Siam Steel International PCL (BKK:SIAM) Scaled Net Operating Assets: 0.70 (As of Mar. 2026)


BKK:SIAM Siam Steel International PCL BKK:SIAM
42 GF Score
Price ฿0.77
GF Value ฿0.68
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Siam Steel International PCL Scaled Net Operating Assets?

Siam Steel International PCL BKK:SIAM +1.32% 42 Scaled Net Operating Assets is 0.70 as of Mar. 2026. GuruFocus rates BKK:SIAM with a GF Score™ of 42/100 and a GF Value™ of ฿0.68 (Modestly 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.

Siam Steel International PCL's operating assets for the quarter that ended in Mar. 2026 was ฿2,845 Mil. Siam Steel International PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿425 Mil. Siam Steel International PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿3,445 Mil. Therefore, Siam Steel International PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.70.


Siam Steel International PCL Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Siam Steel International 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.

Siam Steel International PCL Scaled Net Operating Assets Chart

Siam Steel International 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 0.75 0.76 0.77 0.69 0.69

Siam Steel International 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 0.72 0.73 0.71 0.70 0.70

BKK:SIAM vs SN, SGI, MHK: Scaled Net Operating Assets Comparison

For the Furnishings, Fixtures & Appliances subindustry, Siam Steel International 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.


Siam Steel International PCL Scaled Net Operating Assets vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Siam Steel International PCL's Scaled Net Operating Assets distribution charts can be found below:

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


BKK:SIAM
42GF Score
Siam Steel International PCL BKK:SIAM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Siam Steel International 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.

Siam Steel International 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 )
=(2937.235-501.06)/3527.822
=0.69

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3445.091 - 507.856
=2937.235

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=700.425 - 17.927 - 181.438
=501.06

Siam Steel International 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 )
=(2845.167-424.564)/3445.091
=0.70

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3378.986 - 533.819
=2845.167

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=620.228 - 15.022 - 180.642
=424.564

* 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 0.70 mean?
Siam Steel International PCL (BKK:SIAM) has a Scaled Net Operating Assets of 0.70 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 Siam Steel International PCL and its competitors.
Is Siam Steel International PCL's Scaled Net Operating Assets too high?
Siam Steel International PCL's current Scaled Net Operating Assets is 0.70. Overall, Siam Steel International PCL has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siam Steel International PCL's Scaled Net Operating Assets compare to SN and SGI?
Siam Steel International PCL's Scaled Net Operating Assets of 0.70 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Scaled Net Operating Assets depends on the Furnishings, Fixtures & Appliances 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 Siam Steel International PCL and its competitors. Siam Steel International PCL's current Scaled Net Operating Assets is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Steel International PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Steel International PCL (BKK:SIAM) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.68, compared to a current price of ฿0.77 — trading 13.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.70. Siam Steel International PCL's overall GF Score™ is 42/100 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 Siam Steel International PCL (BKK:SIAM), the current Scaled Net Operating Assets is 0.70 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 Siam Steel International PCL (BKK:SIAM) Overvalued in 2026?

Based on GuruFocus' analysis, Siam Steel International PCL stock appears to be overvalued. The current stock price of ฿0.77 is trading 13.2% above its estimated GF Value™ of ฿0.68. GuruFocus considers Siam Steel International PCL to be Modestly Overvalued.

Key valuation signals for BKK:SIAM:

  • Scaled Net Operating Assets: 0.70
  • GF Value™: ฿0.68 vs. price of ฿0.77 (13.2% above fair value)
  • GF Score™: 42/100 with 3 warning signs

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


Siam Steel International PCL Business Description

Address 51 Moo 2, Poochao Road, Bangyaprak, Phrapradaeng, Samuthprakarn, THA, 10130
Siam Steel International PCL is engaged in the manufacturing and sales of steel office equipment and furniture parts, construction services and alternative energy sector. The company manufactures and sells steel furniture under the brands LUCKY KINGDOM, OKAMURA, CHITOSE, and PILOT, and wooden furniture, including freestanding and built-in products, under the KINGDOM brand. It also provides interior design services for office and residential spaces, and manufactures and sells prefabricated buildings under the LUCKY Hi-Tech Building System brand. Its business segments are manufacturing and sales and of furniture, construction services and alternative energy sector. The majority of the company's revenue is generated from the Furniture segment. Geographically, it operates only in Thailand.
42GF Score

Get the complete analysis for BKK:SIAM

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

฿0.77
Price
฿0.68
GF Value