WKEY (WISeKey International Holding) Scaled Net Operating Assets: 0.20 (As of Dec. 2025)


WKEY WISeKey International Holding Ltd WKEY
47 GF Score
Price $7.15
GF Value $2.24
Valuation Significantly Overvalued
! 7 Warning Signs
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What is WISeKey International Holding Scaled Net Operating Assets?

WISeKey International Holding WKEY -0.28% 47 Scaled Net Operating Assets is 0.20 as of Dec. 2025. GuruFocus rates WKEY with a GF Score™ of 47/100 and a GF Value™ of $2.24 (Significantly Overvalued). The stock has 7 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.

WISeKey International Holding's operating assets for the quarter that ended in Dec. 2025 was $75.31 Mil. WISeKey International Holding's operating liabilities for the quarter that ended in Dec. 2025 was $43.63 Mil. WISeKey International Holding's Total Assets for the quarter that ended in Jun. 2025 was $154.99 Mil. Therefore, WISeKey International Holding's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.20.


WISeKey International Holding Scaled Net Operating Assets Historical Data

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The historical data trend for WISeKey International Holding'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.

WISeKey International Holding Scaled Net Operating Assets Chart

WISeKey International Holding 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 0.46 0.15 0.31 0.11 0.28

WISeKey International Holding Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.19 0.11 0.06 0.20

WKEY vs NVDA, AVGO, MU: Scaled Net Operating Assets Comparison

For the Semiconductors subindustry, WISeKey International Holding'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.


WISeKey International Holding Scaled Net Operating Assets vs Semiconductors Industry

For the Semiconductors industry and Technology sector, WISeKey International Holding's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where WISeKey International Holding's Scaled Net Operating Assets falls into.


WKEY
47GF Score
WISeKey International Holding Ltd WKEY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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WISeKey International Holding 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.

WISeKey International Holding'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 )
=(75.311-43.628)/114.688
=0.28

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=514.587 - 439.276
=75.311

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=53.438 - 7.979 - 1.831
=43.628

WISeKey International Holding'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 )
=(75.311-43.628)/154.989
=0.20

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=514.587 - 439.276
=75.311

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=53.438 - 7.979 - 1.831
=43.628

* 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 0.20 mean?
WISeKey International Holding (WKEY) has a Scaled Net Operating Assets of 0.20 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 WISeKey International Holding and its competitors.
Is WISeKey International Holding's Scaled Net Operating Assets too high?
WISeKey International Holding's current Scaled Net Operating Assets is 0.20. Overall, WISeKey International Holding has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WISeKey International Holding's Scaled Net Operating Assets compare to NVDA and AVGO?
WISeKey International Holding's Scaled Net Operating Assets of 0.20 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors 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 WISeKey International Holding and its competitors. WISeKey International Holding's current Scaled Net Operating Assets is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WISeKey International Holding stock overvalued right now?
Based on GuruFocus' analysis, WISeKey International Holding (WKEY) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.24, compared to a current price of $7.15 — trading 219.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.20. WISeKey International Holding's overall GF Score™ is 47/100 with 7 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 WISeKey International Holding (WKEY), the current Scaled Net Operating Assets is 0.20 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 WISeKey International Holding (WKEY) Overvalued in 2026?

Based on GuruFocus' analysis, WISeKey International Holding stock appears to be overvalued. The current stock price of $7.15 is trading 219.2% above its estimated GF Value™ of $2.24. GuruFocus considers WISeKey International Holding to be Significantly Overvalued.

Key valuation signals for WKEY:

  • Scaled Net Operating Assets: 0.20
  • GF Value™: $2.24 vs. price of $7.15 (219.2% above fair value)
  • GF Score™: 47/100 with 7 warning signs

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


WISeKey International Holding Business Description

Address General-Guisan-Strasse 6, Zug, CHE, CH-6300
WISeKey International Holding Ltd at the forefront of authentication and cybersecurity technology. It develops, markets, hosts, and supports a range of solutions that enable the secure digital identification and communication of people, content, and objects, by generating digital identities that enable its clients to monetize their existing user bases and, at the same time, expand their own eco-system securely by ensuring only authenticated objects and people can connect. The WISeKey Group operates through five core verticals: SEALSQ, WISeSat, SEALCOIN, WISeID, & WISe.ART. It has two business segments. Semiconductors & ASICs. The majority of its revenue is generated from the Semiconductors segment.
47GF Score

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

$7.15
Price
$2.24
GF Value