Sirisoft PCL (BKK:SRS) Scaled Net Operating Assets: 0.26 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:SRS Sirisoft PCL BKK:SRS
33 GF Score
Price ฿1.81
GF Value ฿4.69
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Sirisoft PCL Scaled Net Operating Assets?

Sirisoft PCL BKK:SRS -1.63% 33 Scaled Net Operating Assets is 0.26 as of Mar. 2026. GuruFocus rates BKK:SRS with a GF Score™ of 33/100 and a GF Value™ of ฿4.69 (Possible Value Trap). 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.

Sirisoft PCL's operating assets for the quarter that ended in Mar. 2026 was ฿791.6 Mil. Sirisoft PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿463.9 Mil. Sirisoft PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿1,259.8 Mil. Therefore, Sirisoft PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.26.


Sirisoft PCL Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Sirisoft 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.

Sirisoft PCL Scaled Net Operating Assets Chart

Sirisoft PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.62 0.36 0.84 0.10 0.20

Sirisoft PCL Quarterly Data
Dec20 Dec21 Jun22 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 0.09 0.15 0.21 0.25 0.26

BKK:SRS vs IBM, ACN, FISV: Scaled Net Operating Assets Comparison

For the Information Technology Services subindustry, Sirisoft 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.


Sirisoft PCL Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Sirisoft PCL's Scaled Net Operating Assets distribution charts can be found below:

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


BKK:SRS
33GF Score
Sirisoft PCL BKK:SRS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sirisoft 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.

Sirisoft 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 )
=(732.772-456.862)/1384.139
=0.20

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1259.841 - 527.069
=732.772

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=598.429 - 105.95 - 35.617
=456.862

Sirisoft 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 )
=(791.577-463.928)/1259.841
=0.26

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1260.467 - 468.89
=791.577

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=596.766 - 95.745 - 37.093
=463.928

* 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 0.26 mean?
Sirisoft PCL (BKK:SRS) has a Scaled Net Operating Assets of 0.26 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 Sirisoft PCL and its competitors.
Is Sirisoft PCL's Scaled Net Operating Assets too high?
Sirisoft PCL's current Scaled Net Operating Assets is 0.26. Overall, Sirisoft PCL has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sirisoft PCL's Scaled Net Operating Assets compare to IBM and ACN?
Sirisoft PCL's Scaled Net Operating Assets of 0.26 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Sirisoft PCL and its competitors. Sirisoft PCL's current Scaled Net Operating Assets is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sirisoft PCL stock overvalued right now?
Based on GuruFocus' analysis, Sirisoft PCL (BKK:SRS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿4.69, compared to a current price of ฿1.81 — trading 61.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.26. Sirisoft PCL's overall GF Score™ is 33/100 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 Sirisoft PCL (BKK:SRS), the current Scaled Net Operating Assets is 0.26 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 Sirisoft PCL (BKK:SRS) Overvalued in 2026?

Based on GuruFocus' analysis, Sirisoft PCL stock appears to be undervalued. The current stock price of ฿1.81 is trading 61.4% below its estimated GF Value™ of ฿4.69. GuruFocus considers Sirisoft PCL to be Possible Value Trap.

Key valuation signals for BKK:SRS:

  • Scaled Net Operating Assets: 0.26
  • GF Value™: ฿4.69 vs. price of ฿1.81 (61.4% below fair value)
  • GF Score™: 33/100 with 3 warning signs

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


Sirisoft PCL Business Description

Address Ratchadaphisek Road, 15th Floor, 89 AIA Capital Center Building, Dindaeng district, Bangkok, THA, 10400
Sirisoft PCL is a forward-thinking IT service provider focusing on Database, Software Engineer and Application Integration, and Software Development. The company's core business capabilities are to provide end-to-end technology services from infrastructure architecture design and consulting, to day-to-day operation, conduct monitoring, performance tuning, troubleshooting and pro-active maintenance services, based on technologies that are specific to clients's requirements.
33GF Score

Get the complete analysis for BKK:SRS

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

฿1.81
Price
฿4.69
GF Value