Bangkok Commercial Asset Management PCL (BKK:BAM) Scaled Net Operating Assets: 0.95 (As of Mar. 2026)


BKK:BAM Bangkok Commercial Asset Management PCL BKK:BAM
63 GF Score
Price ฿6.55
GF Value ฿7.29
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Bangkok Commercial Asset Management PCL Scaled Net Operating Assets?

Bangkok Commercial Asset Management PCL BKK:BAM 63 Scaled Net Operating Assets is 0.95 as of Mar. 2026. GuruFocus rates BKK:BAM with a GF Score™ of 63/100 and a GF Value™ of ฿7.29 (Modestly Undervalued). 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.

Bangkok Commercial Asset Management PCL's operating assets for the quarter that ended in Mar. 2026 was ฿131,823 Mil. Bangkok Commercial Asset Management PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿2,507 Mil. Bangkok Commercial Asset Management PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿136,028 Mil. Therefore, Bangkok Commercial Asset Management PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.95.


Bangkok Commercial Asset Management PCL Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Bangkok Commercial Asset Management 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.

Bangkok Commercial Asset Management PCL Scaled Net Operating Assets Chart

Bangkok Commercial Asset Management 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 0.90 0.97 1.00 0.99 0.93

Bangkok Commercial Asset Management 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 0.96 0.95 0.96 0.96 0.95

BKK:BAM vs BLK, BX, KKR: Scaled Net Operating Assets Comparison

For the Asset Management subindustry, Bangkok Commercial Asset Management 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.


Bangkok Commercial Asset Management PCL Scaled Net Operating Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Bangkok Commercial Asset Management PCL's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Bangkok Commercial Asset Management PCL's Scaled Net Operating Assets falls into.


BKK:BAM
63GF Score
Bangkok Commercial Asset Management PCL BKK:BAM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Bangkok Commercial Asset Management 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.

Bangkok Commercial Asset Management 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 )
=(133218.104-3030.064)/140634.706
=0.93

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=136027.54 - 2809.436
=133218.104

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=91113.928 - 61327.864 - 26756
=3030.064

Bangkok Commercial Asset Management 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 )
=(131822.727-2507.19)/136027.54
=0.95

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=133190.193 - 1367.466
=131822.727

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=88213.539 - 59851.349 - 25855
=2507.19

* 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 0.95 mean?
Bangkok Commercial Asset Management PCL (BKK:BAM) has a Scaled Net Operating Assets of 0.95 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 Bangkok Commercial Asset Management PCL and its competitors.
Is Bangkok Commercial Asset Management PCL's Scaled Net Operating Assets too high?
Bangkok Commercial Asset Management PCL's current Scaled Net Operating Assets is 0.95. Overall, Bangkok Commercial Asset Management PCL has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bangkok Commercial Asset Management PCL's Scaled Net Operating Assets compare to BLK and BX?
Bangkok Commercial Asset Management PCL's Scaled Net Operating Assets of 0.95 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Bangkok Commercial Asset Management PCL and its competitors. Bangkok Commercial Asset Management PCL's current Scaled Net Operating Assets is 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Commercial Asset Management PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Commercial Asset Management PCL (BKK:BAM) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿7.29, compared to a current price of ฿6.55 — trading 10.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.95. Bangkok Commercial Asset Management PCL's overall GF Score™ is 63/100 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 Bangkok Commercial Asset Management PCL (BKK:BAM), the current Scaled Net Operating Assets is 0.95 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 Bangkok Commercial Asset Management PCL (BKK:BAM) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Commercial Asset Management PCL stock appears to be undervalued. The current stock price of ฿6.55 is trading 10.2% below its estimated GF Value™ of ฿7.29. GuruFocus considers Bangkok Commercial Asset Management PCL to be Modestly Undervalued.

Key valuation signals for BKK:BAM:

  • Scaled Net Operating Assets: 0.95
  • GF Value™: ฿7.29 vs. price of ฿6.55 (10.2% below fair value)
  • GF Score™: 63/100 with 5 warning signs

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


Bangkok Commercial Asset Management PCL Business Description

Other Exchanges BAM-F:Thailand
Address 99 Surasak Road, Silom Subdistrict, Bangrak District, Bangkok, THA, 10500
Bangkok Commercial Asset Management PCL engages in purchasing or receiving transfers of non-performing loans (NPLs) and non-performing assets (NPAs) for management and disposal. The Company focuses on asset management operations conducted only in Thailand. Its services include acquiring NPLs from financial institutions and managing them mainly through debt negotiation. It also acquires NPAs from financial institutions, including assets from debt settlements and collateral purchased at auctions from the Legal Execution Department, and adds value by improving and developing properties to make them ready for occupancy for target customers.
63GF Score

Get the complete analysis for BKK:BAM

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

฿6.55
Price
฿7.29
GF Value