BenQ Materials (TPE:8215) Scaled Net Operating Assets: 0.75 (As of Dec. 2025)


TPE:8215 BenQ Materials Corp TPE:8215
72 GF Score
Price NT$29.50
GF Value NT$33.83
Valuation Modestly Undervalued
! 11 Warning Signs
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What is BenQ Materials Scaled Net Operating Assets?

BenQ Materials TPE:8215 -1.99% 72 Scaled Net Operating Assets is 0.75 as of Dec. 2025. GuruFocus rates TPE:8215 with a GF Score™ of 72/100 and a GF Value™ of NT$33.83 (Modestly Undervalued). The stock has 11 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.

BenQ Materials's operating assets for the quarter that ended in Dec. 2025 was NT$22,234 Mil. BenQ Materials's operating liabilities for the quarter that ended in Dec. 2025 was NT$5,040 Mil. BenQ Materials's Total Assets for the quarter that ended in Sep. 2025 was NT$23,052 Mil. Therefore, BenQ Materials's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.75.

BenQ Materials Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for BenQ Materials'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.

BenQ Materials Scaled Net Operating Assets Chart

BenQ Materials 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 0.61 0.67 1.02 0.79 0.76

BenQ Materials 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 0.73 0.73 0.70 0.77 0.75

TPE:8215 vs APH, GLW: Scaled Net Operating Assets Comparison

For the Electronic Components subindustry, BenQ Materials'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.

BenQ Materials Scaled Net Operating Assets vs Hardware Industry

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

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


TPE:8215
72GF Score
BenQ Materials Corp TPE:8215
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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BenQ Materials 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.

BenQ Materials'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 )
=(22233.986-5039.769)/22632.59
=0.76

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23219.334 - 985.348
=22233.986

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15662.622 - 6802.584 - 3820.269
=5039.769

BenQ Materials'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 )
=(22233.986-5039.769)/23051.83
=0.75

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23219.334 - 985.348
=22233.986

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15662.622 - 6802.584 - 3820.269
=5039.769

* 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 0.75 mean?
BenQ Materials (TPE:8215) has a Scaled Net Operating Assets of 0.75 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 BenQ Materials and its competitors.
Is BenQ Materials' Scaled Net Operating Assets too high?
BenQ Materials' current Scaled Net Operating Assets is 0.75. Overall, BenQ Materials has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BenQ Materials' Scaled Net Operating Assets compare to APH and GLW?
BenQ Materials' Scaled Net Operating Assets of 0.75 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 BenQ Materials and its competitors. BenQ Materials's current Scaled Net Operating Assets is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BenQ Materials stock overvalued right now?
Based on GuruFocus' analysis, BenQ Materials (TPE:8215) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$33.83, compared to a current price of NT$29.50 — trading 12.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.75. BenQ Materials' overall GF Score™ is 72/100 with 11 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 BenQ Materials (TPE:8215), the current Scaled Net Operating Assets is 0.75 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 BenQ Materials (TPE:8215) Overvalued in 2026?

Based on GuruFocus' analysis, BenQ Materials stock appears to be undervalued. The current stock price of NT$29.50 is trading 12.8% below its estimated GF Value™ of NT$33.83. GuruFocus considers BenQ Materials to be Modestly Undervalued.

Key valuation signals for TPE:8215:

  • Scaled Net Operating Assets: 0.75
  • GF Value™: NT$33.83 vs. price of NT$29.50 (12.8% below fair value)
  • GF Score™: 72/100 with 11 warning signs

No single metric tells the full story. See the TPE:8215 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

BenQ Materials Business Description

Address 29 Jianguo East Road, Gueishan District, Taoyuan, TWN, 333403
BenQ Materials Corp is engaged in the manufacturing and sales of film sheet products and medical equipment. Its products include polarizer films; optical films for touch panels; E-paper, industrial tapes; and smart optical films, healthcare products, including hydrocolloid dressings for moist wound management and silicone gels. The company's segments include: The film sheet segment is mainly engaged in the sales, manufacturing and research, and development of various electronic chemical membrane products; and The medical segment is involved in the sales, manufacturing, and research and development of various medical-related products. Geographically, it operates in China, which derives maximum revenue; Taiwan; Japan; United States; and Others.
72GF Score

Get the complete analysis for TPE:8215

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

NT$29.50
Price
NT$33.83
GF Value