Rajasthan Tube Manufacturing Co (BOM:530253) Scaled Net Operating Assets: 0.76 (As of Mar. 2026)

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BOM:530253 Rajasthan Tube Manufacturing Co Ltd BOM:530253
34 GF Score
Price ₹11.40
GF Value ₹0.68
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Rajasthan Tube Manufacturing Co Scaled Net Operating Assets?

Rajasthan Tube Manufacturing Co BOM:530253 +3.35% 34 Scaled Net Operating Assets is 0.76 as of Mar. 2026. GuruFocus rates BOM:530253 with a GF Score™ of 34/100 and a GF Value™ of ₹0.68 (Significantly Overvalued). 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.

Rajasthan Tube Manufacturing Co's operating assets for the quarter that ended in Mar. 2026 was ₹100.1 Mil. Rajasthan Tube Manufacturing Co's operating liabilities for the quarter that ended in Mar. 2026 was ₹13.4 Mil. Rajasthan Tube Manufacturing Co's Total Assets for the quarter that ended in Dec. 2025 was ₹114.3 Mil. Therefore, Rajasthan Tube Manufacturing Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.76.


Rajasthan Tube Manufacturing Co Scaled Net Operating Assets Historical Data

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The historical data trend for Rajasthan Tube Manufacturing Co'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.

Rajasthan Tube Manufacturing Co Scaled Net Operating Assets Chart

Rajasthan Tube Manufacturing Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 0.82 0.59 0.55 0.45

Rajasthan Tube Manufacturing Co 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 0.00 0.00 0.00 1.13 0.76

BOM:530253 vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, Rajasthan Tube Manufacturing Co'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.


Rajasthan Tube Manufacturing Co Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, Rajasthan Tube Manufacturing Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Rajasthan Tube Manufacturing Co's Scaled Net Operating Assets falls into.


BOM:530253
34GF Score
Rajasthan Tube Manufacturing Co Ltd BOM:530253
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rajasthan Tube Manufacturing Co 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.

Rajasthan Tube Manufacturing Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(100.145-13.401)/193.727
=0.45

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=113.451 - 13.306
=100.145

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13.401 - 0 - 0
=13.401

Rajasthan Tube Manufacturing Co'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 )
=(100.145-13.401)/114.292
=0.76

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=113.451 - 13.306
=100.145

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13.401 - 0 - 0
=13.401

* 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 0.76 mean?
Rajasthan Tube Manufacturing Co (BOM:530253) has a Scaled Net Operating Assets of 0.76 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 Rajasthan Tube Manufacturing Co and its competitors.
Is Rajasthan Tube Manufacturing Co's Scaled Net Operating Assets too high?
Rajasthan Tube Manufacturing Co's current Scaled Net Operating Assets is 0.76. Overall, Rajasthan Tube Manufacturing Co has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rajasthan Tube Manufacturing Co's Scaled Net Operating Assets compare to NUE and STLD?
Rajasthan Tube Manufacturing Co's Scaled Net Operating Assets of 0.76 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 Rajasthan Tube Manufacturing Co and its competitors. Rajasthan Tube Manufacturing Co's current Scaled Net Operating Assets is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rajasthan Tube Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Rajasthan Tube Manufacturing Co (BOM:530253) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.68, compared to a current price of ₹11.40 — trading 1576.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.76. Rajasthan Tube Manufacturing Co's overall GF Score™ is 34/100 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 Rajasthan Tube Manufacturing Co (BOM:530253), the current Scaled Net Operating Assets is 0.76 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 Rajasthan Tube Manufacturing Co (BOM:530253) Overvalued in 2026?

Based on GuruFocus' analysis, Rajasthan Tube Manufacturing Co stock appears to be overvalued. The current stock price of ₹11.40 is trading 1576.5% above its estimated GF Value™ of ₹0.68. GuruFocus considers Rajasthan Tube Manufacturing Co to be Significantly Overvalued.

Key valuation signals for BOM:530253:

  • Scaled Net Operating Assets: 0.76
  • GF Value™: ₹0.68 vs. price of ₹11.40 (1576.5% above fair value)
  • GF Score™: 34/100 with 4 warning signs

No single metric tells the full story. See the BOM:530253 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rajasthan Tube Manufacturing Co Business Description

Address Maharkala Road, Jatawali Mod, 28-37, Banke Bihari Industrial Area, Village Dehra, Teh. Chomu, Jaipur, RJ, IND, 303806
Rajasthan Tube Manufacturing Co Ltd manufactures and trades in steel tubes, pipes, and sheets in India. It offers Electric Resistance Welding (ERW) steel black pipes, ERW steel galvanized pipes, and hot rolled steel sheets. Its steel black and galvanized steel pipes/tubes are used in various applications, such as water pipelines, water mains, sewerage systems, industrial water lines, crude oil piping, and cross-country pipelines. Its hot rolled steel sheets are used in making tubular products, including hot rolled coils, pipes, LPG cylinders, shuttering plates, and off late in the construction sector; as component in the making of pressure vessels, in buildings, and hull and steel structures, as well as in boiler usage; and making critical safety parts and automobile suspension.
34GF Score

Get the complete analysis for BOM:530253

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

₹11.40
Price
₹0.68
GF Value