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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
TMT Steel PCL's operating assets for the quarter that ended in Mar. 2026 was ฿8,460 Mil. TMT Steel PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿706 Mil. TMT Steel PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿8,238 Mil. Therefore, TMT Steel PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.94.
TMT Steel PCL Scaled Net Operating Assets Related Terms
TMT Steel PCL Scaled Net Operating Assets Historical Data
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The historical data trend for TMT Steel 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:TMT vs NUE, STLD, RS: Scaled Net Operating Assets Comparison
For the Steel subindustry, TMT Steel 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.
TMT Steel PCL Scaled Net Operating Assets vs Steel Industry
For the Steel industry and Basic Materials sector, TMT Steel PCL's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where TMT Steel 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 0.94 mean?
TMT Steel PCL (BKK:TMT) has a Scaled Net Operating Assets of 0.94 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 TMT Steel PCL and its competitors.
Is TMT Steel PCL's Scaled Net Operating Assets too high?
TMT Steel PCL's current Scaled Net Operating Assets is 0.94. Overall, TMT Steel PCL has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TMT Steel PCL's Scaled Net Operating Assets compare to NUE and STLD?
TMT Steel PCL's Scaled Net Operating Assets of 0.94 can be compared against companies in the Steel 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 Steel company?
A good Scaled Net Operating Assets depends on the Steel 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 TMT Steel PCL and its competitors. TMT Steel PCL's current Scaled Net Operating Assets is 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMT Steel PCL stock overvalued right now?
Based on GuruFocus' analysis, TMT Steel PCL (BKK:TMT) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.57, compared to a current price of ฿3.28 — trading 8.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.94. TMT Steel PCL's overall GF Score™ is 70/100 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 TMT Steel PCL (BKK:TMT), the current Scaled Net Operating Assets is 0.94 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 TMT Steel PCL (BKK:TMT) Overvalued in 2026?
Based on GuruFocus' analysis, TMT Steel PCL stock appears to be undervalued.
The current stock price of ฿3.28 is trading 8.1% below its estimated GF Value™ of ฿3.57.
GuruFocus considers TMT Steel PCL to be Fairly Valued.
Key valuation signals for BKK:TMT:
Scaled Net Operating Assets: 0.94
GF Value™: ฿3.57 vs. price of ฿3.28 (8.1% below fair value)
No single metric tells the full story. See the BKK:TMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TMT Steel PCL operates as a total steel solutions provider. It is engaged in fabricating and selling structural steel plates and sheets. The company offers flat products, including hot-rolled steel, plate steel, slit steel coil, flat iron, steel pipe, round steel bar, and others. In addition, it also provides steel processing and cold-forming services. Geographically the business activity functions through the region of Thailand.
70GF Score
Get the complete analysis for BKK:TMT
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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