Asia Enterprises Holding (SGX:A55) Scaled Net Operating Assets: 0.42 (As of Jun. 2026)

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SGX:A55 Asia Enterprises Holding Ltd SGX:A55
36 GF Score
Price S$0.13
GF Value S$0.06
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Asia Enterprises Holding Scaled Net Operating Assets?

Asia Enterprises Holding SGX:A55 36 Scaled Net Operating Assets is 0.42 as of Jun. 2026. GuruFocus rates SGX:A55 with a GF Score™ of 36/100 and a GF Value™ of S$0.06 (Significantly Overvalued). 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.

Asia Enterprises Holding's operating assets for the quarter that ended in Jun. 2026 was S$51.05 Mil. Asia Enterprises Holding's operating liabilities for the quarter that ended in Jun. 2026 was S$3.81 Mil. Asia Enterprises Holding's Total Assets for the quarter that ended in Dec. 2025 was S$112.75 Mil. Therefore, Asia Enterprises Holding's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.42.


Asia Enterprises Holding Scaled Net Operating Assets Historical Data

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The historical data trend for Asia Enterprises Holding'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.

Asia Enterprises Holding Scaled Net Operating Assets Chart

Asia Enterprises Holding 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 0.51 0.58 0.52 0.43 0.42

Asia Enterprises Holding Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.49 0.45 0.47 0.41 0.42

SGX:A55 vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, Asia Enterprises Holding'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.


Asia Enterprises Holding Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, Asia Enterprises Holding's Scaled Net Operating Assets distribution charts can be found below:

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


SGX:A55
36GF Score
Asia Enterprises Holding Ltd SGX:A55
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia Enterprises Holding 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.

Asia Enterprises Holding'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 )
=(50.297-3.771)/110.005
=0.42

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=112.754 - 62.457
=50.297

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12.241 - 7.848 - 0.622
=3.771

Asia Enterprises Holding's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Dec. 2025 )
=(51.047-3.809)/112.754
=0.42

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=111.889 - 60.842
=51.047

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12.147 - 7.689 - 0.649
=3.809

* 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 0.42 mean?
Asia Enterprises Holding (SGX:A55) has a Scaled Net Operating Assets of 0.42 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Asia Enterprises Holding and its competitors.
Is Asia Enterprises Holding's Scaled Net Operating Assets too high?
Asia Enterprises Holding's current Scaled Net Operating Assets is 0.42. Overall, Asia Enterprises Holding has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Enterprises Holding's Scaled Net Operating Assets compare to NUE and STLD?
Asia Enterprises Holding's Scaled Net Operating Assets of 0.42 can be compared against companies in the Steel 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 Steel company?
A good Scaled Net Operating Assets depends on the Steel 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 Asia Enterprises Holding and its competitors. Asia Enterprises Holding's current Scaled Net Operating Assets is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Enterprises Holding stock overvalued right now?
Based on GuruFocus' analysis, Asia Enterprises Holding (SGX:A55) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.06, compared to a current price of S$0.13 — trading 116.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.42. Asia Enterprises Holding's overall GF Score™ is 36/100 with 4 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 Asia Enterprises Holding (SGX:A55), the current Scaled Net Operating Assets is 0.42 as of Jun. 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 Asia Enterprises Holding (SGX:A55) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Enterprises Holding stock appears to be overvalued. The current stock price of S$0.13 is trading 116.7% above its estimated GF Value™ of S$0.06. GuruFocus considers Asia Enterprises Holding to be Significantly Overvalued.

Key valuation signals for SGX:A55:

  • Scaled Net Operating Assets: 0.42
  • GF Value™: S$0.06 vs. price of S$0.13 (116.7% above fair value)
  • GF Score™: 36/100 with 4 warning signs

No single metric tells the full story. See the SGX:A55 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia Enterprises Holding Business Description

Address 3 Pioneer Sector Walk, Singapore, SGP, 627897
Asia Enterprises Holding Ltd is an investment holding firm. Along with its subsidiaries, it is engaged in the distribution of steel products to industrial end users. The company operates through three segments namely, Steel distribution comprises of procuring, distributing, and trading of steel products; the Provision of steel processing segment is involved in the processing of steel materials for sale, and the corporate segment is engaged in investment and management activities. The majority of its revenue is earned from the Steel distribution segment. Geographically, it derives the majority revenue from the Singapore market, while it also has a presence in Indonesia, Malaysia, and other countries.
36GF Score

Get the complete analysis for SGX:A55

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

S$0.13
Price
S$0.06
GF Value