Sai Gon Cargo Service (STC:SCS) Scaled Net Operating Assets: 0.78 (As of Mar. 2026)


STC:SCS Sai Gon Cargo Service Corp STC:SCS
83 GF Score
Price ₫49,500.00
GF Value ₫103,705.74
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Sai Gon Cargo Service Scaled Net Operating Assets?

Sai Gon Cargo Service STC:SCS +0.20% 83 Scaled Net Operating Assets is 0.78 as of Mar. 2026. GuruFocus rates STC:SCS with a GF Score™ of 83/100 and a GF Value™ of ₫103,705.74 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Sai Gon Cargo Service's operating assets for the quarter that ended in Mar. 2026 was ₫1,937,799 Mil. Sai Gon Cargo Service's operating liabilities for the quarter that ended in Mar. 2026 was ₫252,547 Mil. Sai Gon Cargo Service's Total Assets for the quarter that ended in Dec. 2025 was ₫2,165,877 Mil. Therefore, Sai Gon Cargo Service's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.78.


Sai Gon Cargo Service Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Sai Gon Cargo Service'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.

Sai Gon Cargo Service Scaled Net Operating Assets Chart

Sai Gon Cargo Service Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.65 0.37 0.18 0.08 0.05

Sai Gon Cargo Service 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 0.21 0.03 0.15 0.05 0.78

STC:SCS vs JOBY, CAAP: Scaled Net Operating Assets Comparison

For the Airports & Air Services subindustry, Sai Gon Cargo Service'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.


Sai Gon Cargo Service Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, Sai Gon Cargo Service's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Sai Gon Cargo Service's Scaled Net Operating Assets falls into.


STC:SCS
83GF Score
Sai Gon Cargo Service Corp STC:SCS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Sai Gon Cargo Service 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.

Sai Gon Cargo Service'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 )
=(608972.768-506288.261)/1897525.111
=0.05

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2165877.347 - 1556904.579
=608972.768

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=604218.648 - 0 - 97930.387
=506288.261

Sai Gon Cargo Service'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 )
=(1937799.274-252546.61)/2165877.347
=0.78

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2085427.625 - 147628.351
=1937799.274

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=350476.997 - 0 - 97930.387
=252546.61

* 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 0.78 mean?
Sai Gon Cargo Service (STC:SCS) has a Scaled Net Operating Assets of 0.78 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 Sai Gon Cargo Service and its competitors.
Is Sai Gon Cargo Service's Scaled Net Operating Assets too high?
Sai Gon Cargo Service's current Scaled Net Operating Assets is 0.78. Overall, Sai Gon Cargo Service has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sai Gon Cargo Service's Scaled Net Operating Assets compare to JOBY and CAAP?
Sai Gon Cargo Service's Scaled Net Operating Assets of 0.78 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 Sai Gon Cargo Service and its competitors. Sai Gon Cargo Service's current Scaled Net Operating Assets is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sai Gon Cargo Service stock overvalued right now?
Based on GuruFocus' analysis, Sai Gon Cargo Service (STC:SCS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₫103,705.74, compared to a current price of ₫49,500.00 — trading 52.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.78. Sai Gon Cargo Service's overall GF Score™ is 83/100 with 1 warning sign 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 Sai Gon Cargo Service (STC:SCS), the current Scaled Net Operating Assets is 0.78 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 Sai Gon Cargo Service (STC:SCS) Overvalued in 2026?

Based on GuruFocus' analysis, Sai Gon Cargo Service stock appears to be undervalued. The current stock price of ₫49,500.00 is trading 52.3% below its estimated GF Value™ of ₫103,705.74. GuruFocus considers Sai Gon Cargo Service to be Significantly Undervalued.

Key valuation signals for STC:SCS:

  • Scaled Net Operating Assets: 0.78
  • GF Value™: ₫103,705.74 vs. price of ₫49,500.00 (52.3% below fair value)
  • GF Score™: 83/100 with 1 warning sign

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


Sai Gon Cargo Service Business Description

Address 30 Phan Thuc Duyen Street, Son Nhat International Airport, Ward 4, Tan Binh District, Ho Chi Minh City, VNM
Sai Gon Cargo Service Corp provides cargo handling services at the airport. The company offers International Cargo Handling Services, Domestic Terminal Cargo Handling Services, Perishable Goods Services, and Office Space Lease Services.
83GF Score

Get the complete analysis for STC:SCS

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

₫49,500.00
Price
₫103,705.74
GF Value