GKE (SGX:595) Scaled Net Operating Assets: 0.68 (As of Nov. 2025)

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What is GKE Scaled Net Operating Assets?

GKE SGX:595 Scaled Net Operating Assets is 0.68 as of Nov. 2025. The stock has 3 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.

GKE's operating assets for the quarter that ended in Nov. 2025 was S$152.4 Mil. GKE's operating liabilities for the quarter that ended in Nov. 2025 was S$28.0 Mil. GKE's Total Assets for the quarter that ended in May. 2025 was S$184.2 Mil. Therefore, GKE's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2025 was 0.68.

GKE Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for GKE'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.

GKE Scaled Net Operating Assets Chart

GKE Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.74 0.66 0.64 0.66

GKE Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 0.66 0.67 0.66 0.68

SGX:595 vs UPS, FDX, JBHT: Scaled Net Operating Assets Comparison

For the Integrated Freight & Logistics subindustry, GKE'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.

GKE Scaled Net Operating Assets vs Transportation Industry

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

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


GKE 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.

GKE's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: May. 2025 )
=(Operating Assets (A: May. 2025 )-Operating Liabilities (A: May. 2025 ))/Total Assets (A: May. 2024 )
=(153.794-30.987)/185.147
=0.66

where

Operating Assets(A: May. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=184.24 - 30.446
=153.794

Operating Liabilities(A: May. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=84.11 - 36.583 - 16.54
=30.987

GKE's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2025 )
=(Operating Assets (Q: Nov. 2025 )-Operating Liabilities (Q: Nov. 2025 ))/Total Assets (Q: May. 2025 )
=(152.402-27.989)/184.24
=0.68

where

Operating Assets(Q: Nov. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=186.96 - 34.558
=152.402

Operating Liabilities(Q: Nov. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=78.574 - 34.784 - 15.801
=27.989

* 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 0.68 mean?
GKE (SGX:595) has a Scaled Net Operating Assets of 0.68 as of Nov. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on GKE and its competitors.
Is GKE's Scaled Net Operating Assets too high?
GKE's current Scaled Net Operating Assets is 0.68.
How does GKE's Scaled Net Operating Assets compare to UPS and FDX?
GKE's Scaled Net Operating Assets of 0.68 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 GKE and its competitors. GKE's current Scaled Net Operating Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GKE stock overvalued right now?
Based on GuruFocus' analysis, GKE (SGX:595) is currently considered Fairly Valued. The stock's GF Value™ is S$0.08, compared to a current price of S$0.08 — trading 5% below its estimated fair value. The current Scaled Net Operating Assets is 0.68. 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 GKE (SGX:595), the current Scaled Net Operating Assets is 0.68 as of Nov. 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.

GKE Business Description

Address 39 Benoi Road, No. 06-01, Singapore, SGP, 627725
GKE Corp Ltd is an investment holding firm. The company, with its subsidiaries, is engaged in providing integrated warehousing and logistics solutions, multi-modal solutions for supply chain management. It is organized in business segments namely, Investment holding; Warehouse and logistics; Infrastructural materials and services and Agriculture. The company generates maximum revenue from the Warehouse and logistics segment.