Siam Technic Concrete PCL (BKK:STECH) Scaled Net Operating Assets: 0.82 (As of Dec. 2025)


BKK:STECH Siam Technic Concrete PCL BKK:STECH
82 GF Score
Price ฿1.15
GF Value ฿1.38
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Siam Technic Concrete PCL Scaled Net Operating Assets?

Siam Technic Concrete PCL BKK:STECH +0.88% 82 Scaled Net Operating Assets is 0.82 as of Dec. 2025. GuruFocus rates BKK:STECH with a GF Score™ of 82/100 and a GF Value™ of ฿1.38 (Modestly Undervalued). The stock has 2 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 Technic Concrete PCL's operating assets for the quarter that ended in Dec. 2025 was ฿3,004 Mil. Siam Technic Concrete PCL's operating liabilities for the quarter that ended in Dec. 2025 was ฿421 Mil. Siam Technic Concrete PCL's Total Assets for the quarter that ended in Sep. 2025 was ฿3,137 Mil. Therefore, Siam Technic Concrete PCL's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.82.


Siam Technic Concrete PCL Scaled Net Operating Assets Historical Data

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The historical data trend for Siam Technic Concrete 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 Technic Concrete PCL Scaled Net Operating Assets Chart

Siam Technic Concrete PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.91 0.85 0.96 0.90 0.81

Siam Technic Concrete PCL Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.80 0.82 0.87 0.82 0.82

BKK:STECH vs CRH, VMC, MLM: Scaled Net Operating Assets Comparison

For the Building Materials subindustry, Siam Technic Concrete 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 Technic Concrete PCL Scaled Net Operating Assets vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Siam Technic Concrete PCL's Scaled Net Operating Assets distribution charts can be found below:

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


BKK:STECH
82GF Score
Siam Technic Concrete PCL BKK:STECH
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Siam Technic Concrete 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 Technic Concrete 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 )
=(3003.999-421.215)/3201.658
=0.81

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3091.237 - 87.238
=3003.999

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1465.662 - 399.875 - 644.572
=421.215

Siam Technic Concrete PCL's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Sep. 2025 )
=(3003.999-421.215)/3137.072
=0.82

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3091.237 - 87.238
=3003.999

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1465.662 - 399.875 - 644.572
=421.215

* 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 0.82 mean?
Siam Technic Concrete PCL (BKK:STECH) has a Scaled Net Operating Assets of 0.82 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Siam Technic Concrete PCL and its competitors.
Is Siam Technic Concrete PCL's Scaled Net Operating Assets too high?
Siam Technic Concrete PCL's current Scaled Net Operating Assets is 0.82. Overall, Siam Technic Concrete PCL has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Siam Technic Concrete PCL's Scaled Net Operating Assets compare to CRH and VMC?
Siam Technic Concrete PCL's Scaled Net Operating Assets of 0.82 can be compared against companies in the Building Materials 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 Building Materials company?
A good Scaled Net Operating Assets depends on the Building Materials 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 Technic Concrete PCL and its competitors. Siam Technic Concrete PCL's current Scaled Net Operating Assets is 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Technic Concrete PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Technic Concrete PCL (BKK:STECH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.38, compared to a current price of ฿1.15 — trading 16.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.82. Siam Technic Concrete PCL's overall GF Score™ is 82/100 with 2 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 Technic Concrete PCL (BKK:STECH), the current Scaled Net Operating Assets is 0.82 as of Dec. 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 Siam Technic Concrete PCL (BKK:STECH) Overvalued in 2026?

Based on GuruFocus' analysis, Siam Technic Concrete PCL stock appears to be undervalued. The current stock price of ฿1.15 is trading 16.7% below its estimated GF Value™ of ฿1.38. GuruFocus considers Siam Technic Concrete PCL to be Modestly Undervalued.

Key valuation signals for BKK:STECH:

  • Scaled Net Operating Assets: 0.82
  • GF Value™: ฿1.38 vs. price of ฿1.15 (16.7% below fair value)
  • GF Score™: 82/100 with 2 warning signs

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


Siam Technic Concrete PCL Business Description

Address Ngamwongwan Road, No. 50 Soi Ngam Wong Wan 47, Intersection 20, Thungsonghong Sub-district, Laksi District, Bangkok, THA, 10210
Siam Technic Concrete PCL is engaged in the manufacture of prestressed concrete products and construction contractor service. The firm has two reportable segments namely Sale of goods and services and Construction. The company generates the majority of its revenue from the Sale of goods and service segments. The Company is managed and operates principally in Thailand.
82GF Score

Get the complete analysis for BKK:STECH

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

฿1.15
Price
฿1.38
GF Value