -0.05 (As of Dec. 2025)


TPE:5292 Desiccant Technology Corp TPE:5292
94 GF Score
Price NT$227.00
GF Value NT$169.16
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Desiccant Technology Scaled Net Operating Assets?

Desiccant Technology TPE:5292 +3.18% 94 Scaled Net Operating Assets is -0.05 as of Dec. 2025. GuruFocus rates TPE:5292 with a GF Score™ of 94/100 and a GF Value™ of NT$169.16 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Desiccant Technology's operating assets for the quarter that ended in Dec. 2025 was NT$1,830 Mil. Desiccant Technology's operating liabilities for the quarter that ended in Dec. 2025 was NT$2,028 Mil. Desiccant Technology's Total Assets for the quarter that ended in Sep. 2025 was NT$3,897 Mil. Therefore, Desiccant Technology's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.05.


Desiccant Technology Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Desiccant Technology'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.

Desiccant Technology Scaled Net Operating Assets Chart

Desiccant Technology 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 0.40 0.22 0.11 0.08 -0.06

Desiccant Technology Quarterly Data
Jun20 Dec20 Jun21 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 0.07 0.05 0.08 0.12 -0.05

TPE:5292 vs VLTO, ZWS, CECO: Scaled Net Operating Assets Comparison

For the Pollution & Treatment Controls subindustry, Desiccant Technology'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.


Desiccant Technology Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Desiccant Technology's Scaled Net Operating Assets distribution charts can be found below:

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


TPE:5292
94GF Score
Desiccant Technology Corp TPE:5292
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Desiccant Technology 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.

Desiccant Technology'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 )
=(1830.375-2028.302)/3370.057
=-0.06

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4314.239 - 2483.864
=1830.375

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2391.015 - 0.467 - 362.246
=2028.302

Desiccant Technology'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 )
=(1830.375-2028.302)/3897.471
=-0.05

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4314.239 - 2483.864
=1830.375

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2391.015 - 0.467 - 362.246
=2028.302

* 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 -0.05 mean?
Desiccant Technology (TPE:5292) has a Scaled Net Operating Assets of -0.05 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 Desiccant Technology and its competitors.
Is Desiccant Technology's Scaled Net Operating Assets too high?
Desiccant Technology's current Scaled Net Operating Assets is -0.05. Overall, Desiccant Technology has a GF Score™ of 94/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Desiccant Technology's Scaled Net Operating Assets compare to VLTO and ZWS?
Desiccant Technology's Scaled Net Operating Assets of -0.05 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 Desiccant Technology and its competitors. Desiccant Technology's current Scaled Net Operating Assets is -0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desiccant Technology stock overvalued right now?
Based on GuruFocus' analysis, Desiccant Technology (TPE:5292) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$169.16, compared to a current price of NT$227.00 — trading 34.2% above its estimated fair value. The current Scaled Net Operating Assets is -0.05. Desiccant Technology's overall GF Score™ is 94/100 with 1 warning sign 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 Desiccant Technology (TPE:5292), the current Scaled Net Operating Assets is -0.05 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 Desiccant Technology (TPE:5292) Overvalued in 2026?

Based on GuruFocus' analysis, Desiccant Technology stock appears to be overvalued. The current stock price of NT$227.00 is trading 34.2% above its estimated GF Value™ of NT$169.16. GuruFocus considers Desiccant Technology to be Significantly Overvalued.

Key valuation signals for TPE:5292:

  • Scaled Net Operating Assets: -0.05
  • GF Value™: NT$169.16 vs. price of NT$227.00 (34.2% above fair value)
  • GF Score™: 94/100 with 1 warning sign

No single metric tells the full story. See the TPE:5292 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Desiccant Technology Business Description

Address Zhongshan Road, 17th floor, No.88, Zhongli District, Taoyuan, TWN, 32041
Desiccant Technology Corp engages mainly in manufacturing industrial dehumidification equipment, drying equipment, pollution control equipment, designing installation projects, contracting, and importing and exporting related products. The Group operates in three principal geographical areas - Taiwan, China, and Singapore. It generates the majority of its revenue from Taiwan.
94GF Score

Get the complete analysis for TPE:5292

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

NT$227.00
Price
NT$169.16
GF Value