Absolute Clean Energy PCL (BKK:ACE) Scaled Net Operating Assets: 0.94 (As of Mar. 2026)

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BKK:ACE Absolute Clean Energy PCL BKK:ACE
78 GF Score
Price ฿1.29
GF Value ฿1.38
Valuation Fairly Valued
! 6 Warning Signs
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What is Absolute Clean Energy PCL Scaled Net Operating Assets?

Absolute Clean Energy PCL BKK:ACE 78 Scaled Net Operating Assets is 0.94 as of Mar. 2026. GuruFocus rates BKK:ACE with a GF Score™ of 78/100 and a GF Value™ of ฿1.38 (Fairly Valued). The stock has 6 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.

Absolute Clean Energy PCL's operating assets for the quarter that ended in Mar. 2026 was ฿25,045 Mil. Absolute Clean Energy PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿960 Mil. Absolute Clean Energy PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿25,654 Mil. Therefore, Absolute Clean Energy PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.94.


Absolute Clean Energy PCL Scaled Net Operating Assets Historical Data

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The historical data trend for Absolute Clean Energy PCL'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.

Absolute Clean Energy PCL Scaled Net Operating Assets Chart

Absolute Clean Energy PCL 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 1.05 1.01 0.99 1.09 0.95

Absolute Clean Energy PCL 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 0.94 0.92 0.94 0.92 0.94

Absolute Clean Energy PCL Scaled Net Operating Assets Competitor Comparison

For the Utilities - Renewable subindustry, Absolute Clean Energy PCL'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.


Absolute Clean Energy PCL Scaled Net Operating Assets vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Absolute Clean Energy PCL's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Absolute Clean Energy PCL's Scaled Net Operating Assets falls into.


BKK:ACE
78GF Score
Absolute Clean Energy PCL BKK:ACE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Absolute Clean Energy PCL 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.

Absolute Clean Energy PCL'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 )
=(24623.749-860.031)/25113.695
=0.95

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=25653.553 - 1029.804
=24623.749

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9121.221 - 6906.049 - 1355.141
=860.031

Absolute Clean Energy PCL'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 )
=(25045.23-959.918)/25653.553
=0.94

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=25800.881 - 755.651
=25045.23

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8954.951 - 6726.281 - 1268.752
=959.918

* 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 0.94 mean?
Absolute Clean Energy PCL (BKK:ACE) has a Scaled Net Operating Assets of 0.94 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 Absolute Clean Energy PCL and its competitors.
Is Absolute Clean Energy PCL's Scaled Net Operating Assets too high?
Absolute Clean Energy PCL's current Scaled Net Operating Assets is 0.94. Overall, Absolute Clean Energy PCL has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Absolute Clean Energy PCL's Scaled Net Operating Assets compare to competitors?
Absolute Clean Energy PCL's Scaled Net Operating Assets of 0.94 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Scaled Net Operating Assets depends on the Utilities - Independent Power Producers 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 Absolute Clean Energy PCL and its competitors. Absolute Clean Energy PCL's current Scaled Net Operating Assets is 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Absolute Clean Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, Absolute Clean Energy PCL (BKK:ACE) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.38, compared to a current price of ฿1.29 — trading 6.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.94. Absolute Clean Energy PCL's overall GF Score™ is 78/100 with 6 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 Absolute Clean Energy PCL (BKK:ACE), the current Scaled Net Operating Assets is 0.94 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 Absolute Clean Energy PCL (BKK:ACE) Overvalued in 2026?

Based on GuruFocus' analysis, Absolute Clean Energy PCL stock appears to be undervalued. The current stock price of ฿1.29 is trading 6.5% below its estimated GF Value™ of ฿1.38. GuruFocus considers Absolute Clean Energy PCL to be Fairly Valued.

Key valuation signals for BKK:ACE:

  • Scaled Net Operating Assets: 0.94
  • GF Value™: ฿1.38 vs. price of ฿1.29 (6.5% below fair value)
  • GF Score™: 78/100 with 6 warning signs

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


Absolute Clean Energy PCL Business Description

Other Exchanges ACE-F:Thailand
Address Silom Road, 140/6 ITF Tower, 7th Floor, Suriyawong, Bang Rak District, Bangkok, THA, 10500
Absolute Clean Energy PCL operates biomass, municipal solid waste, natural gas, and solar energy power plants. The company operates in four reportable segments: biomass, natural gas, municipal solid waste, and solar energy power plants. The company operates only in Thailand. It generates the majority of its revenue from the Biomass power plants segment.
78GF Score

Get the complete analysis for BKK:ACE

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

฿1.29
Price
฿1.38
GF Value