PT Asuransi Ramayana Tbk (ISX:ASRM) Scaled Net Operating Assets: 0.42 (As of Mar. 2026)

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ISX:ASRM PT Asuransi Ramayana Tbk ISX:ASRM
55 GF Score
Price Rp250.00
GF Value Rp254.21
Valuation Fairly Valued
! 3 Warning Signs
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What is PT Asuransi Ramayana Tbk Scaled Net Operating Assets?

PT Asuransi Ramayana Tbk ISX:ASRM +0.81% 55 Scaled Net Operating Assets is 0.42 as of Mar. 2026. GuruFocus rates ISX:ASRM with a GF Score™ of 55/100 and a GF Value™ of Rp254.21 (Fairly Valued). The stock has 3 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.

PT Asuransi Ramayana Tbk's operating assets for the quarter that ended in Mar. 2026 was Rp1,400,314 Mil. PT Asuransi Ramayana Tbk's operating liabilities for the quarter that ended in Mar. 2026 was Rp812,774 Mil. PT Asuransi Ramayana Tbk's Total Assets for the quarter that ended in Dec. 2025 was Rp1,392,681 Mil. Therefore, PT Asuransi Ramayana Tbk's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.42.

ISX:ASRM
55GF Score
PT Asuransi Ramayana Tbk ISX:ASRM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Asuransi Ramayana Tbk 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.

PT Asuransi Ramayana Tbk'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 )
=(1321029.327-540584.73)/1571207.048
=0.50

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1392680.716 - 71651.389
=1321029.327

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=684901.338 - 140688.776 - 3627.832
=540584.73

PT Asuransi Ramayana Tbk'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 )
=(1400313.741-812774.482)/1392680.716
=0.42

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1669228.311 - 268914.57
=1400313.741

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=952324.877 - 136938.776 - 2611.619
=812774.482

* 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 0.42 mean?
PT Asuransi Ramayana Tbk (ISX:ASRM) has a Scaled Net Operating Assets of 0.42 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 PT Asuransi Ramayana Tbk and its competitors.
Is PT Asuransi Ramayana Tbk's Scaled Net Operating Assets too high?
PT Asuransi Ramayana Tbk's current Scaled Net Operating Assets is 0.42. Overall, PT Asuransi Ramayana Tbk has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Asuransi Ramayana Tbk's Scaled Net Operating Assets compare to CB and PGR?
PT Asuransi Ramayana Tbk's Scaled Net Operating Assets of 0.42 can be compared against companies in the Insurance 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 Insurance company?
A good Scaled Net Operating Assets depends on the Insurance 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 PT Asuransi Ramayana Tbk and its competitors. PT Asuransi Ramayana Tbk's current Scaled Net Operating Assets is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Asuransi Ramayana Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Asuransi Ramayana Tbk (ISX:ASRM) is currently considered Fairly Valued. The stock's GF Value™ is Rp254.21, compared to a current price of Rp250.00 — trading 1.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.42. PT Asuransi Ramayana Tbk's overall GF Score™ is 55/100 with 3 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 PT Asuransi Ramayana Tbk (ISX:ASRM), the current Scaled Net Operating Assets is 0.42 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 PT Asuransi Ramayana Tbk (ISX:ASRM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Asuransi Ramayana Tbk stock appears to be undervalued. The current stock price of Rp250.00 is trading 1.7% below its estimated GF Value™ of Rp254.21. GuruFocus considers PT Asuransi Ramayana Tbk to be Fairly Valued.

Key valuation signals for ISX:ASRM:

  • Scaled Net Operating Assets: 0.42
  • GF Value™: Rp254.21 vs. price of Rp250.00 (1.7% below fair value)
  • GF Score™: 55/100 with 3 warning signs

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

PT Asuransi Ramayana Tbk Business Description

Address Jalan Kebon Sirih No. 49, Jakarta, IDN, 10340
PT Asuransi Ramayana Tbk is an Indonesia-based company engaged in the general insurance business. The products of the company include property insurance, motor vehicle insurance, engineering insurance, marine insurance, health insurance, aviation insurance, electronic equipment insurance, machinery breakdown insurance, personal accident insurance, money insurance, surety bonds, and others. The firm operates through the General Insurance and Office Building Rental segments.
55GF Score

Get the complete analysis for ISX:ASRM

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

Rp250.00
Price
Rp254.21
GF Value