PT Nusa Raya Cipta Tbk (ISX:NRCA) Scaled Net Operating Assets: 0.37 (As of Mar. 2026)

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ISX:NRCA PT Nusa Raya Cipta Tbk ISX:NRCA
86 GF Score
Price Rp496.00
GF Value Rp444.20
Valuation Modestly Overvalued
! 6 Warning Signs
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What is PT Nusa Raya Cipta Tbk Scaled Net Operating Assets?

PT Nusa Raya Cipta Tbk ISX:NRCA +4.64% 86 Scaled Net Operating Assets is 0.37 as of Mar. 2026. GuruFocus rates ISX:NRCA with a GF Score™ of 86/100 and a GF Value™ of Rp444.20 (Modestly Overvalued). 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 Nusa Raya Cipta Tbk's operating assets for the quarter that ended in Mar. 2026 was Rp2,252,529 Mil. PT Nusa Raya Cipta Tbk's operating liabilities for the quarter that ended in Mar. 2026 was Rp1,171,526 Mil. PT Nusa Raya Cipta Tbk's Total Assets for the quarter that ended in Dec. 2025 was Rp2,904,741 Mil. Therefore, PT Nusa Raya Cipta Tbk's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.37.


PT Nusa Raya Cipta Tbk Scaled Net Operating Assets Historical Data

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The historical data trend for PT Nusa Raya Cipta 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 Nusa Raya Cipta Tbk Scaled Net Operating Assets Chart

PT Nusa Raya Cipta 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 0.31 0.37 0.29 0.36 0.44

PT Nusa Raya Cipta 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 0.38 0.36 0.33 0.38 0.37

ISX:NRCA vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, PT Nusa Raya Cipta 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 Nusa Raya Cipta Tbk Scaled Net Operating Assets vs Construction Industry

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

* The bar in red indicates where PT Nusa Raya Cipta Tbk's Scaled Net Operating Assets falls into.


ISX:NRCA
86GF Score
PT Nusa Raya Cipta Tbk ISX:NRCA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Nusa Raya Cipta 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 Nusa Raya Cipta 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 )
=(2255346.175-1217102.28)/2373118.335
=0.44

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2904741.472 - 649395.297
=2255346.175

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1538161.84 - 0 - 321059.56
=1217102.28

PT Nusa Raya Cipta 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 )
=(2252528.829-1171526.173)/2904741.472
=0.37

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2925080.821 - 672551.992
=2252528.829

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1518598.833 - 0 - 347072.66
=1171526.173

* 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 0.37 mean?
PT Nusa Raya Cipta Tbk (ISX:NRCA) has a Scaled Net Operating Assets of 0.37 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 Nusa Raya Cipta Tbk and its competitors.
Is PT Nusa Raya Cipta Tbk's Scaled Net Operating Assets too high?
PT Nusa Raya Cipta Tbk's current Scaled Net Operating Assets is 0.37. Overall, PT Nusa Raya Cipta Tbk has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Nusa Raya Cipta Tbk's Scaled Net Operating Assets compare to PWR and FIX?
PT Nusa Raya Cipta Tbk's Scaled Net Operating Assets of 0.37 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 Nusa Raya Cipta Tbk and its competitors. PT Nusa Raya Cipta Tbk's current Scaled Net Operating Assets is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Nusa Raya Cipta Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Nusa Raya Cipta Tbk (ISX:NRCA) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp444.20, compared to a current price of Rp496.00 — trading 11.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.37. PT Nusa Raya Cipta Tbk's overall GF Score™ is 86/100 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 Nusa Raya Cipta Tbk (ISX:NRCA), the current Scaled Net Operating Assets is 0.37 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 Nusa Raya Cipta Tbk (ISX:NRCA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Nusa Raya Cipta Tbk stock appears to be overvalued. The current stock price of Rp496.00 is trading 11.7% above its estimated GF Value™ of Rp444.20. GuruFocus considers PT Nusa Raya Cipta Tbk to be Modestly Overvalued.

Key valuation signals for ISX:NRCA:

  • Scaled Net Operating Assets: 0.37
  • GF Value™: Rp444.20 vs. price of Rp496.00 (11.7% above fair value)
  • GF Score™: 86/100 with 6 warning signs

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


PT Nusa Raya Cipta Tbk Business Description

Address Jalan D. I. Panjaitan Number 40, Graha Cipta Building Lantai 2, Jakarta, IDN, 13350
PT Nusa Raya Cipta Tbk is an Indonesian-based company engaged in construction services. The company's project comprises the construction of hotels and resorts, office buildings, apartments, hospitals, malls, shopping centers, and factories. It operates in two business segments: the Building Construction segment, which generates key revenue for the company, and the Hotel and similar business segment. The company conducts its business in multiple locations based on regional offices, namely Jakarta, Denpasar, Semarang, Surabaya, and Medan.
86GF Score

Get the complete analysis for ISX:NRCA

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

Rp496.00
Price
Rp444.20
GF Value