Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Merida Industry Co's operating assets for the quarter that ended in Dec. 2025 was NT$31,045 Mil. Merida Industry Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$8,208 Mil. Merida Industry Co's Total Assets for the quarter that ended in Sep. 2025 was NT$36,125 Mil. Therefore, Merida Industry Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.63.
Merida Industry Co Scaled Net Operating Assets Related Terms
Merida Industry Co Scaled Net Operating Assets Historical Data
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The historical data trend for Merida Industry 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.
Merida Industry Co Scaled Net Operating Assets Chart
TPE:9914 vs AS, HAS, LTH: Scaled Net Operating Assets Comparison
For the Leisure subindustry, Merida Industry 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.
Merida Industry Co Scaled Net Operating Assets vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Merida Industry Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Merida Industry Co's Scaled Net Operating Assets falls into.
* 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 0.63 mean?
Merida Industry Co (TPE:9914) has a Scaled Net Operating Assets of 0.63 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 Merida Industry Co and its competitors.
Is Merida Industry Co's Scaled Net Operating Assets too high?
Merida Industry Co's current Scaled Net Operating Assets is 0.63. Overall, Merida Industry Co has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merida Industry Co's Scaled Net Operating Assets compare to AS and HAS?
Merida Industry Co's Scaled Net Operating Assets of 0.63 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure 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 Merida Industry Co and its competitors. Merida Industry Co's current Scaled Net Operating Assets is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merida Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Merida Industry Co (TPE:9914) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$136.46, compared to a current price of NT$76.60 — trading 43.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.63. Merida Industry Co's overall GF Score™ is 66/100 with 6 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 Merida Industry Co (TPE:9914), the current Scaled Net Operating Assets is 0.63 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 Merida Industry Co (TPE:9914) Overvalued in 2026?
Based on GuruFocus' analysis, Merida Industry Co stock appears to be undervalued.
The current stock price of NT$76.60 is trading 43.9% below its estimated GF Value™ of NT$136.46.
GuruFocus considers Merida Industry Co to be Significantly Undervalued.
Key valuation signals for TPE:9914:
Scaled Net Operating Assets: 0.63
GF Value™: NT$136.46 vs. price of NT$76.60 (43.9% below fair value)
No single metric tells the full story. See the TPE:9914 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merida Industry Co Ltd is a manufacturer and distributor of bicycles and bicycle-related components, domiciled in Taiwan. The company produces bicycles for both recreational and professional use. Products include mountain bicycles, road and racing bicycles, bicycle motocross, or BMX, folding bicycles, children and youth bicycles, electric bicycles, helmets, components, and related parts and accessories. It distributes bicycles and components both domestically and internationally, and products are largely sold under the Merida brand name.
66GF Score
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