PT Gunawan Dianjaya Steel Tbk (ISX:GDST) Scaled Net Operating Assets: 0.52 (As of Mar. 2026)


ISX:GDST PT Gunawan Dianjaya Steel Tbk ISX:GDST
63 GF Score
Price Rp80.00
GF Value Rp89.89
Valuation Modestly Undervalued
! 7 Warning Signs
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What is PT Gunawan Dianjaya Steel Tbk Scaled Net Operating Assets?

PT Gunawan Dianjaya Steel Tbk ISX:GDST -4.76% 63 Scaled Net Operating Assets is 0.52 as of Mar. 2026. GuruFocus rates ISX:GDST with a GF Score™ of 63/100 and a GF Value™ of Rp89.89 (Modestly Undervalued). The stock has 7 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 Gunawan Dianjaya Steel Tbk's operating assets for the quarter that ended in Mar. 2026 was Rp2,276,289 Mil. PT Gunawan Dianjaya Steel Tbk's operating liabilities for the quarter that ended in Mar. 2026 was Rp452,200 Mil. PT Gunawan Dianjaya Steel Tbk's Total Assets for the quarter that ended in Dec. 2025 was Rp3,495,705 Mil. Therefore, PT Gunawan Dianjaya Steel Tbk's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.52.


PT Gunawan Dianjaya Steel Tbk Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for PT Gunawan Dianjaya Steel 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 Gunawan Dianjaya Steel Tbk Scaled Net Operating Assets Chart

PT Gunawan Dianjaya Steel 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 0.62 0.66 0.66 0.70 0.66

PT Gunawan Dianjaya Steel 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 0.60 0.57 0.51 0.60 0.52

ISX:GDST vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, PT Gunawan Dianjaya Steel 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 Gunawan Dianjaya Steel Tbk Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, PT Gunawan Dianjaya Steel Tbk's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where PT Gunawan Dianjaya Steel Tbk's Scaled Net Operating Assets falls into.


ISX:GDST
63GF Score
PT Gunawan Dianjaya Steel Tbk ISX:GDST
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Gunawan Dianjaya Steel 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 Gunawan Dianjaya Steel 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 )
=(2408099.67-586684.13)/2755475.159
=0.66

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3495704.842 - 1087605.172
=2408099.67

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2085397.95 - 122000 - 1376713.82
=586684.13

PT Gunawan Dianjaya Steel 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 )
=(2276289.435-452200.472)/3495704.842
=0.52

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3412999.215 - 1136709.78
=2276289.435

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1989306.853 - 130500 - 1406606.381
=452200.472

* 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 0.52 mean?
PT Gunawan Dianjaya Steel Tbk (ISX:GDST) has a Scaled Net Operating Assets of 0.52 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 Gunawan Dianjaya Steel Tbk and its competitors.
Is PT Gunawan Dianjaya Steel Tbk's Scaled Net Operating Assets too high?
PT Gunawan Dianjaya Steel Tbk's current Scaled Net Operating Assets is 0.52. Overall, PT Gunawan Dianjaya Steel Tbk has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Gunawan Dianjaya Steel Tbk's Scaled Net Operating Assets compare to NUE and STLD?
PT Gunawan Dianjaya Steel Tbk's Scaled Net Operating Assets of 0.52 can be compared against companies in the Steel 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 Steel company?
A good Scaled Net Operating Assets depends on the Steel 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 Gunawan Dianjaya Steel Tbk and its competitors. PT Gunawan Dianjaya Steel Tbk's current Scaled Net Operating Assets is 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Gunawan Dianjaya Steel Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Gunawan Dianjaya Steel Tbk (ISX:GDST) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp89.89, compared to a current price of Rp80.00 — trading 11% below its estimated fair value. The current Scaled Net Operating Assets is 0.52. PT Gunawan Dianjaya Steel Tbk's overall GF Score™ is 63/100 with 7 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 Gunawan Dianjaya Steel Tbk (ISX:GDST), the current Scaled Net Operating Assets is 0.52 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 Gunawan Dianjaya Steel Tbk (ISX:GDST) Overvalued in 2026?

Based on GuruFocus' analysis, PT Gunawan Dianjaya Steel Tbk stock appears to be undervalued. The current stock price of Rp80.00 is trading 11% below its estimated GF Value™ of Rp89.89. GuruFocus considers PT Gunawan Dianjaya Steel Tbk to be Modestly Undervalued.

Key valuation signals for ISX:GDST:

  • Scaled Net Operating Assets: 0.52
  • GF Value™: Rp89.89 vs. price of Rp80.00 (11% below fair value)
  • GF Score™: 63/100 with 7 warning signs

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


PT Gunawan Dianjaya Steel Tbk Business Description

Address Jalan Margomulyo 29A, Tambak Sarioso, Asemrowo, Jawa Timur, Surabaya, IDN, 60184
PT Gunawan Dianjaya Steel Tbk is an Indonesian steel plate manufacturing (re-rolling) company. It is engaged in the manufacture of Hot Rolled Steel Plate. Its products include Low carbon Structural Steel Plates, High Strength Low Alloy Structural Steel Plates, Steel plates for boilers and pressure vessels, Steel plates for ship building including Hull Structural Steel Plates (Mild Steels), and High Strength Hull Structural Steel Plates (High Tensile Steels). It operates in single segment of manufacturing of hot rolled steel in Indonesia.
63GF Score

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

Rp80.00
Price
Rp89.89
GF Value