HYFXF (Hyflux) Scaled Net Operating Assets: 0.39 (As of Sep. 2018)


What is Hyflux Scaled Net Operating Assets?

Hyflux HYFXF -99.00% Scaled Net Operating Assets is 0.39 as of Sep. 2018.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Hyflux's operating assets for the quarter that ended in Sep. 2018 was $1,853.6 Mil. Hyflux's operating liabilities for the quarter that ended in Sep. 2018 was $832.6 Mil. Hyflux's Total Assets for the quarter that ended in Jun. 2018 was $2,646.2 Mil. Therefore, Hyflux's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2018 was 0.39.

Hyflux Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Hyflux'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.

Hyflux Scaled Net Operating Assets Chart

Hyflux Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.81 0.83 0.93 0.62

Hyflux Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.68 0.61 0.66 0.65 0.39

HYFXF vs PICO, CWCO, GWRS: Scaled Net Operating Assets Comparison

For the Utilities - Regulated Water subindustry, Hyflux'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.

Hyflux Scaled Net Operating Assets vs Utilities - Regulated Industry

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

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


Hyflux 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.

Hyflux's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2017 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2017 )
=(Operating Assets (A: Dec. 2017 )-Operating Liabilities (A: Dec. 2017 ))/Total Assets (A: Dec. 2016 )
=(2480.357-831.976)/2676.141
=0.62

where

Operating Assets(A: Dec. 2017 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2713.731 - 233.374
=2480.357

Operating Liabilities(A: Dec. 2017 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1965.282 - 871.486 - 261.82
=831.976

Hyflux's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2018 )
=(Operating Assets (Q: Sep. 2018 )-Operating Liabilities (Q: Sep. 2018 ))/Total Assets (Q: Jun. 2018 )
=(1853.572-832.567)/2646.243
=0.39

where

Operating Assets(Q: Sep. 2018 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1877.616 - 24.044
=1853.572

Operating Liabilities(Q: Sep. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1976.823 - 773.594 - 370.662
=832.567

* 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 0.39 mean?
Hyflux (HYFXF) has a Scaled Net Operating Assets of 0.39 as of Sep. 2018. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Hyflux and its competitors.
Is Hyflux's Scaled Net Operating Assets too high?
Hyflux's current Scaled Net Operating Assets is 0.39.
How does Hyflux's Scaled Net Operating Assets compare to PICO and CWCO?
Hyflux's Scaled Net Operating Assets of 0.39 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 Hyflux and its competitors. Hyflux's current Scaled Net Operating Assets is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hyflux stock overvalued right now?
Hyflux (HYFXF) has a current Scaled Net Operating Assets of 0.39. The current Scaled Net Operating Assets is 0.39. 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 Hyflux (HYFXF), the current Scaled Net Operating Assets is 0.39 as of Sep. 2018. 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.

Hyflux Business Description

Address 80 Bendemeer Road, Hyflux Innovation Centre, Singapore, SGP, 339949
Hyflux Ltd is a water treatment specialist providing integrated treatment systems for water treatment and membrane filtration. It also provides one-stop shop service for the design, fabrication, installation, commissioning and maintenance of treatment systems for water purification, wastewater treatment and water recycling. In the specialised field of membrane processing, the company utilises membrane filtration technologies that have found diverse applications across industries such as electronics, pharmaceuticals and biotechnology. Its projects and customers are in Singapore, China and Malaysia.