Koyo International (SGX:5OC) Scaled Net Operating Assets: 0.26 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Koyo International Scaled Net Operating Assets?

Koyo International SGX:5OC -16.67% Scaled Net Operating Assets is 0.26 as of Dec. 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.

Koyo International's operating assets for the quarter that ended in Dec. 2025 was S$66.5 Mil. Koyo International's operating liabilities for the quarter that ended in Dec. 2025 was S$51.4 Mil. Koyo International's Total Assets for the quarter that ended in Jun. 2025 was S$58.2 Mil. Therefore, Koyo International's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.26.


Koyo International Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Koyo 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.

Koyo International Scaled Net Operating Assets Chart

Koyo 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 0.36 0.30 0.51 0.66 0.32

Koyo 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 0.51 0.38 0.72 0.38 0.26

SGX:5OC vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, Koyo 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.


Koyo International Scaled Net Operating Assets vs Construction Industry

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

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



Koyo 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.

Koyo 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 )
=(66.511-51.402)/46.926
=0.32

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=83.984 - 17.473
=66.511

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=61.041 - 0.985 - 8.654
=51.402

Koyo 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 )
=(66.511-51.402)/58.185
=0.26

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=83.984 - 17.473
=66.511

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=61.041 - 0.985 - 8.654
=51.402

* 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?
Koyo International (SGX:5OC) 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 Koyo International and its competitors.
Is Koyo International's Scaled Net Operating Assets too high?
Koyo International's current Scaled Net Operating Assets is 0.26.
How does Koyo International's Scaled Net Operating Assets compare to PWR and FIX?
Koyo International's Scaled Net Operating Assets of 0.26 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Koyo International and its competitors. Koyo 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 Koyo International stock overvalued right now?
Based on GuruFocus' analysis, Koyo International (SGX:5OC) is currently considered Significantly Undervalued. The stock's GF Value™ is S$0.12, compared to a current price of S$0.06 — trading 54.2% below its estimated fair value. 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 Koyo International (SGX:5OC), 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.

Koyo International Business Description

Address 33 Ubi Avenue 3, Number 02-16, Singapore, SGP, 408868
Koyo International Ltd is a Singapore-based investment holding company and is involved in the business of providing integrated mechanical and electrical engineering (M&E) services. The operating segments of the group are Mechanical Engineering, which designs and installs air-conditioning & mechanical ventilation, plumbing & sanitary installation, fire prevention, and protection systems as well as integrated systems; Electrical Engineering segment designs and install high & low tension electrical distribution systems, as well as communications, audio-visual, and securities systems; and Facilities Management segment provide maintenance, repair & replacement services for commercial buildings, hotels, schools, and university, and Investment holding segment.