Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Thai Mui PCL's operating assets for the quarter that ended in Mar. 2026 was ฿570.8 Mil. Thai Mui PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿98.0 Mil. Thai Mui PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿642.7 Mil. Therefore, Thai Mui PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.74.
Thai Mui PCL Scaled Net Operating Assets Related Terms
Thai Mui PCL Scaled Net Operating Assets Historical Data
* Premium members only.
The historical data trend for Thai Mui 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.
BKK:THMUI vs GWW, FAST, FERG: Scaled Net Operating Assets Comparison
For the Industrial Distribution subindustry, Thai Mui 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.
Thai Mui PCL Scaled Net Operating Assets vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Thai Mui PCL's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Thai Mui PCL's Scaled Net Operating Assets falls into.
* 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 0.74 mean?
Thai Mui PCL (BKK:THMUI) has a Scaled Net Operating Assets of 0.74 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 Thai Mui PCL and its competitors.
Is Thai Mui PCL's Scaled Net Operating Assets too high?
Thai Mui PCL's current Scaled Net Operating Assets is 0.74. Overall, Thai Mui PCL has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thai Mui PCL's Scaled Net Operating Assets compare to GWW and FAST?
Thai Mui PCL's Scaled Net Operating Assets of 0.74 can be compared against companies in the Industrial Distribution 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 an Industrial Distribution company?
A good Scaled Net Operating Assets depends on the Industrial Distribution 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 Thai Mui PCL and its competitors. Thai Mui PCL's current Scaled Net Operating Assets is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Mui PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Mui PCL (BKK:THMUI) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.63, compared to a current price of ฿0.31 — trading 50.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.74. Thai Mui PCL's overall GF Score™ is 50/100 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 Thai Mui PCL (BKK:THMUI), the current Scaled Net Operating Assets is 0.74 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 Thai Mui PCL (BKK:THMUI) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Mui PCL stock appears to be undervalued.
The current stock price of ฿0.31 is trading 50.8% below its estimated GF Value™ of ฿0.63.
GuruFocus considers Thai Mui PCL to be Possible Value Trap.
Key valuation signals for BKK:THMUI:
Scaled Net Operating Assets: 0.74
GF Value™: ฿0.63 vs. price of ฿0.31 (50.8% below fair value)
No single metric tells the full story. See the BKK:THMUI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Mui Corp PCL is engaged in the retail and wholesale of ironware, wire rope, saw, and pipe, and provides loop wire rope and equipment installation and inspection, plumbing contractor project, and construction of a water quality improvement business for shrimp farm. Its products include Wire rope, Skate, Soft sling, Hook, etc. The company's segments are Sales and service and Project work. The key revenue is derived from the sale of wire rope and lifting equipment, including replacement and installation, and providing technical inspection, testing, and analysis equipment activity. The group operates in Thailand.
50GF Score
Get the complete analysis for BKK:THMUI
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:THMUI has been successfully added to your 
