PT Indoritel Makmur Internasional Tbk (ISX:DNET) Scaled Net Operating Assets: 0.91 (As of Mar. 2026)


ISX:DNET PT Indoritel Makmur Internasional Tbk ISX:DNET
84 GF Score
Price Rp10,300.00
GF Value Rp9,993.07
Valuation Fairly Valued
! 5 Warning Signs
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What is PT Indoritel Makmur Internasional Tbk Scaled Net Operating Assets?

PT Indoritel Makmur Internasional Tbk ISX:DNET 84 Scaled Net Operating Assets is 0.91 as of Mar. 2026. GuruFocus rates ISX:DNET with a GF Score™ of 84/100 and a GF Value™ of Rp9,993.07 (Fairly Valued). The stock has 5 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 Indoritel Makmur Internasional Tbk's operating assets for the quarter that ended in Mar. 2026 was Rp22,618,119 Mil. PT Indoritel Makmur Internasional Tbk's operating liabilities for the quarter that ended in Mar. 2026 was Rp1,074,923 Mil. PT Indoritel Makmur Internasional Tbk's Total Assets for the quarter that ended in Dec. 2025 was Rp23,700,330 Mil. Therefore, PT Indoritel Makmur Internasional Tbk's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.91.


PT Indoritel Makmur Internasional Tbk Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for PT Indoritel Makmur Internasional 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 Indoritel Makmur Internasional Tbk Scaled Net Operating Assets Chart

PT Indoritel Makmur Internasional 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 0.73 0.77 0.87 0.88 0.98

PT Indoritel Makmur Internasional 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 0.85 0.87 0.89 0.94 0.91

ISX:DNET vs TMUS, VZ, T: Scaled Net Operating Assets Comparison

For the Telecom Services subindustry, PT Indoritel Makmur Internasional 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 Indoritel Makmur Internasional Tbk Scaled Net Operating Assets vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Indoritel Makmur Internasional Tbk's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where PT Indoritel Makmur Internasional Tbk's Scaled Net Operating Assets falls into.


ISX:DNET
84GF Score
PT Indoritel Makmur Internasional Tbk ISX:DNET
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indoritel Makmur Internasional 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 Indoritel Makmur Internasional 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 )
=(22061642-1126599)/21359796
=0.98

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23700330 - 1638688
=22061642

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8211386 - 6272597 - 812190
=1126599

PT Indoritel Makmur Internasional 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 )
=(22618119-1074923)/23700330
=0.91

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23728887 - 1110768
=22618119

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7999400 - 5938545 - 985932
=1074923

* 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 0.91 mean?
PT Indoritel Makmur Internasional Tbk (ISX:DNET) has a Scaled Net Operating Assets of 0.91 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 Indoritel Makmur Internasional Tbk and its competitors.
Is PT Indoritel Makmur Internasional Tbk's Scaled Net Operating Assets too high?
PT Indoritel Makmur Internasional Tbk's current Scaled Net Operating Assets is 0.91. Overall, PT Indoritel Makmur Internasional Tbk has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Indoritel Makmur Internasional Tbk's Scaled Net Operating Assets compare to TMUS and VZ?
PT Indoritel Makmur Internasional Tbk's Scaled Net Operating Assets of 0.91 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Scaled Net Operating Assets depends on the Telecommunication Services 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 Indoritel Makmur Internasional Tbk and its competitors. PT Indoritel Makmur Internasional Tbk's current Scaled Net Operating Assets is 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indoritel Makmur Internasional Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indoritel Makmur Internasional Tbk (ISX:DNET) is currently considered Fairly Valued. The stock's GF Value™ is Rp9,993.07, compared to a current price of Rp10,300.00 — trading 3.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.91. PT Indoritel Makmur Internasional Tbk's overall GF Score™ is 84/100 with 5 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 Indoritel Makmur Internasional Tbk (ISX:DNET), the current Scaled Net Operating Assets is 0.91 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 Indoritel Makmur Internasional Tbk (ISX:DNET) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indoritel Makmur Internasional Tbk stock appears to be overvalued. The current stock price of Rp10,300.00 is trading 3.1% above its estimated GF Value™ of Rp9,993.07. GuruFocus considers PT Indoritel Makmur Internasional Tbk to be Fairly Valued.

Key valuation signals for ISX:DNET:

  • Scaled Net Operating Assets: 0.91
  • GF Value™: Rp9,993.07 vs. price of Rp10,300.00 (3.1% above fair value)
  • GF Score™: 84/100 with 5 warning signs

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


PT Indoritel Makmur Internasional Tbk Business Description

Address Jalan Jenderal Sudirman Kav. 70-71, Gedung Wisma Indocement Lantai 10, South Jakarta, Jakarta, IDN, 12910
PT Indoritel Makmur Internasional Tbk is an investment holding company. The company, through its subsidiaries, is engaged in providing infrastructure through fiber optic media and serving telecommunication services ranging from data communication to interactive video, managing SDWAN services, and a variety of other Internet of Things (IoT) derivatives. Its segments are the Corporate segment, the Retail segment, and Others. It generates the majority of revenue from the Corporate segment. The Corporate Business Segment provides fiber-optic-based telecommunications data connection service products for business customers, such as Last Mile Solution, Fiberization, IP Transit, IEPL, MPLS, and DWDM, to other telecommunications operators and international customers.
84GF Score

Get the complete analysis for ISX:DNET

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

Rp10,300.00
Price
Rp9,993.07
GF Value