Reclaims Global (SGX:NEX) Scaled Net Operating Assets: 0.42 (As of Jan. 2026)


SGX:NEX Reclaims Global Ltd SGX:NEX
65 GF Score
Price S$0.20
GF Value S$0.14
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Reclaims Global Scaled Net Operating Assets?

Reclaims Global SGX:NEX -0.51% 65 Scaled Net Operating Assets is 0.42 as of Jan. 2026. GuruFocus rates SGX:NEX with a GF Score™ of 65/100 and a GF Value™ of S$0.14 (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.

Reclaims Global's operating assets for the quarter that ended in Jan. 2026 was S$28.89 Mil. Reclaims Global's operating liabilities for the quarter that ended in Jan. 2026 was S$9.64 Mil. Reclaims Global's Total Assets for the quarter that ended in Jul. 2025 was S$45.48 Mil. Therefore, Reclaims Global's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.42.


Reclaims Global Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Reclaims Global'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.

Reclaims Global Scaled Net Operating Assets Chart

Reclaims Global Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.62 0.55 0.57 0.48

Reclaims Global Semi-Annual Data
Jan16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.55 0.64 0.51 0.43 0.42

SGX:NEX vs WM, RSG, WCN: Scaled Net Operating Assets Comparison

For the Waste Management subindustry, Reclaims Global'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.


Reclaims Global Scaled Net Operating Assets vs Waste Management Industry

For the Waste Management industry and Industrials sector, Reclaims Global's Scaled Net Operating Assets distribution charts can be found below:

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


SGX:NEX
65GF Score
Reclaims Global Ltd SGX:NEX
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Reclaims Global 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.

Reclaims Global's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jan. 2026 )
=(Operating Assets (A: Jan. 2026 )-Operating Liabilities (A: Jan. 2026 ))/Total Assets (A: Jan. 2025 )
=(28.891-9.64)/40.429
=0.48

where

Operating Assets(A: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=56.825 - 27.934
=28.891

Reclaims Global's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2026 )
=(Operating Assets (Q: Jan. 2026 )-Operating Liabilities (Q: Jan. 2026 ))/Total Assets (Q: Jul. 2025 )
=(28.891-9.64)/45.481
=0.42

where

Operating Assets(Q: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=56.825 - 27.934
=28.891

* 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?
Reclaims Global (SGX:NEX) has a Scaled Net Operating Assets of 0.42 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Reclaims Global and its competitors.
Is Reclaims Global's Scaled Net Operating Assets too high?
Reclaims Global's current Scaled Net Operating Assets is 0.42. Overall, Reclaims Global has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reclaims Global's Scaled Net Operating Assets compare to WM and RSG?
Reclaims Global's Scaled Net Operating Assets of 0.42 can be compared against companies in the Waste Management 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 Waste Management company?
A good Scaled Net Operating Assets depends on the Waste Management 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 Reclaims Global and its competitors. Reclaims Global'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 Reclaims Global stock overvalued right now?
Based on GuruFocus' analysis, Reclaims Global (SGX:NEX) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.14, compared to a current price of S$0.20 — trading 40.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.42. Reclaims Global's overall GF Score™ is 65/100 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 Reclaims Global (SGX:NEX), the current Scaled Net Operating Assets is 0.42 as of Jan. 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 Reclaims Global (SGX:NEX) Overvalued in 2026?

Based on GuruFocus' analysis, Reclaims Global stock appears to be overvalued. The current stock price of S$0.20 is trading 40.7% above its estimated GF Value™ of S$0.14. GuruFocus considers Reclaims Global to be Significantly Overvalued.

Key valuation signals for SGX:NEX:

  • Scaled Net Operating Assets: 0.42
  • GF Value™: S$0.14 vs. price of S$0.20 (40.7% above fair value)
  • GF Score™: 65/100 with 4 warning signs

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


Reclaims Global Business Description

Address 10 Tuas South Street 7, Singapore, SGP, 637114
Reclaims Global Ltd is an integrated service provider in the construction industry. The group specializes in the recycling of construction & demolition waste, customisation of excavation solutions, & operating fleet management. Its operating business segments are: Recycling, Excavation services, & Logistics & leasing. The Excavation services segment performs land clearing, excavation, & removal of construction & demolition waste, consisting of demolition works, site clearance, reshaping, backfilling, compacting, & turfing. The recycling segment focuses on the reclaiming of natural & urban construction & demolition waste & is for sale as building materials to customers. The logistics & leasing segment provides transportation services and leasing of machinery & equipment.
65GF Score

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

S$0.20
Price
S$0.14
GF Value