Vivid Games (WAR:VVD) Scaled Net Operating Assets: 0.66 (As of Mar. 2026)


WAR:VVD Vivid Games SA WAR:VVD
38 GF Score
Price zł0.58
GF Value zł0.19
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Vivid Games Scaled Net Operating Assets?

Vivid Games WAR:VVD -3.36% 38 Scaled Net Operating Assets is 0.66 as of Mar. 2026. GuruFocus rates WAR:VVD with a GF Score™ of 38/100 and a GF Value™ of zł0.19 (Significantly Overvalued). The stock has 6 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.

Vivid Games's operating assets for the quarter that ended in Mar. 2026 was zł14.92 Mil. Vivid Games's operating liabilities for the quarter that ended in Mar. 2026 was zł2.98 Mil. Vivid Games's Total Assets for the quarter that ended in Dec. 2025 was zł18.05 Mil. Therefore, Vivid Games's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.66.


Vivid Games Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Vivid Games'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.

Vivid Games Scaled Net Operating Assets Chart

Vivid Games Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.19 0.35 0.63 0.68

Vivid Games Quarterly Data
Mar21 Jun21 Sep21 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 0.66 0.60 0.71 0.51 0.66

WAR:VVD vs NTES, EA, TTWO: Scaled Net Operating Assets Comparison

For the Electronic Gaming & Multimedia subindustry, Vivid Games'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.


Vivid Games Scaled Net Operating Assets vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Vivid Games's Scaled Net Operating Assets distribution charts can be found below:

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


WAR:VVD
38GF Score
Vivid Games SA WAR:VVD
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vivid Games 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.

Vivid Games'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 )
=(14.56-4.539)/14.771
=0.68

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=18.048 - 3.488
=14.56

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13.416 - 8.864 - 0.013
=4.539

Vivid Games'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 )
=(14.924-2.978)/18.048
=0.66

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16.181 - 1.257
=14.924

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12.229 - 9.237 - 0.014
=2.978

* 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?
Vivid Games (WAR:VVD) 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 Vivid Games and its competitors.
Is Vivid Games' Scaled Net Operating Assets too high?
Vivid Games' current Scaled Net Operating Assets is 0.66. Overall, Vivid Games has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vivid Games' Scaled Net Operating Assets compare to NTES and EA?
Vivid Games' Scaled Net Operating Assets of 0.66 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Scaled Net Operating Assets depends on the Interactive Media 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 Vivid Games and its competitors. Vivid Games'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 Vivid Games stock overvalued right now?
Based on GuruFocus' analysis, Vivid Games (WAR:VVD) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.19, compared to a current price of zł0.58 — trading 202.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.66. Vivid Games' overall GF Score™ is 38/100 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 Vivid Games (WAR:VVD), 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 Vivid Games (WAR:VVD) Overvalued in 2026?

Based on GuruFocus' analysis, Vivid Games stock appears to be overvalued. The current stock price of zł0.58 is trading 202.6% above its estimated GF Value™ of zł0.19. GuruFocus considers Vivid Games to be Significantly Overvalued.

Key valuation signals for WAR:VVD:

  • Scaled Net Operating Assets: 0.66
  • GF Value™: zł0.19 vs. price of zł0.58 (202.6% above fair value)
  • GF Score™: 38/100 with 6 warning signs

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


Vivid Games Business Description

Address Gdansk 160, Bydgoszcz, POL, 85674
Vivid Games SA is a leading mobile games development studio in Poland. The company produces top-notch mobile entertainment. It also designs and develops games for Android, iOS, PSP Minis, Mobile, NDS, MAC, PC and DSi operating systems.
38GF Score

Get the complete analysis for WAR:VVD

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

zł0.58
Price
zł0.19
GF Value