Ledtech Electronics (TPE:6164) Scaled Net Operating Assets: 0.48 (As of Mar. 2026)

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TPE:6164 Ledtech Electronics Corp TPE:6164
67 GF Score
Price NT$11.35
GF Value NT$11.97
Valuation Fairly Valued
! 4 Warning Signs
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What is Ledtech Electronics Scaled Net Operating Assets?

Ledtech Electronics TPE:6164 +4.13% 67 Scaled Net Operating Assets is 0.48 as of Mar. 2026. GuruFocus rates TPE:6164 with a GF Score™ of 67/100 and a GF Value™ of NT$11.97 (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.

Ledtech Electronics's operating assets for the quarter that ended in Mar. 2026 was NT$995.6 Mil. Ledtech Electronics's operating liabilities for the quarter that ended in Mar. 2026 was NT$306.4 Mil. Ledtech Electronics's Total Assets for the quarter that ended in Dec. 2025 was NT$1,439.9 Mil. Therefore, Ledtech Electronics's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.48.


Ledtech Electronics Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Ledtech Electronics'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.

Ledtech Electronics Scaled Net Operating Assets Chart

Ledtech Electronics 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 0.54 0.48 0.44 0.44 0.46

Ledtech Electronics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.50 0.42 0.45 0.45 0.48

TPE:6164 vs VRT, BE: Scaled Net Operating Assets Comparison

For the Electrical Equipment & Parts subindustry, Ledtech Electronics'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.


Ledtech Electronics Scaled Net Operating Assets vs Industrial Products Industry

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

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


TPE:6164
67GF Score
Ledtech Electronics Corp TPE:6164
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ledtech Electronics 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.

Ledtech Electronics'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 )
=(979.928-301.982)/1465.576
=0.46

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1439.871 - 459.943
=979.928

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=515.189 - 32.229 - 180.978
=301.982

Ledtech Electronics's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(995.558-306.368)/1439.871
=0.48

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1500.36 - 504.802
=995.558

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=554.408 - 25.595 - 222.445
=306.368

* 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 0.48 mean?
Ledtech Electronics (TPE:6164) has a Scaled Net Operating Assets of 0.48 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Ledtech Electronics and its competitors.
Is Ledtech Electronics' Scaled Net Operating Assets too high?
Ledtech Electronics' current Scaled Net Operating Assets is 0.48. Overall, Ledtech Electronics has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ledtech Electronics' Scaled Net Operating Assets compare to VRT and BE?
Ledtech Electronics' Scaled Net Operating Assets of 0.48 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 Ledtech Electronics and its competitors. Ledtech Electronics's current Scaled Net Operating Assets is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ledtech Electronics stock overvalued right now?
Based on GuruFocus' analysis, Ledtech Electronics (TPE:6164) is currently considered Fairly Valued. The stock's GF Value™ is NT$11.97, compared to a current price of NT$11.35 — trading 5.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.48. Ledtech Electronics' overall GF Score™ is 67/100 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 Ledtech Electronics (TPE:6164), the current Scaled Net Operating Assets is 0.48 as of Mar. 2026. 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 Ledtech Electronics (TPE:6164) Overvalued in 2026?

Based on GuruFocus' analysis, Ledtech Electronics stock appears to be undervalued. The current stock price of NT$11.35 is trading 5.2% below its estimated GF Value™ of NT$11.97. GuruFocus considers Ledtech Electronics to be Fairly Valued.

Key valuation signals for TPE:6164:

  • Scaled Net Operating Assets: 0.48
  • GF Value™: NT$11.97 vs. price of NT$11.35 (5.2% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the TPE:6164 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ledtech Electronics Business Description

Address Zhongzheng Road, 5th Floor, No. 542-5, Xindian District, New Taipei City, TWN, 231
Ledtech Electronics Corp is a Taiwan-based company engaged in R&D, manufacturing, processing, and trading of LED displays in different specifications and sizes. Its product portfolio comprises LED lamps, LED displays, LED chips, LED backlights, LED light strips and tubes, and others. Geographically, the firm derives the majority of its revenue from Asia.
67GF Score

Get the complete analysis for TPE:6164

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

NT$11.35
Price
NT$11.97
GF Value