Muthoot Finance (BOM:533398) Scaled Net Operating Assets: 1.04 (As of Jun. 2026)

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.

BOM:533398 Muthoot Finance Ltd BOM:533398
78 GF Score
Price ₹2,840.00
GF Value ₹3,931.02
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Muthoot Finance Scaled Net Operating Assets?

Muthoot Finance BOM:533398 +2.45% 78 Scaled Net Operating Assets is 1.04 as of Jun. 2026. GuruFocus rates BOM:533398 with a GF Score™ of 78/100 and a GF Value™ of ₹3,931.02 (Modestly Undervalued). 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.

Muthoot Finance's operating assets for the quarter that ended in Jun. 2026 was ₹2,092,355 Mil. Muthoot Finance's operating liabilities for the quarter that ended in Jun. 2026 was ₹55,483 Mil. Muthoot Finance's Total Assets for the quarter that ended in Mar. 2026 was ₹1,957,540 Mil. Therefore, Muthoot Finance's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 1.04.

BOM:533398
78GF Score
Muthoot Finance Ltd BOM:533398
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Muthoot Finance 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.

Muthoot Finance'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 )
=(1850618.53-49531.16)/1328595.91
=1.36

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1957539.94 - 106921.41
=1850618.53

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1559795.43 - 935684.09 - 574580.18
=49531.16

Muthoot Finance's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(2092354.83-55483.24)/1957539.94
=1.04

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2092354.83 -
=2092354.83

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1679665.45 - 1624182.21 - 0
=55483.24

* 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 1.04 mean?
Muthoot Finance (BOM:533398) has a Scaled Net Operating Assets of 1.04 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Muthoot Finance and its competitors.
Is Muthoot Finance's Scaled Net Operating Assets too high?
Muthoot Finance's current Scaled Net Operating Assets is 1.04. Overall, Muthoot Finance has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Muthoot Finance's Scaled Net Operating Assets compare to V and MA?
Muthoot Finance's Scaled Net Operating Assets of 1.04 can be compared against companies in the Credit Services 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 Credit Services company?
A good Scaled Net Operating Assets depends on the Credit Services 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 Muthoot Finance and its competitors. Muthoot Finance's current Scaled Net Operating Assets is 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Muthoot Finance stock overvalued right now?
Based on GuruFocus' analysis, Muthoot Finance (BOM:533398) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,931.02, compared to a current price of ₹2,840.00 — trading 27.8% below its estimated fair value. The current Scaled Net Operating Assets is 1.04. Muthoot Finance's overall GF Score™ is 78/100 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 Muthoot Finance (BOM:533398), the current Scaled Net Operating Assets is 1.04 as of Jun. 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 Muthoot Finance (BOM:533398) Overvalued in 2026?

Based on GuruFocus' analysis, Muthoot Finance stock appears to be undervalued. The current stock price of ₹2,840.00 is trading 27.8% below its estimated GF Value™ of ₹3,931.02. GuruFocus considers Muthoot Finance to be Modestly Undervalued.

Key valuation signals for BOM:533398:

  • Scaled Net Operating Assets: 1.04
  • GF Value™: ₹3,931.02 vs. price of ₹2,840.00 (27.8% below fair value)
  • GF Score™: 78/100 with 4 warning signs

No single metric tells the full story. See the BOM:533398 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Muthoot Finance Business Description

Other Exchanges MUTHOOTFIN:India
Address Banerji Road, Ernakulam, 2nd Floor, Muthoot Chambers, Opposite Saritha Theatre Complex, Kochi, KL, IND, 682 018
Muthoot Finance Ltd is a non-deposit-taking, non-banking financial company with thousands of branches in India. The company's main business is providing personal and business loans to individuals who do not have access to formal credit. The loans are typically secured by gold jewelry. The company also offers some microfinance loans and housing loans to customer segments and areas that are underserved by banks. Interest income accounts for nearly all the company's revenue. It has operations in Sri Lanka and India, with India providing almost all the company's revenue.
78GF Score

Get the complete analysis for BOM:533398

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

₹2,840.00
Price
₹3,931.02
GF Value