DSC Securities (STC:DSC) Scaled Net Operating Assets: 0.38 (As of Mar. 2026)

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STC:DSC DSC Securities Corp STC:DSC
37 GF Score
Price ₫12,200.00
! 4 Warning Signs
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What is DSC Securities Scaled Net Operating Assets?

DSC Securities STC:DSC 37 Scaled Net Operating Assets is 0.38 as of Mar. 2026. GuruFocus rates STC:DSC with a GF Score™ of 37/100. 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.

DSC Securities's operating assets for the quarter that ended in Mar. 2026 was ₫2,763,099 Mil. DSC Securities's operating liabilities for the quarter that ended in Mar. 2026 was ₫59,079 Mil. DSC Securities's Total Assets for the quarter that ended in Dec. 2025 was ₫7,059,958 Mil. Therefore, DSC Securities's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.38.


DSC Securities Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for DSC Securities'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.

DSC Securities Scaled Net Operating Assets Chart

DSC Securities Annual Data
Trend Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.46 0.54 0.50

DSC Securities Quarterly Data
Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.42 0.41 0.53 0.47 0.38

STC:DSC vs MS, GS, SCHW: Scaled Net Operating Assets Comparison

For the Capital Markets subindustry, DSC Securities'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.


DSC Securities Scaled Net Operating Assets vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, DSC Securities's Scaled Net Operating Assets distribution charts can be found below:

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


STC:DSC
37GF Score
DSC Securities Corp STC:DSC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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DSC Securities 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.

DSC Securities'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 )
=(2999369.05-94255.721)/5792290.123
=0.50

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7059957.843 - 4060588.793
=2999369.05

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4033099.36 - 0 - 3938843.639
=94255.721

DSC Securities'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: Dec. 2025 )
=(2763099.156-59079.056)/7059957.843
=0.38

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7495492.402 - 4732393.246
=2763099.156

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4389651.725 - 0 - 4330572.669
=59079.056

* 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 0.38 mean?
DSC Securities (STC:DSC) has a Scaled Net Operating Assets of 0.38 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 DSC Securities and its competitors.
Is DSC Securities' Scaled Net Operating Assets too high?
DSC Securities' current Scaled Net Operating Assets is 0.38. Overall, DSC Securities has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does DSC Securities' Scaled Net Operating Assets compare to MS and GS?
DSC Securities' Scaled Net Operating Assets of 0.38 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 DSC Securities and its competitors. DSC Securities's current Scaled Net Operating Assets is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DSC Securities stock overvalued right now?
DSC Securities (STC:DSC) has a current Scaled Net Operating Assets of 0.38. The current Scaled Net Operating Assets is 0.38. DSC Securities' overall GF Score™ is 37/100 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 DSC Securities (STC:DSC), the current Scaled Net Operating Assets is 0.38 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.

DSC Securities Business Description

Address 80 Dich Vong Hau, Cau Giay ward, 2nd Floor, Thanh Cong Building, Hanoi, VNM
DSC Securities Corp is a financial consulting and securities investment company. It provides Proprietary trading, Securities brokerage, Securities underwriting, Securities investment advisory, and Depository services. The company operates in the segments, which include Proprietary trading, Brokerage services, Loan services, and others. The majority of its revenue is generated from the Loan services. All activities of the Company take place in the territory of Vietnam.
37GF 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.

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