PT Mitrabahtera Segara Sejati Tbk (ISX:MBSS) Scaled Net Operating Assets: 0.59 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:MBSS PT Mitrabahtera Segara Sejati Tbk ISX:MBSS
54 GF Score
Price Rp2,620.00
GF Value Rp894.82
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is PT Mitrabahtera Segara Sejati Tbk Scaled Net Operating Assets?

PT Mitrabahtera Segara Sejati Tbk ISX:MBSS +3.97% 54 Scaled Net Operating Assets is 0.59 as of Mar. 2026. GuruFocus rates ISX:MBSS with a GF Score™ of 54/100 and a GF Value™ of Rp894.82 (Significantly Overvalued). 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 Mitrabahtera Segara Sejati Tbk's operating assets for the quarter that ended in Mar. 2026 was Rp2,702,146 Mil. PT Mitrabahtera Segara Sejati Tbk's operating liabilities for the quarter that ended in Mar. 2026 was Rp145,008 Mil. PT Mitrabahtera Segara Sejati Tbk's Total Assets for the quarter that ended in Dec. 2025 was Rp4,329,159 Mil. Therefore, PT Mitrabahtera Segara Sejati Tbk's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.59.


PT Mitrabahtera Segara Sejati Tbk Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for PT Mitrabahtera Segara Sejati 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 Mitrabahtera Segara Sejati Tbk Scaled Net Operating Assets Chart

PT Mitrabahtera Segara Sejati 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 0.73 0.60 0.43 0.45 0.60

PT Mitrabahtera Segara Sejati 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 0.44 0.44 0.41 0.56 0.59

PT Mitrabahtera Segara Sejati Tbk Scaled Net Operating Assets Competitor Comparison

For the Marine Shipping subindustry, PT Mitrabahtera Segara Sejati 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 Mitrabahtera Segara Sejati Tbk Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, PT Mitrabahtera Segara Sejati Tbk's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where PT Mitrabahtera Segara Sejati Tbk's Scaled Net Operating Assets falls into.


ISX:MBSS
54GF Score
PT Mitrabahtera Segara Sejati Tbk ISX:MBSS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Mitrabahtera Segara Sejati 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 Mitrabahtera Segara Sejati 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 )
=(2541637.75-163585.134)/3994058.625
=0.60

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4329158.886 - 1787521.136
=2541637.75

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=407018.542 - 132565.56 - 110867.848
=163585.134

PT Mitrabahtera Segara Sejati 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 )
=(2702145.764-145007.889)/4329158.886
=0.59

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4330450.707 - 1628304.943
=2702145.764

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=361076.275 - 105168.078 - 110900.308
=145007.889

* 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 0.59 mean?
PT Mitrabahtera Segara Sejati Tbk (ISX:MBSS) has a Scaled Net Operating Assets of 0.59 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 Mitrabahtera Segara Sejati Tbk and its competitors.
Is PT Mitrabahtera Segara Sejati Tbk's Scaled Net Operating Assets too high?
PT Mitrabahtera Segara Sejati Tbk's current Scaled Net Operating Assets is 0.59. Overall, PT Mitrabahtera Segara Sejati Tbk has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Mitrabahtera Segara Sejati Tbk's Scaled Net Operating Assets compare to competitors?
PT Mitrabahtera Segara Sejati Tbk's Scaled Net Operating Assets of 0.59 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 Mitrabahtera Segara Sejati Tbk and its competitors. PT Mitrabahtera Segara Sejati Tbk's current Scaled Net Operating Assets is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mitrabahtera Segara Sejati Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mitrabahtera Segara Sejati Tbk (ISX:MBSS) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp894.82, compared to a current price of Rp2,620.00 — trading 192.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.59. PT Mitrabahtera Segara Sejati Tbk's overall GF Score™ is 54/100 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 Mitrabahtera Segara Sejati Tbk (ISX:MBSS), the current Scaled Net Operating Assets is 0.59 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 Mitrabahtera Segara Sejati Tbk (ISX:MBSS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mitrabahtera Segara Sejati Tbk stock appears to be overvalued. The current stock price of Rp2,620.00 is trading 192.8% above its estimated GF Value™ of Rp894.82. GuruFocus considers PT Mitrabahtera Segara Sejati Tbk to be Significantly Overvalued.

Key valuation signals for ISX:MBSS:

  • Scaled Net Operating Assets: 0.59
  • GF Value™: Rp894.82 vs. price of Rp2,620.00 (192.8% above fair value)
  • GF Score™: 54/100 with 4 warning signs

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


PT Mitrabahtera Segara Sejati Tbk Business Description

Address Jalan. MH. Thamrin No. 10, Autograph Tower, Thamrin Nine Complex, Tanah Abang, Jakarta, IDN, 10230
PT Mitrabahtera Segara Sejati Tbk conducts its business activities in the field of sea transportation services for bulk cargo, specifically on coal and nickel commodities. The Company operates a fleet of tugboats and barges to provide integrated, efficient, and reliable sea transportation and transshipment services. Operational activities include the transportation of cargo from loading ports to discharging ports, as well as transportation from loading ports to anchorage points for supporting transshipment activities. The Company's fleet consists of tugboats, barges, mother vessel, and other supporting vessels. Its business segments include Tugboats and barges, which generate maximum revenue, Floating cranes, and Motor vessel.
54GF Score

Get the complete analysis for ISX:MBSS

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

Rp2,620.00
Price
Rp894.82
GF Value