Travelite Holdings (SGX:BCZ) Scaled Net Operating Assets: 0.44 (As of Mar. 2026)


SGX:BCZ Travelite Holdings Ltd SGX:BCZ
38 GF Score
Price S$0.11
GF Value S$0.09
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Travelite Holdings Scaled Net Operating Assets?

Travelite Holdings SGX:BCZ 38 Scaled Net Operating Assets is 0.44 as of Mar. 2026. GuruFocus rates SGX:BCZ with a GF Score™ of 38/100 and a GF Value™ of S$0.09 (Modestly 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.

Travelite Holdings's operating assets for the quarter that ended in Mar. 2026 was S$52.71 Mil. Travelite Holdings's operating liabilities for the quarter that ended in Mar. 2026 was S$25.88 Mil. Travelite Holdings's Total Assets for the quarter that ended in Sep. 2025 was S$60.68 Mil. Therefore, Travelite Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.44.


Travelite Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Travelite Holdings'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.

Travelite Holdings Scaled Net Operating Assets Chart

Travelite Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.67 0.71 0.76 0.40

Travelite Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.70 0.76 0.76 0.76 0.44

SGX:BCZ vs DDS, M: Scaled Net Operating Assets Comparison

For the Department Stores subindustry, Travelite Holdings'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.


Travelite Holdings Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Travelite Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


SGX:BCZ
38GF Score
Travelite Holdings Ltd SGX:BCZ
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Travelite Holdings 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.

Travelite Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(52.714-25.884)/66.426
=0.40

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=59.09 - 6.376
=52.714

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=34.915 - 2.357 - 6.674
=25.884

Travelite Holdings'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: Sep. 2025 )
=(52.714-25.884)/60.682
=0.44

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=59.09 - 6.376
=52.714

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=34.915 - 2.357 - 6.674
=25.884

* 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 0.44 mean?
Travelite Holdings (SGX:BCZ) has a Scaled Net Operating Assets of 0.44 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 Travelite Holdings and its competitors.
Is Travelite Holdings' Scaled Net Operating Assets too high?
Travelite Holdings' current Scaled Net Operating Assets is 0.44. Overall, Travelite Holdings has a GF Score™ of 38/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Travelite Holdings' Scaled Net Operating Assets compare to DDS and M?
Travelite Holdings' Scaled Net Operating Assets of 0.44 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 Travelite Holdings and its competitors. Travelite Holdings's current Scaled Net Operating Assets is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Travelite Holdings stock overvalued right now?
Based on GuruFocus' analysis, Travelite Holdings (SGX:BCZ) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.09, compared to a current price of S$0.11 — trading 21.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.44. Travelite Holdings' overall GF Score™ is 38/100 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 Travelite Holdings (SGX:BCZ), the current Scaled Net Operating Assets is 0.44 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 Travelite Holdings (SGX:BCZ) Overvalued in 2026?

Based on GuruFocus' analysis, Travelite Holdings stock appears to be overvalued. The current stock price of S$0.11 is trading 21.1% above its estimated GF Value™ of S$0.09. GuruFocus considers Travelite Holdings to be Modestly Overvalued.

Key valuation signals for SGX:BCZ:

  • Scaled Net Operating Assets: 0.44
  • GF Value™: S$0.09 vs. price of S$0.11 (21.1% above fair value)
  • GF Score™: 38/100 with 4 warning signs

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


Travelite Holdings Business Description

Address 53 Ubi Avenue 3, Travelite Building, Singapore, SGP, 408863
Travelite Holdings Ltd deals in luggage bags, traveling accessories, travel bags, small leather goods, garments and related products, handbags and related products, fashion apparel and related products, knit wears, wallets, and all types of leather goods. The group's operating businesses are organized by distribution channels such as Departmental stores, Specialty stores, Third-party retailers, Wholesale distribution, and Gift and corporate sales. It derives a majority of its revenue from the Departmental stores segment, which includes departmental store operators in Singapore and Malaysia. Geographically, it operates in Singapore, its key revenue-generating market; Malaysia, Indonesia, Cambodia, and other regions.
38GF Score

Get the complete analysis for SGX:BCZ

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

S$0.11
Price
S$0.09
GF Value