Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Tata Steel Thailand PCL's operating assets for the quarter that ended in Mar. 2026 was ฿13,089 Mil. Tata Steel Thailand PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿2,366 Mil. Tata Steel Thailand PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿16,961 Mil. Therefore, Tata Steel Thailand PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.63.
Tata Steel Thailand PCL Scaled Net Operating Assets Related Terms
Tata Steel Thailand PCL Scaled Net Operating Assets Historical Data
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The historical data trend for Tata Steel Thailand 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.
Tata Steel Thailand PCL Scaled Net Operating Assets Chart
BKK:TSTH vs NUE, STLD, RS: Scaled Net Operating Assets Comparison
For the Steel subindustry, Tata Steel Thailand 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.
Tata Steel Thailand PCL Scaled Net Operating Assets vs Steel Industry
For the Steel industry and Basic Materials sector, Tata Steel Thailand PCL's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Tata Steel Thailand 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 0.63 mean?
Tata Steel Thailand PCL (BKK:TSTH) has a Scaled Net Operating Assets of 0.63 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 Tata Steel Thailand PCL and its competitors.
Is Tata Steel Thailand PCL's Scaled Net Operating Assets too high?
Tata Steel Thailand PCL's current Scaled Net Operating Assets is 0.63. Overall, Tata Steel Thailand PCL has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tata Steel Thailand PCL's Scaled Net Operating Assets compare to NUE and STLD?
Tata Steel Thailand PCL's Scaled Net Operating Assets of 0.63 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 Tata Steel Thailand PCL and its competitors. Tata Steel Thailand PCL's current Scaled Net Operating Assets is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Steel Thailand PCL stock overvalued right now?
Based on GuruFocus' analysis, Tata Steel Thailand PCL (BKK:TSTH) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.75, compared to a current price of ฿0.89 — trading 18.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.63. Tata Steel Thailand PCL's overall GF Score™ is 54/100 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 Tata Steel Thailand PCL (BKK:TSTH), the current Scaled Net Operating Assets is 0.63 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 Tata Steel Thailand PCL (BKK:TSTH) Overvalued in 2026?
Based on GuruFocus' analysis, Tata Steel Thailand PCL stock appears to be overvalued.
The current stock price of ฿0.89 is trading 18.7% above its estimated GF Value™ of ฿0.75.
GuruFocus considers Tata Steel Thailand PCL to be Modestly Overvalued.
Key valuation signals for BKK:TSTH:
Scaled Net Operating Assets: 0.63
GF Value™: ฿0.75 vs. price of ฿0.89 (18.7% above fair value)
No single metric tells the full story. See the BKK:TSTH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tata Steel Thailand PCL is a Thailand-based holding company that is engaged in investing in other companies and providing management services. The company is engaged in manufacturing, rendering manufacturing services, distributing, and trading of steel bars, wire rods, and small-section products through its subsidiaries. The company operates in a single segment, being the Manufacturing and distribution of long steel products. Its product line includes rebar, deformed bar, round bar, cut and bend bars, wire rods, including high carbon wire rods and low carbon, special wire rods, and others.
54GF Score
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