Kina Securities (ASX:KSL) Scaled Net Operating Assets: -0.10 (As of Dec. 2025)

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ASX:KSL Kina Securities Ltd ASX:KSL
79 GF Score
Price A$1.25
GF Value A$1.18
Valuation Fairly Valued
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What is Kina Securities Scaled Net Operating Assets?

Kina Securities ASX:KSL +0.40% 79 Scaled Net Operating Assets is -0.10 as of Dec. 2025. GuruFocus rates ASX:KSL with a GF Score™ of 79/100 and a GF Value™ of A$1.18 (Fairly Valued).

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Kina Securities's operating assets for the quarter that ended in Dec. 2025 was A$1,340.7 Mil. Kina Securities's operating liabilities for the quarter that ended in Dec. 2025 was A$1,520.2 Mil. Kina Securities's Total Assets for the quarter that ended in Jun. 2025 was A$1,724.2 Mil. Therefore, Kina Securities's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.10.

ASX:KSL
79GF Score
Kina Securities Ltd ASX:KSL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Kina Securities 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.

Kina Securities'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 )
=(1357.626-1520.151)/1659.459
=-0.10

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1762.247 - 404.621
=1357.626

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1533.876 - 13.725 - 0
=1520.151

Kina Securities's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(1340.67-1520.151)/1724.186
=-0.10

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1762.247 - 421.577
=1340.67

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1533.876 - 13.725 - 0
=1520.151

* 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 -0.10 mean?
Kina Securities (ASX:KSL) has a Scaled Net Operating Assets of -0.10 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 Kina Securities and its competitors.
Is Kina Securities' Scaled Net Operating Assets too high?
Kina Securities' current Scaled Net Operating Assets is -0.10. Overall, Kina Securities has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kina Securities' Scaled Net Operating Assets compare to VOYA and FRHC?
Kina Securities' Scaled Net Operating Assets of -0.10 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Scaled Net Operating Assets depends on the Diversified Financial Services 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 Kina Securities and its competitors. Kina Securities's current Scaled Net Operating Assets is -0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kina Securities stock overvalued right now?
Based on GuruFocus' analysis, Kina Securities (ASX:KSL) is currently considered Fairly Valued. The stock's GF Value™ is A$1.18, compared to a current price of A$1.25 — trading 5.5% above its estimated fair value. The current Scaled Net Operating Assets is -0.10. Kina Securities' overall GF Score™ is 79/100. 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 Kina Securities (ASX:KSL), the current Scaled Net Operating Assets is -0.10 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 Kina Securities (ASX:KSL) Overvalued in 2026?

Based on GuruFocus' analysis, Kina Securities stock appears to be overvalued. The current stock price of A$1.25 is trading 5.5% above its estimated GF Value™ of A$1.18. GuruFocus considers Kina Securities to be Fairly Valued.

Key valuation signals for ASX:KSL:

  • Scaled Net Operating Assets: -0.10
  • GF Value™: A$1.18 vs. price of A$1.25 (5.5% above fair value)
  • GF Score™: 79/100

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


Kina Securities Business Description

Address Douglas Street, PO Box 1141, 9th Level, Kina Bank Haus, Port Moresby, PNG, NCD 121
Kina Securities Ltd provides diversified financial products and services. The company offers banking services, personal and commercial loans, money market operations, provision of share brokerage, fund administration, investment management services asset financing, and corporate advice. The Group's reportable segments include Banking & Finance and Wealth Management. The Banking & Finance segment includes the operations of the Bank while the Wealth Management segment includes fund management and fund administration business. It derives the majority of its revenues from the banking segment.
79GF Score

Get the complete analysis for ASX:KSL

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$1.25
Price
A$1.18
GF Value