PT Indal Aluminium Industry Tbk (ISX:INAI) Scaled Net Operating Assets: 0.60 (As of Mar. 2026)


ISX:INAI PT Indal Aluminium Industry Tbk ISX:INAI
56 GF Score
Price Rp128.00
GF Value Rp118.90
Valuation Fairly Valued
! 4 Warning Signs
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What is PT Indal Aluminium Industry Tbk Scaled Net Operating Assets?

PT Indal Aluminium Industry Tbk ISX:INAI -6.57% 56 Scaled Net Operating Assets is 0.60 as of Mar. 2026. GuruFocus rates ISX:INAI with a GF Score™ of 56/100 and a GF Value™ of Rp118.90 (Fairly Valued). The stock has 4 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 Indal Aluminium Industry Tbk's operating assets for the quarter that ended in Mar. 2026 was Rp1,150,682 Mil. PT Indal Aluminium Industry Tbk's operating liabilities for the quarter that ended in Mar. 2026 was Rp435,245 Mil. PT Indal Aluminium Industry Tbk's Total Assets for the quarter that ended in Dec. 2025 was Rp1,198,228 Mil. Therefore, PT Indal Aluminium Industry Tbk's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.60.


PT Indal Aluminium Industry Tbk Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for PT Indal Aluminium Industry 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 Indal Aluminium Industry Tbk Scaled Net Operating Assets Chart

PT Indal Aluminium Industry 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 0.76 0.68 0.67 0.61 0.64

PT Indal Aluminium Industry 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 0.70 0.69 0.67 0.69 0.60

ISX:INAI vs AA, CENX, CSTM: Scaled Net Operating Assets Comparison

For the Aluminum subindustry, PT Indal Aluminium Industry 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 Indal Aluminium Industry Tbk Scaled Net Operating Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Indal Aluminium Industry Tbk's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where PT Indal Aluminium Industry Tbk's Scaled Net Operating Assets falls into.


ISX:INAI
56GF Score
PT Indal Aluminium Industry Tbk ISX:INAI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indal Aluminium Industry 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 Indal Aluminium Industry 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 )
=(1164239.984-368807.269)/1241083.095
=0.64

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1198228.262 - 33988.278
=1164239.984

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1108260.862 - 8243.619 - 731209.974
=368807.269

PT Indal Aluminium Industry 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 )
=(1150682.318-435245.174)/1198228.262
=0.60

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1174518.543 - 23836.225
=1150682.318

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1104092.399 - 7528.888 - 661318.337
=435245.174

* 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 0.60 mean?
PT Indal Aluminium Industry Tbk (ISX:INAI) has a Scaled Net Operating Assets of 0.60 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 Indal Aluminium Industry Tbk and its competitors.
Is PT Indal Aluminium Industry Tbk's Scaled Net Operating Assets too high?
PT Indal Aluminium Industry Tbk's current Scaled Net Operating Assets is 0.60. Overall, PT Indal Aluminium Industry Tbk has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Indal Aluminium Industry Tbk's Scaled Net Operating Assets compare to AA and CENX?
PT Indal Aluminium Industry Tbk's Scaled Net Operating Assets of 0.60 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining 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 Indal Aluminium Industry Tbk and its competitors. PT Indal Aluminium Industry Tbk's current Scaled Net Operating Assets is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indal Aluminium Industry Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indal Aluminium Industry Tbk (ISX:INAI) is currently considered Fairly Valued. The stock's GF Value™ is Rp118.90, compared to a current price of Rp128.00 — trading 7.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.60. PT Indal Aluminium Industry Tbk's overall GF Score™ is 56/100 with 4 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 Indal Aluminium Industry Tbk (ISX:INAI), the current Scaled Net Operating Assets is 0.60 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 Indal Aluminium Industry Tbk (ISX:INAI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indal Aluminium Industry Tbk stock appears to be overvalued. The current stock price of Rp128.00 is trading 7.7% above its estimated GF Value™ of Rp118.90. GuruFocus considers PT Indal Aluminium Industry Tbk to be Fairly Valued.

Key valuation signals for ISX:INAI:

  • Scaled Net Operating Assets: 0.60
  • GF Value™: Rp118.90 vs. price of Rp128.00 (7.7% above fair value)
  • GF Score™: 56/100 with 4 warning signs

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


PT Indal Aluminium Industry Tbk Business Description

Address Kompleks Maspion Unit-1, Sawotratap, Sidoarjo, IDN, 61254
PT Indal Aluminium Industry Tbk engaged in industry, trade, and services for several business activities, including managing aluminum ingot or billet raw materials into aluminum extrusion profiles which are used for ready-to-install building materials for the construction industry, home industry, electronic/automotive components, medical device components, aluminum solar panel frames and others. The company's segments include the Manufacturing of aluminum, Construction Services, Software services, and General trading & investments. The majority of the revenue is generated from the Manufacturing of the Aluminium segment. The company exports its products to Japan, Hong Kong, Thailand, Singapore, Australia, the United States, and other countries.
56GF 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.

Rp128.00
Price
Rp118.90
GF Value