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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.
MJL Bangladesh's operating assets for the quarter that ended in Mar. 2026 was BDT61,799 Mil. MJL Bangladesh's operating liabilities for the quarter that ended in Mar. 2026 was BDT12,436 Mil. MJL Bangladesh's Total Assets for the quarter that ended in Dec. 2025 was BDT53,050 Mil. Therefore, MJL Bangladesh's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.93.
MJL Bangladesh Scaled Net Operating Assets Related Terms
MJL Bangladesh Scaled Net Operating Assets Historical Data
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The historical data trend for MJL 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.
DHA:MJLBD vs VLO, MPC, PSX: Scaled Net Operating Assets Comparison
For the Oil & Gas Refining & Marketing subindustry, MJL 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.
MJL Bangladesh Scaled Net Operating Assets vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, MJL Bangladesh's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where MJL Bangladesh'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 0.93 mean?
MJL Bangladesh (DHA:MJLBD) has a Scaled Net Operating Assets of 0.93 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 MJL Bangladesh and its competitors.
Is MJL Bangladesh's Scaled Net Operating Assets too high?
MJL Bangladesh's current Scaled Net Operating Assets is 0.93. Overall, MJL Bangladesh has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MJL Bangladesh's Scaled Net Operating Assets compare to VLO and MPC?
MJL Bangladesh's Scaled Net Operating Assets of 0.93 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas 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 MJL Bangladesh and its competitors. MJL Bangladesh's current Scaled Net Operating Assets is 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MJL Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, MJL Bangladesh (DHA:MJLBD) is currently considered Fairly Valued. The stock's GF Value™ is BDT96.24, compared to a current price of BDT94.10 — trading 2.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.93. MJL Bangladesh's overall GF Score™ is 100/100 with 10 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 MJL Bangladesh (DHA:MJLBD), the current Scaled Net Operating Assets is 0.93 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 MJL Bangladesh (DHA:MJLBD) Overvalued in 2026?
Based on GuruFocus' analysis, MJL Bangladesh stock appears to be undervalued.
The current stock price of BDT94.10 is trading 2.2% below its estimated GF Value™ of BDT96.24.
GuruFocus considers MJL Bangladesh to be Fairly Valued.
Key valuation signals for DHA:MJLBD:
Scaled Net Operating Assets: 0.93
GF Value™: BDT96.24 vs. price of BDT94.10 (2.2% below fair value)
No single metric tells the full story. See the DHA:MJLBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MJL Bangladesh PLC is engaged in the blending and marketing of internationally recognised Mobil-branded lubricants in Bangladesh and is also diversified into lube oil trading and oil tanker operations. The Company serves the lubricant market across both the B2B (business-to-business) and B2C (business-to-consumer) segments. The B2B market segments served comprise industrial lubricants, marine lubricants and aviation lubricants, while the B2C market segments served comprise passenger vehicle lubricants, commercial vehicle lubricants and aviation lubricants. The Company also has a small e-commerce sales channel through its Lube Solution digital app and a modest export presence through sales in Nepal. Its operations and distribution network extend across Bangladesh.
100GF Score
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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