Apogee Optocom Co (TPE:6426) Scaled Net Operating Assets: 0.37 (As of Dec. 2025)


TPE:6426 Apogee Optocom Co Ltd TPE:6426
58 GF Score
Price NT$201.00
GF Value NT$88.74
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Apogee Optocom Co Scaled Net Operating Assets?

Apogee Optocom Co TPE:6426 +4.42% 58 Scaled Net Operating Assets is 0.37 as of Dec. 2025. GuruFocus rates TPE:6426 with a GF Score™ of 58/100 and a GF Value™ of NT$88.74 (Significantly Overvalued). The stock has 2 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.

Apogee Optocom Co's operating assets for the quarter that ended in Dec. 2025 was NT$455.7 Mil. Apogee Optocom Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$83.8 Mil. Apogee Optocom Co's Total Assets for the quarter that ended in Sep. 2025 was NT$998.9 Mil. Therefore, Apogee Optocom Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.37.


Apogee Optocom Co Scaled Net Operating Assets Historical Data

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The historical data trend for Apogee Optocom 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.

Apogee Optocom Co Scaled Net Operating Assets Chart

Apogee Optocom 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 0.56 0.52 0.45 0.38 0.35

Apogee Optocom 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 0.43 0.43 0.38 0.42 0.37

TPE:6426 vs CSCO, CIEN, MSI: Scaled Net Operating Assets Comparison

For the Communication Equipment subindustry, Apogee Optocom 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.


Apogee Optocom Co Scaled Net Operating Assets vs Hardware Industry

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

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


TPE:6426
58GF Score
Apogee Optocom Co Ltd TPE:6426
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Apogee Optocom 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.

Apogee Optocom 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 )
=(455.658-83.797)/1062.653
=0.35

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1020.222 - 564.564
=455.658

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=116.185 - 2.701 - 29.687
=83.797

Apogee Optocom 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 )
=(455.658-83.797)/998.879
=0.37

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1020.222 - 564.564
=455.658

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=116.185 - 2.701 - 29.687
=83.797

* 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 0.37 mean?
Apogee Optocom Co (TPE:6426) has a Scaled Net Operating Assets of 0.37 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 Apogee Optocom Co and its competitors.
Is Apogee Optocom Co's Scaled Net Operating Assets too high?
Apogee Optocom Co's current Scaled Net Operating Assets is 0.37. Overall, Apogee Optocom Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apogee Optocom Co's Scaled Net Operating Assets compare to CSCO and CIEN?
Apogee Optocom Co's Scaled Net Operating Assets of 0.37 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 Apogee Optocom Co and its competitors. Apogee Optocom Co's current Scaled Net Operating Assets is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apogee Optocom Co stock overvalued right now?
Based on GuruFocus' analysis, Apogee Optocom Co (TPE:6426) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$88.74, compared to a current price of NT$201.00 — trading 126.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.37. Apogee Optocom Co's overall GF Score™ is 58/100 with 2 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 Apogee Optocom Co (TPE:6426), the current Scaled Net Operating Assets is 0.37 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 Apogee Optocom Co (TPE:6426) Overvalued in 2026?

Based on GuruFocus' analysis, Apogee Optocom Co stock appears to be overvalued. The current stock price of NT$201.00 is trading 126.5% above its estimated GF Value™ of NT$88.74. GuruFocus considers Apogee Optocom Co to be Significantly Overvalued.

Key valuation signals for TPE:6426:

  • Scaled Net Operating Assets: 0.37
  • GF Value™: NT$88.74 vs. price of NT$201.00 (126.5% above fair value)
  • GF Score™: 58/100 with 2 warning signs

No single metric tells the full story. See the TPE:6426 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apogee Optocom Co Business Description

Address Nan-Ke 3rd Road, No. 7, 4th Floor, Hsin-shi District, Tainan, TWN
Apogee Optocom Co Ltd is a communication component manufacturer based in Taiwan. Its product offerings mainly include thin-film filters for active optical communication components (E-PON, G-PON) and thin-film filters for passive optical communication components (CWDM, DWDM). Additionally, Group is involved in optical and functional thin film processing, and offers optical filters for 1.6T Gbps optical communication modules, co-packaged optics coating applications, and bandpass filters for mid-infrared (MIR) sensors. It also offers measurement instruments like white light interferometers, spectrometers, and mid and far-infrared spectrometers. The Group's reportable operating segments are: the parent company, which derives key revenue, and Subsidiary. Geographically, its key market is China.
58GF Score

Get the complete analysis for TPE:6426

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

NT$201.00
Price
NT$88.74
GF Value