LDHOF (Land and Houses PCL) Scaled Net Operating Assets: 0.87 (As of Mar. 2026)


LDHOF Land and Houses PCL LDHOF
74 GF Score
Price $0.20
GF Value $0.25
! 10 Warning Signs
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What is Land and Houses PCL Scaled Net Operating Assets?

Land and Houses PCL LDHOF 74 Scaled Net Operating Assets is 0.87 as of Mar. 2026. GuruFocus rates LDHOF with a GF Score™ of 74/100 and a GF Value™ of $0.25. The stock has 10 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.

Land and Houses PCL's operating assets for the quarter that ended in Mar. 2026 was $4,186.2 Mil. Land and Houses PCL's operating liabilities for the quarter that ended in Mar. 2026 was $282.2 Mil. Land and Houses PCL's Total Assets for the quarter that ended in Dec. 2025 was $4,465.6 Mil. Therefore, Land and Houses PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.87.


Land and Houses PCL Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Land and Houses PCL'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.

Land and Houses PCL Scaled Net Operating Assets Chart

Land and Houses PCL 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 0.78 0.85 0.95 1.02 0.94

Land and Houses PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.93 0.90 0.91 0.89 0.87

Land and Houses PCL Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Development subindustry, Land and Houses PCL'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.


Land and Houses PCL Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Land and Houses PCL's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Land and Houses PCL's Scaled Net Operating Assets falls into.


LDHOF
74GF Score
Land and Houses PCL LDHOF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Land and Houses PCL 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.

Land and Houses PCL'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 )
=(4261.951-281.314)/4230.985
=0.94

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4465.63 - 203.679
=4261.951

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2798.819 - 1567.262 - 950.243
=281.314

Land and Houses PCL'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: Dec. 2025 )
=(4186.182-282.15)/4465.63
=0.87

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4377.401 - 191.219
=4186.182

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2735.869 - 1531.612 - 922.107
=282.15

* 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 0.87 mean?
Land and Houses PCL (LDHOF) has a Scaled Net Operating Assets of 0.87 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 Land and Houses PCL and its competitors.
Is Land and Houses PCL's Scaled Net Operating Assets too high?
Land and Houses PCL's current Scaled Net Operating Assets is 0.87. Overall, Land and Houses PCL has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Land and Houses PCL's Scaled Net Operating Assets compare to competitors?
Land and Houses PCL's Scaled Net Operating Assets of 0.87 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Land and Houses PCL and its competitors. Land and Houses PCL's current Scaled Net Operating Assets is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Land and Houses PCL stock overvalued right now?
Land and Houses PCL (LDHOF) has a current Scaled Net Operating Assets of 0.87. The stock's GF Value™ is $0.25, compared to a current price of $0.20 — trading 20% below its estimated fair value. The current Scaled Net Operating Assets is 0.87. Land and Houses PCL's overall GF Score™ is 74/100 with 10 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 Land and Houses PCL (LDHOF), the current Scaled Net Operating Assets is 0.87 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 Land and Houses PCL (LDHOF) Overvalued in 2026?

Based on GuruFocus' analysis, Land and Houses PCL stock appears to be undervalued. The current stock price of $0.20 is trading 20% below its estimated GF Value™ of $0.25.

Key valuation signals for LDHOF:

  • Scaled Net Operating Assets: 0.87
  • GF Value™: $0.25 vs. price of $0.20 (20% below fair value)
  • GF Score™: 74/100 with 10 warning signs

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


Land and Houses PCL Business Description

Address No. 1, South Sathon Road, 37-38 Floor, Q. House Lumpini Building, Kwaeng Tungmahamek, Khet Sathon, Bangkok, THA, 10120
Land and Houses PCL is a residential property development company in Thailand. The company focuses on developing single-detached houses. It also develops townhouses and condominiums. It has two reportable segments: the Real Estate Business Segment and the Rental and Service Business Segment. Geographically, the business activities of the group are seen in Thailand and the USA, of which the Thailand region accounts for the majority of revenue.
74GF Score

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

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