PM Thoresen Asia Holdings PCL (BKK:PMTA) Scaled Net Operating Assets: 0.56 (As of Mar. 2026)

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BKK:PMTA PM Thoresen Asia Holdings PCL BKK:PMTA
66 GF Score
Price ฿9.60
GF Value ฿8.31
Valuation Modestly Overvalued
! 5 Warning Signs
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What is PM Thoresen Asia Holdings PCL Scaled Net Operating Assets?

PM Thoresen Asia Holdings PCL BKK:PMTA 66 Scaled Net Operating Assets is 0.56 as of Mar. 2026. GuruFocus rates BKK:PMTA with a GF Score™ of 66/100 and a GF Value™ of ฿8.31 (Modestly Overvalued). 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.

PM Thoresen Asia Holdings PCL's operating assets for the quarter that ended in Mar. 2026 was ฿1,889 Mil. PM Thoresen Asia Holdings PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿403 Mil. PM Thoresen Asia Holdings PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿2,649 Mil. Therefore, PM Thoresen Asia Holdings PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.56.


PM Thoresen Asia Holdings PCL Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for PM Thoresen Asia Holdings 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.

PM Thoresen Asia Holdings PCL Scaled Net Operating Assets Chart

PM Thoresen Asia Holdings 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 0.83 0.90 0.62 0.70 0.84

PM Thoresen Asia Holdings 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 0.58 0.58 0.82 0.80 0.56

BKK:PMTA vs CTVA, CF, MOS: Scaled Net Operating Assets Comparison

For the Agricultural Inputs subindustry, PM Thoresen Asia Holdings 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.


PM Thoresen Asia Holdings PCL Scaled Net Operating Assets vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, PM Thoresen Asia Holdings PCL's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where PM Thoresen Asia Holdings PCL's Scaled Net Operating Assets falls into.


BKK:PMTA
66GF Score
PM Thoresen Asia Holdings PCL BKK:PMTA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PM Thoresen Asia Holdings 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.

PM Thoresen Asia Holdings 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 )
=(2337.798-308.05)/2408.238
=0.84

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2649.423 - 311.625
=2337.798

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1064.693 - 92.044 - 664.599
=308.05

PM Thoresen Asia Holdings 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 )
=(1888.817-403.483)/2649.423
=0.56

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2609.745 - 720.928
=1888.817

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=959.529 - 93.936 - 462.11
=403.483

* 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 0.56 mean?
PM Thoresen Asia Holdings PCL (BKK:PMTA) has a Scaled Net Operating Assets of 0.56 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 PM Thoresen Asia Holdings PCL and its competitors.
Is PM Thoresen Asia Holdings PCL's Scaled Net Operating Assets too high?
PM Thoresen Asia Holdings PCL's current Scaled Net Operating Assets is 0.56. Overall, PM Thoresen Asia Holdings PCL has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PM Thoresen Asia Holdings PCL's Scaled Net Operating Assets compare to CTVA and CF?
PM Thoresen Asia Holdings PCL's Scaled Net Operating Assets of 0.56 can be compared against companies in the Agriculture 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 an Agriculture company?
A good Scaled Net Operating Assets depends on the Agriculture 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 PM Thoresen Asia Holdings PCL and its competitors. PM Thoresen Asia Holdings PCL's current Scaled Net Operating Assets is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PM Thoresen Asia Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, PM Thoresen Asia Holdings PCL (BKK:PMTA) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿8.31, compared to a current price of ฿9.60 — trading 15.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.56. PM Thoresen Asia Holdings PCL's overall GF Score™ is 66/100 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 PM Thoresen Asia Holdings PCL (BKK:PMTA), the current Scaled Net Operating Assets is 0.56 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 PM Thoresen Asia Holdings PCL (BKK:PMTA) Overvalued in 2026?

Based on GuruFocus' analysis, PM Thoresen Asia Holdings PCL stock appears to be overvalued. The current stock price of ฿9.60 is trading 15.5% above its estimated GF Value™ of ฿8.31. GuruFocus considers PM Thoresen Asia Holdings PCL to be Modestly Overvalued.

Key valuation signals for BKK:PMTA:

  • Scaled Net Operating Assets: 0.56
  • GF Value™: ฿8.31 vs. price of ฿9.60 (15.5% above fair value)
  • GF Score™: 66/100 with 5 warning signs

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


PM Thoresen Asia Holdings PCL Business Description

Address Soi Chidlom, Ploenchit Road, 26/26-27 Orakarn Building, 8th Floor, Lumpinee, Pathumwan, Bangkok, THA, 10330
PM Thoresen Asia Holdings PCL along with its subsidiaries is engaged in the manufacturing of nitrogen-phosphorus-potassium (NPK) synthesized chemical and micro-element fertilizers, distribution of new seeds and agricultural materials, as well as manufacture, import, and export of plant protection chemicals and macronutrient products. It has two products segments: Manufacture of Fertilizer and crop care products and Factory area management services. The company earns majority of its revenue through the manufacture of fertilizer and crop care products. It has a business presence in Vietnam and other countries.
66GF Score

Get the complete analysis for BKK:PMTA

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

฿9.60
Price
฿8.31
GF Value