Bangsaphan Barmill PCL (BKK:BSBM) Scaled Net Operating Assets: 0.61 (As of Mar. 2026)

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BKK:BSBM Bangsaphan Barmill PCL BKK:BSBM
43 GF Score
Price ฿0.73
GF Value ฿0.57
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Bangsaphan Barmill PCL Scaled Net Operating Assets?

Bangsaphan Barmill PCL BKK:BSBM +4.29% 43 Scaled Net Operating Assets is 0.61 as of Mar. 2026. GuruFocus rates BKK:BSBM with a GF Score™ of 43/100 and a GF Value™ of ฿0.57 (Modestly Overvalued). The stock has 2 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.

Bangsaphan Barmill PCL's operating assets for the quarter that ended in Mar. 2026 was ฿1,021.2 Mil. Bangsaphan Barmill PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿24.7 Mil. Bangsaphan Barmill PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿1,623.0 Mil. Therefore, Bangsaphan Barmill PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.61.


Bangsaphan Barmill PCL Scaled Net Operating Assets Historical Data

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The historical data trend for Bangsaphan Barmill 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.

Bangsaphan Barmill PCL Scaled Net Operating Assets Chart

Bangsaphan Barmill 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 0.62 0.65 0.62 0.51 0.51

Bangsaphan Barmill 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 0.57 0.51 0.45 0.52 0.61

BKK:BSBM vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, Bangsaphan Barmill 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.


Bangsaphan Barmill PCL Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, Bangsaphan Barmill PCL's Scaled Net Operating Assets distribution charts can be found below:

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


BKK:BSBM
43GF Score
Bangsaphan Barmill PCL BKK:BSBM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bangsaphan Barmill 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.

Bangsaphan Barmill 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 )
=(875.922-16.576)/1688.424
=0.51

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1622.958 - 747.036
=875.922

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18.326 - 0 - 1.75
=16.576

Bangsaphan Barmill 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 )
=(1021.192-24.744)/1622.958
=0.61

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1634.854 - 613.662
=1021.192

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=25.828 - 0 - 1.084
=24.744

* 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 0.61 mean?
Bangsaphan Barmill PCL (BKK:BSBM) has a Scaled Net Operating Assets of 0.61 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 Bangsaphan Barmill PCL and its competitors.
Is Bangsaphan Barmill PCL's Scaled Net Operating Assets too high?
Bangsaphan Barmill PCL's current Scaled Net Operating Assets is 0.61. Overall, Bangsaphan Barmill PCL has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bangsaphan Barmill PCL's Scaled Net Operating Assets compare to NUE and STLD?
Bangsaphan Barmill PCL's Scaled Net Operating Assets of 0.61 can be compared against companies in the Steel 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 Steel company?
A good Scaled Net Operating Assets depends on the Steel 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 Bangsaphan Barmill PCL and its competitors. Bangsaphan Barmill PCL's current Scaled Net Operating Assets is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangsaphan Barmill PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangsaphan Barmill PCL (BKK:BSBM) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.57, compared to a current price of ฿0.73 — trading 28.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.61. Bangsaphan Barmill PCL's overall GF Score™ is 43/100 with 2 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 Bangsaphan Barmill PCL (BKK:BSBM), the current Scaled Net Operating Assets is 0.61 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 Bangsaphan Barmill PCL (BKK:BSBM) Overvalued in 2026?

Based on GuruFocus' analysis, Bangsaphan Barmill PCL stock appears to be overvalued. The current stock price of ฿0.73 is trading 28.1% above its estimated GF Value™ of ฿0.57. GuruFocus considers Bangsaphan Barmill PCL to be Modestly Overvalued.

Key valuation signals for BKK:BSBM:

  • Scaled Net Operating Assets: 0.61
  • GF Value™: ฿0.57 vs. price of ฿0.73 (28.1% above fair value)
  • GF Score™: 43/100 with 2 warning signs

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


Bangsaphan Barmill PCL Business Description

Address Surasak Road, Kwang Silom, 28/1 Prapawit building, 8th Floor, Khet Bangrak, Bangkok, THA, 10500
Bangsaphan Barmill PCL is principally engaged in the manufacture and distribution of deformed and round steel bars. Its operation is carried on exclusively in Thailand.
43GF Score

Get the complete analysis for BKK:BSBM

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

฿0.73
Price
฿0.57
GF Value