PT Indo-Rama Synthetics Tbk (ISX:INDR) Scaled Net Operating Assets: 0.64 (As of Mar. 2026)


ISX:INDR PT Indo-Rama Synthetics Tbk ISX:INDR
65 GF Score
Price Rp1,935.00
GF Value Rp3,026.94
Valuation Possible Value Trap
! 4 Warning Signs
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What is PT Indo-Rama Synthetics Tbk Scaled Net Operating Assets?

PT Indo-Rama Synthetics Tbk ISX:INDR +1.57% 65 Scaled Net Operating Assets is 0.64 as of Mar. 2026. GuruFocus rates ISX:INDR with a GF Score™ of 65/100 and a GF Value™ of Rp3,026.94 (Possible Value Trap). 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 Indo-Rama Synthetics Tbk's operating assets for the quarter that ended in Mar. 2026 was Rp12,673,010 Mil. PT Indo-Rama Synthetics Tbk's operating liabilities for the quarter that ended in Mar. 2026 was Rp4,370,668 Mil. PT Indo-Rama Synthetics Tbk's Total Assets for the quarter that ended in Dec. 2025 was Rp13,006,564 Mil. Therefore, PT Indo-Rama Synthetics Tbk's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.64.


PT Indo-Rama Synthetics Tbk Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for PT Indo-Rama Synthetics 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 Indo-Rama Synthetics Tbk Scaled Net Operating Assets Chart

PT Indo-Rama Synthetics 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 0.75 0.68 0.60 0.61 0.65

PT Indo-Rama Synthetics 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 0.66 0.65 0.62 0.66 0.64

PT Indo-Rama Synthetics Tbk Scaled Net Operating Assets Competitor Comparison

For the Textile Manufacturing subindustry, PT Indo-Rama Synthetics 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 Indo-Rama Synthetics Tbk Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Indo-Rama Synthetics Tbk's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where PT Indo-Rama Synthetics Tbk's Scaled Net Operating Assets falls into.


ISX:INDR
65GF Score
PT Indo-Rama Synthetics Tbk ISX:INDR
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indo-Rama Synthetics 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 Indo-Rama Synthetics 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 )
=(12693138.551-4493130.866)/12587170.704
=0.65

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13006564.23 - 313425.679
=12693138.551

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6599247.845 - 1291928.62 - 814188.359
=4493130.866

PT Indo-Rama Synthetics 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 )
=(12673009.531-4370668.202)/13006564.23
=0.64

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13195517.107 - 522507.576
=12673009.531

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6824171.731 - 1433679.256 - 1019824.273
=4370668.202

* 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 0.64 mean?
PT Indo-Rama Synthetics Tbk (ISX:INDR) has a Scaled Net Operating Assets of 0.64 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 Indo-Rama Synthetics Tbk and its competitors.
Is PT Indo-Rama Synthetics Tbk's Scaled Net Operating Assets too high?
PT Indo-Rama Synthetics Tbk's current Scaled Net Operating Assets is 0.64. Overall, PT Indo-Rama Synthetics Tbk has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Indo-Rama Synthetics Tbk's Scaled Net Operating Assets compare to competitors?
PT Indo-Rama Synthetics Tbk's Scaled Net Operating Assets of 0.64 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Scaled Net Operating Assets depends on the Manufacturing - Apparel & Accessories 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 Indo-Rama Synthetics Tbk and its competitors. PT Indo-Rama Synthetics Tbk's current Scaled Net Operating Assets is 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indo-Rama Synthetics Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indo-Rama Synthetics Tbk (ISX:INDR) is currently considered Possible Value Trap. The stock's GF Value™ is Rp3,026.94, compared to a current price of Rp1,935.00 — trading 36.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.64. PT Indo-Rama Synthetics Tbk's overall GF Score™ is 65/100 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 Indo-Rama Synthetics Tbk (ISX:INDR), the current Scaled Net Operating Assets is 0.64 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 Indo-Rama Synthetics Tbk (ISX:INDR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indo-Rama Synthetics Tbk stock appears to be undervalued. The current stock price of Rp1,935.00 is trading 36.1% below its estimated GF Value™ of Rp3,026.94. GuruFocus considers PT Indo-Rama Synthetics Tbk to be Possible Value Trap.

Key valuation signals for ISX:INDR:

  • Scaled Net Operating Assets: 0.64
  • GF Value™: Rp3,026.94 vs. price of Rp1,935.00 (36.1% below fair value)
  • GF Score™: 65/100 with 4 warning signs

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


PT Indo-Rama Synthetics Tbk Business Description

Address Jalan H. R. Rasuna Said, Blok X-1, Kav. 1-2, Graha Irama, 17th Floor, Jakarta, IDN, 12950
PT Indo-Rama Synthetics Tbk is engaged in operation of cotton spinning mill in Purwakarta. It has expanded its Spun Yarns business and diversified into manufacturing of Polyester Filament Yarns, Polyester Staple Fibers, PET Resin, Polyester Chips, and Polyester Filament Fabrics production for all markets, with manufacturing plants located in Purwakarta, and Campaka in Indonesia, and through its indirect subsidiaries, in Uzbekistan and Turkey. Its segment includes Spun yarns manufactures spun yarns and sewing thread; Polyester manufactures polyester filament yarns, polyester staple fibre, textile chips, polyester filament fabrics and pet resin; Minerals, is engaged in gold and coal mining; and Others is engaged in trading, investment, mining and other activities.
65GF Score

Get the complete analysis for ISX:INDR

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

Rp1,935.00
Price
Rp3,026.94
GF Value