The Thai Setakij Insurance PCL (BKK:TSI-R) Scaled Net Operating Assets: 0.14 (As of Mar. 2026)


What is The Thai Setakij Insurance PCL Scaled Net Operating Assets?

The Thai Setakij Insurance PCL BKK:TSI-R Scaled Net Operating Assets is 0.14 as of Mar. 2026. 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.

The Thai Setakij Insurance PCL's operating assets for the quarter that ended in Mar. 2026 was ฿902 Mil. The Thai Setakij Insurance PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿741 Mil. The Thai Setakij Insurance PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿1,161 Mil. Therefore, The Thai Setakij Insurance PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.14.

The Thai Setakij 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.

The Thai Setakij 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 )
=(1148.719-867.337)/1089.083
=0.26

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1160.686 - 11.967
=1148.719

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=906.142 - 32.67 - 6.135
=867.337

The Thai Setakij 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 )
=(902.228-740.605)/1160.686
=0.14

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1017.235 - 115.007
=902.228

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=777.721 - 30.984 - 6.132
=740.605

* 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 0.14 mean?
The Thai Setakij Insurance PCL (BKK:TSI-R) has a Scaled Net Operating Assets of 0.14 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 The Thai Setakij Insurance PCL and its competitors.
Is The Thai Setakij Insurance PCL's Scaled Net Operating Assets too high?
The Thai Setakij Insurance PCL's current Scaled Net Operating Assets is 0.14.
How does The Thai Setakij Insurance PCL's Scaled Net Operating Assets compare to CB and PGR?
The Thai Setakij Insurance PCL's Scaled Net Operating Assets of 0.14 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 The Thai Setakij Insurance PCL and its competitors. The Thai Setakij Insurance PCL's current Scaled Net Operating Assets is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Thai Setakij Insurance PCL stock overvalued right now?
The Thai Setakij Insurance PCL (BKK:TSI-R) has a current Scaled Net Operating Assets of 0.14. The stock's GF Value™ is ฿0.13, compared to a current price of ฿0.06 — trading 53.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.14. 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 The Thai Setakij Insurance PCL (BKK:TSI-R), the current Scaled Net Operating Assets is 0.14 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.

The Thai Setakij Insurance PCL Business Description

Other Exchanges TSI:Thailand
Address Wireless Road, 15th Floor, Unit no. 1 and 4-6, 87 M. Thai Tower, All Seasons Place, Lumpini Subdistrict, Pathumwan District, Bangkok, THA, 10330
The Thai Setakij Insurance PCL is a company operating in the insurance sector. The primary activity of the company is to provide non-life insurance services. Its non-life insurance products include Fire insurance; Marine and transportation insurance; Motor insurance; and Miscellaneous insurance. The company operates principally in Thailand and generates key revenue from the Motor insurance Business unit.