Surapon Foods PCL (BKK:SSF) Scaled Net Operating Assets: 0.63 (As of Mar. 2026)


BKK:SSF Surapon Foods PCL BKK:SSF
63 GF Score
Price ฿5.05
GF Value ฿7.19
Valuation Possible Value Trap
! 5 Warning Signs
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What is Surapon Foods PCL Scaled Net Operating Assets?

Surapon Foods PCL BKK:SSF 63 Scaled Net Operating Assets is 0.63 as of Mar. 2026. GuruFocus rates BKK:SSF with a GF Score™ of 63/100 and a GF Value™ of ฿7.19 (Possible Value Trap). 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.

Surapon Foods PCL's operating assets for the quarter that ended in Mar. 2026 was ฿3,401 Mil. Surapon Foods PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿782 Mil. Surapon Foods PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿4,130 Mil. Therefore, Surapon Foods PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.63.


Surapon Foods PCL Scaled Net Operating Assets Historical Data

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The historical data trend for Surapon Foods 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.

Surapon Foods PCL Scaled Net Operating Assets Chart

Surapon Foods 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 0.70 0.75 0.68 0.66 0.67

Surapon Foods 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 0.70 0.66 0.64 0.63

BKK:SSF vs KHC, GIS: Scaled Net Operating Assets Comparison

For the Packaged Foods subindustry, Surapon Foods 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.


Surapon Foods PCL Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Surapon Foods PCL's Scaled Net Operating Assets distribution charts can be found below:

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


BKK:SSF
63GF Score
Surapon Foods PCL BKK:SSF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Surapon Foods 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.

Surapon Foods 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 )
=(3415.641-801.685)/3928.679
=0.67

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4130.097 - 714.456
=3415.641

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1415.131 - 113.786 - 499.66
=801.685

Surapon Foods 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 )
=(3400.671-781.952)/4130.097
=0.63

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4065.875 - 665.204
=3400.671

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1420.574 - 102.666 - 535.956
=781.952

* 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 0.63 mean?
Surapon Foods PCL (BKK:SSF) has a Scaled Net Operating Assets of 0.63 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 Surapon Foods PCL and its competitors.
Is Surapon Foods PCL's Scaled Net Operating Assets too high?
Surapon Foods PCL's current Scaled Net Operating Assets is 0.63. Overall, Surapon Foods PCL has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Surapon Foods PCL's Scaled Net Operating Assets compare to KHC and GIS?
Surapon Foods PCL's Scaled Net Operating Assets of 0.63 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 Surapon Foods PCL and its competitors. Surapon Foods PCL's current Scaled Net Operating Assets is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surapon Foods PCL stock overvalued right now?
Based on GuruFocus' analysis, Surapon Foods PCL (BKK:SSF) is currently considered Possible Value Trap. The stock's GF Value™ is ฿7.19, compared to a current price of ฿5.05 — trading 29.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.63. Surapon Foods PCL's overall GF Score™ is 63/100 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 Surapon Foods PCL (BKK:SSF), the current Scaled Net Operating Assets is 0.63 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 Surapon Foods PCL (BKK:SSF) Overvalued in 2026?

Based on GuruFocus' analysis, Surapon Foods PCL stock appears to be undervalued. The current stock price of ฿5.05 is trading 29.8% below its estimated GF Value™ of ฿7.19. GuruFocus considers Surapon Foods PCL to be Possible Value Trap.

Key valuation signals for BKK:SSF:

  • Scaled Net Operating Assets: 0.63
  • GF Value™: ฿7.19 vs. price of ฿5.05 (29.8% below fair value)
  • GF Score™: 63/100 with 5 warning signs

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


Surapon Foods PCL Business Description

Address 247 Moo 1, Teparak Road, Amphur Muang, Tambon Teparak, Samutprakarn Province, Samutprakarn, THA, 10270
Surapon Foods PCL is the manufacturer and distributor of seafoods, finished and semi-finished frozen foods, including ready-to-cook and ready-to-eat. The group operates in two business segments: the manufacturing & distribution of seafood, and finished & semi-finished frozen foods; and Cold storage warehouse & logistic service. The diversity of its products includes the main ingredients (boiled shrimp, sushi shrimp, fish, squid), ready-to-eat (dim sum, deep-fried food, and processed chicken), as well as Halal products under the Farhana brand (dim sum and deep-fried food).
63GF Score

Get the complete analysis for BKK:SSF

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

฿5.05
Price
฿7.19
GF Value