Bangkok Life Assurance PCL (BKK:BLA-R) Scaled Net Operating Assets: -0.71 (As of Mar. 2026)


BKK:BLA-R Bangkok Life Assurance PCL BKK:BLA-R
62 GF Score
Price ฿19.39
GF Value ฿17.87
! 4 Warning Signs
View Full Analysis

What is Bangkok Life Assurance PCL Scaled Net Operating Assets?

Bangkok Life Assurance PCL BKK:BLA-R 62 Scaled Net Operating Assets is -0.71 as of Mar. 2026. GuruFocus rates BKK:BLA-R with a GF Score™ of 62/100 and a GF Value™ of ฿17.87. The stock has 4 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 Life Assurance PCL's operating assets for the quarter that ended in Mar. 2026 was ฿22,554 Mil. Bangkok Life Assurance PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿247,642 Mil. Bangkok Life Assurance PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿315,973 Mil. Therefore, Bangkok Life Assurance PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.71.

BKK:BLA-R
62GF Score
Bangkok Life Assurance PCL BKK:BLA-R
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bangkok Life Assurance 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 Life Assurance 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 )
=(309290.296-260776.894)/315342.699
=0.15

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=315972.92 - 6682.624
=309290.296

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=260776.894 - 0 - 0
=260776.894

Bangkok Life Assurance 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 )
=(22554.317-247641.85)/315972.92
=-0.71

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=300702.425 - 278148.108
=22554.317

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=247641.85 - 0 - 0
=247641.85

* 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 -0.71 mean?
Bangkok Life Assurance PCL (BKK:BLA-R) has a Scaled Net Operating Assets of -0.71 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 Life Assurance PCL and its competitors.
Is Bangkok Life Assurance PCL's Scaled Net Operating Assets too high?
Bangkok Life Assurance PCL's current Scaled Net Operating Assets is -0.71. Overall, Bangkok Life Assurance PCL has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Bangkok Life Assurance PCL's Scaled Net Operating Assets compare to AFL and MET?
Bangkok Life Assurance PCL's Scaled Net Operating Assets of -0.71 can be compared against companies in the Insurance 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 Insurance company?
A good Scaled Net Operating Assets depends on the Insurance 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 Life Assurance PCL and its competitors. Bangkok Life Assurance PCL's current Scaled Net Operating Assets is -0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Life Assurance PCL stock overvalued right now?
Bangkok Life Assurance PCL (BKK:BLA-R) has a current Scaled Net Operating Assets of -0.71. The stock's GF Value™ is ฿17.87, compared to a current price of ฿19.39 — trading 8.5% above its estimated fair value. The current Scaled Net Operating Assets is -0.71. Bangkok Life Assurance PCL's overall GF Score™ is 62/100 with 4 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 Life Assurance PCL (BKK:BLA-R), the current Scaled Net Operating Assets is -0.71 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 Life Assurance PCL (BKK:BLA-R) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Life Assurance PCL stock appears to be overvalued. The current stock price of ฿19.39 is trading 8.5% above its estimated GF Value™ of ฿17.87.

Key valuation signals for BKK:BLA-R:

  • Scaled Net Operating Assets: -0.71
  • GF Value™: ฿17.87 vs. price of ฿19.39 (8.5% above fair value)
  • GF Score™: 62/100 with 4 warning signs

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

Bangkok Life Assurance PCL Business Description

Address No. 1415, Krungthep - Nonthaburi Road, Wong Sawang Subdistrict, Bangsue District, Bangkok, THA, 10800
Bangkok Life Assurance PCL is a Thai financial services group engaged in life insurance services. Its product portfolio contains life insurance, general insurance, mutual funds, credit protection plans, home loans, and bancassurance products, serving both individuals and corporations. The company, along with its subsidiaries, operates its core business in a single segment, which is the life insurance business, and in a single geographic area, which is Thailand.
62GF Score

Get the complete analysis for BKK:BLA-R

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

฿19.39
Price
฿17.87
GF Value