PT Mulia Industrindo Tbk (ISX:MLIA) Scaled Net Operating Assets: 0.79 (As of Mar. 2026)


ISX:MLIA PT Mulia Industrindo Tbk ISX:MLIA
59 GF Score
Price Rp242.00
GF Value Rp312.21
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is PT Mulia Industrindo Tbk Scaled Net Operating Assets?

PT Mulia Industrindo Tbk ISX:MLIA +0.83% 59 Scaled Net Operating Assets is 0.79 as of Mar. 2026. GuruFocus rates ISX:MLIA with a GF Score™ of 59/100 and a GF Value™ of Rp312.21 (Modestly Undervalued). The stock has 5 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 Mulia Industrindo Tbk's operating assets for the quarter that ended in Mar. 2026 was Rp6,996,949 Mil. PT Mulia Industrindo Tbk's operating liabilities for the quarter that ended in Mar. 2026 was Rp1,141,085 Mil. PT Mulia Industrindo Tbk's Total Assets for the quarter that ended in Dec. 2025 was Rp7,367,794 Mil. Therefore, PT Mulia Industrindo Tbk's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.79.


PT Mulia Industrindo Tbk Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for PT Mulia Industrindo 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 Mulia Industrindo Tbk Scaled Net Operating Assets Chart

PT Mulia Industrindo 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 0.77 0.78 0.76 0.77 0.82

PT Mulia Industrindo 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 0.77 0.78 0.80 0.79 0.80

ISX:MLIA vs TT, JCI, CARR: Scaled Net Operating Assets Comparison

For the Building Products & Equipment subindustry, PT Mulia Industrindo 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 Mulia Industrindo Tbk Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, PT Mulia Industrindo Tbk's Scaled Net Operating Assets distribution charts can be found below:

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


ISX:MLIA
59GF Score
PT Mulia Industrindo Tbk ISX:MLIA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Mulia Industrindo 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 Mulia Industrindo 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 )
=(6859532.414-1080105.823)/7047137.434
=0.82

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7367794.144 - 508261.73
=6859532.414

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1969998.895 - 462116.965 - 427776.107
=1080105.823

PT Mulia Industrindo 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 )
=(6996948.823-1141084.649)/7367794.144
=0.79

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7360978.927 - 364030.104
=6996948.823

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2010008.29 - 380833.768 - 488089.873
=1141084.649

* 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 0.79 mean?
PT Mulia Industrindo Tbk (ISX:MLIA) has a Scaled Net Operating Assets of 0.79 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 Mulia Industrindo Tbk and its competitors.
Is PT Mulia Industrindo Tbk's Scaled Net Operating Assets too high?
PT Mulia Industrindo Tbk's current Scaled Net Operating Assets is 0.79. Overall, PT Mulia Industrindo Tbk has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Mulia Industrindo Tbk's Scaled Net Operating Assets compare to TT and JCI?
PT Mulia Industrindo Tbk's Scaled Net Operating Assets of 0.79 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Mulia Industrindo Tbk and its competitors. PT Mulia Industrindo Tbk's current Scaled Net Operating Assets is 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mulia Industrindo Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mulia Industrindo Tbk (ISX:MLIA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp312.21, compared to a current price of Rp242.00 — trading 22.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.79. PT Mulia Industrindo Tbk's overall GF Score™ is 59/100 with 5 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 Mulia Industrindo Tbk (ISX:MLIA), the current Scaled Net Operating Assets is 0.79 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 Mulia Industrindo Tbk (ISX:MLIA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mulia Industrindo Tbk stock appears to be undervalued. The current stock price of Rp242.00 is trading 22.5% below its estimated GF Value™ of Rp312.21. GuruFocus considers PT Mulia Industrindo Tbk to be Modestly Undervalued.

Key valuation signals for ISX:MLIA:

  • Scaled Net Operating Assets: 0.79
  • GF Value™: Rp312.21 vs. price of Rp242.00 (22.5% below fair value)
  • GF Score™: 59/100 with 5 warning signs

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


PT Mulia Industrindo Tbk Business Description

Address Jalan H.R. Rasuna Said Kav, 8th Floor, Atrium Mulia Building, B 10-11 Setiabudi, South Jakarta, Jakarta, IDN, 12910
PT Mulia Industrindo Tbk is an Indonesian company. The company operates in below business segments, namely, Float glass, Safety glass, Glass container, and glass block. The majority of its revenues are derived from its Float glass business unit from the Indonesian market. The group operates in Indonesia, Asia, Australia, Europe, America, and Africa.
59GF Score

Get the complete analysis for ISX:MLIA

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

Rp242.00
Price
Rp312.21
GF Value