Linde Bangladesh (DHA:LINDEBD) Scaled Net Operating Assets: 0.43 (As of Mar. 2026)


DHA:LINDEBD Linde Bangladesh Ltd DHA:LINDEBD
75 GF Score
Price BDT714.40
GF Value BDT851.24
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Linde Bangladesh Scaled Net Operating Assets?

Linde Bangladesh DHA:LINDEBD -0.11% 75 Scaled Net Operating Assets is 0.43 as of Mar. 2026. GuruFocus rates DHA:LINDEBD with a GF Score™ of 75/100 and a GF Value™ of BDT851.24 (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.

Linde Bangladesh's operating assets for the quarter that ended in Mar. 2026 was BDT4,083 Mil. Linde Bangladesh's operating liabilities for the quarter that ended in Mar. 2026 was BDT1,874 Mil. Linde Bangladesh's Total Assets for the quarter that ended in Dec. 2025 was BDT5,130 Mil. Therefore, Linde Bangladesh's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.43.


Linde Bangladesh Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Linde 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.

Linde Bangladesh Scaled Net Operating Assets Chart

Linde 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 0.38 0.42 0.41 0.24 0.36

Linde 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 0.45 0.30 0.41 0.41 0.43

DHA:LINDEBD vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Linde 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.


Linde Bangladesh Scaled Net Operating Assets vs Chemicals Industry

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

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


DHA:LINDEBD
75GF Score
Linde Bangladesh Ltd DHA:LINDEBD
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Linde 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.

Linde 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 )
=(4014.853-1905.242)/5937.818
=0.36

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5130.388 - 1115.535
=4014.853

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1930.685 - 21.899 - 3.544
=1905.242

Linde 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 )
=(4083.454-1873.631)/5130.388
=0.43

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5209.435 - 1125.981
=4083.454

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1898.985 - 21.665 - 3.689
=1873.631

* 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 0.43 mean?
Linde Bangladesh (DHA:LINDEBD) has a Scaled Net Operating Assets of 0.43 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 Linde Bangladesh and its competitors.
Is Linde Bangladesh's Scaled Net Operating Assets too high?
Linde Bangladesh's current Scaled Net Operating Assets is 0.43. Overall, Linde Bangladesh has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Linde Bangladesh's Scaled Net Operating Assets compare to LIN and SHW?
Linde Bangladesh's Scaled Net Operating Assets of 0.43 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Linde Bangladesh and its competitors. Linde Bangladesh's current Scaled Net Operating Assets is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linde Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, Linde Bangladesh (DHA:LINDEBD) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT851.24, compared to a current price of BDT714.40 — trading 16.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.43. Linde Bangladesh's overall GF Score™ is 75/100 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 Linde Bangladesh (DHA:LINDEBD), the current Scaled Net Operating Assets is 0.43 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 Linde Bangladesh (DHA:LINDEBD) Overvalued in 2026?

Based on GuruFocus' analysis, Linde Bangladesh stock appears to be undervalued. The current stock price of BDT714.40 is trading 16.1% below its estimated GF Value™ of BDT851.24. GuruFocus considers Linde Bangladesh to be Modestly Undervalued.

Key valuation signals for DHA:LINDEBD:

  • Scaled Net Operating Assets: 0.43
  • GF Value™: BDT851.24 vs. price of BDT714.40 (16.1% below fair value)
  • GF Score™: 75/100 with 4 warning signs

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


Linde Bangladesh Business Description

Address 285 Tejgaon Industrial Area, Dhaka, BGD, 1208
Linde Bangladesh Ltd is a multinational industrial and medical gases company. The company provides products and services within a specific economic environment and supplies customers across a wide spectrum of industries ranging from chemicals and petrochemicals to steel. It operates 2 Air Separation Units (ASUs), 2 carbon dioxide manufacturing plants, and a DA manufacturing plant in the country. It serves various end markets such as chemicals and energy, food, beverage, electronics, healthcare, manufacturing, metals, defense, infrastructure, aerospace, and institutions. Its segments include Bulk Gases; Packaged Gas and Products; and the Healthcare business, which generates maximum revenue and comprises various medical gases, medical equipment, and medical pipelines.
75GF Score

Get the complete analysis for DHA:LINDEBD

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

BDT714.40
Price
BDT851.24
GF Value