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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
JTL Defence's operating assets for the quarter that ended in Mar. 2026 was ₹3,269.1 Mil. JTL Defence's operating liabilities for the quarter that ended in Mar. 2026 was ₹744.4 Mil. JTL Defence's Total Assets for the quarter that ended in Sep. 2025 was ₹901.7 Mil. Therefore, JTL Defence's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 2.80.
JTL Defence Scaled Net Operating Assets Related Terms
JTL Defence Scaled Net Operating Assets Historical Data
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The historical data trend for JTL Defence'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.
BOM:537254 vs SCCO, FCX: Scaled Net Operating Assets Comparison
For the Copper subindustry, JTL Defence'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.
JTL Defence Scaled Net Operating Assets vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, JTL Defence's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where JTL Defence'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 2.80 mean?
JTL Defence (BOM:537254) has a Scaled Net Operating Assets of 2.80 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 JTL Defence and its competitors.
Is JTL Defence's Scaled Net Operating Assets too high?
JTL Defence's current Scaled Net Operating Assets is 2.80. Overall, JTL Defence has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JTL Defence's Scaled Net Operating Assets compare to SCCO and FCX?
JTL Defence's Scaled Net Operating Assets of 2.80 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining 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 JTL Defence and its competitors. JTL Defence's current Scaled Net Operating Assets is 2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTL Defence stock overvalued right now?
Based on GuruFocus' analysis, JTL Defence (BOM:537254) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹53.95, compared to a current price of ₹646.65 — trading 1098.6% above its estimated fair value. The current Scaled Net Operating Assets is 2.80. JTL Defence's overall GF Score™ is 36/100 with 7 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 JTL Defence (BOM:537254), the current Scaled Net Operating Assets is 2.80 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 JTL Defence (BOM:537254) Overvalued in 2026?
Based on GuruFocus' analysis, JTL Defence stock appears to be overvalued.
The current stock price of ₹646.65 is trading 1098.6% above its estimated GF Value™ of ₹53.95.
GuruFocus considers JTL Defence to be Significantly Overvalued.
Key valuation signals for BOM:537254:
Scaled Net Operating Assets: 2.80
GF Value™: ₹53.95 vs. price of ₹646.65 (1098.6% above fair value)
No single metric tells the full story. See the BOM:537254 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JTL Defence Ltd, formerly RCI Industries & Technologies Ltd is principally engaged in the manufacturing of copper and copper products. The main objective of the company is to manufacture, import, export, trade, and deal in all types of metal and metal products. Its product range includes Round and Flat Rolled Copper and Copper Alloys, which are used for various electrical and industrial applications in different industries, such as automobile, engineering, defense, construction, electronics, and others. The majority of the company's revenue is derived from the sales of its products in the domestic market.
36GF Score
Get the complete analysis for BOM:537254
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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