TWZ PCL (BKK:TWZ) Scaled Net Operating Assets: 0.83 (As of Mar. 2026)

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What is TWZ PCL Scaled Net Operating Assets?

TWZ PCL BKK:TWZ Scaled Net Operating Assets is 0.83 as of Mar. 2026. The stock has 3 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.

TWZ PCL's operating assets for the quarter that ended in Mar. 2026 was ฿3,760 Mil. TWZ PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿525 Mil. TWZ PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿3,918 Mil. Therefore, TWZ PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.83.


TWZ PCL Scaled Net Operating Assets Historical Data

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The historical data trend for TWZ 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.

TWZ PCL Scaled Net Operating Assets Chart

TWZ 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 0.89 0.82 0.90 0.89 0.54

TWZ 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 0.89 0.91 0.82 0.60 0.83

BKK:TWZ vs CASY, WSM, ULTA: Scaled Net Operating Assets Comparison

For the Specialty Retail subindustry, TWZ 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.


TWZ PCL Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, TWZ PCL's Scaled Net Operating Assets distribution charts can be found below:

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



TWZ 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.

TWZ 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 )
=(3865.406-518.328)/6228.953
=0.54

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3917.907 - 52.501
=3865.406

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2204.283 - 961.603 - 724.352
=518.328

TWZ 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 )
=(3760.062-525.047)/3917.907
=0.83

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3810.179 - 50.117
=3760.062

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2131.231 - 945.456 - 660.728
=525.047

* 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 0.83 mean?
TWZ PCL (BKK:TWZ) has a Scaled Net Operating Assets of 0.83 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 TWZ PCL and its competitors.
Is TWZ PCL's Scaled Net Operating Assets too high?
TWZ PCL's current Scaled Net Operating Assets is 0.83.
How does TWZ PCL's Scaled Net Operating Assets compare to CASY and WSM?
TWZ PCL's Scaled Net Operating Assets of 0.83 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 TWZ PCL and its competitors. TWZ PCL's current Scaled Net Operating Assets is 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TWZ PCL stock overvalued right now?
Based on GuruFocus' analysis, TWZ PCL (BKK:TWZ) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.03, compared to a current price of ฿0.01 — trading 66.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.83. 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 TWZ PCL (BKK:TWZ), the current Scaled Net Operating Assets is 0.83 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.

TWZ PCL Business Description

Address 269 Ratchadapisek Road, Ratchadapisek Subdistrict, Din Daeng, Bangkok, THA, 10400
TWZ Corp PCL is engaged in the sale of mobile phones and accessories. The company is a supplier of mobile phones, spare parts, and related accessories. The group offers 7 main business segments, namely the communication equipment Trading Segment, Real Estate Development Project Segment, Investment Real Estate Segment, Electric Vehicle Segment, Cannabis Segment, Computer Program Development Segment, Generating and selling electricity plasma, and Other. The company's products include security products and Entertainment products.