Hong Leong Asia (FRA:HOM) Scaled Net Operating Assets: 0.27 (As of Dec. 2025)


FRA:HOM Hong Leong Asia Ltd FRA:HOM
57 GF Score
Price €1.73
GF Value €0.66
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Hong Leong Asia Scaled Net Operating Assets?

Hong Leong Asia FRA:HOM -2.81% 57 Scaled Net Operating Assets is 0.27 as of Dec. 2025. GuruFocus rates FRA:HOM with a GF Score™ of 57/100 and a GF Value™ of €0.66 (Significantly Overvalued). 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.

Hong Leong Asia's operating assets for the quarter that ended in Dec. 2025 was €3,367 Mil. Hong Leong Asia's operating liabilities for the quarter that ended in Dec. 2025 was €2,185 Mil. Hong Leong Asia's Total Assets for the quarter that ended in Jun. 2025 was €4,389 Mil. Therefore, Hong Leong Asia's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.27.

Hong Leong Asia Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Hong Leong Asia'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.

Hong Leong Asia Scaled Net Operating Assets Chart

Hong Leong Asia 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 0.41 0.41 0.38 0.38 0.29

Hong Leong Asia Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.37 0.39 0.35 0.28 0.27

FRA:HOM vs TSLA, GM, F: Scaled Net Operating Assets Comparison

For the Auto Manufacturers subindustry, Hong Leong Asia'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.

Hong Leong Asia Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hong Leong Asia's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Hong Leong Asia's Scaled Net Operating Assets falls into.


FRA:HOM
57GF Score
Hong Leong Asia Ltd FRA:HOM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hong Leong Asia 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.

Hong Leong Asia'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 )
=(3367.156-2185.351)/4107.904
=0.29

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4427.558 - 1060.402
=3367.156

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2718.373 - 196.524 - 336.498
=2185.351

Hong Leong Asia's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(3367.156-2185.351)/4389.423
=0.27

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4427.558 - 1060.402
=3367.156

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2718.373 - 196.524 - 336.498
=2185.351

* 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 0.27 mean?
Hong Leong Asia (FRA:HOM) has a Scaled Net Operating Assets of 0.27 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Hong Leong Asia and its competitors.
Is Hong Leong Asia's Scaled Net Operating Assets too high?
Hong Leong Asia's current Scaled Net Operating Assets is 0.27. Overall, Hong Leong Asia has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hong Leong Asia's Scaled Net Operating Assets compare to TSLA and GM?
Hong Leong Asia's Scaled Net Operating Assets of 0.27 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 Hong Leong Asia and its competitors. Hong Leong Asia's current Scaled Net Operating Assets is 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Leong Asia stock overvalued right now?
Based on GuruFocus' analysis, Hong Leong Asia (FRA:HOM) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.66, compared to a current price of €1.73 — trading 162.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.27. Hong Leong Asia's overall GF Score™ is 57/100 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 Hong Leong Asia (FRA:HOM), the current Scaled Net Operating Assets is 0.27 as of Dec. 2025. 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 Hong Leong Asia (FRA:HOM) Overvalued in 2026?

Based on GuruFocus' analysis, Hong Leong Asia stock appears to be overvalued. The current stock price of €1.73 is trading 162.1% above its estimated GF Value™ of €0.66. GuruFocus considers Hong Leong Asia to be Significantly Overvalued.

Key valuation signals for FRA:HOM:

  • Scaled Net Operating Assets: 0.27
  • GF Value™: €0.66 vs. price of €1.73 (162.1% above fair value)
  • GF Score™: 57/100 with 3 warning signs

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

Hong Leong Asia Business Description

Other Exchanges H22:Singapore
Address 16 Raffles Quay, No. 26-00 Hong Leong Building, Singapore, SGP, 048581
Hong Leong Asia Ltd is the industrial manufacturing and distribution division of Hong Leong Group Singapore. It operates as the diversified industrial conglomerate in China and Southeast Asia. Its reportable segments are Powertrain solutions: engines for on-road, off-road, genset and marine applications. and Building materials: cement, precast concrete products, ready-mix concrete and quarry products. Geographically it derives key revenue from China.
57GF Score

Get the complete analysis for FRA:HOM

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

€1.73
Price
€0.66
GF Value