Origin Property PCL (BKK:ORI) Scaled Net Operating Assets: 0.84 (As of Mar. 2026)


BKK:ORI Origin Property PCL BKK:ORI
71 GF Score
Price ฿1.87
GF Value ฿2.80
Valuation Possible Value Trap
! 9 Warning Signs
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What is Origin Property PCL Scaled Net Operating Assets?

Origin Property PCL BKK:ORI +2.75% 71 Scaled Net Operating Assets is 0.84 as of Mar. 2026. GuruFocus rates BKK:ORI with a GF Score™ of 71/100 and a GF Value™ of ฿2.80 (Possible Value Trap). The stock has 9 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.

Origin Property PCL's operating assets for the quarter that ended in Mar. 2026 was ฿63,214 Mil. Origin Property PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿9,606 Mil. Origin Property PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿63,714 Mil. Therefore, Origin Property PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.84.


Origin Property PCL Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Origin Property 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.

Origin Property PCL Scaled Net Operating Assets Chart

Origin Property 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 0.87 1.12 1.14 0.86 0.85

Origin Property 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 0.88 0.86 0.84 0.85 0.84

Origin Property PCL Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Development subindustry, Origin Property 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.


Origin Property PCL Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Origin Property PCL's Scaled Net Operating Assets distribution charts can be found below:

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


BKK:ORI
71GF Score
Origin Property PCL BKK:ORI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Origin Property 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.

Origin Property 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 )
=(63223.695-8239.073)/64809.485
=0.85

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=63713.771 - 490.076
=63223.695

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=41733.287 - 18423.695 - 15070.519
=8239.073

Origin Property 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 )
=(63214.313-9606.231)/63713.771
=0.84

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=63595.59 - 381.277
=63214.313

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=41511.639 - 17700.462 - 14204.946
=9606.231

* 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 0.84 mean?
Origin Property PCL (BKK:ORI) has a Scaled Net Operating Assets of 0.84 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 Origin Property PCL and its competitors.
Is Origin Property PCL's Scaled Net Operating Assets too high?
Origin Property PCL's current Scaled Net Operating Assets is 0.84. Overall, Origin Property PCL has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Origin Property PCL's Scaled Net Operating Assets compare to competitors?
Origin Property PCL's Scaled Net Operating Assets of 0.84 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Origin Property PCL and its competitors. Origin Property PCL's current Scaled Net Operating Assets is 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Origin Property PCL stock overvalued right now?
Based on GuruFocus' analysis, Origin Property PCL (BKK:ORI) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.80, compared to a current price of ฿1.87 — trading 33.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.84. Origin Property PCL's overall GF Score™ is 71/100 with 9 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 Origin Property PCL (BKK:ORI), the current Scaled Net Operating Assets is 0.84 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 Origin Property PCL (BKK:ORI) Overvalued in 2026?

Based on GuruFocus' analysis, Origin Property PCL stock appears to be undervalued. The current stock price of ฿1.87 is trading 33.2% below its estimated GF Value™ of ฿2.80. GuruFocus considers Origin Property PCL to be Possible Value Trap.

Key valuation signals for BKK:ORI:

  • Scaled Net Operating Assets: 0.84
  • GF Value™: ฿2.80 vs. price of ฿1.87 (33.2% below fair value)
  • GF Score™: 71/100 with 9 warning signs

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


Origin Property PCL Business Description

Address 496 Moo 9, Tambon Samrong Nuea, Amphoe Mueang Samut Prakan, Samut Prakan, THA, 10270
Origin Property PCL is engaged in property development and investing in other companies. The majority of its revenue comes from the sale of real estate, which includes land, houses, and residential condominium units. It also provides project management services. The Group has four reportable segments: Condominium projects, Housing estate projects, Hotels and buildings for rent, and Others, which is services relating to real estate business. Geographically, it operates only in Thailand.
71GF Score

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

฿1.87
Price
฿2.80
GF Value