Samchai Steel Industries PCL (BKK:SAM-R) Scaled Net Operating Assets: 0.76 (As of Sep. 2025)


BKK:SAM-R Samchai Steel Industries PCL BKK:SAM-R
41 GF Score
Price ฿0.17
GF Value ฿0.63
! 5 Warning Signs
View Full Analysis

What is Samchai Steel Industries PCL Scaled Net Operating Assets?

Samchai Steel Industries PCL BKK:SAM-R 41 Scaled Net Operating Assets is 0.76 as of Sep. 2025. GuruFocus rates BKK:SAM-R with a GF Score™ of 41/100 and a GF Value™ of ฿0.63. 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.

Samchai Steel Industries PCL's operating assets for the quarter that ended in Sep. 2025 was ฿3,684 Mil. Samchai Steel Industries PCL's operating liabilities for the quarter that ended in Sep. 2025 was ฿928 Mil. Samchai Steel Industries PCL's Total Assets for the quarter that ended in Jun. 2025 was ฿3,612 Mil. Therefore, Samchai Steel Industries PCL's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2025 was 0.76.


Samchai Steel Industries PCL Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Samchai Steel Industries 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.

Samchai Steel Industries PCL Scaled Net Operating Assets Chart

Samchai Steel Industries PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.91 0.80 0.83 0.69

Samchai Steel Industries PCL Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.69 0.63 0.63 0.70 0.76

BKK:SAM-R vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, Samchai Steel Industries 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.


Samchai Steel Industries PCL Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, Samchai Steel Industries PCL's Scaled Net Operating Assets distribution charts can be found below:

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


BKK:SAM-R
41GF Score
Samchai Steel Industries PCL BKK:SAM-R
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Samchai Steel Industries 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.

Samchai Steel Industries PCL's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(3895.426-1123.875)/3998.606
=0.69

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3978.655 - 83.229
=3895.426

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2493.546 - 0 - 1369.671
=1123.875

Samchai Steel Industries PCL's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2025 )
=(Operating Assets (Q: Sep. 2025 )-Operating Liabilities (Q: Sep. 2025 ))/Total Assets (Q: Jun. 2025 )
=(3683.526-928.084)/3612.384
=0.76

where

Operating Assets(Q: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3778.461 - 94.935
=3683.526

Operating Liabilities(Q: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2413.152 - 70.49 - 1414.578
=928.084

* 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 0.76 mean?
Samchai Steel Industries PCL (BKK:SAM-R) has a Scaled Net Operating Assets of 0.76 as of Sep. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Samchai Steel Industries PCL and its competitors.
Is Samchai Steel Industries PCL's Scaled Net Operating Assets too high?
Samchai Steel Industries PCL's current Scaled Net Operating Assets is 0.76. Overall, Samchai Steel Industries PCL has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Samchai Steel Industries PCL's Scaled Net Operating Assets compare to NUE and STLD?
Samchai Steel Industries PCL's Scaled Net Operating Assets of 0.76 can be compared against companies in the Steel 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 Steel company?
A good Scaled Net Operating Assets depends on the Steel 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 Samchai Steel Industries PCL and its competitors. Samchai Steel Industries PCL's current Scaled Net Operating Assets is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Samchai Steel Industries PCL stock overvalued right now?
Samchai Steel Industries PCL (BKK:SAM-R) has a current Scaled Net Operating Assets of 0.76. The stock's GF Value™ is ฿0.63, compared to a current price of ฿0.17 — trading 73.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.76. Samchai Steel Industries PCL's overall GF Score™ is 41/100 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 Samchai Steel Industries PCL (BKK:SAM-R), the current Scaled Net Operating Assets is 0.76 as of Sep. 2025. 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 Samchai Steel Industries PCL (BKK:SAM-R) Overvalued in 2026?

Based on GuruFocus' analysis, Samchai Steel Industries PCL stock appears to be undervalued. The current stock price of ฿0.17 is trading 73.8% below its estimated GF Value™ of ฿0.63.

Key valuation signals for BKK:SAM-R:

  • Scaled Net Operating Assets: 0.76
  • GF Value™: ฿0.63 vs. price of ฿0.17 (73.8% below fair value)
  • GF Score™: 41/100 with 5 warning signs

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


Samchai Steel Industries PCL Business Description

Other Exchanges SAM:Thailand
Address Ekkachai Road, 75/14, 75/17, 85 Soi Wat Sopanaram, Tumbol Kokkham, Amphur Muang, Samutsakorn, THA, 74000
Samchai Steel Industries PCL is a Thailand-based manufacturer of steel pipes and tubes. The company's products include black steel pipes, galvanized steel pipes, structural steel pipes, furniture pipes, and hot-rolled steel plates and sheets. Its products are mainly used in the construction and furniture industries. Geographically, it operates in both domestic and overseas markets. The company generates a majority of its revenue from the domestic market.
41GF Score

Get the complete analysis for BKK:SAM-R

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

฿0.17
Price
฿0.63
GF Value