Thai Life Insurance PCL (BKK:TLI) Scaled Net Operating Assets: -0.68 (As of Mar. 2026)


BKK:TLI Thai Life Insurance PCL BKK:TLI
63 GF Score
Price ฿11.90
GF Value ฿7.10
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Thai Life Insurance PCL Scaled Net Operating Assets?

Thai Life Insurance PCL BKK:TLI 63 Scaled Net Operating Assets is -0.68 as of Mar. 2026. GuruFocus rates BKK:TLI with a GF Score™ of 63/100 and a GF Value™ of ฿7.10 (Significantly Overvalued). 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.

Thai Life Insurance PCL's operating assets for the quarter that ended in Mar. 2026 was ฿25,861 Mil. Thai Life Insurance PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿469,290 Mil. Thai Life Insurance PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿649,568 Mil. Therefore, Thai Life Insurance PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.68.

BKK:TLI
63GF Score
Thai Life Insurance PCL BKK:TLI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Life Insurance 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.

Thai Life Insurance 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 )
=(641700.542-495053.827)/596765.106
=0.25

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=649567.77 - 7867.228
=641700.542

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=495053.827 - 0 - 0
=495053.827

Thai Life Insurance 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 )
=(25860.627-469289.652)/649567.77
=-0.68

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=596630.87 - 570770.243
=25860.627

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=469289.652 - 0 - 0
=469289.652

* 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 -0.68 mean?
Thai Life Insurance PCL (BKK:TLI) has a Scaled Net Operating Assets of -0.68 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 Life Insurance PCL and its competitors.
Is Thai Life Insurance PCL's Scaled Net Operating Assets too high?
Thai Life Insurance PCL's current Scaled Net Operating Assets is -0.68. Overall, Thai Life Insurance PCL has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Life Insurance PCL's Scaled Net Operating Assets compare to AFL and MET?
Thai Life Insurance PCL's Scaled Net Operating Assets of -0.68 can be compared against companies in the Insurance 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 Insurance company?
A good Scaled Net Operating Assets depends on the Insurance 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 Life Insurance PCL and its competitors. Thai Life Insurance PCL's current Scaled Net Operating Assets is -0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Life Insurance PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Life Insurance PCL (BKK:TLI) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿7.10, compared to a current price of ฿11.90 — trading 67.6% above its estimated fair value. The current Scaled Net Operating Assets is -0.68. Thai Life Insurance PCL's overall GF Score™ is 63/100 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 Thai Life Insurance PCL (BKK:TLI), the current Scaled Net Operating Assets is -0.68 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 Life Insurance PCL (BKK:TLI) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Life Insurance PCL stock appears to be overvalued. The current stock price of ฿11.90 is trading 67.6% above its estimated GF Value™ of ฿7.10. GuruFocus considers Thai Life Insurance PCL to be Significantly Overvalued.

Key valuation signals for BKK:TLI:

  • Scaled Net Operating Assets: -0.68
  • GF Value™: ฿7.10 vs. price of ฿11.90 (67.6% above fair value)
  • GF Score™: 63/100 with 3 warning signs

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

Thai Life Insurance PCL Business Description

Other Exchanges TLI-F:Thailand
Address 123 Ratchadaphisek Road, Thai Life Insurance Building, 6th Floor, Din Daeng Subdistrict, Din Daeng District, Bangkok, THA, 10400
Thai Life Insurance PCL is a life insurance company. It provides integrated products covering personal accident insurance and group insurance. Its segment includes agent channel; and partnership and other channels, which include commercial banks, government banks, leasing & hire purchase, consumer finance, direct marketing, group employee benefits, and digital. The company generates maximum revenue from the agent channel segment.
63GF Score

Get the complete analysis for BKK:TLI

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

฿11.90
Price
฿7.10
GF Value