PT Hexindo Adiperkasa Tbk (ISX:HEXA) Scaled Net Operating Assets: 0.56 (As of Dec. 2025)


ISX:HEXA PT Hexindo Adiperkasa Tbk ISX:HEXA
88 GF Score
Price Rp4,320.00
GF Value Rp5,604.35
Valuation Modestly Undervalued
! 6 Warning Signs
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What is PT Hexindo Adiperkasa Tbk Scaled Net Operating Assets?

PT Hexindo Adiperkasa Tbk ISX:HEXA +0.70% 88 Scaled Net Operating Assets is 0.56 as of Dec. 2025. GuruFocus rates ISX:HEXA with a GF Score™ of 88/100 and a GF Value™ of Rp5,604.35 (Modestly Undervalued). The stock has 6 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 Hexindo Adiperkasa Tbk's operating assets for the quarter that ended in Dec. 2025 was Rp6,850,874 Mil. PT Hexindo Adiperkasa Tbk's operating liabilities for the quarter that ended in Dec. 2025 was Rp2,696,313 Mil. PT Hexindo Adiperkasa Tbk's Total Assets for the quarter that ended in Sep. 2025 was Rp7,457,326 Mil. Therefore, PT Hexindo Adiperkasa Tbk's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.56.


PT Hexindo Adiperkasa Tbk Scaled Net Operating Assets Historical Data

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The historical data trend for PT Hexindo Adiperkasa 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 Hexindo Adiperkasa Tbk Scaled Net Operating Assets Chart

PT Hexindo Adiperkasa Tbk Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.58 0.85 0.59 0.82

PT Hexindo Adiperkasa Tbk Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.67 0.76 0.69 0.60 0.56

ISX:HEXA vs GWW, FAST, FERG: Scaled Net Operating Assets Comparison

For the Industrial Distribution subindustry, PT Hexindo Adiperkasa 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 Hexindo Adiperkasa Tbk Scaled Net Operating Assets vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, PT Hexindo Adiperkasa Tbk's Scaled Net Operating Assets distribution charts can be found below:

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


ISX:HEXA
88GF Score
PT Hexindo Adiperkasa Tbk ISX:HEXA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Hexindo Adiperkasa 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 Hexindo Adiperkasa Tbk's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2025 )
=(Operating Assets (A: Mar. 2025 )-Operating Liabilities (A: Mar. 2025 ))/Total Assets (A: Mar. 2024 )
=(7232366.949-1964651.556)/6430340.543
=0.82

where

Operating Assets(A: Mar. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7525542.973 - 293176.024
=7232366.949

Operating Liabilities(A: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4708388.504 - 5204.113 - 2738532.835
=1964651.556

PT Hexindo Adiperkasa Tbk's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Sep. 2025 )
=(6850873.867-2696312.904)/7457326.334
=0.56

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7215339.815 - 364465.948
=6850873.867

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4410246.814 - 5229.33 - 1708704.58
=2696312.904

* 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 0.56 mean?
PT Hexindo Adiperkasa Tbk (ISX:HEXA) has a Scaled Net Operating Assets of 0.56 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on PT Hexindo Adiperkasa Tbk and its competitors.
Is PT Hexindo Adiperkasa Tbk's Scaled Net Operating Assets too high?
PT Hexindo Adiperkasa Tbk's current Scaled Net Operating Assets is 0.56. Overall, PT Hexindo Adiperkasa Tbk has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Hexindo Adiperkasa Tbk's Scaled Net Operating Assets compare to GWW and FAST?
PT Hexindo Adiperkasa Tbk's Scaled Net Operating Assets of 0.56 can be compared against companies in the Industrial Distribution 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 an Industrial Distribution company?
A good Scaled Net Operating Assets depends on the Industrial Distribution 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 Hexindo Adiperkasa Tbk and its competitors. PT Hexindo Adiperkasa Tbk's current Scaled Net Operating Assets is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Hexindo Adiperkasa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Hexindo Adiperkasa Tbk (ISX:HEXA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp5,604.35, compared to a current price of Rp4,320.00 — trading 22.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.56. PT Hexindo Adiperkasa Tbk's overall GF Score™ is 88/100 with 6 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 Hexindo Adiperkasa Tbk (ISX:HEXA), the current Scaled Net Operating Assets is 0.56 as of Dec. 2025. 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 Hexindo Adiperkasa Tbk (ISX:HEXA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Hexindo Adiperkasa Tbk stock appears to be undervalued. The current stock price of Rp4,320.00 is trading 22.9% below its estimated GF Value™ of Rp5,604.35. GuruFocus considers PT Hexindo Adiperkasa Tbk to be Modestly Undervalued.

Key valuation signals for ISX:HEXA:

  • Scaled Net Operating Assets: 0.56
  • GF Value™: Rp5,604.35 vs. price of Rp4,320.00 (22.9% below fair value)
  • GF Score™: 88/100 with 6 warning signs

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


PT Hexindo Adiperkasa Tbk Business Description

Other Exchanges HX1A:Germany
Address Jalan Pulo Kambing II, Kav. I-II No. 33, Kawasan Industri Pulogadung, Jakarta, IDN, 13930
PT Hexindo Adiperkasa Tbk distributes heavy equipment and spare parts in Indonesia. Its products include Mini Excavators, Medium Excavators, Large Excavators / Loading Shovels, Wheel Loaders, Rigid Frame Trucks, BELL Articulated Dump Trucks, Used Equipment, ConSite, and Industry Solutions. The company serves the mining, construction, agribusiness, and forestry industries. It has branches and representative offices across Indonesia, including Banda Aceh, Medan, Jakarta, Semarang, Balikpapan, Samarinda, Jayapura, Makassar, Palu, and Kendari, among others.
88GF Score

Get the complete analysis for ISX:HEXA

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

Rp4,320.00
Price
Rp5,604.35
GF Value