PTrana Mitra Luas TBK (ISX:SMIL) Scaled Net Operating Assets: 0.92 (As of Mar. 2026)


ISX:SMIL PT Sarana Mitra Luas TBK ISX:SMIL
87 GF Score
Price Rp286.00
GF Value Rp262.37
Valuation Fairly Valued
! 6 Warning Signs
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What is PTrana Mitra Luas TBK Scaled Net Operating Assets?

PTrana Mitra Luas TBK ISX:SMIL +0.70% 87 Scaled Net Operating Assets is 0.92 as of Mar. 2026. GuruFocus rates ISX:SMIL with a GF Score™ of 87/100 and a GF Value™ of Rp262.37 (Fairly Valued). 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.

PTrana Mitra Luas TBK's operating assets for the quarter that ended in Mar. 2026 was Rp1,084,539 Mil. PTrana Mitra Luas TBK's operating liabilities for the quarter that ended in Mar. 2026 was Rp22,876 Mil. PTrana Mitra Luas TBK's Total Assets for the quarter that ended in Dec. 2025 was Rp1,155,795 Mil. Therefore, PTrana Mitra Luas TBK's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.92.


PTrana Mitra Luas TBK Scaled Net Operating Assets Historical Data

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The historical data trend for PTrana Mitra Luas 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.

PTrana Mitra Luas TBK Scaled Net Operating Assets Chart

PTrana Mitra Luas TBK Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 1.03 0.91 1.22 0.87 0.87

PTrana Mitra Luas TBK Quarterly Data
Dec19 Dec20 Dec21 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 0.72 0.71 0.80 0.84 0.92

ISX:SMIL vs URI, SUNB, AER: Scaled Net Operating Assets Comparison

For the Rental & Leasing Services subindustry, PTrana Mitra Luas 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.


PTrana Mitra Luas TBK Scaled Net Operating Assets vs Business Services Industry

For the Business Services industry and Industrials sector, PTrana Mitra Luas TBK's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where PTrana Mitra Luas TBK's Scaled Net Operating Assets falls into.


ISX:SMIL
87GF Score
PT Sarana Mitra Luas TBK ISX:SMIL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PTrana Mitra Luas 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.

PTrana Mitra Luas 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 )
=(995728.598-25049.553)/1118591.198
=0.87

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1155794.619 - 160066.021
=995728.598

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=419385.515 - 312389.459 - 81946.503
=25049.553

PTrana Mitra Luas 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 )
=(1084539-22876.481)/1155794.619
=0.92

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1183156.328 - 98617.328
=1084539

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=415999.421 - 311781.004 - 81341.936
=22876.481

* 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 0.92 mean?
PTrana Mitra Luas TBK (ISX:SMIL) has a Scaled Net Operating Assets of 0.92 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 PTrana Mitra Luas TBK and its competitors.
Is PTrana Mitra Luas TBK's Scaled Net Operating Assets too high?
PTrana Mitra Luas TBK's current Scaled Net Operating Assets is 0.92. Overall, PTrana Mitra Luas TBK has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PTrana Mitra Luas TBK's Scaled Net Operating Assets compare to URI and SUNB?
PTrana Mitra Luas TBK's Scaled Net Operating Assets of 0.92 can be compared against companies in the Business Services 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 Business Services company?
A good Scaled Net Operating Assets depends on the Business Services 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 PTrana Mitra Luas TBK and its competitors. PTrana Mitra Luas TBK's current Scaled Net Operating Assets is 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTrana Mitra Luas TBK stock overvalued right now?
Based on GuruFocus' analysis, PTrana Mitra Luas TBK (ISX:SMIL) is currently considered Fairly Valued. The stock's GF Value™ is Rp262.37, compared to a current price of Rp286.00 — trading 9% above its estimated fair value. The current Scaled Net Operating Assets is 0.92. PTrana Mitra Luas TBK's overall GF Score™ is 87/100 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 PTrana Mitra Luas TBK (ISX:SMIL), the current Scaled Net Operating Assets is 0.92 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 PTrana Mitra Luas TBK (ISX:SMIL) Overvalued in 2026?

Based on GuruFocus' analysis, PTrana Mitra Luas TBK stock appears to be overvalued. The current stock price of Rp286.00 is trading 9% above its estimated GF Value™ of Rp262.37. GuruFocus considers PTrana Mitra Luas TBK to be Fairly Valued.

Key valuation signals for ISX:SMIL:

  • Scaled Net Operating Assets: 0.92
  • GF Value™: Rp262.37 vs. price of Rp286.00 (9% above fair value)
  • GF Score™: 87/100 with 6 warning signs

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


PTrana Mitra Luas TBK Business Description

Address Jalan Kenari Utama II, Block C, No.03 & 05A, Cibatu, Kecamatan Cikarang Selatan, Jawa Barat, Bekasi, IDN, 17530
PT Sarana Mitra Luas TBK is a forklift rental company with a total fleet of more than 3,000 units. Apart from rental, It also provides other material handling solutions such as selling and servicing forklifts. The company only has two business segments, namely forklift sales and rent services generating the majority revenue.
87GF Score

Get the complete analysis for ISX:SMIL

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

Rp286.00
Price
Rp262.37
GF Value