Sam Holdings (STC:SAM) Scaled Net Operating Assets: 0.59 (As of Mar. 2026)


STC:SAM Sam Holdings Corp STC:SAM
75 GF Score
Price ₫6,030.00
GF Value ₫12,310.67
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Sam Holdings Scaled Net Operating Assets?

Sam Holdings STC:SAM +0.67% 75 Scaled Net Operating Assets is 0.59 as of Mar. 2026. GuruFocus rates STC:SAM with a GF Score™ of 75/100 and a GF Value™ of ₫12,310.67 (Significantly Undervalued). 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.

Sam Holdings's operating assets for the quarter that ended in Mar. 2026 was ₫6,574,258 Mil. Sam Holdings's operating liabilities for the quarter that ended in Mar. 2026 was ₫2,374,198 Mil. Sam Holdings's Total Assets for the quarter that ended in Dec. 2025 was ₫7,170,631 Mil. Therefore, Sam Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.59.


Sam Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Sam 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.

Sam Holdings Scaled Net Operating Assets Chart

Sam 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 0.90 0.73 0.73 0.81 0.91

Sam Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 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 0.92 0.89 0.85 0.85 0.59

STC:SAM vs HON, MMM: Scaled Net Operating Assets Comparison

For the Conglomerates subindustry, Sam 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.


Sam Holdings Scaled Net Operating Assets vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sam Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


STC:SAM
75GF Score
Sam Holdings Corp STC:SAM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Sam 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.

Sam 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 )
=(6553633.924-725872.013)/6375567.403
=0.91

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7170631.25 - 616997.326
=6553633.924

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2405623.968 - 387300 - 1292451.955
=725872.013

Sam 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: Dec. 2025 )
=(6574258.287-2374198.428)/7170631.25
=0.59

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7410095.136 - 835836.849
=6574258.287

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2644125.428 - 269927 - 0
=2374198.428

* 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 0.59 mean?
Sam Holdings (STC:SAM) has a Scaled Net Operating Assets of 0.59 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 Sam Holdings and its competitors.
Is Sam Holdings' Scaled Net Operating Assets too high?
Sam Holdings' current Scaled Net Operating Assets is 0.59. Overall, Sam Holdings has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sam Holdings' Scaled Net Operating Assets compare to HON and MMM?
Sam Holdings' Scaled Net Operating Assets of 0.59 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Scaled Net Operating Assets depends on the Conglomerates 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 Sam Holdings and its competitors. Sam Holdings's current Scaled Net Operating Assets is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sam Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sam Holdings (STC:SAM) is currently considered Significantly Undervalued. The stock's GF Value™ is ₫12,310.67, compared to a current price of ₫6,030.00 — trading 51% below its estimated fair value. The current Scaled Net Operating Assets is 0.59. Sam Holdings' overall GF Score™ is 75/100 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 Sam Holdings (STC:SAM), the current Scaled Net Operating Assets is 0.59 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 Sam Holdings (STC:SAM) Overvalued in 2026?

Based on GuruFocus' analysis, Sam Holdings stock appears to be undervalued. The current stock price of ₫6,030.00 is trading 51% below its estimated GF Value™ of ₫12,310.67. GuruFocus considers Sam Holdings to be Significantly Undervalued.

Key valuation signals for STC:SAM:

  • Scaled Net Operating Assets: 0.59
  • GF Value™: ₫12,310.67 vs. price of ₫6,030.00 (51% below fair value)
  • GF Score™: 75/100 with 5 warning signs

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


Sam Holdings Business Description

Address 152/11B Dien Bien Phu Street, Ward 25, Binh Thanh District, Ho Chi Minh City, VNM
Sam Holdings Corp is a Vietnam based company engaged in the business of manufacturing and distributing cables for the post and telecommunication industry. In addition, the organization is also involved in the business areas of investment, finance, housing real estate business, resort real estate and agriculture.
75GF Score

Get the complete analysis for STC:SAM

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

₫6,030.00
Price
₫12,310.67
GF Value