PT Erajaya Swasembada Tbk (ISX:ERAA) Scaled Net Operating Assets: 0.68 (As of Mar. 2026)


ISX:ERAA PT Erajaya Swasembada Tbk ISX:ERAA
92 GF Score
Price Rp342.00
GF Value Rp536.55
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is PT Erajaya Swasembada Tbk Scaled Net Operating Assets?

PT Erajaya Swasembada Tbk ISX:ERAA -6.56% 92 Scaled Net Operating Assets is 0.68 as of Mar. 2026. GuruFocus rates ISX:ERAA with a GF Score™ of 92/100 and a GF Value™ of Rp536.55 (Significantly Undervalued). 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 Erajaya Swasembada Tbk's operating assets for the quarter that ended in Mar. 2026 was Rp29,429,984 Mil. PT Erajaya Swasembada Tbk's operating liabilities for the quarter that ended in Mar. 2026 was Rp9,840,955 Mil. PT Erajaya Swasembada Tbk's Total Assets for the quarter that ended in Dec. 2025 was Rp28,856,532 Mil. Therefore, PT Erajaya Swasembada Tbk's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.68.


PT Erajaya Swasembada Tbk Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for PT Erajaya Swasembada 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 Erajaya Swasembada Tbk Scaled Net Operating Assets Chart

PT Erajaya Swasembada 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 0.72 0.97 0.76 0.68 0.80

PT Erajaya Swasembada 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 0.71 0.71 0.59 0.61 0.68

ISX:ERAA vs CASY, WSM, DKS: Scaled Net Operating Assets Comparison

For the Specialty Retail subindustry, PT Erajaya Swasembada 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 Erajaya Swasembada Tbk Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Erajaya Swasembada Tbk's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where PT Erajaya Swasembada Tbk's Scaled Net Operating Assets falls into.


ISX:ERAA
92GF Score
PT Erajaya Swasembada Tbk ISX:ERAA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Erajaya Swasembada 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 Erajaya Swasembada 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 )
=(26725508.625-9279492.073)/21774390.259
=0.80

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=28856532.135 - 2131023.51
=26725508.625

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18679235.13 - 1033464.734 - 8366278.323
=9279492.073

PT Erajaya Swasembada 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 )
=(29429984.383-9840954.852)/28856532.135
=0.68

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=31585761.929 - 2155777.546
=29429984.383

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=20633911.952 - 3059707.271 - 7733249.829
=9840954.852

* 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 0.68 mean?
PT Erajaya Swasembada Tbk (ISX:ERAA) has a Scaled Net Operating Assets of 0.68 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 Erajaya Swasembada Tbk and its competitors.
Is PT Erajaya Swasembada Tbk's Scaled Net Operating Assets too high?
PT Erajaya Swasembada Tbk's current Scaled Net Operating Assets is 0.68. Overall, PT Erajaya Swasembada Tbk has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Erajaya Swasembada Tbk's Scaled Net Operating Assets compare to CASY and WSM?
PT Erajaya Swasembada Tbk's Scaled Net Operating Assets of 0.68 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 Erajaya Swasembada Tbk and its competitors. PT Erajaya Swasembada Tbk's current Scaled Net Operating Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Erajaya Swasembada Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Erajaya Swasembada Tbk (ISX:ERAA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp536.55, compared to a current price of Rp342.00 — trading 36.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.68. PT Erajaya Swasembada Tbk's overall GF Score™ is 92/100 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 Erajaya Swasembada Tbk (ISX:ERAA), the current Scaled Net Operating Assets is 0.68 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 Erajaya Swasembada Tbk (ISX:ERAA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Erajaya Swasembada Tbk stock appears to be undervalued. The current stock price of Rp342.00 is trading 36.3% below its estimated GF Value™ of Rp536.55. GuruFocus considers PT Erajaya Swasembada Tbk to be Significantly Undervalued.

Key valuation signals for ISX:ERAA:

  • Scaled Net Operating Assets: 0.68
  • GF Value™: Rp536.55 vs. price of Rp342.00 (36.3% below fair value)
  • GF Score™: 92/100 with 3 warning signs

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


PT Erajaya Swasembada Tbk Business Description

Address Jl. Bandengan Selatan No.19-20, Pekojan - Tambora, Jakarta Barat, IDN, 11240
PT Erajaya Swasembada Tbk its activities comprises, among others, large trading, activities and services; and industry. The main activities includes distribution and trading of telecommunication equipment such as cellular phones, Subscriber Identity Module Card (SIM), vouchers for cell phone, computer and other electronic devices, property business, providing information technology system, managing service and customer relationship, trading of medical equipment, trading of pharmacy products, trading of cosmetics, food and beverage and restaurant. Its segments are Cellular phones and tablet, Operator products, Computer & other electronic devices, Accessories and others of which majority of revenue comes from Cellular phones and tablets. Geographically majority of sales is from Central area.
92GF Score

Get the complete analysis for ISX:ERAA

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

Rp342.00
Price
Rp536.55
GF Value