LafargeHolcim Bangladesh (DHA:LHB) Scaled Net Operating Assets: 0.39 (As of Mar. 2026)


DHA:LHB LafargeHolcim Bangladesh PLC DHA:LHB
89 GF Score
Price BDT55.50
GF Value BDT60.26
Valuation Fairly Valued
! 2 Warning Signs
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What is LafargeHolcim Bangladesh Scaled Net Operating Assets?

LafargeHolcim Bangladesh DHA:LHB -0.89% 89 Scaled Net Operating Assets is 0.39 as of Mar. 2026. GuruFocus rates DHA:LHB with a GF Score™ of 89/100 and a GF Value™ of BDT60.26 (Fairly Valued). The stock has 2 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.

LafargeHolcim Bangladesh's operating assets for the quarter that ended in Mar. 2026 was BDT35,462 Mil. LafargeHolcim Bangladesh's operating liabilities for the quarter that ended in Mar. 2026 was BDT19,285 Mil. LafargeHolcim Bangladesh's Total Assets for the quarter that ended in Dec. 2025 was BDT41,377 Mil. Therefore, LafargeHolcim Bangladesh's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.39.

LafargeHolcim Bangladesh Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for LafargeHolcim Bangladesh'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.

LafargeHolcim Bangladesh Scaled Net Operating Assets Chart

LafargeHolcim Bangladesh Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.45 0.45 0.26 0.27

LafargeHolcim Bangladesh 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 0.41 0.33 0.38 0.28 0.39

DHA:LHB vs CRH, VMC, MLM: Scaled Net Operating Assets Comparison

For the Building Materials subindustry, LafargeHolcim Bangladesh'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.

LafargeHolcim Bangladesh Scaled Net Operating Assets vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, LafargeHolcim Bangladesh's Scaled Net Operating Assets distribution charts can be found below:

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


DHA:LHB
89GF Score
LafargeHolcim Bangladesh PLC DHA:LHB
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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LafargeHolcim Bangladesh 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.

LafargeHolcim Bangladesh's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(31905.345-22213.806)/36576.79
=0.26

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=41376.674 - 9471.329
=31905.345

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=22313.344 - 60.814 - 38.724
=22213.806

LafargeHolcim Bangladesh'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 )
=(35462.308-19285.331)/41376.674
=0.39

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=39501.761 - 4039.453
=35462.308

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19378.582 - 59.321 - 33.93
=19285.331

* 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 0.39 mean?
LafargeHolcim Bangladesh (DHA:LHB) has a Scaled Net Operating Assets of 0.39 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 LafargeHolcim Bangladesh and its competitors.
Is LafargeHolcim Bangladesh's Scaled Net Operating Assets too high?
LafargeHolcim Bangladesh's current Scaled Net Operating Assets is 0.39. Overall, LafargeHolcim Bangladesh has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does LafargeHolcim Bangladesh's Scaled Net Operating Assets compare to CRH and VMC?
LafargeHolcim Bangladesh's Scaled Net Operating Assets of 0.39 can be compared against companies in the Building Materials 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 Building Materials company?
A good Scaled Net Operating Assets depends on the Building Materials 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 LafargeHolcim Bangladesh and its competitors. LafargeHolcim Bangladesh's current Scaled Net Operating Assets is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LafargeHolcim Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, LafargeHolcim Bangladesh (DHA:LHB) is currently considered Fairly Valued. The stock's GF Value™ is BDT60.26, compared to a current price of BDT55.50 — trading 7.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.39. LafargeHolcim Bangladesh's overall GF Score™ is 89/100 with 2 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 LafargeHolcim Bangladesh (DHA:LHB), the current Scaled Net Operating Assets is 0.39 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 LafargeHolcim Bangladesh (DHA:LHB) Overvalued in 2026?

Based on GuruFocus' analysis, LafargeHolcim Bangladesh stock appears to be undervalued. The current stock price of BDT55.50 is trading 7.9% below its estimated GF Value™ of BDT60.26. GuruFocus considers LafargeHolcim Bangladesh to be Fairly Valued.

Key valuation signals for DHA:LHB:

  • Scaled Net Operating Assets: 0.39
  • GF Value™: BDT60.26 vs. price of BDT55.50 (7.9% below fair value)
  • GF Score™: 89/100 with 2 warning signs

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

LafargeHolcim Bangladesh Business Description

Address Tejgaon Gulshan Link Road, NinaKabbo, Level-7, 227/A Bir Uttam Mir Shawkat Sarak, Dhaka, BGD, 1208
LafargeHolcim Bangladesh PLC is a frontline cement producer in Bangladesh. The company is engaged in the manufacturing and marketing cement in the local and international market. It operates a cement manufacturing plant at Chhatak. Company has divided it's operations in two business segments namely, Clinker and cement and Aggregates and derives majority revenue from the Clinker and cement segment.
89GF Score

Get the complete analysis for DHA:LHB

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

BDT55.50
Price
BDT60.26
GF Value