Advanced Holdings (SGX:BLZ) Scaled Net Operating Assets: 0.21 (As of Dec. 2025)

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SGX:BLZ Advanced Holdings Ltd SGX:BLZ
23 GF Score
Price S$0.14
GF Value S$0.10
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Advanced Holdings Scaled Net Operating Assets?

Advanced Holdings SGX:BLZ 23 Scaled Net Operating Assets is 0.21 as of Dec. 2025. GuruFocus rates SGX:BLZ with a GF Score™ of 23/100 and a GF Value™ of S$0.10 (Significantly Overvalued). The stock has 5 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.

Advanced Holdings's operating assets for the quarter that ended in Dec. 2025 was S$8.38 Mil. Advanced Holdings's operating liabilities for the quarter that ended in Dec. 2025 was S$0.88 Mil. Advanced Holdings's Total Assets for the quarter that ended in Jun. 2025 was S$35.40 Mil. Therefore, Advanced Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.21.


Advanced Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Advanced 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.

Advanced Holdings Scaled Net Operating Assets Chart

Advanced Holdings 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 0.45 0.21 0.20 0.25 0.20

Advanced Holdings 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 0.19 0.24 0.25 0.25 0.21

SGX:BLZ vs SLB, BKR, FTI: Scaled Net Operating Assets Comparison

For the Oil & Gas Equipment & Services subindustry, Advanced 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.


Advanced Holdings Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Advanced Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


SGX:BLZ
23GF Score
Advanced Holdings Ltd SGX:BLZ
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advanced 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.

Advanced Holdings'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 )
=(8.379-0.883)/38.349
=0.20

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=31.858 - 23.479
=8.379

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6.026 - 4.658 - 0.485
=0.883

Advanced Holdings'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 )
=(8.379-0.883)/35.399
=0.21

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=31.858 - 23.479
=8.379

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6.026 - 4.658 - 0.485
=0.883

* 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 0.21 mean?
Advanced Holdings (SGX:BLZ) has a Scaled Net Operating Assets of 0.21 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 Advanced Holdings and its competitors.
Is Advanced Holdings' Scaled Net Operating Assets too high?
Advanced Holdings' current Scaled Net Operating Assets is 0.21. Overall, Advanced Holdings has a GF Score™ of 23/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advanced Holdings' Scaled Net Operating Assets compare to SLB and BKR?
Advanced Holdings' Scaled Net Operating Assets of 0.21 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas 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 Advanced Holdings and its competitors. Advanced Holdings's current Scaled Net Operating Assets is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Holdings stock overvalued right now?
Based on GuruFocus' analysis, Advanced Holdings (SGX:BLZ) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.10, compared to a current price of S$0.14 — trading 36% above its estimated fair value. The current Scaled Net Operating Assets is 0.21. Advanced Holdings' overall GF Score™ is 23/100 with 5 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 Advanced Holdings (SGX:BLZ), the current Scaled Net Operating Assets is 0.21 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.

Is Advanced Holdings (SGX:BLZ) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced Holdings stock appears to be overvalued. The current stock price of S$0.14 is trading 36% above its estimated GF Value™ of S$0.10. GuruFocus considers Advanced Holdings to be Significantly Overvalued.

Key valuation signals for SGX:BLZ:

  • Scaled Net Operating Assets: 0.21
  • GF Value™: S$0.10 vs. price of S$0.14 (36% above fair value)
  • GF Score™: 23/100 with 5 warning signs

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


Advanced Holdings Business Description

Industry EnergyOil & Gas
Address 21 Woodlands Close, 06-23 Primz Bizhub, Singapore, SGP, 737854
Advanced Holdings Ltd is a Singapore based investment holding company. It designs, manufactures, markets and supplies products and solutions to the oil and gas, chemicals and petrochemicals, iron and steel, and other industries. It has two key business divisions: Engineering Service and Manufacturing, And Agri-Technology. Geographically, it operates in China, the United States, Singapore Other European countries, Indonesia, and other Asian countries. The company derives majority of its revenue from Indonesia.
23GF Score

Get the complete analysis for SGX:BLZ

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

S$0.14
Price
S$0.10
GF Value