Papyrus Australia (ASX:PPY) Scaled Net Operating Assets: -0.50 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Papyrus Australia Scaled Net Operating Assets?

Papyrus Australia ASX:PPY Scaled Net Operating Assets is -0.50 as of Dec. 2025. 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.

Papyrus Australia's operating assets for the quarter that ended in Dec. 2025 was A$0.36 Mil. Papyrus Australia's operating liabilities for the quarter that ended in Dec. 2025 was A$0.86 Mil. Papyrus Australia's Total Assets for the quarter that ended in Jun. 2025 was A$1.01 Mil. Therefore, Papyrus Australia's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.50.


Papyrus Australia Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Papyrus Australia'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.

Papyrus Australia Scaled Net Operating Assets Chart

Papyrus Australia Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.22 0.52 0.45 0.74 0.00

Papyrus Australia Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.83 0.73 0.46 0.00 -0.50

ASX:PPY vs SW, PKG, IP: Scaled Net Operating Assets Comparison

For the Packaging & Containers subindustry, Papyrus Australia'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.


Papyrus Australia Scaled Net Operating Assets vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Papyrus Australia's Scaled Net Operating Assets distribution charts can be found below:

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



Papyrus Australia 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.

Papyrus Australia's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(0.7-0.697)/3.454
=0.00

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.005 - 0.305
=0.7

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.697 - 0 - 0
=0.697

Papyrus Australia's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(0.361-0.863)/1.005
=-0.50

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.835 - 0.474
=0.361

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.863 - 0 - 0
=0.863

* 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 -0.50 mean?
Papyrus Australia (ASX:PPY) has a Scaled Net Operating Assets of -0.50 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Papyrus Australia and its competitors.
Is Papyrus Australia's Scaled Net Operating Assets too high?
Papyrus Australia's current Scaled Net Operating Assets is -0.50.
How does Papyrus Australia's Scaled Net Operating Assets compare to SW and PKG?
Papyrus Australia's Scaled Net Operating Assets of -0.50 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Scaled Net Operating Assets depends on the Packaging & Containers 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 Papyrus Australia and its competitors. Papyrus Australia's current Scaled Net Operating Assets is -0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Papyrus Australia stock overvalued right now?
Papyrus Australia (ASX:PPY) has a current Scaled Net Operating Assets of -0.50. The current Scaled Net Operating Assets is -0.50. 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 Papyrus Australia (ASX:PPY), the current Scaled Net Operating Assets is -0.50 as of Dec. 2025. 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.

Papyrus Australia Business Description

Address C/o V P Rigano & Co Pty Ltd, Level 2, 2 Peel Street, Adelaide, SA, AUS, 5000
Papyrus Australia Ltd develops a technology that converts the waste trunk of the banana palm into alternatives to forest wood products to be used in paper, packaging, furniture, building, construction, and other industries. The group's commercialization plan remains focused on developing partnerships with local organizations in banana-growing regions, to establish banana processing facilities for the conversion of banana plantation waste into moulded food packaging products. The group operates in one business segment, being research and development utilising banana fibre for moulded products.