Alset International (SGX:40V) Scaled Net Operating Assets: 0.26 (As of Dec. 2025)

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What is Alset International Scaled Net Operating Assets?

Alset International SGX:40V Scaled Net Operating Assets is 0.26 as of Dec. 2025. The stock has 4 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.

Alset International's operating assets for the quarter that ended in Dec. 2025 was S$34.35 Mil. Alset International's operating liabilities for the quarter that ended in Dec. 2025 was S$12.68 Mil. Alset International's Total Assets for the quarter that ended in Jun. 2025 was S$81.79 Mil. Therefore, Alset International's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.26.


Alset International Scaled Net Operating Assets Historical Data

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The historical data trend for Alset International'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.

Alset International Scaled Net Operating Assets Chart

Alset International 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 0.39 0.37 0.41 0.47 0.23

Alset International Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.44 0.54 0.48 0.46 0.27

Alset International Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Development subindustry, Alset International'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.


Alset International Scaled Net Operating Assets vs Real Estate Industry

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

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



Alset International 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.

Alset International'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 )
=(34.349-12.68)/93.785
=0.23

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=77.198 - 42.849
=34.349

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13.366 - 0.268 - 0.418
=12.68

Alset International'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: Jun. 2025 )
=(34.349-12.68)/81.79
=0.26

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=77.198 - 42.849
=34.349

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13.366 - 0.268 - 0.418
=12.68

* 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 0.26 mean?
Alset International (SGX:40V) has a Scaled Net Operating Assets of 0.26 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 Alset International and its competitors.
Is Alset International's Scaled Net Operating Assets too high?
Alset International's current Scaled Net Operating Assets is 0.26.
How does Alset International's Scaled Net Operating Assets compare to competitors?
Alset International's Scaled Net Operating Assets of 0.26 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 Alset International and its competitors. Alset International's current Scaled Net Operating Assets is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alset International stock overvalued right now?
Alset International (SGX:40V) has a current Scaled Net Operating Assets of 0.26. The current Scaled Net Operating Assets is 0.26. 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 Alset International (SGX:40V), the current Scaled Net Operating Assets is 0.26 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.

Alset International Business Description

Address 9 Temasek Boulevard, No. 16-04 Suntec Tower Two, Singapore, SGP, 038989
Alset International Ltd is an investment holding company. The company operates through segments namely, Property Development, Investment Business, and Food and beverage sales. The company generates maximum revenue from the Food and beverage sales segment. The property development segment includes acting as a developer for property projects and investing in property development projects.