WS-SK Target Group (HKSE:08427) Scaled Net Operating Assets: 0.38 (As of Nov. 2025)

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HKSE:08427 WS-SK Target Group Ltd HKSE:08427
60 GF Score
Price HK$4.00
GF Value HK$3.39
Valuation Modestly Overvalued
! 2 Warning Signs
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What is WS-SK Target Group Scaled Net Operating Assets?

WS-SK Target Group HKSE:08427 60 Scaled Net Operating Assets is 0.38 as of Nov. 2025. GuruFocus rates HKSE:08427 with a GF Score™ of 60/100 and a GF Value™ of HK$3.39 (Modestly Overvalued). The stock has 2 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.

WS-SK Target Group's operating assets for the quarter that ended in Nov. 2025 was HK$57.08 Mil. WS-SK Target Group's operating liabilities for the quarter that ended in Nov. 2025 was HK$19.14 Mil. WS-SK Target Group's Total Assets for the quarter that ended in May. 2025 was HK$100.89 Mil. Therefore, WS-SK Target Group's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2025 was 0.38.


WS-SK Target Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for WS-SK Target Group'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.

WS-SK Target Group Scaled Net Operating Assets Chart

WS-SK Target Group Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.26 0.27 0.22 0.46

WS-SK Target Group Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 0.27 0.24 0.36 0.44 0.38

HKSE:08427 vs CRH, VMC, MLM: Scaled Net Operating Assets Comparison

For the Building Materials subindustry, WS-SK Target Group'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.


WS-SK Target Group Scaled Net Operating Assets vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, WS-SK Target Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where WS-SK Target Group's Scaled Net Operating Assets falls into.


HKSE:08427
60GF Score
WS-SK Target Group Ltd HKSE:08427
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WS-SK Target Group 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.

WS-SK Target Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: May. 2025 )
=(Operating Assets (A: May. 2025 )-Operating Liabilities (A: May. 2025 ))/Total Assets (A: May. 2024 )
=(59.319-20.878)/83.832
=0.46

where

Operating Assets(A: May. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=100.892 - 41.573
=59.319

Operating Liabilities(A: May. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=33.754 - 11.429 - 1.447
=20.878

WS-SK Target Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2025 )
=(Operating Assets (Q: Nov. 2025 )-Operating Liabilities (Q: Nov. 2025 ))/Total Assets (Q: May. 2025 )
=(57.077-19.135)/100.892
=0.38

where

Operating Assets(Q: Nov. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=100.856 - 43.779
=57.077

Operating Liabilities(Q: Nov. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30.956 - 11.151 - 0.67
=19.135

* 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 0.38 mean?
WS-SK Target Group (HKSE:08427) has a Scaled Net Operating Assets of 0.38 as of Nov. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on WS-SK Target Group and its competitors.
Is WS-SK Target Group's Scaled Net Operating Assets too high?
WS-SK Target Group's current Scaled Net Operating Assets is 0.38. Overall, WS-SK Target Group has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WS-SK Target Group's Scaled Net Operating Assets compare to CRH and VMC?
WS-SK Target Group's Scaled Net Operating Assets of 0.38 can be compared against companies in the Building Materials 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 Building Materials company?
A good Scaled Net Operating Assets depends on the Building Materials 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 WS-SK Target Group and its competitors. WS-SK Target Group's current Scaled Net Operating Assets is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WS-SK Target Group stock overvalued right now?
Based on GuruFocus' analysis, WS-SK Target Group (HKSE:08427) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$3.39, compared to a current price of HK$4.00 — trading 18% above its estimated fair value. The current Scaled Net Operating Assets is 0.38. WS-SK Target Group's overall GF Score™ is 60/100 with 2 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 WS-SK Target Group (HKSE:08427), the current Scaled Net Operating Assets is 0.38 as of Nov. 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 WS-SK Target Group (HKSE:08427) Overvalued in 2026?

Based on GuruFocus' analysis, WS-SK Target Group stock appears to be overvalued. The current stock price of HK$4.00 is trading 18% above its estimated GF Value™ of HK$3.39. GuruFocus considers WS-SK Target Group to be Modestly Overvalued.

Key valuation signals for HKSE:08427:

  • Scaled Net Operating Assets: 0.38
  • GF Value™: HK$3.39 vs. price of HK$4.00 (18% above fair value)
  • GF Score™: 60/100 with 2 warning signs

No single metric tells the full story. See the HKSE:08427 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WS-SK Target Group Business Description

Address No. 18, Jalan LP 2A/2, Taman Lestari Perdana, Darul Ehsan, Seri Kembangan, SGR, MYS, 43300
WS-SK Target Group Ltd is an investment holding company engaged in the manufacturing and trading of precast concrete junction boxes. The company has three segments: Manufacturing and trading, which involves manufacturing and trading of precast concrete junction boxes; Other building materials and services, which involves trading of accessories and pipes and provision of mobile crane rental and ancillary services; and E-Commerce platform, which involves sourcing and sales of products online. Geographically, it derives a majority of revenue from Malaysia.
60GF Score

Get the complete analysis for HKSE:08427

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

HK$4.00
Price
HK$3.39
GF Value