Kaset Thai International Sugar PCL (BKK:KTIS) Scaled Net Operating Assets: 1.17 (As of Mar. 2026)

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BKK:KTIS Kaset Thai International Sugar Corp PCL BKK:KTIS
44 GF Score
Price ฿1.82
GF Value ฿2.64
Valuation Possible Value Trap
! 5 Warning Signs
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What is Kaset Thai International Sugar PCL Scaled Net Operating Assets?

Kaset Thai International Sugar PCL BKK:KTIS 44 Scaled Net Operating Assets is 1.17 as of Mar. 2026. GuruFocus rates BKK:KTIS with a GF Score™ of 44/100 and a GF Value™ of ฿2.64 (Possible Value Trap). 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.

Kaset Thai International Sugar PCL's operating assets for the quarter that ended in Mar. 2026 was ฿19,977 Mil. Kaset Thai International Sugar PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿4,689 Mil. Kaset Thai International Sugar PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿13,100 Mil. Therefore, Kaset Thai International Sugar PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 1.17.


Kaset Thai International Sugar PCL Scaled Net Operating Assets Historical Data

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The historical data trend for Kaset Thai International Sugar 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.

Kaset Thai International Sugar PCL Scaled Net Operating Assets Chart

Kaset Thai International Sugar PCL Annual Data
Trend Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.73 0.72 0.79 0.84

Kaset Thai International Sugar 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 1.07 0.67 0.74 0.75 1.17

BKK:KTIS vs MDLZ, HSY, TR: Scaled Net Operating Assets Comparison

For the Confectioners subindustry, Kaset Thai International Sugar 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.


Kaset Thai International Sugar PCL Scaled Net Operating Assets vs Consumer Packaged Goods Industry

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

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


BKK:KTIS
44GF Score
Kaset Thai International Sugar Corp PCL BKK:KTIS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kaset Thai International Sugar 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.

Kaset Thai International Sugar PCL's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2025 )
=(Operating Assets (A: Sep. 2025 )-Operating Liabilities (A: Sep. 2025 ))/Total Assets (A: Sep. 2024 )
=(13691.39-1838.207)/14175.529
=0.84

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13801.046 - 109.656
=13691.39

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8501.857 - 895.759 - 5767.891
=1838.207

Kaset Thai International Sugar 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 )
=(19977.32-4689.491)/13100.345
=1.17

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20151.16 - 173.84
=19977.32

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15558.229 - 848.272 - 10020.466
=4689.491

* 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 1.17 mean?
Kaset Thai International Sugar PCL (BKK:KTIS) has a Scaled Net Operating Assets of 1.17 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 Kaset Thai International Sugar PCL and its competitors.
Is Kaset Thai International Sugar PCL's Scaled Net Operating Assets too high?
Kaset Thai International Sugar PCL's current Scaled Net Operating Assets is 1.17. Overall, Kaset Thai International Sugar PCL has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kaset Thai International Sugar PCL's Scaled Net Operating Assets compare to MDLZ and HSY?
Kaset Thai International Sugar PCL's Scaled Net Operating Assets of 1.17 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 Kaset Thai International Sugar PCL and its competitors. Kaset Thai International Sugar PCL's current Scaled Net Operating Assets is 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaset Thai International Sugar PCL stock overvalued right now?
Based on GuruFocus' analysis, Kaset Thai International Sugar PCL (BKK:KTIS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.64, compared to a current price of ฿1.82 — trading 31.1% below its estimated fair value. The current Scaled Net Operating Assets is 1.17. Kaset Thai International Sugar PCL's overall GF Score™ is 44/100 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 Kaset Thai International Sugar PCL (BKK:KTIS), the current Scaled Net Operating Assets is 1.17 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 Kaset Thai International Sugar PCL (BKK:KTIS) Overvalued in 2026?

Based on GuruFocus' analysis, Kaset Thai International Sugar PCL stock appears to be undervalued. The current stock price of ฿1.82 is trading 31.1% below its estimated GF Value™ of ฿2.64. GuruFocus considers Kaset Thai International Sugar PCL to be Possible Value Trap.

Key valuation signals for BKK:KTIS:

  • Scaled Net Operating Assets: 1.17
  • GF Value™: ฿2.64 vs. price of ฿1.82 (31.1% below fair value)
  • GF Score™: 44/100 with 5 warning signs

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


Kaset Thai International Sugar PCL Business Description

Address 1/1 Moo 14, Nong Pho Sub-District, Taklee District, Nakhon Sawan, THA, 60140
Kaset Thai International Sugar Corp PCL is principally engaged in the manufacturing and distribution of sugar, which is sold both domestically and overseas. The company's product portfolio includes sugar and bio-products. The bio-products are by-products of sugar production and include paper pulp from bagasse, ethanol from molasses, and electrical energy from biomass. It also provides agricultural machinery services for farmers. The company's reportable segments are; the production and distribution of sugar; the production and distribution of pulp; the production and distribution of alcohol; and the production and distribution of electricity. It derives a majority of its revenue from the production and distribution of the sugar segment.
44GF Score

Get the complete analysis for BKK:KTIS

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

฿1.82
Price
฿2.64
GF Value