TRCK (Track Group) Scaled Net Operating Assets: 0.66 (As of Mar. 2026)


TRCK Track Group Inc TRCK
22 GF Score
Price $0.48
GF Value $0.27
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Track Group Scaled Net Operating Assets?

Track Group TRCK -25.13% 22 Scaled Net Operating Assets is 0.66 as of Mar. 2026. GuruFocus rates TRCK with a GF Score™ of 22/100 and a GF Value™ of $0.27 (Significantly Overvalued). 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.

Track Group's operating assets for the quarter that ended in Mar. 2026 was $34.47 Mil. Track Group's operating liabilities for the quarter that ended in Mar. 2026 was $8.40 Mil. Track Group's Total Assets for the quarter that ended in Dec. 2025 was $39.67 Mil. Therefore, Track Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.66.


Track Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Track Group'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.

Track Group Scaled Net Operating Assets Chart

Track Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.63 0.69 0.69 0.74

Track Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.74 0.74 0.70 0.70 0.66

TRCK vs AATC, ELSE, ACFN: Scaled Net Operating Assets Comparison

For the Scientific & Technical Instruments subindustry, Track Group'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.


Track Group Scaled Net Operating Assets vs Hardware Industry

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

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


TRCK
22GF Score
Track Group Inc TRCK
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Track Group 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.

Track Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2025 )
=(Operating Assets (A: Sep. 2025 )-Operating Liabilities (A: Sep. 2025 ))/Total Assets (A: Sep. 2024 )
=(36.206-8.395)/37.67
=0.74

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=40.304 - 4.098
=36.206

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=51.846 - 43.25 - 0.201
=8.395

Track Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(34.468-8.396)/39.671
=0.66

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=39.568 - 5.1
=34.468

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=51.789 - 43.184 - 0.209
=8.396

* 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 0.66 mean?
Track Group (TRCK) has a Scaled Net Operating Assets of 0.66 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Track Group and its competitors.
Is Track Group's Scaled Net Operating Assets too high?
Track Group's current Scaled Net Operating Assets is 0.66. Overall, Track Group has a GF Score™ of 22/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Track Group's Scaled Net Operating Assets compare to AATC and ELSE?
Track Group's Scaled Net Operating Assets of 0.66 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 Track Group and its competitors. Track Group's current Scaled Net Operating Assets is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Track Group stock overvalued right now?
Based on GuruFocus' analysis, Track Group (TRCK) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.27, compared to a current price of $0.48 — trading 77.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.66. Track Group's overall GF Score™ is 22/100 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 Track Group (TRCK), the current Scaled Net Operating Assets is 0.66 as of Mar. 2026. 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 Track Group (TRCK) Overvalued in 2026?

Based on GuruFocus' analysis, Track Group stock appears to be overvalued. The current stock price of $0.48 is trading 77.8% above its estimated GF Value™ of $0.27. GuruFocus considers Track Group to be Significantly Overvalued.

Key valuation signals for TRCK:

  • Scaled Net Operating Assets: 0.66
  • GF Value™: $0.27 vs. price of $0.48 (77.8% above fair value)
  • GF Score™: 22/100 with 8 warning signs

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


Track Group Business Description

Other Exchanges G7F2:Germany
Address 200 E. 5th Avenue, Suite 100, Naperville, IL, USA, 60563
Track Group Inc designs, manufactures, and markets location-tracking devices and develops and sells a variety of related software, services, accessories, networking solutions, and monitoring applications. Its products and services include a full-range of one-piece GPS tracking devices, a device-agnostic operating system, a portfolio of software applications including smartphone, alcohol and predictive analytics, and a variety of accessory, service and support offerings. The company sells products across the world through its direct sales team and resellers. It sells to government customers on federal, state, and local levels in the United States and to members of the Ministry of Justice internationally. Geographically, it derives a majority of its revenue from the United States.
22GF Score

Get the complete analysis for TRCK

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

$0.48
Price
$0.27
GF Value