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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Elspec Engineering's operating assets for the quarter that ended in Dec. 2025 was ₪90.06 Mil. Elspec Engineering's operating liabilities for the quarter that ended in Dec. 2025 was ₪17.25 Mil. Elspec Engineering's Total Assets for the quarter that ended in Jun. 2025 was ₪110.09 Mil. Therefore, Elspec Engineering's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.66.
Elspec Engineering Scaled Net Operating Assets Related Terms
Elspec Engineering Scaled Net Operating Assets Historical Data
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The historical data trend for Elspec Engineering'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.
Elspec Engineering Scaled Net Operating Assets Chart
XTAE:ELSPC vs VRT, BE, HUBB: Scaled Net Operating Assets Comparison
For the Electrical Equipment & Parts subindustry, Elspec Engineering'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.
Elspec Engineering Scaled Net Operating Assets vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Elspec Engineering's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Elspec Engineering'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 0.66 mean?
Elspec Engineering (XTAE:ELSPC) has a Scaled Net Operating Assets of 0.66 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 Elspec Engineering and its competitors.
Is Elspec Engineering's Scaled Net Operating Assets too high?
Elspec Engineering's current Scaled Net Operating Assets is 0.66. Overall, Elspec Engineering has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elspec Engineering's Scaled Net Operating Assets compare to VRT and BE?
Elspec Engineering's Scaled Net Operating Assets of 0.66 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 Elspec Engineering and its competitors. Elspec Engineering'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 Elspec Engineering stock overvalued right now?
Based on GuruFocus' analysis, Elspec Engineering (XTAE:ELSPC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₪5.63, compared to a current price of ₪3.95 — trading 29.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.66. Elspec Engineering's overall GF Score™ is 71/100 with 4 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 Elspec Engineering (XTAE:ELSPC), the current Scaled Net Operating Assets is 0.66 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 Elspec Engineering (XTAE:ELSPC) Overvalued in 2026?
Based on GuruFocus' analysis, Elspec Engineering stock appears to be undervalued.
The current stock price of ₪3.95 is trading 29.8% below its estimated GF Value™ of ₪5.63.
GuruFocus considers Elspec Engineering to be Significantly Undervalued.
Key valuation signals for XTAE:ELSPC:
Scaled Net Operating Assets: 0.66
GF Value™: ₪5.63 vs. price of ₪3.95 (29.8% below fair value)
No single metric tells the full story. See the XTAE:ELSPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elspec Engineering Ltd is a provider of power quality solutions & services. It provides electrical power quality analyzers, real-time power factor correction systems, and energy saving solutions to the industrial, commercial, and utility industries. It has three research and development departments such as software and signal processing engineers, hardware analog, digital and power electricians.
71GF Score
Get the complete analysis for XTAE:ELSPC
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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