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NaaS Technology Inc. ADR Quality Score

NAAS

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Quality45

Valuation is the primary weakness (avg 20/100). Growth is the relative bright spot.

Broad-market heuristics · Not a buy/sell signal

Valuation and growth

Earnings Multiple
0/100
-0.0x

Negative earnings, no valuation support

Cash Flow Multiple
40/100
54.1x

Above 30x, cash flow yield is thin

Revenue Growth
100/100
10.5%

Above 10% CAGR, strong compounder

Cash Flow Growth
60/100
Just turned +

Recently turned FCF-positive, capex cycle finishing, CAGR not yet meaningful

Business Quality & Capital Allocation

Share Dilution
0/100
350.2%

Heavy dilution above 5%

Margin Trend
100/100
+2482.7pp

Expanded 3+pp, strong improvement

Capital Structure
0/100
¥503M

Net debt/FCF of 945.2x, high leverage

2022
¥496M
¥519M
2023
¥534M
¥1.04B
2024
¥136M
¥1.07B
2025
¥82.0M
¥585M
CashDebt
Return on Capital
0/100
-18.2%

Below 8%, may not cover cost of capital

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NaaS Technology Inc. ADR (NAAS) quality: score, margins and returns

NaaS Technology Inc. ADR (NAAS) scores 45/100 on Intrinsiqq's quality score (a mixed business), a weighted blend of 6 metrics each scored 0 to 100, on -152.4% operating margins and -18.2% ROIC. Every metric is computed from company filings; this is analysis, not investment advice.

Frequently asked

Is NaaS Technology Inc. ADR (NAAS) a high-quality business?+

NaaS Technology Inc. ADR scores 45 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which rates it a mixed business on these measures. Recent figures include a -152.4% operating margin and a -18.2% return on invested capital. Quality and price are separate questions: even a great business can be a poor investment if you overpay, so read this score alongside the valuation. The metric-by-metric breakdown is on this scorecard.

What does NaaS Technology Inc. ADR's quality score measure?+

Intrinsiqq's quality score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, change in share count, and balance-sheet strength, each computed from NAAS's company filings rather than opinion or sentiment. A higher score means a more durable, capital-efficient business; it is not a buy or sell signal. Open each metric on this page to see exactly where NaaS Technology Inc. ADR scores well and where it falls behind.

What is NaaS Technology Inc. ADR's return on invested capital (ROIC)?+

NaaS Technology Inc. ADR earns about -18.2% on its invested capital, which is weak. ROIC measures how much profit a company generates per dollar put to work; sustained ROIC above its cost of capital is one of the clearest signs of a real competitive moat. Compare it to NAAS's margins and growth on this scorecard to judge durability.

How profitable is NaaS Technology Inc. ADR?+

NaaS Technology Inc. ADR runs an operating margin of about -152.4% and a net margin of about -359.6%. Revenue has grown at roughly 39.1% a year recently. High, stable margins usually point to pricing power and operating discipline. Margins are most telling next to growth and returns on capital, all of which feed this quality score. This is analysis from company filings, not investment advice.

How the market compares: US profitability statistics

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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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