Kumwell PCL (BKK:KUMWEL-R) Scaled Net Operating Assets: 0.81 (As of Jun. 2026)

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BKK:KUMWEL-R Kumwell Corp PCL BKK:KUMWEL-R
72 GF Score
Price ฿2.16
GF Value ฿1.29
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Kumwell PCL Scaled Net Operating Assets?

Kumwell PCL BKK:KUMWEL-R 72 Scaled Net Operating Assets is 0.81 as of Jun. 2026. GuruFocus rates BKK:KUMWEL-R with a GF Score™ of 72/100 and a GF Value™ of ฿1.29 (Significantly Overvalued). The stock has 3 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.

Kumwell PCL's operating assets for the quarter that ended in Jun. 2026 was ฿989.7 Mil. Kumwell PCL's operating liabilities for the quarter that ended in Jun. 2026 was ฿173.4 Mil. Kumwell PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿1,009.2 Mil. Therefore, Kumwell PCL's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.81.


Kumwell PCL Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Kumwell 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.

Kumwell PCL Scaled Net Operating Assets Chart

Kumwell 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 0.97 1.13 0.86 0.84 0.87

Kumwell PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.82 0.87 0.85 0.82 0.81

BKK:KUMWEL-R vs ALLE, MSA, ADT: Scaled Net Operating Assets Comparison

For the Security & Protection Services subindustry, Kumwell 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.


Kumwell PCL Scaled Net Operating Assets vs Business Services Industry

For the Business Services industry and Industrials sector, Kumwell PCL's Scaled Net Operating Assets distribution charts can be found below:

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


BKK:KUMWEL-R
72GF Score
Kumwell Corp PCL BKK:KUMWEL-R
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kumwell 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.

Kumwell 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 )
=(866.824192-118.636122)/864.337028
=0.87

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=921.278393 - 54.454201
=866.824192

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=303.301942 - 110.544548 - 74.121272
=118.636122

Kumwell 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 )
=(989.673-173.375)/1009.154
=0.81

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1066.476 - 76.803
=989.673

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=411.113 - 91.538 - 146.2
=173.375

* 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 0.81 mean?
Kumwell PCL (BKK:KUMWEL-R) has a Scaled Net Operating Assets of 0.81 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 Kumwell PCL and its competitors.
Is Kumwell PCL's Scaled Net Operating Assets too high?
Kumwell PCL's current Scaled Net Operating Assets is 0.81. Overall, Kumwell PCL has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kumwell PCL's Scaled Net Operating Assets compare to ALLE and MSA?
Kumwell PCL's Scaled Net Operating Assets of 0.81 can be compared against companies in the Business Services 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 Business Services company?
A good Scaled Net Operating Assets depends on the Business Services 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 Kumwell PCL and its competitors. Kumwell PCL's current Scaled Net Operating Assets is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kumwell PCL stock overvalued right now?
Based on GuruFocus' analysis, Kumwell PCL (BKK:KUMWEL-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.29, compared to a current price of ฿2.16 — trading 67.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.81. Kumwell PCL's overall GF Score™ is 72/100 with 3 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 Kumwell PCL (BKK:KUMWEL-R), the current Scaled Net Operating Assets is 0.81 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 Kumwell PCL (BKK:KUMWEL-R) Overvalued in 2026?

Based on GuruFocus' analysis, Kumwell PCL stock appears to be overvalued. The current stock price of ฿2.16 is trading 67.1% above its estimated GF Value™ of ฿1.29. GuruFocus considers Kumwell PCL to be Significantly Overvalued.

Key valuation signals for BKK:KUMWEL-R:

  • Scaled Net Operating Assets: 0.81
  • GF Value™: ฿1.29 vs. price of ฿2.16 (67.1% above fair value)
  • GF Score™: 72/100 with 3 warning signs

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


Kumwell PCL Business Description

Other Exchanges KUMWEL:Thailand
Address 358 Liang Mueang Nonthaburi, Bang Kraso, Muang Nonthaburi, Nonthaburi, THA
Kumwell Corp PCL provides a grounding and lightning protection system. The company is engaged in the production and distribution of electrical equipment, graphite mould, metal powder and ground wire. Geographically, it derives a majority of its revenue from domestic operations. It offers products such as grounding components, surge protection devices, lightning detection, and warning systems, Arc protection system, copper lug, c-clamp connectors, and others. It is engaged in the Production and distribution of Grounding Systems, Lightning Protection Systems, Surge Protection Systems, Lightning Detection and Warning Systems under the brand Kumwell.
72GF Score

Get the complete analysis for BKK:KUMWEL-R

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

฿2.16
Price
฿1.29
GF Value