Ananda Development PCL (BKK:ANAN) Scaled Net Operating Assets: 0.79 (As of Mar. 2026)

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BKK:ANAN Ananda Development PCL BKK:ANAN
29 GF Score
Price ฿0.34
GF Value ฿0.62
Valuation Possible Value Trap
! 5 Warning Signs
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What is Ananda Development PCL Scaled Net Operating Assets?

Ananda Development PCL BKK:ANAN 29 Scaled Net Operating Assets is 0.79 as of Mar. 2026. GuruFocus rates BKK:ANAN with a GF Score™ of 29/100 and a GF Value™ of ฿0.62 (Possible Value Trap). The stock has 5 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.

Ananda Development PCL's operating assets for the quarter that ended in Mar. 2026 was ฿25,972 Mil. Ananda Development PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿3,299 Mil. Ananda Development PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿28,767 Mil. Therefore, Ananda Development PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.79.


Ananda Development PCL Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Ananda Development 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.

Ananda Development PCL Scaled Net Operating Assets Chart

Ananda Development 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 0.78 0.80 0.68 0.66 0.84

Ananda Development 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 0.84 0.88 0.84 0.84 0.79

Ananda Development PCL Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Development subindustry, Ananda Development 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.


Ananda Development PCL Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ananda Development PCL's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Ananda Development PCL's Scaled Net Operating Assets falls into.


BKK:ANAN
29GF Score
Ananda Development PCL BKK:ANAN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ananda Development 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.

Ananda Development 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 )
=(27799.298-3316.683)/29018.622
=0.84

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=28767.041 - 967.743
=27799.298

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=16973.61 - 2549.255 - 11107.672
=3316.683

Ananda Development 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 )
=(25971.817-3299.067)/28767.041
=0.79

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=26260.991 - 289.174
=25971.817

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14606.413 - 2728.128 - 8579.218
=3299.067

* 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 0.79 mean?
Ananda Development PCL (BKK:ANAN) has a Scaled Net Operating Assets of 0.79 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 Ananda Development PCL and its competitors.
Is Ananda Development PCL's Scaled Net Operating Assets too high?
Ananda Development PCL's current Scaled Net Operating Assets is 0.79. Overall, Ananda Development PCL has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ananda Development PCL's Scaled Net Operating Assets compare to competitors?
Ananda Development PCL's Scaled Net Operating Assets of 0.79 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Ananda Development PCL and its competitors. Ananda Development PCL's current Scaled Net Operating Assets is 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ananda Development PCL stock overvalued right now?
Based on GuruFocus' analysis, Ananda Development PCL (BKK:ANAN) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.62, compared to a current price of ฿0.34 — trading 45.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.79. Ananda Development PCL's overall GF Score™ is 29/100 with 5 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 Ananda Development PCL (BKK:ANAN), the current Scaled Net Operating Assets is 0.79 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 Ananda Development PCL (BKK:ANAN) Overvalued in 2026?

Based on GuruFocus' analysis, Ananda Development PCL stock appears to be undervalued. The current stock price of ฿0.34 is trading 45.2% below its estimated GF Value™ of ฿0.62. GuruFocus considers Ananda Development PCL to be Possible Value Trap.

Key valuation signals for BKK:ANAN:

  • Scaled Net Operating Assets: 0.79
  • GF Value™: ฿0.62 vs. price of ฿0.34 (45.2% below fair value)
  • GF Score™: 29/100 with 5 warning signs

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


Ananda Development PCL Business Description

Address Bangna-Trad (Km.10.5) Road, No. 99/1 Moo 14, Soi Windmill Housing Estate, Bangpleeyai, Bangplee, Samutprakarn, THA, 10540
Ananda Development PCL is engaged in developing and selling real estate, providing house construction services, and managing real estate development projects. Along with its subsidiaries, the company's reportable segments are as follows: the Real estate development segment, which develops all types of real estate projects; the Management of real estate development projects segment, which provides management services for real estate projects; the Service apartments segment; and Other segments, which include services relating to real estate brokerage, among other things. A majority of its revenue is generated from the Real estate segment. Geographically, the company mainly operates in Thailand.
29GF Score

Get the complete analysis for BKK:ANAN

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

฿0.34
Price
฿0.62
GF Value