Amcorp Global (SGX:S9B) Scaled Net Operating Assets: 0.51 (As of Mar. 2026)

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What is Amcorp Global Scaled Net Operating Assets?

Amcorp Global SGX:S9B Scaled Net Operating Assets is 0.51 as of Mar. 2026. 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.

Amcorp Global's operating assets for the quarter that ended in Mar. 2026 was S$60.71 Mil. Amcorp Global's operating liabilities for the quarter that ended in Mar. 2026 was S$10.66 Mil. Amcorp Global's Total Assets for the quarter that ended in Sep. 2025 was S$98.22 Mil. Therefore, Amcorp Global's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.51.


Amcorp Global Scaled Net Operating Assets Historical Data

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The historical data trend for Amcorp 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.

Amcorp Global Scaled Net Operating Assets Chart

Amcorp Global Annual Data
Trend May16 May17 May18 May19 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.54 0.59 0.40 0.50

Amcorp Global Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 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 0.66 0.69 0.43 0.55 0.51

Amcorp Global Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Development subindustry, Amcorp 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.


Amcorp Global Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Amcorp Global's Scaled Net Operating Assets distribution charts can be found below:

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



Amcorp 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.

Amcorp Global'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 )
=(60.709-10.658)/99.984
=0.50

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=100.074 - 39.365
=60.709

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30.909 - 20.145 - 0.106
=10.658

Amcorp Global'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 )
=(60.709-10.658)/98.223
=0.51

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=100.074 - 39.365
=60.709

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30.909 - 20.145 - 0.106
=10.658

* 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 0.51 mean?
Amcorp Global (SGX:S9B) has a Scaled Net Operating Assets of 0.51 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 Amcorp Global and its competitors.
Is Amcorp Global's Scaled Net Operating Assets too high?
Amcorp Global's current Scaled Net Operating Assets is 0.51.
How does Amcorp Global's Scaled Net Operating Assets compare to competitors?
Amcorp Global's Scaled Net Operating Assets of 0.51 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Amcorp Global and its competitors. Amcorp Global's current Scaled Net Operating Assets is 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amcorp Global stock overvalued right now?
Based on GuruFocus' analysis, Amcorp Global (SGX:S9B) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.01, compared to a current price of S$0.10 — trading 850% above its estimated fair value. The current Scaled Net Operating Assets is 0.51. 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 Amcorp Global (SGX:S9B), the current Scaled Net Operating Assets is 0.51 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.

Amcorp Global Business Description

Address 11 Sam Leong Road, No 03-06, TRIO, Singapore, SGP, 207903
Amcorp Global Ltd is a real estate development company. The company is engaged in the business of engineering, real estate, and infrastructure. It owns residential, commercial, and industrial projects in Singapore. The group is organized into business units based on its products and services and operates in a single-segment Property development. The property division segment involves the development and sale of development properties. Its geographical segments include Singapore, Vietnam, and Malaysia, out of which the majority of its revenue comes from Malaysia.