Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
ASTEEL Group Bhd's operating assets for the quarter that ended in Mar. 2026 was RM220.2 Mil. ASTEEL Group Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM49.2 Mil. ASTEEL Group Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM248.2 Mil. Therefore, ASTEEL Group Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.69.
ASTEEL Group Bhd Scaled Net Operating Assets Related Terms
ASTEEL Group Bhd Scaled Net Operating Assets Historical Data
* Premium members only.
The historical data trend for ASTEEL Group Bhd'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.
ASTEEL Group Bhd Scaled Net Operating Assets Chart
XKLS:7020 vs NUE, STLD, RS: Scaled Net Operating Assets Comparison
For the Steel subindustry, ASTEEL Group Bhd'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.
ASTEEL Group Bhd Scaled Net Operating Assets vs Steel Industry
For the Steel industry and Basic Materials sector, ASTEEL Group Bhd's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where ASTEEL Group Bhd's Scaled Net Operating Assets falls into.
* 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 0.69 mean?
ASTEEL Group Bhd (XKLS:7020) has a Scaled Net Operating Assets of 0.69 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 ASTEEL Group Bhd and its competitors.
Is ASTEEL Group Bhd's Scaled Net Operating Assets too high?
ASTEEL Group Bhd's current Scaled Net Operating Assets is 0.69.
How does ASTEEL Group Bhd's Scaled Net Operating Assets compare to NUE and STLD?
ASTEEL Group Bhd's Scaled Net Operating Assets of 0.69 can be compared against companies in the Steel 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 Steel company?
A good Scaled Net Operating Assets depends on the Steel 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 ASTEEL Group Bhd and its competitors. ASTEEL Group Bhd's current Scaled Net Operating Assets is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASTEEL Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, ASTEEL Group Bhd (XKLS:7020) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.09, compared to a current price of RM0.06 — trading 38.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.69. 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 ASTEEL Group Bhd (XKLS:7020), the current Scaled Net Operating Assets is 0.69 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.
ASTEEL Group Bhd specializes in steel roofing and structure design and building, and focuses on the downstream industry for other building and construction materials. It is involved in the manufacturing of coated steel products and processing of metal roofing, wall cladding & fencing, metal floor decking, light gauge structural components, purlins, and framing systems under the brands ASTEEL and ASTAR. The firm operates in two segments: ARSB and STARSHINE. The ARSB segment that generates the majority of its revenue, engages in manufacturing and selling coated steel products and downstream roofing products, trading of hardware and building materials in Sabah and Sarawak, East Malaysia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:7020 has been successfully added to your 