Formosa Advanced Technologies Co (TPE:8131) Scaled Net Operating Assets: 0.61 (As of Dec. 2025)

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TPE:8131 Formosa Advanced Technologies Co Ltd TPE:8131
69 GF Score
Price NT$81.20
GF Value NT$47.56
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Formosa Advanced Technologies Co Scaled Net Operating Assets?

Formosa Advanced Technologies Co TPE:8131 +8.41% 69 Scaled Net Operating Assets is 0.61 as of Dec. 2025. GuruFocus rates TPE:8131 with a GF Score™ of 69/100 and a GF Value™ of NT$47.56 (Significantly Overvalued). The stock has 9 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.

Formosa Advanced Technologies Co's operating assets for the quarter that ended in Dec. 2025 was NT$8,803 Mil. Formosa Advanced Technologies Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$1,233 Mil. Formosa Advanced Technologies Co's Total Assets for the quarter that ended in Sep. 2025 was NT$12,421 Mil. Therefore, Formosa Advanced Technologies Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.61.


Formosa Advanced Technologies Co Scaled Net Operating Assets Historical Data

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The historical data trend for Formosa Advanced Technologies 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.

Formosa Advanced Technologies Co Scaled Net Operating Assets Chart

Formosa Advanced Technologies 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 0.52 0.44 0.40 0.41 0.60

Formosa Advanced Technologies 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 0.42 0.39 0.39 0.52 0.61

TPE:8131 vs NVDA, AVGO, MU: Scaled Net Operating Assets Comparison

For the Semiconductors subindustry, Formosa Advanced Technologies 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.


Formosa Advanced Technologies Co Scaled Net Operating Assets vs Semiconductors Industry

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

* The bar in red indicates where Formosa Advanced Technologies Co's Scaled Net Operating Assets falls into.


TPE:8131
69GF Score
Formosa Advanced Technologies Co Ltd TPE:8131
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Formosa Advanced Technologies 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.

Formosa Advanced Technologies 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 )
=(8803.357-1233.499)/12523.724
=0.60

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13917.129 - 5113.772
=8803.357

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1669.997 - 392.258 - 44.24
=1233.499

Formosa Advanced Technologies 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 )
=(8803.357-1233.499)/12421.499
=0.61

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13917.129 - 5113.772
=8803.357

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1669.997 - 392.258 - 44.24
=1233.499

* 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 0.61 mean?
Formosa Advanced Technologies Co (TPE:8131) has a Scaled Net Operating Assets of 0.61 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 Formosa Advanced Technologies Co and its competitors.
Is Formosa Advanced Technologies Co's Scaled Net Operating Assets too high?
Formosa Advanced Technologies Co's current Scaled Net Operating Assets is 0.61. Overall, Formosa Advanced Technologies Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Formosa Advanced Technologies Co's Scaled Net Operating Assets compare to NVDA and AVGO?
Formosa Advanced Technologies Co's Scaled Net Operating Assets of 0.61 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 Formosa Advanced Technologies Co and its competitors. Formosa Advanced Technologies Co's current Scaled Net Operating Assets is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa Advanced Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Formosa Advanced Technologies Co (TPE:8131) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$47.56, compared to a current price of NT$81.20 — trading 70.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.61. Formosa Advanced Technologies Co's overall GF Score™ is 69/100 with 9 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 Formosa Advanced Technologies Co (TPE:8131), the current Scaled Net Operating Assets is 0.61 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 Formosa Advanced Technologies Co (TPE:8131) Overvalued in 2026?

Based on GuruFocus' analysis, Formosa Advanced Technologies Co stock appears to be overvalued. The current stock price of NT$81.20 is trading 70.7% above its estimated GF Value™ of NT$47.56. GuruFocus considers Formosa Advanced Technologies Co to be Significantly Overvalued.

Key valuation signals for TPE:8131:

  • Scaled Net Operating Assets: 0.61
  • GF Value™: NT$47.56 vs. price of NT$81.20 (70.7% above fair value)
  • GF Score™: 69/100 with 9 warning signs

No single metric tells the full story. See the TPE:8131 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Formosa Advanced Technologies Co Business Description

Address No.329, Henan Street, Liuzhong Viliage, Yunlin County, Douliu, TWN, 640
Formosa Advanced Technologies Co Ltd is a professional manufacturer of DRAM assembly, testing, and module Turn-Key service in Taiwan. The group's business activity is operated in Taiwan, the USA, China, Korea, Mainland China, and Others. The company's operating segment includes the integrated-chips ("IC" ) department and the module department. The integrated-chips department includes packaging, testing, processing, and research and development of integrated chips. The module department includes the assembly, testing, and research and development of module pieces.
69GF Score

Get the complete analysis for TPE:8131

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

NT$81.20
Price
NT$47.56
GF Value