WP Energy PCL (BKK:WP) Scaled Net Operating Assets: 0.12 (As of Mar. 2026)


BKK:WP WP Energy PCL BKK:WP
64 GF Score
Price ฿3.72
GF Value ฿3.71
Valuation Fairly Valued
! 3 Warning Signs
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What is WP Energy PCL Scaled Net Operating Assets?

WP Energy PCL BKK:WP -0.53% 64 Scaled Net Operating Assets is 0.12 as of Mar. 2026. GuruFocus rates BKK:WP with a GF Score™ of 64/100 and a GF Value™ of ฿3.71 (Fairly Valued). 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.

WP Energy PCL's operating assets for the quarter that ended in Mar. 2026 was ฿6,026 Mil. WP Energy PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿5,204 Mil. WP Energy PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿6,807 Mil. Therefore, WP Energy PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.12.


WP Energy PCL Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for WP Energy 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.

WP Energy PCL Scaled Net Operating Assets Chart

WP Energy 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 0.18 0.16 0.15 0.14 0.14

WP Energy 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 0.12 0.13 0.13 0.15 0.12

BKK:WP vs ATO, NI, UGI: Scaled Net Operating Assets Comparison

For the Utilities - Regulated Gas subindustry, WP Energy 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.


WP Energy PCL Scaled Net Operating Assets vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, WP Energy PCL's Scaled Net Operating Assets distribution charts can be found below:

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


BKK:WP
64GF Score
WP Energy PCL BKK:WP
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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WP Energy 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.

WP Energy 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 )
=(6080.459-5092.185)/6907.564
=0.14

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6807.313 - 726.854
=6080.459

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5515.356 - 208.187 - 214.984
=5092.185

WP Energy 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 )
=(6025.804-5204.403)/6807.313
=0.12

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6839.181 - 813.377
=6025.804

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5502.902 - 193.998 - 104.501
=5204.403

* 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 0.12 mean?
WP Energy PCL (BKK:WP) has a Scaled Net Operating Assets of 0.12 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 WP Energy PCL and its competitors.
Is WP Energy PCL's Scaled Net Operating Assets too high?
WP Energy PCL's current Scaled Net Operating Assets is 0.12. Overall, WP Energy PCL has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does WP Energy PCL's Scaled Net Operating Assets compare to ATO and NI?
WP Energy PCL's Scaled Net Operating Assets of 0.12 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Scaled Net Operating Assets depends on the Utilities - Regulated 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 WP Energy PCL and its competitors. WP Energy PCL's current Scaled Net Operating Assets is 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WP Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, WP Energy PCL (BKK:WP) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.71, compared to a current price of ฿3.72 — trading 0.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.12. WP Energy PCL's overall GF Score™ is 64/100 with 3 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 WP Energy PCL (BKK:WP), the current Scaled Net Operating Assets is 0.12 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 WP Energy PCL (BKK:WP) Overvalued in 2026?

Based on GuruFocus' analysis, WP Energy PCL stock appears to be overvalued. The current stock price of ฿3.72 is trading 0.3% above its estimated GF Value™ of ฿3.71. GuruFocus considers WP Energy PCL to be Fairly Valued.

Key valuation signals for BKK:WP:

  • Scaled Net Operating Assets: 0.12
  • GF Value™: ฿3.71 vs. price of ฿3.72 (0.3% above fair value)
  • GF Score™: 64/100 with 3 warning signs

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


WP Energy PCL Business Description

Address Vibhavadi Rangsit Road, Soi Viphavadi Rangsit 5, 1 East Water Buildings, 15th Floor, Chom Pon Sub-district, Chatuchak District, Bangkok, THA, 10900
WP Energy PCL is a comprehensive energy group mainly involved in the trading of liquid petroleum gas under the World Gas brand. It serves gas retailers, gas stations, bottling plants, industrial and commercial clients, and also engages in trading within the ASEAN region. The group also offers: engineering, installation, and maintenance services for gas stations and gas distribution systems; solar rooftop solutions; and transports oil, gas, and chemical substances. Its main business segments are: Trading of Liquefied Petroleum Gas (LPG), petroleum by-products and other related businesses, which generate maximum revenue; and Transportation of oil, gas and chemical substances. Geographically, the group generates maximum revenue from Thailand, followed by Singapore and Vietnam.
64GF 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.

฿3.72
Price
฿3.71
GF Value