KSH Holdings (FRA:XEUA) Scaled Net Operating Assets: 0.54 (As of Mar. 2026)


FRA:XEUA KSH Holdings Ltd FRA:XEUA
36 GF Score
Price €0.20
GF Value €0.10
! 4 Warning Signs
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What is KSH Holdings Scaled Net Operating Assets?

KSH Holdings FRA:XEUA 36 Scaled Net Operating Assets is 0.54 as of Mar. 2026. GuruFocus rates FRA:XEUA with a GF Score™ of 36/100 and a GF Value™ of €0.10. The stock has 4 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.

KSH Holdings's operating assets for the quarter that ended in Mar. 2026 was €265.3 Mil. KSH Holdings's operating liabilities for the quarter that ended in Mar. 2026 was €88.2 Mil. KSH Holdings's Total Assets for the quarter that ended in Sep. 2025 was €329.7 Mil. Therefore, KSH Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.54.


KSH Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for KSH Holdings'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.

KSH Holdings Scaled Net Operating Assets Chart

KSH Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.82 0.50 0.49 0.50

KSH Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.58 0.48 0.53 0.48 0.54

FRA:XEUA vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, KSH Holdings'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.


KSH Holdings Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, KSH Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:XEUA
36GF Score
KSH Holdings Ltd FRA:XEUA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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KSH Holdings 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.

KSH Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(265.333-88.18)/354.786
=0.50

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=368.747 - 103.414
=265.333

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=161.956 - 35.361 - 38.415
=88.18

KSH Holdings'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: Sep. 2025 )
=(265.333-88.18)/329.702
=0.54

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=368.747 - 103.414
=265.333

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=161.956 - 35.361 - 38.415
=88.18

* 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 0.54 mean?
KSH Holdings (FRA:XEUA) has a Scaled Net Operating Assets of 0.54 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 KSH Holdings and its competitors.
Is KSH Holdings' Scaled Net Operating Assets too high?
KSH Holdings' current Scaled Net Operating Assets is 0.54. Overall, KSH Holdings has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does KSH Holdings' Scaled Net Operating Assets compare to PWR and FIX?
KSH Holdings' Scaled Net Operating Assets of 0.54 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 KSH Holdings and its competitors. KSH Holdings's current Scaled Net Operating Assets is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KSH Holdings stock overvalued right now?
KSH Holdings (FRA:XEUA) has a current Scaled Net Operating Assets of 0.54. The stock's GF Value™ is €0.10, compared to a current price of €0.20 — trading 104% above its estimated fair value. The current Scaled Net Operating Assets is 0.54. KSH Holdings' overall GF Score™ is 36/100 with 4 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 KSH Holdings (FRA:XEUA), the current Scaled Net Operating Assets is 0.54 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 KSH Holdings (FRA:XEUA) Overvalued in 2026?

Based on GuruFocus' analysis, KSH Holdings stock appears to be overvalued. The current stock price of €0.20 is trading 104% above its estimated GF Value™ of €0.10.

Key valuation signals for FRA:XEUA:

  • Scaled Net Operating Assets: 0.54
  • GF Value™: €0.10 vs. price of €0.20 (104% above fair value)
  • GF Score™: 36/100 with 4 warning signs

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


KSH Holdings Business Description

Other Exchanges ER0:Singapore
Address 36 Senoko Road, Singapore, SGP, 758108
KSH Holdings Ltd is an investment holding company. The company's operating segment includes Construction, Property Development, and Others. The construction segment relates to acting as main contractors in construction projects in Singapore, and provision of services mainly to property developers in both the private and public sectors and generates maximum revenue. Geographically, the company derives a majority of its revenue from Singapore. Its project portfolio includes Riverfront Residences, Gaobeidian, The Arcady at Boon Keng and others.
36GF Score

Get the complete analysis for FRA:XEUA

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

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Price
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GF Value