Nien Made Enterprise Co (TPE:8464) Scaled Net Operating Assets: 0.41 (As of Dec. 2025)


TPE:8464 Nien Made Enterprise Co Ltd TPE:8464
94 GF Score
Price NT$380.50
GF Value NT$407.83
Valuation Fairly Valued
! 1 Warning Sign
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What is Nien Made Enterprise Co Scaled Net Operating Assets?

Nien Made Enterprise Co TPE:8464 +6.58% 94 Scaled Net Operating Assets is 0.41 as of Dec. 2025. GuruFocus rates TPE:8464 with a GF Score™ of 94/100 and a GF Value™ of NT$407.83 (Fairly Valued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Nien Made Enterprise Co's operating assets for the quarter that ended in Dec. 2025 was NT$23,153 Mil. Nien Made Enterprise Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$8,084 Mil. Nien Made Enterprise Co's Total Assets for the quarter that ended in Sep. 2025 was NT$36,476 Mil. Therefore, Nien Made Enterprise Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.41.

Nien Made Enterprise Co Scaled Net Operating Assets Historical Data

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The historical data trend for Nien Made Enterprise 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.

Nien Made Enterprise Co Scaled Net Operating Assets Chart

Nien Made Enterprise 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 0.38 0.43 0.39 0.41 0.40

Nien Made Enterprise 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 0.39 0.24 0.33 0.43 0.41

TPE:8464 vs SN, SGI, MHK: Scaled Net Operating Assets Comparison

For the Furnishings, Fixtures & Appliances subindustry, Nien Made Enterprise 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.

Nien Made Enterprise Co Scaled Net Operating Assets vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nien Made Enterprise Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Nien Made Enterprise Co's Scaled Net Operating Assets falls into.


TPE:8464
94GF Score
Nien Made Enterprise Co Ltd TPE:8464
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nien Made Enterprise 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.

Nien Made Enterprise 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 )
=(23152.718-8084.214)/37858.207
=0.40

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=40024.839 - 16872.121
=23152.718

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9616.212 - 835.45 - 696.548
=8084.214

Nien Made Enterprise 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 )
=(23152.718-8084.214)/36475.876
=0.41

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=40024.839 - 16872.121
=23152.718

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9616.212 - 835.45 - 696.548
=8084.214

* 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 0.41 mean?
Nien Made Enterprise Co (TPE:8464) has a Scaled Net Operating Assets of 0.41 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 Nien Made Enterprise Co and its competitors.
Is Nien Made Enterprise Co's Scaled Net Operating Assets too high?
Nien Made Enterprise Co's current Scaled Net Operating Assets is 0.41. Overall, Nien Made Enterprise Co has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nien Made Enterprise Co's Scaled Net Operating Assets compare to SN and SGI?
Nien Made Enterprise Co's Scaled Net Operating Assets of 0.41 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Scaled Net Operating Assets depends on the Furnishings, Fixtures & Appliances 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 Nien Made Enterprise Co and its competitors. Nien Made Enterprise Co's current Scaled Net Operating Assets is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nien Made Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Nien Made Enterprise Co (TPE:8464) is currently considered Fairly Valued. The stock's GF Value™ is NT$407.83, compared to a current price of NT$380.50 — trading 6.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.41. Nien Made Enterprise Co's overall GF Score™ is 94/100 with 1 warning sign 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 Nien Made Enterprise Co (TPE:8464), the current Scaled Net Operating Assets is 0.41 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 Nien Made Enterprise Co (TPE:8464) Overvalued in 2026?

Based on GuruFocus' analysis, Nien Made Enterprise Co stock appears to be undervalued. The current stock price of NT$380.50 is trading 6.7% below its estimated GF Value™ of NT$407.83. GuruFocus considers Nien Made Enterprise Co to be Fairly Valued.

Key valuation signals for TPE:8464:

  • Scaled Net Operating Assets: 0.41
  • GF Value™: NT$407.83 vs. price of NT$380.50 (6.7% below fair value)
  • GF Score™: 94/100 with 1 warning sign

No single metric tells the full story. See the TPE:8464 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nien Made Enterprise Co Business Description

Address Chengbei Shizheng North 7th Road, 26th Floor-1, No. 98, Xitun District, Taichung, TWN
Nien Made Enterprise Co Ltd is a Taiwan-based company principally engaged in the business of home furnishings. The company manufactures and distributes curtains and window blinds. The product range consists of interior and exterior shutters, faux wood blinds, vinyl blinds, wood blinds, roll-up shades, and cellular shades. The company operates in two reportable segments that are Window coverings and other, out of which the majority of revenue is generated by sales of Window coverings. Geographically, the company generates a majority of its revenue from America and the rest from Europe and other regions.
94GF Score

Get the complete analysis for TPE:8464

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

NT$380.50
Price
NT$407.83
GF Value