Thailand Prime Property Freehold And Leasehold REIT (BKK:TPRIME) Scaled Net Operating Assets: 0.91 (As of Mar. 2026)


BKK:TPRIME Thailand Prime Property Freehold And Leasehold REIT BKK:TPRIME
79 GF Score
Price ฿7.75
GF Value ฿7.11
Valuation Fairly Valued
! 10 Warning Signs
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What is Thailand Prime Property Freehold And Leasehold REIT Scaled Net Operating Assets?

Thailand Prime Property Freehold And Leasehold REIT BKK:TPRIME 79 Scaled Net Operating Assets is 0.91 as of Mar. 2026. GuruFocus rates BKK:TPRIME with a GF Score™ of 79/100 and a GF Value™ of ฿7.11 (Fairly Valued). The stock has 10 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.

Thailand Prime Property Freehold And Leasehold REIT's operating assets for the quarter that ended in Mar. 2026 was ฿8,710.0 Mil. Thailand Prime Property Freehold And Leasehold REIT's operating liabilities for the quarter that ended in Mar. 2026 was ฿370.4 Mil. Thailand Prime Property Freehold And Leasehold REIT's Total Assets for the quarter that ended in Dec. 2025 was ฿9,159.5 Mil. Therefore, Thailand Prime Property Freehold And Leasehold REIT's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.91.


Thailand Prime Property Freehold And Leasehold REIT Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Thailand Prime Property Freehold And Leasehold REIT'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.

Thailand Prime Property Freehold And Leasehold REIT Scaled Net Operating Assets Chart

Thailand Prime Property Freehold And Leasehold REIT 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 0.89 0.88 0.89 0.87 0.89

Thailand Prime Property Freehold And Leasehold REIT 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 0.88 0.90 0.91 0.90 0.91

BKK:TPRIME vs BXP, ARE, VNO: Scaled Net Operating Assets Comparison

For the REIT - Office subindustry, Thailand Prime Property Freehold And Leasehold REIT'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.


Thailand Prime Property Freehold And Leasehold REIT Scaled Net Operating Assets vs REITs Industry

For the REITs industry and Real Estate sector, Thailand Prime Property Freehold And Leasehold REIT's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Thailand Prime Property Freehold And Leasehold REIT's Scaled Net Operating Assets falls into.


BKK:TPRIME
79GF Score
Thailand Prime Property Freehold And Leasehold REIT BKK:TPRIME
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Thailand Prime Property Freehold And Leasehold REIT 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.

Thailand Prime Property Freehold And Leasehold REIT'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 )
=(8638.807-387.067)/9257.535
=0.89

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9159.475 - 520.668
=8638.807

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2697.532 - 1300.655 - 1009.81
=387.067

Thailand Prime Property Freehold And Leasehold REIT'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 )
=(8710.006-370.377)/9159.475
=0.91

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9217.109 - 507.103
=8710.006

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2671.313 - 2300.936 - 0
=370.377

* 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 0.91 mean?
Thailand Prime Property Freehold And Leasehold REIT (BKK:TPRIME) has a Scaled Net Operating Assets of 0.91 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 Thailand Prime Property Freehold And Leasehold REIT and its competitors.
Is Thailand Prime Property Freehold And Leasehold REIT's Scaled Net Operating Assets too high?
Thailand Prime Property Freehold And Leasehold REIT's current Scaled Net Operating Assets is 0.91. Overall, Thailand Prime Property Freehold And Leasehold REIT has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thailand Prime Property Freehold And Leasehold REIT's Scaled Net Operating Assets compare to BXP and ARE?
Thailand Prime Property Freehold And Leasehold REIT's Scaled Net Operating Assets of 0.91 can be compared against companies in the REITs 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 REITs company?
A good Scaled Net Operating Assets depends on the REITs 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 Thailand Prime Property Freehold And Leasehold REIT and its competitors. Thailand Prime Property Freehold And Leasehold REIT's current Scaled Net Operating Assets is 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thailand Prime Property Freehold And Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Thailand Prime Property Freehold And Leasehold REIT (BKK:TPRIME) is currently considered Fairly Valued. The stock's GF Value™ is ฿7.11, compared to a current price of ฿7.75 — trading 9% above its estimated fair value. The current Scaled Net Operating Assets is 0.91. Thailand Prime Property Freehold And Leasehold REIT's overall GF Score™ is 79/100 with 10 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 Thailand Prime Property Freehold And Leasehold REIT (BKK:TPRIME), the current Scaled Net Operating Assets is 0.91 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 Thailand Prime Property Freehold And Leasehold REIT (BKK:TPRIME) Overvalued in 2026?

Based on GuruFocus' analysis, Thailand Prime Property Freehold And Leasehold REIT stock appears to be overvalued. The current stock price of ฿7.75 is trading 9% above its estimated GF Value™ of ฿7.11. GuruFocus considers Thailand Prime Property Freehold And Leasehold REIT to be Fairly Valued.

Key valuation signals for BKK:TPRIME:

  • Scaled Net Operating Assets: 0.91
  • GF Value™: ฿7.11 vs. price of ฿7.75 (9% above fair value)
  • GF Score™: 79/100 with 10 warning signs

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


Thailand Prime Property Freehold And Leasehold REIT Business Description

Industry Real EstateREITs
Address Unit 3903, Sukhumvit Road, 388 Exchange Tower, 39th Floor, Khlong Toei District, Bangkok, THA, 10110
Thailand Prime Property Freehold And Leasehold REIT operates as a closed-end real estate investment company. The trust's objectives are to mobilize funds raised from investors and loans from financial institutions to invest in leasehold rights to land and Mercury Tower and invest in the shares of Exchange Tower.
79GF Score

Get the complete analysis for BKK:TPRIME

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

฿7.75
Price
฿7.11
GF Value