Andes Technology (TPE:6533) Scaled Net Operating Assets: 0.69 (As of Dec. 2025)


TPE:6533 Andes Technology Corp TPE:6533
78 GF Score
Price NT$195.00
GF Value NT$574.69
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Andes Technology Scaled Net Operating Assets?

Andes Technology TPE:6533 -1.02% 78 Scaled Net Operating Assets is 0.69 as of Dec. 2025. GuruFocus rates TPE:6533 with a GF Score™ of 78/100 and a GF Value™ of NT$574.69 (Significantly Undervalued). 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.

Andes Technology's operating assets for the quarter that ended in Dec. 2025 was NT$4,749 Mil. Andes Technology's operating liabilities for the quarter that ended in Dec. 2025 was NT$403 Mil. Andes Technology's Total Assets for the quarter that ended in Sep. 2025 was NT$6,334 Mil. Therefore, Andes Technology's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.69.

Andes Technology Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Andes 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.

Andes Technology Scaled Net Operating Assets Chart

Andes 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 0.49 0.20 0.36 0.53 0.82

Andes Technology 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 0.55 0.56 0.77 0.84 0.69

TPE:6533 vs AMAT, LRCX, KLAC: Scaled Net Operating Assets Comparison

For the Semiconductor Equipment & Materials subindustry, Andes 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.

Andes Technology Scaled Net Operating Assets vs Semiconductors Industry

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

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


TPE:6533
78GF Score
Andes Technology Corp TPE:6533
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Andes 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.

Andes 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 )
=(4749.355-402.6)/5301.188
=0.82

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6393.043 - 1643.688
=4749.355

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1878.209 - 1446.733 - 28.876
=402.6

Andes 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 )
=(4749.355-402.6)/6334.399
=0.69

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6393.043 - 1643.688
=4749.355

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1878.209 - 1446.733 - 28.876
=402.6

* 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 0.69 mean?
Andes Technology (TPE:6533) has a Scaled Net Operating Assets of 0.69 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 Andes Technology and its competitors.
Is Andes Technology's Scaled Net Operating Assets too high?
Andes Technology's current Scaled Net Operating Assets is 0.69. Overall, Andes Technology has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Andes Technology's Scaled Net Operating Assets compare to AMAT and LRCX?
Andes Technology's Scaled Net Operating Assets of 0.69 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors 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 Andes Technology and its competitors. Andes Technology's current Scaled Net Operating Assets is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andes Technology stock overvalued right now?
Based on GuruFocus' analysis, Andes Technology (TPE:6533) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$574.69, compared to a current price of NT$195.00 — trading 66.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.69. Andes Technology's overall GF Score™ is 78/100 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 Andes Technology (TPE:6533), the current Scaled Net Operating Assets is 0.69 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 Andes Technology (TPE:6533) Overvalued in 2026?

Based on GuruFocus' analysis, Andes Technology stock appears to be undervalued. The current stock price of NT$195.00 is trading 66.1% below its estimated GF Value™ of NT$574.69. GuruFocus considers Andes Technology to be Significantly Undervalued.

Key valuation signals for TPE:6533:

  • Scaled Net Operating Assets: 0.69
  • GF Value™: NT$574.69 vs. price of NT$195.00 (66.1% below fair value)
  • GF Score™: 78/100 with 4 warning signs

No single metric tells the full story. See the TPE:6533 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Andes Technology Business Description

Address A1-4, 3rd Floor, No.1, Li-Hsin First Road, Hsinchu Science Park, Hsinchu, TWN, 300
Andes Technology Corp is specialized in the R&D, designing, manufacturing and marketing of embedded processor intellectual property (IP), related hardware/software developing platform and toolchains. Its intellectual property line-up, which mainly consists of 32/64-bit RISC-V processors, also includes a series of software and hardware technologies and products, categorized into AndeStar, AndesCore, AndeShape, AndeSight, AndeSoft, and AndesAIRE. It operates in single segment and derives revenue from designing and selling CPU IP. Geographically, it operates in Taiwan, United States, Mainland China, Other.
78GF Score

Get the complete analysis for TPE:6533

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

NT$195.00
Price
NT$574.69
GF Value