PT Essa Industries Indonesia Tbk (ISX:ESSA) Scaled Net Operating Assets: 0.70 (As of Mar. 2026)

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ISX:ESSA PT Essa Industries Indonesia Tbk ISX:ESSA
88 GF Score
Price Rp590.00
GF Value Rp856.09
Valuation Significantly Undervalued
! 2 Warning Signs
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What is PT Essa Industries Indonesia Tbk Scaled Net Operating Assets?

PT Essa Industries Indonesia Tbk ISX:ESSA +2.61% 88 Scaled Net Operating Assets is 0.70 as of Mar. 2026. GuruFocus rates ISX:ESSA with a GF Score™ of 88/100 and a GF Value™ of Rp856.09 (Significantly Undervalued). The stock has 2 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 Essa Industries Indonesia Tbk's operating assets for the quarter that ended in Mar. 2026 was Rp8,773,451 Mil. PT Essa Industries Indonesia Tbk's operating liabilities for the quarter that ended in Mar. 2026 was Rp1,223,349 Mil. PT Essa Industries Indonesia Tbk's Total Assets for the quarter that ended in Dec. 2025 was Rp10,802,126 Mil. Therefore, PT Essa Industries Indonesia Tbk's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.70.


PT Essa Industries Indonesia Tbk Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for PT Essa Industries Indonesia 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 Essa Industries Indonesia Tbk Scaled Net Operating Assets Chart

PT Essa Industries Indonesia 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 0.89 0.87 0.66 0.73 0.69

PT Essa Industries Indonesia 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 0.72 0.71 0.75 0.76 0.70

ISX:ESSA vs DOW: Scaled Net Operating Assets Comparison

For the Chemicals subindustry, PT Essa Industries Indonesia 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 Essa Industries Indonesia Tbk Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, PT Essa Industries Indonesia Tbk's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where PT Essa Industries Indonesia Tbk's Scaled Net Operating Assets falls into.


ISX:ESSA
88GF Score
PT Essa Industries Indonesia Tbk ISX:ESSA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Essa Industries Indonesia 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 Essa Industries Indonesia 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 )
=(8701037.68-1048088.12)/11123661.811
=0.69

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10802125.815 - 2101088.135
=8701037.68

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1051078.696 - 250.607 - 2739.969
=1048088.12

PT Essa Industries Indonesia 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 )
=(8773451.387-1223348.965)/10802125.815
=0.70

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11559328.92 - 2785877.533
=8773451.387

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1225617.498 - 253.94 - 2014.593
=1223348.965

* 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 0.70 mean?
PT Essa Industries Indonesia Tbk (ISX:ESSA) has a Scaled Net Operating Assets of 0.70 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 Essa Industries Indonesia Tbk and its competitors.
Is PT Essa Industries Indonesia Tbk's Scaled Net Operating Assets too high?
PT Essa Industries Indonesia Tbk's current Scaled Net Operating Assets is 0.70. Overall, PT Essa Industries Indonesia Tbk has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Essa Industries Indonesia Tbk's Scaled Net Operating Assets compare to DOW?
PT Essa Industries Indonesia Tbk's Scaled Net Operating Assets of 0.70 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Essa Industries Indonesia Tbk and its competitors. PT Essa Industries Indonesia Tbk's current Scaled Net Operating Assets is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Essa Industries Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Essa Industries Indonesia Tbk (ISX:ESSA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp856.09, compared to a current price of Rp590.00 — trading 31.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.70. PT Essa Industries Indonesia Tbk's overall GF Score™ is 88/100 with 2 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 Essa Industries Indonesia Tbk (ISX:ESSA), the current Scaled Net Operating Assets is 0.70 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 Essa Industries Indonesia Tbk (ISX:ESSA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Essa Industries Indonesia Tbk stock appears to be undervalued. The current stock price of Rp590.00 is trading 31.1% below its estimated GF Value™ of Rp856.09. GuruFocus considers PT Essa Industries Indonesia Tbk to be Significantly Undervalued.

Key valuation signals for ISX:ESSA:

  • Scaled Net Operating Assets: 0.70
  • GF Value™: Rp856.09 vs. price of Rp590.00 (31.1% below fair value)
  • GF Score™: 88/100 with 2 warning signs

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


PT Essa Industries Indonesia Tbk Business Description

Address Jalan Prof. Dr. Satrio, Kav. 3-5, DBS Bank Tower, 18th Floor, Ciputra World 1 Jakarta, Jakarta, IDN, 12940
PT Essa Industries Indonesia Tbk owns and operates privately owned domestic liquefied petroleum gas (LPG) refinery in Indonesia. Its main business is the refining and processing of natural gas to produce LPG (mixture of Propane and Butane), condensate, methanol, carbonation and gasification of coal, or other hydrocarbon materials. The principal products of the company include LPG, Condensate and Ammonia. It is also engaged in other activities such as crude oil mining, Wholesale trade in gas, liquid and solid fuels and similar products, Gas distribution and supporting service activities related to oil and gas mining carried out on a fee or contract basis. The company's segments are; LPG refinery, Ammonia which generates key revenue, and others.
88GF Score

Get the complete analysis for ISX:ESSA

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

Rp590.00
Price
Rp856.09
GF Value