Thai Credit Bank PCL (BKK:CREDIT) Scaled Net Operating Assets: 0.12 (As of Jun. 2026)

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BKK:CREDIT Thai Credit Bank PCL BKK:CREDIT
26 GF Score
Price ฿22.80
GF Value ฿19.78
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Thai Credit Bank PCL Scaled Net Operating Assets?

Thai Credit Bank PCL BKK:CREDIT 26 Scaled Net Operating Assets is 0.12 as of Jun. 2026. GuruFocus rates BKK:CREDIT with a GF Score™ of 26/100 and a GF Value™ of ฿19.78 (Modestly Overvalued). 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.

Thai Credit Bank PCL's operating assets for the quarter that ended in Jun. 2026 was ฿221,603 Mil. Thai Credit Bank PCL's operating liabilities for the quarter that ended in Jun. 2026 was ฿194,369 Mil. Thai Credit Bank PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿220,741 Mil. Therefore, Thai Credit Bank PCL's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.12.

BKK:CREDIT
26GF Score
Thai Credit Bank PCL BKK:CREDIT
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Credit Bank 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 Credit Bank 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 )
=(205644.557-171284.149)/183101.798
=0.19

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=209542.019 - 3897.462
=205644.557

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=183247.113 - 11962.964 - 0
=171284.149

Thai Credit Bank PCL's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(221602.702-194369.326)/220740.655
=0.12

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=228760.962 - 7158.26
=221602.702

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=201505.852 - 6979.927 - 156.599
=194369.326

* 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 0.12 mean?
Thai Credit Bank PCL (BKK:CREDIT) has a Scaled Net Operating Assets of 0.12 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Thai Credit Bank PCL and its competitors.
Is Thai Credit Bank PCL's Scaled Net Operating Assets too high?
Thai Credit Bank PCL's current Scaled Net Operating Assets is 0.12. Overall, Thai Credit Bank PCL has a GF Score™ of 26/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Credit Bank PCL's Scaled Net Operating Assets compare to USB and PNC?
Thai Credit Bank PCL's Scaled Net Operating Assets of 0.12 can be compared against companies in the Banks 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 Banks company?
A good Scaled Net Operating Assets depends on the Banks 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 Credit Bank PCL and its competitors. Thai Credit Bank PCL's current Scaled Net Operating Assets is 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Credit Bank PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Credit Bank PCL (BKK:CREDIT) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿19.78, compared to a current price of ฿22.80 — trading 15.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.12. Thai Credit Bank PCL's overall GF Score™ is 26/100 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 Thai Credit Bank PCL (BKK:CREDIT), the current Scaled Net Operating Assets is 0.12 as of Jun. 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 Credit Bank PCL (BKK:CREDIT) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Credit Bank PCL stock appears to be overvalued. The current stock price of ฿22.80 is trading 15.3% above its estimated GF Value™ of ฿19.78. GuruFocus considers Thai Credit Bank PCL to be Modestly Overvalued.

Key valuation signals for BKK:CREDIT:

  • Scaled Net Operating Assets: 0.12
  • GF Value™: ฿19.78 vs. price of ฿22.80 (15.3% above fair value)
  • GF Score™: 26/100 with 5 warning signs

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

Thai Credit Bank PCL Business Description

Address Rama 9 Road, 123 V. One Tower Building, Huai Khwang, Huai Khwang District, Bangkok, THA, 10310
Thai Credit Bank PCL is a commercial bank in Thailand. It provides comprehensive financial and investment services and focuses on providing micro SME business loans (MSME) and Nano and Micro Finance to small business entrepreneurs. The Group has 2 operating segments: e-wallet business, which is operated by its subsidiary; and banking business which comprises of business loans - SMEs and Microfinance, retail loans secured by residential property - Housing loans and Home for Cash, and other segments, e.g., personal loans, gold loans, and treasury activities. The company generates the majority of its revenue from the banking business.
26GF Score

Get the complete analysis for BKK:CREDIT

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

฿22.80
Price
฿19.78
GF Value