Thai Nakarin Hospital PCL (BKK:TNH) Scaled Net Operating Assets: 0.40 (As of Apr. 2026)


BKK:TNH Thai Nakarin Hospital PCL BKK:TNH
86 GF Score
Price ฿29.25
GF Value ฿36.20
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Thai Nakarin Hospital PCL Scaled Net Operating Assets?

Thai Nakarin Hospital PCL BKK:TNH 86 Scaled Net Operating Assets is 0.40 as of Apr. 2026. GuruFocus rates BKK:TNH with a GF Score™ of 86/100 and a GF Value™ of ฿36.20 (Modestly Undervalued). The stock has 2 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 Nakarin Hospital PCL's operating assets for the quarter that ended in Apr. 2026 was ฿2,090 Mil. Thai Nakarin Hospital PCL's operating liabilities for the quarter that ended in Apr. 2026 was ฿511 Mil. Thai Nakarin Hospital PCL's Total Assets for the quarter that ended in Jan. 2026 was ฿3,990 Mil. Therefore, Thai Nakarin Hospital PCL's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.40.


Thai Nakarin Hospital PCL Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Thai Nakarin Hospital 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 Nakarin Hospital PCL Scaled Net Operating Assets Chart

Thai Nakarin Hospital PCL Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.51 0.44 0.42 0.40

Thai Nakarin Hospital PCL Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.39 0.38 0.38 0.39 0.40

BKK:TNH vs HCA, THC, DVA: Scaled Net Operating Assets Comparison

For the Medical Care Facilities subindustry, Thai Nakarin Hospital 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 Nakarin Hospital PCL Scaled Net Operating Assets vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Thai Nakarin Hospital PCL's Scaled Net Operating Assets distribution charts can be found below:

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


BKK:TNH
86GF Score
Thai Nakarin Hospital PCL BKK:TNH
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Nakarin Hospital 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 Nakarin Hospital PCL's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2025 )
=(Operating Assets (A: Jul. 2025 )-Operating Liabilities (A: Jul. 2025 ))/Total Assets (A: Jul. 2024 )
=(1928.097-512.994)/3564.188
=0.40

where

Operating Assets(A: Jul. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3855.922 - 1927.825
=1928.097

Operating Liabilities(A: Jul. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=512.994 - 0 - 0
=512.994

Thai Nakarin Hospital PCL's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Jan. 2026 )
=(2090.134-511.223)/3989.586
=0.40

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3982.249 - 1892.115
=2090.134

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=512.541 - 0.851 - 0.467
=511.223

* 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 0.40 mean?
Thai Nakarin Hospital PCL (BKK:TNH) has a Scaled Net Operating Assets of 0.40 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Thai Nakarin Hospital PCL and its competitors.
Is Thai Nakarin Hospital PCL's Scaled Net Operating Assets too high?
Thai Nakarin Hospital PCL's current Scaled Net Operating Assets is 0.40. Overall, Thai Nakarin Hospital PCL has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Nakarin Hospital PCL's Scaled Net Operating Assets compare to HCA and THC?
Thai Nakarin Hospital PCL's Scaled Net Operating Assets of 0.40 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Scaled Net Operating Assets depends on the Healthcare Providers & Services 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 Nakarin Hospital PCL and its competitors. Thai Nakarin Hospital PCL's current Scaled Net Operating Assets is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Nakarin Hospital PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Nakarin Hospital PCL (BKK:TNH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿36.20, compared to a current price of ฿29.25 — trading 19.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.40. Thai Nakarin Hospital PCL's overall GF Score™ is 86/100 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 Nakarin Hospital PCL (BKK:TNH), the current Scaled Net Operating Assets is 0.40 as of Apr. 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 Nakarin Hospital PCL (BKK:TNH) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Nakarin Hospital PCL stock appears to be undervalued. The current stock price of ฿29.25 is trading 19.2% below its estimated GF Value™ of ฿36.20. GuruFocus considers Thai Nakarin Hospital PCL to be Modestly Undervalued.

Key valuation signals for BKK:TNH:

  • Scaled Net Operating Assets: 0.40
  • GF Value™: ฿36.20 vs. price of ฿29.25 (19.2% below fair value)
  • GF Score™: 86/100 with 2 warning signs

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


Thai Nakarin Hospital PCL Business Description

Address No. 345 Thepparat Road, Kwaeng Bangna Nuea, Khet Bangna, Bangkok, THA, 10260
Thai Nakarin Hospital PCL operates a general hospital in Thailand. It provides inpatient and outpatient services and medical services. The company's operating units consist of an emergency department, X-ray unit, pharmacy department, physical therapy department, laboratory department, and others.
86GF Score

Get the complete analysis for BKK:TNH

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

฿29.25
Price
฿36.20
GF Value