Utility Business Alliance PCL (BKK:UBA) Scaled Net Operating Assets: 0.31 (As of Mar. 2026)


BKK:UBA Utility Business Alliance PCL BKK:UBA
59 GF Score
Price ฿1.08
GF Value ฿0.89
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Utility Business Alliance PCL Scaled Net Operating Assets?

Utility Business Alliance PCL BKK:UBA 59 Scaled Net Operating Assets is 0.31 as of Mar. 2026. GuruFocus rates BKK:UBA with a GF Score™ of 59/100 and a GF Value™ of ฿0.89 (Modestly Overvalued). The stock has 5 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.

Utility Business Alliance PCL's operating assets for the quarter that ended in Mar. 2026 was ฿309.2 Mil. Utility Business Alliance PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿85.2 Mil. Utility Business Alliance PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿733.5 Mil. Therefore, Utility Business Alliance PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.31.


Utility Business Alliance PCL Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Utility Business Alliance 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.

Utility Business Alliance PCL Scaled Net Operating Assets Chart

Utility Business Alliance PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 1.06 0.70 0.37 0.34 0.35

Utility Business Alliance PCL Quarterly Data
Dec20 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 0.32 0.27 0.31 0.36 0.31

BKK:UBA vs WM, RSG, WCN: Scaled Net Operating Assets Comparison

For the Waste Management subindustry, Utility Business Alliance 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.


Utility Business Alliance PCL Scaled Net Operating Assets vs Waste Management Industry

For the Waste Management industry and Industrials sector, Utility Business Alliance PCL's Scaled Net Operating Assets distribution charts can be found below:

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


BKK:UBA
59GF Score
Utility Business Alliance PCL BKK:UBA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Utility Business Alliance 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.

Utility Business Alliance 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 )
=(337.102-83.668)/732.41
=0.35

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=733.544 - 396.442
=337.102

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=84.392 - 0.09 - 0.634
=83.668

Utility Business Alliance 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 )
=(309.196-85.18)/733.544
=0.31

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=751.884 - 442.688
=309.196

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=85.748 - 0 - 0.568
=85.18

* 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 0.31 mean?
Utility Business Alliance PCL (BKK:UBA) has a Scaled Net Operating Assets of 0.31 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 Utility Business Alliance PCL and its competitors.
Is Utility Business Alliance PCL's Scaled Net Operating Assets too high?
Utility Business Alliance PCL's current Scaled Net Operating Assets is 0.31. Overall, Utility Business Alliance PCL has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Utility Business Alliance PCL's Scaled Net Operating Assets compare to WM and RSG?
Utility Business Alliance PCL's Scaled Net Operating Assets of 0.31 can be compared against companies in the Waste Management 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 Waste Management company?
A good Scaled Net Operating Assets depends on the Waste Management 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 Utility Business Alliance PCL and its competitors. Utility Business Alliance PCL's current Scaled Net Operating Assets is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Utility Business Alliance PCL stock overvalued right now?
Based on GuruFocus' analysis, Utility Business Alliance PCL (BKK:UBA) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.89, compared to a current price of ฿1.08 — trading 21.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.31. Utility Business Alliance PCL's overall GF Score™ is 59/100 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 Utility Business Alliance PCL (BKK:UBA), the current Scaled Net Operating Assets is 0.31 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 Utility Business Alliance PCL (BKK:UBA) Overvalued in 2026?

Based on GuruFocus' analysis, Utility Business Alliance PCL stock appears to be overvalued. The current stock price of ฿1.08 is trading 21.3% above its estimated GF Value™ of ฿0.89. GuruFocus considers Utility Business Alliance PCL to be Modestly Overvalued.

Key valuation signals for BKK:UBA:

  • Scaled Net Operating Assets: 0.31
  • GF Value™: ฿0.89 vs. price of ฿1.08 (21.3% above fair value)
  • GF Score™: 59/100 with 5 warning signs

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


Utility Business Alliance PCL Business Description

Address 123 Viphavadee-Rangsit Road, 21st Floor, Sun Towers A Building, Chom Phon Subdistrict, Chatuchak District, Jompol, Jatujak, Bangkok, THA, 10900
Utility Business Alliance PCL is engaged in the provision of technical engineering and other related services. It provides complete system operation and maintenance services, along with providing consulting services, design, construction, and installation of machinery and equipment. The group has one operating segments which are operates specifically service segment in Thailand.
59GF Score

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

฿1.08
Price
฿0.89
GF Value