Twoway Communications (TPE:8045) Scaled Net Operating Assets: 0.73 (As of Dec. 2025)


TPE:8045 Twoway Communications Inc TPE:8045
90 GF Score
Price NT$61.00
GF Value NT$58.93
Valuation Fairly Valued
! 8 Warning Signs
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What is Twoway Communications Scaled Net Operating Assets?

Twoway Communications TPE:8045 +0.66% 90 Scaled Net Operating Assets is 0.73 as of Dec. 2025. GuruFocus rates TPE:8045 with a GF Score™ of 90/100 and a GF Value™ of NT$58.93 (Fairly Valued). The stock has 8 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.

Twoway Communications's operating assets for the quarter that ended in Dec. 2025 was NT$2,205 Mil. Twoway Communications's operating liabilities for the quarter that ended in Dec. 2025 was NT$316 Mil. Twoway Communications's Total Assets for the quarter that ended in Sep. 2025 was NT$2,590 Mil. Therefore, Twoway Communications's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.73.


Twoway Communications Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Twoway Communications'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.

Twoway Communications Scaled Net Operating Assets Chart

Twoway Communications 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 0.50 0.64 0.61 0.67

Twoway Communications Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 0.77 0.46 0.47 0.60 0.73

TPE:8045 vs CSCO, CIEN, MSI: Scaled Net Operating Assets Comparison

For the Communication Equipment subindustry, Twoway Communications'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.


Twoway Communications Scaled Net Operating Assets vs Hardware Industry

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

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


TPE:8045
90GF Score
Twoway Communications Inc TPE:8045
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Twoway Communications 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.

Twoway Communications'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 )
=(2204.863-315.795)/2810.107
=0.67

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2553.708 - 348.845
=2204.863

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=540.674 - 161.633 - 63.246
=315.795

Twoway Communications'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 )
=(2204.863-315.795)/2589.658
=0.73

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2553.708 - 348.845
=2204.863

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=540.674 - 161.633 - 63.246
=315.795

* 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 0.73 mean?
Twoway Communications (TPE:8045) has a Scaled Net Operating Assets of 0.73 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 Twoway Communications and its competitors.
Is Twoway Communications' Scaled Net Operating Assets too high?
Twoway Communications' current Scaled Net Operating Assets is 0.73. Overall, Twoway Communications has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Twoway Communications' Scaled Net Operating Assets compare to CSCO and CIEN?
Twoway Communications' Scaled Net Operating Assets of 0.73 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 Twoway Communications and its competitors. Twoway Communications's current Scaled Net Operating Assets is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Twoway Communications stock overvalued right now?
Based on GuruFocus' analysis, Twoway Communications (TPE:8045) is currently considered Fairly Valued. The stock's GF Value™ is NT$58.93, compared to a current price of NT$61.00 — trading 3.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.73. Twoway Communications' overall GF Score™ is 90/100 with 8 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 Twoway Communications (TPE:8045), the current Scaled Net Operating Assets is 0.73 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 Twoway Communications (TPE:8045) Overvalued in 2026?

Based on GuruFocus' analysis, Twoway Communications stock appears to be overvalued. The current stock price of NT$61.00 is trading 3.5% above its estimated GF Value™ of NT$58.93. GuruFocus considers Twoway Communications to be Fairly Valued.

Key valuation signals for TPE:8045:

  • Scaled Net Operating Assets: 0.73
  • GF Value™: NT$58.93 vs. price of NT$61.00 (3.5% above fair value)
  • GF Score™: 90/100 with 8 warning signs

No single metric tells the full story. See the TPE:8045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Twoway Communications Business Description

Address No. 41, Wugong 6th Road, New Taipei Industrial Park, New Taipei City, TWN
Twoway Communications Inc is engaged in manufacturing and trading of communication products including cable TV head-ends, optical transceivers, amplifiers, connectors, and monitoring systems, as well as broadband network system planning, design, and contracting, and the installation of multimedia video equipment. The revenue of operating segments principally is derived from B-broadband internet equipment department, IOT department and department of labour and other services.
90GF Score

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

NT$61.00
Price
NT$58.93
GF Value