Dexon Technology PCL (BKK:DEXON) Scaled Net Operating Assets: 0.59 (As of Dec. 2025)


BKK:DEXON Dexon Technology PCL BKK:DEXON
39 GF Score
Price ฿0.80
GF Value ฿2.00
Valuation Possible Value Trap
! 1 Warning Sign
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What is Dexon Technology PCL Scaled Net Operating Assets?

Dexon Technology PCL BKK:DEXON -2.44% 39 Scaled Net Operating Assets is 0.59 as of Dec. 2025. GuruFocus rates BKK:DEXON with a GF Score™ of 39/100 and a GF Value™ of ฿2.00 (Possible Value Trap). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Dexon Technology PCL's operating assets for the quarter that ended in Dec. 2025 was ฿797.0 Mil. Dexon Technology PCL's operating liabilities for the quarter that ended in Dec. 2025 was ฿124.7 Mil. Dexon Technology PCL's Total Assets for the quarter that ended in Sep. 2025 was ฿1,143.9 Mil. Therefore, Dexon Technology PCL's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.59.


Dexon Technology PCL Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Dexon Technology 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.

Dexon Technology PCL Scaled Net Operating Assets Chart

Dexon Technology PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.77 0.84 1.03 0.76 0.71

Dexon Technology PCL Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.66 0.85 0.77 0.73 0.59

BKK:DEXON vs SLB, BKR, HAL: Scaled Net Operating Assets Comparison

For the Oil & Gas Equipment & Services subindustry, Dexon Technology 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.


Dexon Technology PCL Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dexon Technology PCL's Scaled Net Operating Assets distribution charts can be found below:

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


BKK:DEXON
39GF Score
Dexon Technology PCL BKK:DEXON
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Dexon Technology 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.

Dexon Technology 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 )
=(796.96-124.743)/950.795
=0.71

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=987.804 - 190.844
=796.96

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=337.036 - 57.811 - 154.482
=124.743

Dexon Technology PCL's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Sep. 2025 )
=(796.96-124.743)/1143.883
=0.59

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=987.804 - 190.844
=796.96

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=337.036 - 57.811 - 154.482
=124.743

* 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 0.59 mean?
Dexon Technology PCL (BKK:DEXON) has a Scaled Net Operating Assets of 0.59 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Dexon Technology PCL and its competitors.
Is Dexon Technology PCL's Scaled Net Operating Assets too high?
Dexon Technology PCL's current Scaled Net Operating Assets is 0.59. Overall, Dexon Technology PCL has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dexon Technology PCL's Scaled Net Operating Assets compare to SLB and BKR?
Dexon Technology PCL's Scaled Net Operating Assets of 0.59 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas 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 Dexon Technology PCL and its competitors. Dexon Technology PCL's current Scaled Net Operating Assets is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dexon Technology PCL stock overvalued right now?
Based on GuruFocus' analysis, Dexon Technology PCL (BKK:DEXON) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.00, compared to a current price of ฿0.80 — trading 60% below its estimated fair value. The current Scaled Net Operating Assets is 0.59. Dexon Technology PCL's overall GF Score™ is 39/100 with 1 warning sign 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 Dexon Technology PCL (BKK:DEXON), the current Scaled Net Operating Assets is 0.59 as of Dec. 2025. 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 Dexon Technology PCL (BKK:DEXON) Overvalued in 2026?

Based on GuruFocus' analysis, Dexon Technology PCL stock appears to be undervalued. The current stock price of ฿0.80 is trading 60% below its estimated GF Value™ of ฿2.00. GuruFocus considers Dexon Technology PCL to be Possible Value Trap.

Key valuation signals for BKK:DEXON:

  • Scaled Net Operating Assets: 0.59
  • GF Value™: ฿2.00 vs. price of ฿0.80 (60% below fair value)
  • GF Score™: 39/100 with 1 warning sign

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


Dexon Technology PCL Business Description

Industry EnergyOil & Gas
Address Sukhumvit Road, 78/4-5 Moo 6, Ban Chang, Rayong, THA, 21130
Dexon Technology PCL provides non-destructive inspection services, inspection training across a range of inspection standards, and distributes tools, spare parts, and equipment used for the inspection of goods quality. The Group is organised into business units based on its services and has eight reportable segments as follows: Conventional non-destructive inspection; Advance non-destructive testing technology; Advance in-line inspection technology; Research and development innovation; Asset integrity management service; Mechanical and maintenance personnel services; Training services; and Sales. It generates the majority of its revenue from Advance inspection technology.
39GF Score

Get the complete analysis for BKK:DEXON

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

฿0.80
Price
฿2.00
GF Value