Thai Nondestructive Testing PCL (BKK:TNDT) Scaled Net Operating Assets: 0.58 (As of Mar. 2026)

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BKK:TNDT Thai Nondestructive Testing PCL BKK:TNDT
29 GF Score
Price ฿0.14
GF Value ฿0.15
Valuation Fairly Valued
! 6 Warning Signs
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What is Thai Nondestructive Testing PCL Scaled Net Operating Assets?

Thai Nondestructive Testing PCL BKK:TNDT 29 Scaled Net Operating Assets is 0.58 as of Mar. 2026. GuruFocus rates BKK:TNDT with a GF Score™ of 29/100 and a GF Value™ of ฿0.15 (Fairly Valued). The stock has 6 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 Nondestructive Testing PCL's operating assets for the quarter that ended in Mar. 2026 was ฿561.1 Mil. Thai Nondestructive Testing PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿184.5 Mil. Thai Nondestructive Testing PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿646.3 Mil. Therefore, Thai Nondestructive Testing PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.58.


Thai Nondestructive Testing PCL Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Thai Nondestructive Testing 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.

Thai Nondestructive Testing PCL Scaled Net Operating Assets Chart

Thai Nondestructive Testing PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.84 0.48 0.57 0.58

Thai Nondestructive Testing PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 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 0.68 0.58 0.66 0.63 0.58

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

For the Engineering & Construction subindustry, Thai Nondestructive Testing 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 Nondestructive Testing PCL Scaled Net Operating Assets vs Construction Industry

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

* The bar in red indicates where Thai Nondestructive Testing PCL's Scaled Net Operating Assets falls into.


BKK:TNDT
29GF Score
Thai Nondestructive Testing PCL BKK:TNDT
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Nondestructive Testing 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 Nondestructive Testing 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 )
=(591.142-189.246)/691.624
=0.58

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=646.335 - 55.193
=591.142

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=539.331 - 146.786 - 203.299
=189.246

Thai Nondestructive Testing 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 )
=(561.098-184.533)/646.335
=0.58

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=629.291 - 68.193
=561.098

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=527.405 - 156.964 - 185.908
=184.533

* 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 0.58 mean?
Thai Nondestructive Testing PCL (BKK:TNDT) has a Scaled Net Operating Assets of 0.58 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 Nondestructive Testing PCL and its competitors.
Is Thai Nondestructive Testing PCL's Scaled Net Operating Assets too high?
Thai Nondestructive Testing PCL's current Scaled Net Operating Assets is 0.58. Overall, Thai Nondestructive Testing PCL has a GF Score™ of 29/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Nondestructive Testing PCL's Scaled Net Operating Assets compare to PWR and FIX?
Thai Nondestructive Testing PCL's Scaled Net Operating Assets of 0.58 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 Thai Nondestructive Testing PCL and its competitors. Thai Nondestructive Testing PCL's current Scaled Net Operating Assets is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Nondestructive Testing PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Nondestructive Testing PCL (BKK:TNDT) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.15, compared to a current price of ฿0.14 — trading 6.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.58. Thai Nondestructive Testing PCL's overall GF Score™ is 29/100 with 6 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 Nondestructive Testing PCL (BKK:TNDT), the current Scaled Net Operating Assets is 0.58 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 Nondestructive Testing PCL (BKK:TNDT) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Nondestructive Testing PCL stock appears to be undervalued. The current stock price of ฿0.14 is trading 6.7% below its estimated GF Value™ of ฿0.15. GuruFocus considers Thai Nondestructive Testing PCL to be Fairly Valued.

Key valuation signals for BKK:TNDT:

  • Scaled Net Operating Assets: 0.58
  • GF Value™: ฿0.15 vs. price of ฿0.14 (6.7% below fair value)
  • GF Score™: 29/100 with 6 warning signs

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


Thai Nondestructive Testing PCL Business Description

Address Ramkhamhaeng Road, 19 Soi Ramkhamhaeng 60 Intersection 8 (Suanson 8, Huamark, Bangkapi, Bangkok, THA, 10240
Thai Nondestructive Testing PCL engages in providing technical services and operates engineering inspection and testing through non-destructive techniques. It operates in the segments of: Nondestructive testing services; Inspection services for pressure vessel; Electron Beam; Revenue from contractor services relating to electricity, generating system; and Revenue from sales. Its Non-Destructive Testing Services segment which earns majority revenue provides conventional testing services, which are applied to pressure vessels, heat exchangers, boilers, piping and structures in the fields of oil refineries, power plants, petrochemical plants, ship buildings, offshore, bridges and building constructions, and other heavy industries. Geographically, it operates Domestically as well as Abroad.
29GF Score

Get the complete analysis for BKK:TNDT

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

฿0.14
Price
฿0.15
GF Value