Harbor Star Shipping Services (PHS:TUGS) Scaled Net Operating Assets: 0.76 (As of Mar. 2026)


PHS:TUGS Harbor Star Shipping Services Inc PHS:TUGS
56 GF Score
Price ₱0.84
GF Value ₱0.61
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Harbor Star Shipping Services Scaled Net Operating Assets?

Harbor Star Shipping Services PHS:TUGS +2.44% 56 Scaled Net Operating Assets is 0.76 as of Mar. 2026. GuruFocus rates PHS:TUGS with a GF Score™ of 56/100 and a GF Value™ of ₱0.61 (Significantly Overvalued). The stock has 7 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.

Harbor Star Shipping Services's operating assets for the quarter that ended in Mar. 2026 was ₱6,922 Mil. Harbor Star Shipping Services's operating liabilities for the quarter that ended in Mar. 2026 was ₱1,383 Mil. Harbor Star Shipping Services's Total Assets for the quarter that ended in Dec. 2025 was ₱7,243 Mil. Therefore, Harbor Star Shipping Services's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.76.


Harbor Star Shipping Services Scaled Net Operating Assets Historical Data

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The historical data trend for Harbor Star Shipping Services'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.

Harbor Star Shipping Services Scaled Net Operating Assets Chart

Harbor Star Shipping Services 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 0.87 0.86 0.79 0.74 0.75

Harbor Star Shipping Services 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 0.73 0.72 0.72 0.74 0.77

Harbor Star Shipping Services Scaled Net Operating Assets Competitor Comparison

For the Marine Shipping subindustry, Harbor Star Shipping Services'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.


Harbor Star Shipping Services Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, Harbor Star Shipping Services's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Harbor Star Shipping Services's Scaled Net Operating Assets falls into.


PHS:TUGS
56GF Score
Harbor Star Shipping Services Inc PHS:TUGS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Harbor Star Shipping Services 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.

Harbor Star Shipping Services'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 )
=(6893.399-1391.56)/7336.974
=0.75

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7242.55 - 349.151
=6893.399

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4828.899 - 1148.806 - 2288.533
=1391.56

Harbor Star Shipping Services'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 )
=(6922.131-1383.239)/7242.55
=0.76

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7172.777 - 250.646
=6922.131

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4719.184 - 1156.936 - 2179.009
=1383.239

* 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 0.76 mean?
Harbor Star Shipping Services (PHS:TUGS) has a Scaled Net Operating Assets of 0.76 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 Harbor Star Shipping Services and its competitors.
Is Harbor Star Shipping Services' Scaled Net Operating Assets too high?
Harbor Star Shipping Services' current Scaled Net Operating Assets is 0.76. Overall, Harbor Star Shipping Services has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harbor Star Shipping Services' Scaled Net Operating Assets compare to competitors?
Harbor Star Shipping Services' Scaled Net Operating Assets of 0.76 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 Harbor Star Shipping Services and its competitors. Harbor Star Shipping Services's current Scaled Net Operating Assets is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbor Star Shipping Services stock overvalued right now?
Based on GuruFocus' analysis, Harbor Star Shipping Services (PHS:TUGS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱0.61, compared to a current price of ₱0.84 — trading 37.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.76. Harbor Star Shipping Services' overall GF Score™ is 56/100 with 7 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 Harbor Star Shipping Services (PHS:TUGS), the current Scaled Net Operating Assets is 0.76 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 Harbor Star Shipping Services (PHS:TUGS) Overvalued in 2026?

Based on GuruFocus' analysis, Harbor Star Shipping Services stock appears to be overvalued. The current stock price of ₱0.84 is trading 37.7% above its estimated GF Value™ of ₱0.61. GuruFocus considers Harbor Star Shipping Services to be Significantly Overvalued.

Key valuation signals for PHS:TUGS:

  • Scaled Net Operating Assets: 0.76
  • GF Value™: ₱0.61 vs. price of ₱0.84 (37.7% above fair value)
  • GF Score™: 56/100 with 7 warning signs

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


Harbor Star Shipping Services Business Description

Address 2224 A. Bonifacio Street corner Pres. Sergio Osmena Highway, Bangkal, Makati, PHL, 1233
Harbor Star Shipping Services Inc is an integrated maritime service provider. The service lines include harbor assistance, lighterage, towing, ship salvage, marine construction, repair, and maintenance works, wreck removal, firefighting, oil spill abatement and recovery, handling hazardous chemicals, ship and crew management, diving, and underwater marine works. Other marine services include oil and chemical spill response, diving and underwater work, and ship and crew management. The company operates in two segments: Harbor assistance and Renewable energy. It generates maximum revenue from the Harbor assistance segment.
56GF Score

Get the complete analysis for PHS:TUGS

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

₱0.84
Price
₱0.61
GF Value