Forest Products Export of Quang Nam JSC (HSTC:FRC) Scaled Net Operating Assets: 0.43 (As of Dec. 2025)

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HSTC:FRC Forest Products Export of Quang Nam JSC HSTC:FRC
59 GF Score
Price ₫25,000.00
GF Value ₫16,903.80
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Forest Products Export of Quang Nam JSC Scaled Net Operating Assets?

Forest Products Export of Quang Nam JSC HSTC:FRC 59 Scaled Net Operating Assets is 0.43 as of Dec. 2025. GuruFocus rates HSTC:FRC with a GF Score™ of 59/100 and a GF Value™ of ₫16,903.80 (Significantly Overvalued). The stock has 9 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.

Forest Products Export of Quang Nam JSC's operating assets for the quarter that ended in Dec. 2025 was ₫152,359 Mil. Forest Products Export of Quang Nam JSC's operating liabilities for the quarter that ended in Dec. 2025 was ₫41,566 Mil. Forest Products Export of Quang Nam JSC's Total Assets for the quarter that ended in Dec. 2024 was ₫260,404 Mil. Therefore, Forest Products Export of Quang Nam JSC's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.43.


Forest Products Export of Quang Nam JSC Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Forest Products Export of Quang Nam JSC'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.

Forest Products Export of Quang Nam JSC Scaled Net Operating Assets Chart

Forest Products Export of Quang Nam JSC Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.64 0.52 0.32 0.47 0.43

Forest Products Export of Quang Nam JSC Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only 0.64 0.52 0.32 0.47 0.43

HSTC:FRC vs SN, SGI, MHK: Scaled Net Operating Assets Comparison

For the Furnishings, Fixtures & Appliances subindustry, Forest Products Export of Quang Nam JSC'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.


Forest Products Export of Quang Nam JSC Scaled Net Operating Assets vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Forest Products Export of Quang Nam JSC's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Forest Products Export of Quang Nam JSC's Scaled Net Operating Assets falls into.


HSTC:FRC
59GF Score
Forest Products Export of Quang Nam JSC HSTC:FRC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forest Products Export of Quang Nam JSC 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.

Forest Products Export of Quang Nam JSC'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 )
=(152358.856-41565.828)/260404.112
=0.43

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=326565.548 - 174206.692
=152358.856

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=157066.667 - 0 - 115500.839
=41565.828

Forest Products Export of Quang Nam JSC'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: Dec. 2024 )
=(152358.856-41565.828)/260404.112
=0.43

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=326565.548 - 174206.692
=152358.856

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=157066.667 - 0 - 115500.839
=41565.828

* 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 0.43 mean?
Forest Products Export of Quang Nam JSC (HSTC:FRC) has a Scaled Net Operating Assets of 0.43 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 Forest Products Export of Quang Nam JSC and its competitors.
Is Forest Products Export of Quang Nam JSC's Scaled Net Operating Assets too high?
Forest Products Export of Quang Nam JSC's current Scaled Net Operating Assets is 0.43. Overall, Forest Products Export of Quang Nam JSC has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forest Products Export of Quang Nam JSC's Scaled Net Operating Assets compare to SN and SGI?
Forest Products Export of Quang Nam JSC's Scaled Net Operating Assets of 0.43 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Scaled Net Operating Assets depends on the Furnishings, Fixtures & Appliances 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 Forest Products Export of Quang Nam JSC and its competitors. Forest Products Export of Quang Nam JSC's current Scaled Net Operating Assets is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forest Products Export of Quang Nam JSC stock overvalued right now?
Based on GuruFocus' analysis, Forest Products Export of Quang Nam JSC (HSTC:FRC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫16,903.80, compared to a current price of ₫25,000.00 — trading 47.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.43. Forest Products Export of Quang Nam JSC's overall GF Score™ is 59/100 with 9 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 Forest Products Export of Quang Nam JSC (HSTC:FRC), the current Scaled Net Operating Assets is 0.43 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 Forest Products Export of Quang Nam JSC (HSTC:FRC) Overvalued in 2026?

Based on GuruFocus' analysis, Forest Products Export of Quang Nam JSC stock appears to be overvalued. The current stock price of ₫25,000.00 is trading 47.9% above its estimated GF Value™ of ₫16,903.80. GuruFocus considers Forest Products Export of Quang Nam JSC to be Significantly Overvalued.

Key valuation signals for HSTC:FRC:

  • Scaled Net Operating Assets: 0.43
  • GF Value™: ₫16,903.80 vs. price of ₫25,000.00 (47.9% above fair value)
  • GF Score™: 59/100 with 9 warning signs

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


Forest Products Export of Quang Nam JSC Business Description

Address 210 Tran Hung Dao Street, Dien Ngoc Ward, Dien Ban Town, Quang Nam, VNM
Forest Products Export of Quang Nam JSC specializing in manufacturing outdoor and indoor furniture in Vietnam. Its products include Bench with central table; Folding Armchair; Position Chair; Bar Chair and Other.
59GF Score

Get the complete analysis for HSTC:FRC

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

₫25,000.00
Price
₫16,903.80
GF Value