PT Cahaya Aero Services Tbk (ISX:CASS) Scaled Net Operating Assets: 0.23 (As of Jun. 2026)

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ISX:CASS PT Cahaya Aero Services Tbk ISX:CASS
86 GF Score
Price Rp1,890.00
GF Value Rp2,002.18
Valuation Fairly Valued
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What is PT Cahaya Aero Services Tbk Scaled Net Operating Assets?

PT Cahaya Aero Services Tbk ISX:CASS 86 Scaled Net Operating Assets is 0.23 as of Jun. 2026. GuruFocus rates ISX:CASS with a GF Score™ of 86/100 and a GF Value™ of Rp2,002.18 (Fairly Valued).

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

PT Cahaya Aero Services Tbk's operating assets for the quarter that ended in Jun. 2026 was Rp1,448,319 Mil. PT Cahaya Aero Services Tbk's operating liabilities for the quarter that ended in Jun. 2026 was Rp698,925 Mil. PT Cahaya Aero Services Tbk's Total Assets for the quarter that ended in Mar. 2026 was Rp3,283,465 Mil. Therefore, PT Cahaya Aero Services Tbk's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.23.


PT Cahaya Aero Services Tbk Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for PT Cahaya Aero Services 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 Cahaya Aero Services Tbk Scaled Net Operating Assets Chart

PT Cahaya Aero Services 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 0.22 0.32 0.42 0.16 0.24

PT Cahaya Aero Services Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.16 0.16 0.22 0.21 0.23

ISX:CASS vs JOBY, CAAP: Scaled Net Operating Assets Comparison

For the Airports & Air Services subindustry, PT Cahaya Aero Services 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 Cahaya Aero Services Tbk Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, PT Cahaya Aero Services Tbk's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where PT Cahaya Aero Services Tbk's Scaled Net Operating Assets falls into.


ISX:CASS
86GF Score
PT Cahaya Aero Services Tbk ISX:CASS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Cahaya Aero Services 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 Cahaya Aero Services 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 )
=(1456023-820312)/2655770
=0.24

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3230133 - 1774110
=1456023

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=978840 - 94152 - 64376
=820312

PT Cahaya Aero Services Tbk's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(1448319-698925)/3283465
=0.23

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3185475 - 1737156
=1448319

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=846645 - 90763 - 56957
=698925

* 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 0.23 mean?
PT Cahaya Aero Services Tbk (ISX:CASS) has a Scaled Net Operating Assets of 0.23 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on PT Cahaya Aero Services Tbk and its competitors.
Is PT Cahaya Aero Services Tbk's Scaled Net Operating Assets too high?
PT Cahaya Aero Services Tbk's current Scaled Net Operating Assets is 0.23. Overall, PT Cahaya Aero Services Tbk has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Cahaya Aero Services Tbk's Scaled Net Operating Assets compare to JOBY and CAAP?
PT Cahaya Aero Services Tbk's Scaled Net Operating Assets of 0.23 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 Cahaya Aero Services Tbk and its competitors. PT Cahaya Aero Services Tbk's current Scaled Net Operating Assets is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Cahaya Aero Services Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Cahaya Aero Services Tbk (ISX:CASS) is currently considered Fairly Valued. The stock's GF Value™ is Rp2,002.18, compared to a current price of Rp1,890.00 — trading 5.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.23. PT Cahaya Aero Services Tbk's overall GF Score™ is 86/100. 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 Cahaya Aero Services Tbk (ISX:CASS), the current Scaled Net Operating Assets is 0.23 as of Jun. 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 Cahaya Aero Services Tbk (ISX:CASS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Cahaya Aero Services Tbk stock appears to be undervalued. The current stock price of Rp1,890.00 is trading 5.6% below its estimated GF Value™ of Rp2,002.18. GuruFocus considers PT Cahaya Aero Services Tbk to be Fairly Valued.

Key valuation signals for ISX:CASS:

  • Scaled Net Operating Assets: 0.23
  • GF Value™: Rp2,002.18 vs. price of Rp1,890.00 (5.6% below fair value)
  • GF Score™: 86/100

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


PT Cahaya Aero Services Tbk Business Description

Address Wisma Soewarna Office, Soekarno-Hatta International Airport, 3rd Floor, Manor Building, Unit GH, Soewarna Business Park, Kelurahan Pajang, Kecamatan Benda, Jalan Raya Bandara Soekarno-Hatta, Banten, Tangerang, IDN, 15126
PT Cahaya Aero Services Tbk is engaged in the provision of aviation support services, food solutions, and facility management. The group is engaged in trading, the provision of food and beverages, warehousing, transportation support services, the repair of transportation equipment, education, and other management consulting activities and in aviation support services, catering services, and aviation-related training. The activities of the company are divided into Aviation and Non-Aviation segment. The company derives the majority of its revenue from the Aviation segment.
86GF Score

Get the complete analysis for ISX:CASS

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

Rp1,890.00
Price
Rp2,002.18
GF Value