Thai Coconut PCL (BKK:COCOCO) Scaled Net Operating Assets: 0.85 (As of Mar. 2026)

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BKK:COCOCO Thai Coconut PCL BKK:COCOCO
59 GF Score
Price ฿5.95
GF Value ฿11.51
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Thai Coconut PCL Scaled Net Operating Assets?

Thai Coconut PCL BKK:COCOCO -0.83% 59 Scaled Net Operating Assets is 0.85 as of Mar. 2026. GuruFocus rates BKK:COCOCO with a GF Score™ of 59/100 and a GF Value™ of ฿11.51 (Significantly Undervalued). The stock has 7 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.

Thai Coconut PCL's operating assets for the quarter that ended in Mar. 2026 was ฿7,907 Mil. Thai Coconut PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿1,231 Mil. Thai Coconut PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿7,870 Mil. Therefore, Thai Coconut PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.85.


Thai Coconut PCL Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Thai Coconut 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.

Thai Coconut PCL Scaled Net Operating Assets Chart

Thai Coconut PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.85 0.77 1.11 0.95 0.97

Thai Coconut PCL Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 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 0.80 0.89 0.82 0.80 0.85

BKK:COCOCO vs KHC, GIS: Scaled Net Operating Assets Comparison

For the Packaged Foods subindustry, Thai Coconut 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.


Thai Coconut PCL Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Coconut PCL's Scaled Net Operating Assets distribution charts can be found below:

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


BKK:COCOCO
59GF Score
Thai Coconut PCL BKK:COCOCO
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Coconut 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.

Thai Coconut 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 )
=(7445.387-1064.875)/6564.82
=0.97

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7869.533 - 424.146
=7445.387

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4399.857 - 1702.993 - 1631.989
=1064.875

Thai Coconut 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 )
=(7907.317-1230.517)/7869.533
=0.85

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8309.562 - 402.245
=7907.317

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4757.872 - 1707.61 - 1819.745
=1230.517

* 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?
Thai Coconut PCL (BKK:COCOCO) 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 Thai Coconut PCL and its competitors.
Is Thai Coconut PCL's Scaled Net Operating Assets too high?
Thai Coconut PCL's current Scaled Net Operating Assets is 0.85. Overall, Thai Coconut PCL has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Coconut PCL's Scaled Net Operating Assets compare to KHC and GIS?
Thai Coconut PCL's Scaled Net Operating Assets of 0.85 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 Thai Coconut PCL and its competitors. Thai Coconut 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 Thai Coconut PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Coconut PCL (BKK:COCOCO) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿11.51, compared to a current price of ฿5.95 — trading 48.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.85. Thai Coconut PCL's overall GF Score™ is 59/100 with 7 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 Thai Coconut PCL (BKK:COCOCO), 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 Thai Coconut PCL (BKK:COCOCO) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Coconut PCL stock appears to be undervalued. The current stock price of ฿5.95 is trading 48.3% below its estimated GF Value™ of ฿11.51. GuruFocus considers Thai Coconut PCL to be Significantly Undervalued.

Key valuation signals for BKK:COCOCO:

  • Scaled Net Operating Assets: 0.85
  • GF Value™: ฿11.51 vs. price of ฿5.95 (48.3% below fair value)
  • GF Score™: 59/100 with 7 warning signs

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


Thai Coconut PCL Business Description

Address Changwattana Road, 108/45 Soi Changwattana 20, Pakkred, Nonthaburi, THA, 11120
Thai Coconut PCL is engaged in the production and distribution of coconut products. The company operates as a manufacturer of coconut-based products, including coconut milk, coconut water, ready curry soups, and coconut snacks, produced under the Thaicoco and Cocoburi brands. It also produces industrial coconut-based products. Its reportable segments are: Coconut milk, Coconut water, and Pet food. It generates the majority of revenue from the Coconut water segment. Geographically, it generates the maximum revenue from Asia, followed by America, Europe, the Middle East, Oceania, and Africa.
59GF Score

Get the complete analysis for BKK:COCOCO

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

฿5.95
Price
฿11.51
GF Value