Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Cisco Systems's operating assets for the quarter that ended in Apr. 2026 was CHF85,774 Mil. Cisco Systems's operating liabilities for the quarter that ended in Apr. 2026 was CHF35,743 Mil. Cisco Systems's Total Assets for the quarter that ended in Jan. 2026 was CHF97,389 Mil. Therefore, Cisco Systems's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.51.
Cisco Systems Scaled Net Operating Assets Related Terms
Cisco Systems Scaled Net Operating Assets Historical Data
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The historical data trend for Cisco Systems'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.
XSWX:CSCO vs CIEN, MSI, LITE: Scaled Net Operating Assets Comparison
For the Communication Equipment subindustry, Cisco Systems'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.
Cisco Systems Scaled Net Operating Assets vs Hardware Industry
For the Hardware industry and Technology sector, Cisco Systems's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Cisco Systems'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 0.51 mean?
Cisco Systems (XSWX:CSCO) has a Scaled Net Operating Assets of 0.51 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Cisco Systems and its competitors.
Is Cisco Systems' Scaled Net Operating Assets too high?
Cisco Systems' current Scaled Net Operating Assets is 0.51. Overall, Cisco Systems has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cisco Systems' Scaled Net Operating Assets compare to CIEN and MSI?
Cisco Systems' Scaled Net Operating Assets of 0.51 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 Cisco Systems and its competitors. Cisco Systems's current Scaled Net Operating Assets is 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cisco Systems stock overvalued right now?
Based on GuruFocus' analysis, Cisco Systems (XSWX:CSCO) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF55.99, compared to a current price of CHF93.27 — trading 66.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.51. Cisco Systems' overall GF Score™ is 83/100 with 9 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 Cisco Systems (XSWX:CSCO), the current Scaled Net Operating Assets is 0.51 as of Apr. 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 Cisco Systems (XSWX:CSCO) Overvalued in 2026?
Based on GuruFocus' analysis, Cisco Systems stock appears to be overvalued.
The current stock price of CHF93.27 is trading 66.6% above its estimated GF Value™ of CHF55.99.
GuruFocus considers Cisco Systems to be Significantly Overvalued.
Key valuation signals for XSWX:CSCO:
Scaled Net Operating Assets: 0.51
GF Value™: CHF55.99 vs. price of CHF93.27 (66.6% above fair value)
No single metric tells the full story. See the XSWX:CSCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software such as firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employs 80,000 people and sells its products globally.
83GF Score
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