Itthirit Nice PCL (BKK:ITTHI) Scaled Net Operating Assets: 0.37 (As of Mar. 2026)

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BKK:ITTHI Itthirit Nice Corp PCL BKK:ITTHI
57 GF Score
Price ฿1.32
GF Value ฿2.04
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Itthirit Nice PCL Scaled Net Operating Assets?

Itthirit Nice PCL BKK:ITTHI +0.76% 57 Scaled Net Operating Assets is 0.37 as of Mar. 2026. GuruFocus rates BKK:ITTHI with a GF Score™ of 57/100 and a GF Value™ of ฿2.04 (Significantly Undervalued). 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.

Itthirit Nice PCL's operating assets for the quarter that ended in Mar. 2026 was ฿234.0 Mil. Itthirit Nice PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿63.4 Mil. Itthirit Nice PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿461.7 Mil. Therefore, Itthirit Nice PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.37.


Itthirit Nice PCL Scaled Net Operating Assets Historical Data

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The historical data trend for Itthirit Nice 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.

Itthirit Nice PCL Scaled Net Operating Assets Chart

Itthirit Nice PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.50 0.72 1.37 0.34 0.45

Itthirit Nice PCL Quarterly Data
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 0.53 0.36 0.44 0.45 0.37

BKK:ITTHI vs SN, SGI, MHK: Scaled Net Operating Assets Comparison

For the Furnishings, Fixtures & Appliances subindustry, Itthirit Nice 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.


Itthirit Nice PCL Scaled Net Operating Assets vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Itthirit Nice PCL's Scaled Net Operating Assets distribution charts can be found below:

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


BKK:ITTHI
57GF Score
Itthirit Nice Corp PCL BKK:ITTHI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Itthirit Nice 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.

Itthirit Nice 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 )
=(267.473-48.455)/488.43
=0.45

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=461.662 - 194.189
=267.473

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=84.514 - 31.129 - 4.93
=48.455

Itthirit Nice 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 )
=(233.973-63.395)/461.662
=0.37

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=488.964 - 254.991
=233.973

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=98.768 - 31.398 - 3.975
=63.395

* 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 0.37 mean?
Itthirit Nice PCL (BKK:ITTHI) has a Scaled Net Operating Assets of 0.37 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 Itthirit Nice PCL and its competitors.
Is Itthirit Nice PCL's Scaled Net Operating Assets too high?
Itthirit Nice PCL's current Scaled Net Operating Assets is 0.37. Overall, Itthirit Nice PCL has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Itthirit Nice PCL's Scaled Net Operating Assets compare to SN and SGI?
Itthirit Nice PCL's Scaled Net Operating Assets of 0.37 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Scaled Net Operating Assets depends on the Furnishings, Fixtures & Appliances 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 Itthirit Nice PCL and its competitors. Itthirit Nice PCL's current Scaled Net Operating Assets is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itthirit Nice PCL stock overvalued right now?
Based on GuruFocus' analysis, Itthirit Nice PCL (BKK:ITTHI) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿2.04, compared to a current price of ฿1.32 — trading 35.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.37. Itthirit Nice PCL's overall GF Score™ is 57/100 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 Itthirit Nice PCL (BKK:ITTHI), the current Scaled Net Operating Assets is 0.37 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 Itthirit Nice PCL (BKK:ITTHI) Overvalued in 2026?

Based on GuruFocus' analysis, Itthirit Nice PCL stock appears to be undervalued. The current stock price of ฿1.32 is trading 35.3% below its estimated GF Value™ of ฿2.04. GuruFocus considers Itthirit Nice PCL to be Significantly Undervalued.

Key valuation signals for BKK:ITTHI:

  • Scaled Net Operating Assets: 0.37
  • GF Value™: ฿2.04 vs. price of ฿1.32 (35.3% below fair value)
  • GF Score™: 57/100 with 2 warning signs

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


Itthirit Nice PCL Business Description

Address 89/18-19 Moo 5,Tambol Phanthai Norasing, Amphur Muang Samut Sakhon, Samut Sakhon Province, THA, 74000
Itthirit Nice Corp PCL is a distributor of electronic equipment which includes electric lighting products and equipment type IET (Internet Every Thing). Further, it is also involved in the production and distribution of disinfecting alcohol products. The company operates in three business segments, the Property development sector, the Government sector Retail, and the wholesale sector, the majority of its revenue is generated from the Government sector.
57GF Score

Get the complete analysis for BKK:ITTHI

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

฿1.32
Price
฿2.04
GF Value