B.Grimm Power PCL (BKK:BGRIM) Scaled Net Operating Assets: 0.85 (As of Mar. 2026)

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BKK:BGRIM B.Grimm Power PCL BKK:BGRIM
83 GF Score
Price ฿19.20
GF Value ฿20.65
Valuation Fairly Valued
! 12 Warning Signs
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What is B.Grimm Power PCL Scaled Net Operating Assets?

B.Grimm Power PCL BKK:BGRIM -2.54% 83 Scaled Net Operating Assets is 0.85 as of Mar. 2026. GuruFocus rates BKK:BGRIM with a GF Score™ of 83/100 and a GF Value™ of ฿20.65 (Fairly Valued). The stock has 12 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.

B.Grimm Power PCL's operating assets for the quarter that ended in Mar. 2026 was ฿169,098 Mil. B.Grimm Power PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿12,870 Mil. B.Grimm Power PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿183,046 Mil. Therefore, B.Grimm Power PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.85.


B.Grimm Power PCL Scaled Net Operating Assets Historical Data

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The historical data trend for B.Grimm Power 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.

B.Grimm Power PCL Scaled Net Operating Assets Chart

B.Grimm Power 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 0.85 0.86 0.79 0.85 0.81

B.Grimm Power 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 0.82 0.80 0.81 0.81 0.85

BKK:BGRIM vs CEG, VST, NRG: Scaled Net Operating Assets Comparison

For the Utilities - Independent Power Producers subindustry, B.Grimm Power 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.


B.Grimm Power PCL Scaled Net Operating Assets vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where B.Grimm Power PCL's Scaled Net Operating Assets falls into.


BKK:BGRIM
83GF Score
B.Grimm Power PCL BKK:BGRIM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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B.Grimm Power 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.

B.Grimm Power 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 )
=(158873.827-13005.452)/180900.72
=0.81

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=183046.037 - 24172.21
=158873.827

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=133685.995 - 106273.19 - 14407.353
=13005.452

B.Grimm Power 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 )
=(169098.212-12869.797)/183046.037
=0.85

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=189541.068 - 20442.856
=169098.212

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=138684.13 - 107462.631 - 18351.702
=12869.797

* 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 0.85 mean?
B.Grimm Power PCL (BKK:BGRIM) has a Scaled Net Operating Assets of 0.85 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 B.Grimm Power PCL and its competitors.
Is B.Grimm Power PCL's Scaled Net Operating Assets too high?
B.Grimm Power PCL's current Scaled Net Operating Assets is 0.85. Overall, B.Grimm Power PCL has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does B.Grimm Power PCL's Scaled Net Operating Assets compare to CEG and VST?
B.Grimm Power PCL's Scaled Net Operating Assets of 0.85 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 B.Grimm Power PCL and its competitors. B.Grimm Power PCL's current Scaled Net Operating Assets is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B.Grimm Power PCL stock overvalued right now?
Based on GuruFocus' analysis, B.Grimm Power PCL (BKK:BGRIM) is currently considered Fairly Valued. The stock's GF Value™ is ฿20.65, compared to a current price of ฿19.20 — trading 7% below its estimated fair value. The current Scaled Net Operating Assets is 0.85. B.Grimm Power PCL's overall GF Score™ is 83/100 with 12 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 B.Grimm Power PCL (BKK:BGRIM), the current Scaled Net Operating Assets is 0.85 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 B.Grimm Power PCL (BKK:BGRIM) Overvalued in 2026?

Based on GuruFocus' analysis, B.Grimm Power PCL stock appears to be undervalued. The current stock price of ฿19.20 is trading 7% below its estimated GF Value™ of ฿20.65. GuruFocus considers B.Grimm Power PCL to be Fairly Valued.

Key valuation signals for BKK:BGRIM:

  • Scaled Net Operating Assets: 0.85
  • GF Value™: ฿20.65 vs. price of ฿19.20 (7% below fair value)
  • GF Score™: 83/100 with 12 warning signs

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


B.Grimm Power PCL Business Description

Other Exchanges BGRIM-F:Thailand
Address 5, Krungthepkreetha Road, Dr. Gerhard Link Building, Huamark, Bangkapi, Bangkok, THA, 10240
B.Grimm Power PCL, along with its subsidiaries, is engaged in the generation and distribution of electricity for the government sectors and Industrial Users, both in Thailand and overseas. The company operates through two reportable segments: 1) Electricity generating: This segment is the generation and distribution of electricity for the government sectors and industrial users both in Thailand and overseas and procure and wholesale liquefied natural gas to the entities in the Group. 2) Other businesses: This segment is the business of investment holding, maintenance, and operating services forpower plants. The majority of the company's revenue comes from Electricity generating segment. Geographically, it derives the maximum revenue from Thailand.
83GF Score

Get the complete analysis for BKK:BGRIM

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

฿19.20
Price
฿20.65
GF Value