Aftab Automobiles (DHA:AFTABAUTO) Scaled Net Operating Assets: 0.94 (As of Mar. 2026)


DHA:AFTABAUTO Aftab Automobiles Ltd DHA:AFTABAUTO
66 GF Score
Price BDT30.70
GF Value BDT37.42
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Aftab Automobiles Scaled Net Operating Assets?

Aftab Automobiles DHA:AFTABAUTO -2.23% 66 Scaled Net Operating Assets is 0.94 as of Mar. 2026. GuruFocus rates DHA:AFTABAUTO with a GF Score™ of 66/100 and a GF Value™ of BDT37.42 (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.

Aftab Automobiles's operating assets for the quarter that ended in Mar. 2026 was BDT29,527.4 Mil. Aftab Automobiles's operating liabilities for the quarter that ended in Mar. 2026 was BDT1,792.4 Mil. Aftab Automobiles's Total Assets for the quarter that ended in Dec. 2025 was BDT29,632.2 Mil. Therefore, Aftab Automobiles's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.94.


Aftab Automobiles Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Aftab Automobiles'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.

Aftab Automobiles Scaled Net Operating Assets Chart

Aftab Automobiles Annual Data
Trend Aug15 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 1.03 0.97 0.97 0.96 0.97

Aftab Automobiles 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 0.94 0.94 0.95 0.97 0.94

DHA:AFTABAUTO vs TSLA, GM, F: Scaled Net Operating Assets Comparison

For the Auto Manufacturers subindustry, Aftab Automobiles'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.


Aftab Automobiles Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aftab Automobiles's Scaled Net Operating Assets distribution charts can be found below:

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


DHA:AFTABAUTO
66GF Score
Aftab Automobiles Ltd DHA:AFTABAUTO
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Aftab Automobiles 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.

Aftab Automobiles'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 )
=(27394.273-1783.358)/26284.287
=0.97

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=27637.532 - 243.259
=27394.273

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=22616.289 - 11520.112 - 9312.819
=1783.358

Aftab Automobiles'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 )
=(29527.367-1792.363)/29632.24
=0.94

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=29783.808 - 256.441
=29527.367

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=24961.433 - 13234.106 - 9934.964
=1792.363

* 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 0.94 mean?
Aftab Automobiles (DHA:AFTABAUTO) has a Scaled Net Operating Assets of 0.94 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 Aftab Automobiles and its competitors.
Is Aftab Automobiles' Scaled Net Operating Assets too high?
Aftab Automobiles' current Scaled Net Operating Assets is 0.94. Overall, Aftab Automobiles has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aftab Automobiles' Scaled Net Operating Assets compare to TSLA and GM?
Aftab Automobiles' Scaled Net Operating Assets of 0.94 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 Aftab Automobiles and its competitors. Aftab Automobiles's current Scaled Net Operating Assets is 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aftab Automobiles stock overvalued right now?
Based on GuruFocus' analysis, Aftab Automobiles (DHA:AFTABAUTO) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT37.42, compared to a current price of BDT30.70 — trading 18% below its estimated fair value. The current Scaled Net Operating Assets is 0.94. Aftab Automobiles' overall GF Score™ is 66/100 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 Aftab Automobiles (DHA:AFTABAUTO), the current Scaled Net Operating Assets is 0.94 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 Aftab Automobiles (DHA:AFTABAUTO) Overvalued in 2026?

Based on GuruFocus' analysis, Aftab Automobiles stock appears to be undervalued. The current stock price of BDT30.70 is trading 18% below its estimated GF Value™ of BDT37.42. GuruFocus considers Aftab Automobiles to be Modestly Undervalued.

Key valuation signals for DHA:AFTABAUTO:

  • Scaled Net Operating Assets: 0.94
  • GF Value™: BDT37.42 vs. price of BDT30.70 (18% below fair value)
  • GF Score™: 66/100 with 4 warning signs

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


Aftab Automobiles Business Description

Address 205-207, Tejgaon Industrial Area, Dhaka, BGD, 1208
Aftab Automobiles Ltd is mainly a vehicle assembler and bus body fabricator operating in Bangladesh. The company has been assembling Toyota and Hino vehicles. Its activities include assembling Toyota Land Cruiser soft top and pick up, Land Cruiser Prado, Hino bus, and Hino mini bus and truck chassis, with a yearly production capacity in three shifts. Presently, the company is mainly engaged in assembling Hino bus chassis and bus body fabrication, including luxury buses that operate on routes across the country as well as international routes. The company operates through three operating segments, namely the assembling unit, motorcycle unit, and body unit, with the majority of revenue generated from the assembling unit. The company operates in Bangladesh.
66GF Score

Get the complete analysis for DHA:AFTABAUTO

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

BDT30.70
Price
BDT37.42
GF Value