Texas Instruments (XSWX:TXN) Scaled Net Operating Assets: 0.73 (As of Mar. 2026)


XSWX:TXN Texas Instruments Inc XSWX:TXN
84 GF Score
Price CHF246.39
GF Value CHF183.52
! 5 Warning Signs
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What is Texas Instruments Scaled Net Operating Assets?

Texas Instruments XSWX:TXN -1.20% 84 Scaled Net Operating Assets is 0.73 as of Mar. 2026. GuruFocus rates XSWX:TXN with a GF Score™ of 84/100 and a GF Value™ of CHF183.52. The stock has 5 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.

Texas Instruments's operating assets for the quarter that ended in Mar. 2026 was CHF23,060 Mil. Texas Instruments's operating liabilities for the quarter that ended in Mar. 2026 was CHF2,807 Mil. Texas Instruments's Total Assets for the quarter that ended in Dec. 2025 was CHF27,561 Mil. Therefore, Texas Instruments's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.73.


Texas Instruments Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Texas Instruments'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.

Texas Instruments Scaled Net Operating Assets Chart

Texas Instruments 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 0.63 0.58 0.67 0.73 0.64

Texas Instruments 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 0.68 0.68 0.71 0.73 0.74

XSWX:TXN vs QCOM, ADI, MRVL: Scaled Net Operating Assets Comparison

For the Semiconductors subindustry, Texas Instruments'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.


Texas Instruments Scaled Net Operating Assets vs Semiconductors Industry

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

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


XSWX:TXN
84GF Score
Texas Instruments Inc XSWX:TXN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Texas Instruments 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.

Texas Instruments'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 )
=(23671.118-3397.982)/31659.824
=0.64

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=27560.787 - 3889.669
=23671.118

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14592.833 - 10796.401 - 398.45
=3397.982

Texas Instruments'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 )
=(23060.017-2806.725)/27560.787
=0.73

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=27077.609 - 4017.592
=23060.017

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13868.29 - 10156.957 - 904.608
=2806.725

* 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 0.73 mean?
Texas Instruments (XSWX:TXN) has a Scaled Net Operating Assets of 0.73 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 Texas Instruments and its competitors.
Is Texas Instruments' Scaled Net Operating Assets too high?
Texas Instruments' current Scaled Net Operating Assets is 0.73. Overall, Texas Instruments has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Texas Instruments' Scaled Net Operating Assets compare to QCOM and ADI?
Texas Instruments' Scaled Net Operating Assets of 0.73 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 Texas Instruments and its competitors. Texas Instruments's current Scaled Net Operating Assets is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texas Instruments stock overvalued right now?
Texas Instruments (XSWX:TXN) has a current Scaled Net Operating Assets of 0.73. The stock's GF Value™ is CHF183.52, compared to a current price of CHF246.39 — trading 34.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.73. Texas Instruments' overall GF Score™ is 84/100 with 5 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 Texas Instruments (XSWX:TXN), the current Scaled Net Operating Assets is 0.73 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 Texas Instruments (XSWX:TXN) Overvalued in 2026?

Based on GuruFocus' analysis, Texas Instruments stock appears to be overvalued. The current stock price of CHF246.39 is trading 34.3% above its estimated GF Value™ of CHF183.52.

Key valuation signals for XSWX:TXN:

  • Scaled Net Operating Assets: 0.73
  • GF Value™: CHF183.52 vs. price of CHF246.39 (34.3% above fair value)
  • GF Score™: 84/100 with 5 warning signs

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


Texas Instruments Business Description

Address 12500 TI Boulevard, Dallas, TX, USA, 75243
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
84GF 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.

CHF246.39
Price
CHF183.52
GF Value