Ichitan Group PCL (BKK:ICHI-R) Scaled Net Operating Assets: 0.66 (As of Mar. 2026)


BKK:ICHI-R Ichitan Group PCL BKK:ICHI-R
94 GF Score
Price ฿10.60
GF Value ฿11.86
! 2 Warning Signs
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What is Ichitan Group PCL Scaled Net Operating Assets?

Ichitan Group PCL BKK:ICHI-R 94 Scaled Net Operating Assets is 0.66 as of Mar. 2026. GuruFocus rates BKK:ICHI-R with a GF Score™ of 94/100 and a GF Value™ of ฿11.86. 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.

Ichitan Group PCL's operating assets for the quarter that ended in Mar. 2026 was ฿5,631 Mil. Ichitan Group PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿1,178 Mil. Ichitan Group PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿6,791 Mil. Therefore, Ichitan Group PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.66.


Ichitan Group PCL Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Ichitan Group 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.

Ichitan Group PCL Scaled Net Operating Assets Chart

Ichitan Group 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 0.80 0.78 0.67 0.67 0.73

Ichitan Group 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 0.69 0.70 0.64 0.77 0.66

BKK:ICHI-R vs KO, PEP, MNST: Scaled Net Operating Assets Comparison

For the Beverages - Non-Alcoholic subindustry, Ichitan Group 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.


Ichitan Group PCL Scaled Net Operating Assets vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Ichitan Group PCL's Scaled Net Operating Assets distribution charts can be found below:

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


BKK:ICHI-R
94GF Score
Ichitan Group PCL BKK:ICHI-R
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ichitan Group 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.

Ichitan Group 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 )
=(6192.418-1050.245)/7081.394
=0.73

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6790.534 - 598.116
=6192.418

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1137.797 - 70.115 - 17.437
=1050.245

Ichitan Group 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 )
=(5630.981-1177.823)/6790.534
=0.66

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7197.373 - 1566.392
=5630.981

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1265.738 - 70.203 - 17.712
=1177.823

* 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 0.66 mean?
Ichitan Group PCL (BKK:ICHI-R) has a Scaled Net Operating Assets of 0.66 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 Ichitan Group PCL and its competitors.
Is Ichitan Group PCL's Scaled Net Operating Assets too high?
Ichitan Group PCL's current Scaled Net Operating Assets is 0.66. Overall, Ichitan Group PCL has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Ichitan Group PCL's Scaled Net Operating Assets compare to KO and PEP?
Ichitan Group PCL's Scaled Net Operating Assets of 0.66 can be compared against companies in the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic company?
A good Scaled Net Operating Assets depends on the Beverages - Non-Alcoholic 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 Ichitan Group PCL and its competitors. Ichitan Group PCL's current Scaled Net Operating Assets is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichitan Group PCL stock overvalued right now?
Ichitan Group PCL (BKK:ICHI-R) has a current Scaled Net Operating Assets of 0.66. The stock's GF Value™ is ฿11.86, compared to a current price of ฿10.60 — trading 10.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.66. Ichitan Group PCL's overall GF Score™ is 94/100 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 Ichitan Group PCL (BKK:ICHI-R), the current Scaled Net Operating Assets is 0.66 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 Ichitan Group PCL (BKK:ICHI-R) Overvalued in 2026?

Based on GuruFocus' analysis, Ichitan Group PCL stock appears to be undervalued. The current stock price of ฿10.60 is trading 10.6% below its estimated GF Value™ of ฿11.86.

Key valuation signals for BKK:ICHI-R:

  • Scaled Net Operating Assets: 0.66
  • GF Value™: ฿11.86 vs. price of ฿10.60 (10.6% below fair value)
  • GF Score™: 94/100 with 2 warning signs

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


Ichitan Group PCL Business Description

Other Exchanges ICHI:Thailand
Address Sukhumvit 40 Alley, No. 8 T-One Building, 42nd - 44th Floor, Phra Khanong Sub-District, Khlong Toei District, Bangkok, THA, 10110
Ichitan Group PCL manufactures and sells ready-to-drink tea beverages in Thailand. It manufactures and sells ready to drink green tea beverage, herbal drink, and low-sugar ready-to-drink tea beverage, under the brand name of Ichitan Green Tea. Majority of the revenue for the company is generated from Thailand and rest from overseas markets.
94GF Score

Get the complete analysis for BKK:ICHI-R

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

฿10.60
Price
฿11.86
GF Value