PT Bumi Serpong Damai Tbk (ISX:BSDE) Scaled Net Operating Assets: 0.75 (As of Mar. 2026)

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ISX:BSDE PT Bumi Serpong Damai Tbk ISX:BSDE
86 GF Score
Price Rp575.00
GF Value Rp972.25
Valuation Possible Value Trap
! 6 Warning Signs
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What is PT Bumi Serpong Damai Tbk Scaled Net Operating Assets?

PT Bumi Serpong Damai Tbk ISX:BSDE +0.88% 86 Scaled Net Operating Assets is 0.75 as of Mar. 2026. GuruFocus rates ISX:BSDE with a GF Score™ of 86/100 and a GF Value™ of Rp972.25 (Possible Value Trap). The stock has 6 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 Bumi Serpong Damai Tbk's operating assets for the quarter that ended in Mar. 2026 was Rp68,903,230 Mil. PT Bumi Serpong Damai Tbk's operating liabilities for the quarter that ended in Mar. 2026 was Rp9,784,688 Mil. PT Bumi Serpong Damai Tbk's Total Assets for the quarter that ended in Dec. 2025 was Rp79,268,402 Mil. Therefore, PT Bumi Serpong Damai Tbk's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.75.


PT Bumi Serpong Damai Tbk Scaled Net Operating Assets Historical Data

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The historical data trend for PT Bumi Serpong Damai Tbk'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.

PT Bumi Serpong Damai Tbk Scaled Net Operating Assets Chart

PT Bumi Serpong Damai Tbk 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 0.59 0.62 0.65 0.76 0.75

PT Bumi Serpong Damai Tbk 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 0.69 0.69 0.72 0.74 0.75

PT Bumi Serpong Damai Tbk Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Development subindustry, PT Bumi Serpong Damai Tbk'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.


PT Bumi Serpong Damai Tbk Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Bumi Serpong Damai Tbk's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where PT Bumi Serpong Damai Tbk's Scaled Net Operating Assets falls into.


ISX:BSDE
86GF Score
PT Bumi Serpong Damai Tbk ISX:BSDE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Bumi Serpong Damai 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 Bumi Serpong Damai 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 )
=(67479973.422-10197033.189)/76023348.887
=0.75

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=79268402.201 - 11788428.779
=67479973.422

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=26599497.517 - 14470653.896 - 1931810.432
=10197033.189

PT Bumi Serpong Damai 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 )
=(68903229.846-9784687.835)/79268402.201
=0.75

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=80125884.897 - 11222655.051
=68903229.846

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=27257461.882 - 15751685.305 - 1721088.742
=9784687.835

* 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 0.75 mean?
PT Bumi Serpong Damai Tbk (ISX:BSDE) has a Scaled Net Operating Assets of 0.75 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 Bumi Serpong Damai Tbk and its competitors.
Is PT Bumi Serpong Damai Tbk's Scaled Net Operating Assets too high?
PT Bumi Serpong Damai Tbk's current Scaled Net Operating Assets is 0.75. Overall, PT Bumi Serpong Damai Tbk has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Bumi Serpong Damai Tbk's Scaled Net Operating Assets compare to competitors?
PT Bumi Serpong Damai Tbk's Scaled Net Operating Assets of 0.75 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Bumi Serpong Damai Tbk and its competitors. PT Bumi Serpong Damai Tbk's current Scaled Net Operating Assets is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bumi Serpong Damai Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bumi Serpong Damai Tbk (ISX:BSDE) is currently considered Possible Value Trap. The stock's GF Value™ is Rp972.25, compared to a current price of Rp575.00 — trading 40.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.75. PT Bumi Serpong Damai Tbk's overall GF Score™ is 86/100 with 6 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 Bumi Serpong Damai Tbk (ISX:BSDE), the current Scaled Net Operating Assets is 0.75 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 Bumi Serpong Damai Tbk (ISX:BSDE) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bumi Serpong Damai Tbk stock appears to be undervalued. The current stock price of Rp575.00 is trading 40.9% below its estimated GF Value™ of Rp972.25. GuruFocus considers PT Bumi Serpong Damai Tbk to be Possible Value Trap.

Key valuation signals for ISX:BSDE:

  • Scaled Net Operating Assets: 0.75
  • GF Value™: Rp972.25 vs. price of Rp575.00 (40.9% below fair value)
  • GF Score™: 86/100 with 6 warning signs

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


PT Bumi Serpong Damai Tbk Business Description

Address Sinar Mas Land Plaza, Jalan Grand Boulevard, BSD Green Office Park, BSD City, Tangerang, IDN, 15345
PT Bumi Serpong Damai Tbk is a general real estate company. The company reports five segments: real estate, property, hotel, toll road, and others. Its real estate segment, which is engaged in the development of real estate properties, generates the vast majority of the company's revenue. PT Bumi's operations are centered in Indonesia. Its property include BDS city, Grand Wista, The Armont Residences, etc.
86GF Score

Get the complete analysis for ISX:BSDE

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

Rp575.00
Price
Rp972.25
GF Value