PT Pikko Land Development Tbk (ISX:RODA) Scaled Net Operating Assets: 0.75 (As of Mar. 2026)


ISX:RODA PT Pikko Land Development Tbk ISX:RODA
59 GF Score
Price Rp59.00
GF Value Rp57.72
Valuation Fairly Valued
! 4 Warning Signs
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What is PT Pikko Land Development Tbk Scaled Net Operating Assets?

PT Pikko Land Development Tbk ISX:RODA +1.72% 59 Scaled Net Operating Assets is 0.75 as of Mar. 2026. GuruFocus rates ISX:RODA with a GF Score™ of 59/100 and a GF Value™ of Rp57.72 (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 Pikko Land Development Tbk's operating assets for the quarter that ended in Mar. 2026 was Rp3,167,916 Mil. PT Pikko Land Development Tbk's operating liabilities for the quarter that ended in Mar. 2026 was Rp757,864 Mil. PT Pikko Land Development Tbk's Total Assets for the quarter that ended in Dec. 2025 was Rp3,212,635 Mil. Therefore, PT Pikko Land Development Tbk's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.75.


PT Pikko Land Development Tbk Scaled Net Operating Assets Historical Data

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The historical data trend for PT Pikko Land Development 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 Pikko Land Development Tbk Scaled Net Operating Assets Chart

PT Pikko Land Development 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 0.70 0.75 0.75 0.77 0.72

PT Pikko Land Development 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 0.77 0.72 0.75

PT Pikko Land Development Tbk Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Development subindustry, PT Pikko Land Development 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 Pikko Land Development Tbk Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Pikko Land Development Tbk's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where PT Pikko Land Development Tbk's Scaled Net Operating Assets falls into.


ISX:RODA
59GF Score
PT Pikko Land Development Tbk ISX:RODA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Pikko Land Development 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 Pikko Land Development 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 )
=(3170780.712-751083.656)/3359063.696
=0.72

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3212635.151 - 41854.439
=3170780.712

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1164549.132 - 341844.21 - 71621.266
=751083.656

PT Pikko Land Development 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 )
=(3167915.914-757863.6)/3212635.151
=0.75

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3209654.953 - 41739.039
=3167915.914

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1171691.074 - 340944.21 - 72883.264
=757863.6

* 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 0.75 mean?
PT Pikko Land Development Tbk (ISX:RODA) has a Scaled Net Operating Assets of 0.75 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 Pikko Land Development Tbk and its competitors.
Is PT Pikko Land Development Tbk's Scaled Net Operating Assets too high?
PT Pikko Land Development Tbk's current Scaled Net Operating Assets is 0.75. Overall, PT Pikko Land Development Tbk has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Pikko Land Development Tbk's Scaled Net Operating Assets compare to competitors?
PT Pikko Land Development Tbk's Scaled Net Operating Assets of 0.75 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Pikko Land Development Tbk and its competitors. PT Pikko Land Development Tbk's current Scaled Net Operating Assets is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pikko Land Development Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Pikko Land Development Tbk (ISX:RODA) is currently considered Fairly Valued. The stock's GF Value™ is Rp57.72, compared to a current price of Rp59.00 — trading 2.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.75. PT Pikko Land Development Tbk's overall GF Score™ is 59/100 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 Pikko Land Development Tbk (ISX:RODA), the current Scaled Net Operating Assets is 0.75 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 Pikko Land Development Tbk (ISX:RODA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Pikko Land Development Tbk stock appears to be overvalued. The current stock price of Rp59.00 is trading 2.2% above its estimated GF Value™ of Rp57.72. GuruFocus considers PT Pikko Land Development Tbk to be Fairly Valued.

Key valuation signals for ISX:RODA:

  • Scaled Net Operating Assets: 0.75
  • GF Value™: Rp57.72 vs. price of Rp59.00 (2.2% above fair value)
  • GF Score™: 59/100 with 4 warning signs

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


PT Pikko Land Development Tbk Business Description

Address Jalan Jenderal Sudirman Street No. 86, Sahid Sudirman Residence, 3rd Floor, Tanah Abang, Central Jakarta, Jakarta, IDN, 10220
PT Pikko Land Development Tbk is a property development company. It is engaged in the development and sale of real estate and investment in shares of stocks and some property assets, such as land and apartment units. The company develops Residential; Mix used Commercial properties.
59GF Score

Get the complete analysis for ISX:RODA

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

Rp59.00
Price
Rp57.72
GF Value