TRTPF (Trustpilot Group) Scaled Net Operating Assets: -0.24 (As of Dec. 2025)


TRTPF Trustpilot Group PLC TRTPF
59 GF Score
Price $3.50
GF Value $2.92
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Trustpilot Group Scaled Net Operating Assets?

Trustpilot Group TRTPF -0.85% 59 Scaled Net Operating Assets is -0.24 as of Dec. 2025. GuruFocus rates TRTPF with a GF Score™ of 59/100 and a GF Value™ of $2.92 (Modestly Overvalued). The stock has 2 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.

Trustpilot Group's operating assets for the quarter that ended in Dec. 2025 was $79.9 Mil. Trustpilot Group's operating liabilities for the quarter that ended in Dec. 2025 was $116.1 Mil. Trustpilot Group's Total Assets for the quarter that ended in Jun. 2025 was $148.4 Mil. Therefore, Trustpilot Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.24.


Trustpilot Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Trustpilot 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.

Trustpilot Group Scaled Net Operating Assets Chart

Trustpilot Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial -0.24 -0.02 -0.04 -0.05 -0.25

Trustpilot Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 -0.04 0.00 -0.05 -0.11 -0.24

TRTPF vs CRM, SHOP, UBER: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Trustpilot 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.


Trustpilot Group Scaled Net Operating Assets vs Software Industry

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

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


TRTPF
59GF Score
Trustpilot Group PLC TRTPF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Trustpilot 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.

Trustpilot Group'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 )
=(79.883-116.107)/144.521
=-0.25

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=127.508 - 47.625
=79.883

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=134.238 - 12.633 - 5.498
=116.107

Trustpilot Group'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: Jun. 2025 )
=(79.883-116.107)/148.365
=-0.24

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=127.508 - 47.625
=79.883

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=134.238 - 12.633 - 5.498
=116.107

* 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 -0.24 mean?
Trustpilot Group (TRTPF) has a Scaled Net Operating Assets of -0.24 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 Trustpilot Group and its competitors.
Is Trustpilot Group's Scaled Net Operating Assets too high?
Trustpilot Group's current Scaled Net Operating Assets is -0.24. Overall, Trustpilot Group has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trustpilot Group's Scaled Net Operating Assets compare to CRM and SHOP?
Trustpilot Group's Scaled Net Operating Assets of -0.24 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Trustpilot Group and its competitors. Trustpilot Group's current Scaled Net Operating Assets is -0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trustpilot Group stock overvalued right now?
Based on GuruFocus' analysis, Trustpilot Group (TRTPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.92, compared to a current price of $3.50 — trading 19.9% above its estimated fair value. The current Scaled Net Operating Assets is -0.24. Trustpilot Group's overall GF Score™ is 59/100 with 2 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 Trustpilot Group (TRTPF), the current Scaled Net Operating Assets is -0.24 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 Trustpilot Group (TRTPF) Overvalued in 2026?

Based on GuruFocus' analysis, Trustpilot Group stock appears to be overvalued. The current stock price of $3.50 is trading 19.9% above its estimated GF Value™ of $2.92. GuruFocus considers Trustpilot Group to be Modestly Overvalued.

Key valuation signals for TRTPF:

  • Scaled Net Operating Assets: -0.24
  • GF Value™: $2.92 vs. price of $3.50 (19.9% above fair value)
  • GF Score™: 59/100 with 2 warning signs

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


Trustpilot Group Business Description

Other Exchanges TRSTl:UKTRST:UK6VZ:Germany
Address 21 Mincing Lane, 5th Floor, The Minster Building, London, GBR, EC3R 7AG
Trustpilot Group PLC and its subsidiaries consist of developing and hosting an online review platform that helps consumers make purchasing decisions and businesses showcase and improve their services. Trustpilot is open, independent, and impartial and helps consumers make the right choices and businesses to build trust, grow and improve. The group consists of more than 361million reviews and approximately 64 million monthly active users across the globe, with around 160 billion annual Trustbox impressions.
59GF Score

Get the complete analysis for TRTPF

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

$3.50
Price
$2.92
GF Value