Zoom Communications (XSWX:ZM) Scaled Net Operating Assets: 0.19 (As of Apr. 2026)


XSWX:ZM Zoom Communications Inc XSWX:ZM
85 GF Score
Price CHF68.47
GF Value CHF63.80
! 3 Warning Signs
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What is Zoom Communications Scaled Net Operating Assets?

Zoom Communications XSWX:ZM +0.85% 85 Scaled Net Operating Assets is 0.19 as of Apr. 2026. GuruFocus rates XSWX:ZM with a GF Score™ of 85/100 and a GF Value™ of CHF63.80. The stock has 3 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.

Zoom Communications's operating assets for the quarter that ended in Apr. 2026 was CHF3,498 Mil. Zoom Communications's operating liabilities for the quarter that ended in Apr. 2026 was CHF1,678 Mil. Zoom Communications's Total Assets for the quarter that ended in Jan. 2026 was CHF9,442 Mil. Therefore, Zoom Communications's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.19.


Zoom Communications Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Zoom Communications'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.

Zoom Communications Scaled Net Operating Assets Chart

Zoom Communications Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.12 0.13 0.13 0.16

Zoom Communications Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.10 0.11 0.13 0.18 0.19

XSWX:ZM vs FICO, TEAM, ROP: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Zoom Communications'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.


Zoom Communications Scaled Net Operating Assets vs Software Industry

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

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


XSWX:ZM
85GF Score
Zoom Communications Inc XSWX:ZM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Zoom Communications 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.

Zoom Communications's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jan. 2026 )
=(Operating Assets (A: Jan. 2026 )-Operating Liabilities (A: Jan. 2026 ))/Total Assets (A: Jan. 2025 )
=(3270.885-1652.754)/9995.068
=0.16

where

Operating Assets(A: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9441.552 - 6170.667
=3270.885

Operating Liabilities(A: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1698.914 - 24.242 - 21.918
=1652.754

Zoom Communications's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Jan. 2026 )
=(3497.765-1678.105)/9441.552
=0.19

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9578.805 - 6081.04
=3497.765

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1725.528 - 25.143 - 22.28
=1678.105

* 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 0.19 mean?
Zoom Communications (XSWX:ZM) has a Scaled Net Operating Assets of 0.19 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 Zoom Communications and its competitors.
Is Zoom Communications' Scaled Net Operating Assets too high?
Zoom Communications' current Scaled Net Operating Assets is 0.19. Overall, Zoom Communications has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Zoom Communications' Scaled Net Operating Assets compare to FICO and TEAM?
Zoom Communications' Scaled Net Operating Assets of 0.19 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 Zoom Communications and its competitors. Zoom Communications's current Scaled Net Operating Assets is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zoom Communications stock overvalued right now?
Zoom Communications (XSWX:ZM) has a current Scaled Net Operating Assets of 0.19. The stock's GF Value™ is CHF63.80, compared to a current price of CHF68.47 — trading 7.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.19. Zoom Communications' overall GF Score™ is 85/100 with 3 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 Zoom Communications (XSWX:ZM), the current Scaled Net Operating Assets is 0.19 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 Zoom Communications (XSWX:ZM) Overvalued in 2026?

Based on GuruFocus' analysis, Zoom Communications stock appears to be overvalued. The current stock price of CHF68.47 is trading 7.3% above its estimated GF Value™ of CHF63.80.

Key valuation signals for XSWX:ZM:

  • Scaled Net Operating Assets: 0.19
  • GF Value™: CHF63.80 vs. price of CHF68.47 (7.3% above fair value)
  • GF Score™: 85/100 with 3 warning signs

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


Zoom Communications Business Description

Address 55 Almaden Boulevard, 6th Floor, San Jose, CA, USA, 95113
Zoom Communications provides a video-first communications platform that connects people through frictionless video, voice, chat, and content sharing. The company's cloud-native platform enables video experiences and connects users across various devices and locations in a single meeting. Zoom has launched a variety of communications-related solutions, including Zoom Phone and Zoom Contact Center. The firm was founded in 2011 and serves companies of all sizes from all industries around the world.
85GF 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.

CHF68.47
Price
CHF63.80
GF Value