Stecon Group PCL (BKK:STECON) Scaled Net Operating Assets: 0.45 (As of Mar. 2026)

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BKK:STECON Stecon Group PCL BKK:STECON
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What is Stecon Group PCL Scaled Net Operating Assets?

Stecon Group PCL BKK:STECON -3.72% 8 Scaled Net Operating Assets is 0.45 as of Mar. 2026. GuruFocus rates BKK:STECON with a GF Score™ of 8/100. The stock has 8 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.

Stecon Group PCL's operating assets for the quarter that ended in Mar. 2026 was ฿56,734 Mil. Stecon Group PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿31,193 Mil. Stecon Group PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿56,249 Mil. Therefore, Stecon Group PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.45.


Stecon Group PCL Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Stecon Group 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.

Stecon Group PCL Scaled Net Operating Assets Chart

Stecon Group PCL Annual Data
Trend Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.38 0.47 0.43

Stecon Group PCL Quarterly Data
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 0.41 0.39 0.43 0.42 0.45

BKK:STECON vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, Stecon Group 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.


Stecon Group PCL Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Stecon Group PCL's Scaled Net Operating Assets distribution charts can be found below:

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


BKK:STECON
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Stecon Group PCL BKK:STECON
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Stecon Group 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.

Stecon Group 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 )
=(52033.509-29814.819)/51516.372
=0.43

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=56249.472 - 4215.963
=52033.509

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=39198.434 - 1100.052 - 8283.563
=29814.819

Stecon Group 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 )
=(56733.556-31192.895)/56249.472
=0.45

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=61558.743 - 4825.187
=56733.556

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=40962.187 - 1047.772 - 8721.52
=31192.895

* 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 0.45 mean?
Stecon Group PCL (BKK:STECON) has a Scaled Net Operating Assets of 0.45 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 Stecon Group PCL and its competitors.
Is Stecon Group PCL's Scaled Net Operating Assets too high?
Stecon Group PCL's current Scaled Net Operating Assets is 0.45. Overall, Stecon Group PCL has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Stecon Group PCL's Scaled Net Operating Assets compare to PWR and FIX?
Stecon Group PCL's Scaled Net Operating Assets of 0.45 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Stecon Group PCL and its competitors. Stecon Group PCL's current Scaled Net Operating Assets is 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stecon Group PCL stock overvalued right now?
Stecon Group PCL (BKK:STECON) has a current Scaled Net Operating Assets of 0.45. The current Scaled Net Operating Assets is 0.45. Stecon Group PCL's overall GF Score™ is 8/100 with 8 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 Stecon Group PCL (BKK:STECON), the current Scaled Net Operating Assets is 0.45 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.

Stecon Group PCL Business Description

Address Sukhumvit Soi 21, Asoke Road, 32/59-60, 20,27-30 Floor, Sino-Thai Tower, Klongtoey-Nua, Wattana, Bangkok, THA, 10110
Stecon Group PCL is an engineering and construction company. The group works on government and private projects, including civil and mechanical works. Its services include Infrastructure, Building, Power and energy, Industrial, and Environmental. Geographically, the company operates in Thailand.
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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