MPJ Logistics PCL (BKK:MPJ) Scaled Net Operating Assets: 0.96 (As of Mar. 2026)


BKK:MPJ MPJ Logistics PCL BKK:MPJ
13 GF Score
Price ฿3.56
! 2 Warning Signs
View Full Analysis

What is MPJ Logistics PCL Scaled Net Operating Assets?

MPJ Logistics PCL BKK:MPJ 13 Scaled Net Operating Assets is 0.96 as of Mar. 2026. GuruFocus rates BKK:MPJ with a GF Score™ of 13/100. 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.

MPJ Logistics PCL's operating assets for the quarter that ended in Mar. 2026 was ฿1,504 Mil. MPJ Logistics PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿149 Mil. MPJ Logistics PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿1,411 Mil. Therefore, MPJ Logistics PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.96.


MPJ Logistics PCL Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for MPJ Logistics 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.

MPJ Logistics PCL Scaled Net Operating Assets Chart

MPJ Logistics PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.97 1.19 24.98 0.89 0.98

MPJ Logistics PCL Quarterly Data
Dec21 Dec22 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 0.83 0.83 0.93 0.90 0.96

BKK:MPJ vs UPS, FDX, JBHT: Scaled Net Operating Assets Comparison

For the Integrated Freight & Logistics subindustry, MPJ Logistics 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.


MPJ Logistics PCL Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, MPJ Logistics PCL's Scaled Net Operating Assets distribution charts can be found below:

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


BKK:MPJ
13GF Score
MPJ Logistics PCL BKK:MPJ
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MPJ Logistics 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.

MPJ Logistics 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 )
=(1353.919-168.876)/1213.873
=0.98

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1411.184 - 57.265
=1353.919

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=669.366 - 465.593 - 34.897
=168.876

MPJ Logistics 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 )
=(1504.435-149.386)/1411.184
=0.96

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1549.971 - 45.536
=1504.435

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=784.486 - 567.144 - 67.956
=149.386

* 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 0.96 mean?
MPJ Logistics PCL (BKK:MPJ) has a Scaled Net Operating Assets of 0.96 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 MPJ Logistics PCL and its competitors.
Is MPJ Logistics PCL's Scaled Net Operating Assets too high?
MPJ Logistics PCL's current Scaled Net Operating Assets is 0.96. Overall, MPJ Logistics PCL has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does MPJ Logistics PCL's Scaled Net Operating Assets compare to UPS and FDX?
MPJ Logistics PCL's Scaled Net Operating Assets of 0.96 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 MPJ Logistics PCL and its competitors. MPJ Logistics PCL's current Scaled Net Operating Assets is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MPJ Logistics PCL stock overvalued right now?
MPJ Logistics PCL (BKK:MPJ) has a current Scaled Net Operating Assets of 0.96. The current Scaled Net Operating Assets is 0.96. MPJ Logistics PCL's overall GF Score™ is 13/100 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 MPJ Logistics PCL (BKK:MPJ), the current Scaled Net Operating Assets is 0.96 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.

MPJ Logistics PCL Business Description

Address Nong Kham, 244 Moo 5, Sriracha District, Chonburi, THA, 20230
MPJ Logistics PCL is a Thailand-based company. The core business of the company and its subsidiaries is inland transportation and delivery service, provide freight forwarder services, provide container yard services and related services, warehouse rental. The company's segment include Transportation services business, Container depot services business, Warehouse rental business, and Freight forwarder services business. It derives revenue from Transportation services business segment.
13GF Score

Get the complete analysis for BKK:MPJ

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

฿3.56
Price