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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Union Petrochemical PCL's operating assets for the quarter that ended in Mar. 2026 was ฿1,665 Mil. Union Petrochemical PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿367 Mil. Union Petrochemical PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿1,693 Mil. Therefore, Union Petrochemical PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.77.
Union Petrochemical PCL Scaled Net Operating Assets Related Terms
Union Petrochemical PCL Scaled Net Operating Assets Historical Data
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The historical data trend for Union Petrochemical 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.
Union Petrochemical PCL Scaled Net Operating Assets Chart
BKK:UKEM vs DOW: Scaled Net Operating Assets Comparison
For the Chemicals subindustry, Union Petrochemical 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.
Union Petrochemical PCL Scaled Net Operating Assets vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Union Petrochemical PCL's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Union Petrochemical 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 0.77 mean?
Union Petrochemical PCL (BKK:UKEM) has a Scaled Net Operating Assets of 0.77 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 Union Petrochemical PCL and its competitors.
Is Union Petrochemical PCL's Scaled Net Operating Assets too high?
Union Petrochemical PCL's current Scaled Net Operating Assets is 0.77. Overall, Union Petrochemical PCL has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Petrochemical PCL's Scaled Net Operating Assets compare to DOW?
Union Petrochemical PCL's Scaled Net Operating Assets of 0.77 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Union Petrochemical PCL and its competitors. Union Petrochemical PCL's current Scaled Net Operating Assets is 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Petrochemical PCL stock overvalued right now?
Based on GuruFocus' analysis, Union Petrochemical PCL (BKK:UKEM) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.71, compared to a current price of ฿1.17 — trading 64.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.77. Union Petrochemical PCL's overall GF Score™ is 48/100 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 Union Petrochemical PCL (BKK:UKEM), the current Scaled Net Operating Assets is 0.77 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 Union Petrochemical PCL (BKK:UKEM) Overvalued in 2026?
Based on GuruFocus' analysis, Union Petrochemical PCL stock appears to be overvalued.
The current stock price of ฿1.17 is trading 64.8% above its estimated GF Value™ of ฿0.71.
GuruFocus considers Union Petrochemical PCL to be Significantly Overvalued.
Key valuation signals for BKK:UKEM:
Scaled Net Operating Assets: 0.77
GF Value™: ฿0.71 vs. price of ฿1.17 (64.8% above fair value)
No single metric tells the full story. See the BKK:UKEM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Union Petrochemical PCL is principally engaged in the import and distribution of chemical products. The company is organized into three reportable segments: Commodity Chemicals segment, Specialty Chemicals segment, and Other segment. Some of its products are Methanol, Isopropyl alcohol, isobutyl alcohol, N-Butanol, Solvents 3040, Toluene, Mixed Xylene, Solvesso 100 Fluid, Solvesso 150 fluid, Solvesso 150 fluid, Butyl Acetate, Ethyl Acetate and Butyl, among others. The company has diversified into the logistics and storage sector. The group operates solely in Thailand and derives key revenue from the Commodity chemicals segment. The Group's business is operated in Thailand.
48GF Score
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