PT Indo Acidatama Tbk (ISX:SRSN) Scaled Net Operating Assets: 0.81 (As of Mar. 2026)


ISX:SRSN PT Indo Acidatama Tbk ISX:SRSN
85 GF Score
Price Rp67.00
GF Value Rp59.71
Valuation Modestly Overvalued
! 3 Warning Signs
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What is PT Indo Acidatama Tbk Scaled Net Operating Assets?

PT Indo Acidatama Tbk ISX:SRSN +3.08% 85 Scaled Net Operating Assets is 0.81 as of Mar. 2026. GuruFocus rates ISX:SRSN with a GF Score™ of 85/100 and a GF Value™ of Rp59.71 (Modestly Overvalued). The stock has 3 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 Indo Acidatama Tbk's operating assets for the quarter that ended in Mar. 2026 was Rp995,122 Mil. PT Indo Acidatama Tbk's operating liabilities for the quarter that ended in Mar. 2026 was Rp138,734 Mil. PT Indo Acidatama Tbk's Total Assets for the quarter that ended in Dec. 2025 was Rp1,052,410 Mil. Therefore, PT Indo Acidatama Tbk's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.81.


PT Indo Acidatama Tbk Scaled Net Operating Assets Historical Data

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The historical data trend for PT Indo Acidatama 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 Indo Acidatama Tbk Scaled Net Operating Assets Chart

PT Indo Acidatama 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 0.86 0.94 0.97 1.12 0.80

PT Indo Acidatama 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 0.96 0.85 0.91 0.79 0.81

ISX:SRSN vs DOW: Scaled Net Operating Assets Comparison

For the Chemicals subindustry, PT Indo Acidatama 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 Indo Acidatama Tbk Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, PT Indo Acidatama Tbk's Scaled Net Operating Assets distribution charts can be found below:

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


ISX:SRSN
85GF Score
PT Indo Acidatama Tbk ISX:SRSN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indo Acidatama 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 Indo Acidatama 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 )
=(1046089.08-132661.241)/1135428.989
=0.80

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1052410.486 - 6321.406
=1046089.08

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=242593.848 - 5661.88 - 104270.727
=132661.241

PT Indo Acidatama 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 )
=(995121.504-138734.361)/1052410.486
=0.81

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1011290.766 - 16169.262
=995121.504

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=172566.736 - 5240.647 - 28591.728
=138734.361

* 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 0.81 mean?
PT Indo Acidatama Tbk (ISX:SRSN) has a Scaled Net Operating Assets of 0.81 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 Indo Acidatama Tbk and its competitors.
Is PT Indo Acidatama Tbk's Scaled Net Operating Assets too high?
PT Indo Acidatama Tbk's current Scaled Net Operating Assets is 0.81. Overall, PT Indo Acidatama Tbk has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Indo Acidatama Tbk's Scaled Net Operating Assets compare to DOW?
PT Indo Acidatama Tbk's Scaled Net Operating Assets of 0.81 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Indo Acidatama Tbk and its competitors. PT Indo Acidatama Tbk's current Scaled Net Operating Assets is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indo Acidatama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indo Acidatama Tbk (ISX:SRSN) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp59.71, compared to a current price of Rp67.00 — trading 12.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.81. PT Indo Acidatama Tbk's overall GF Score™ is 85/100 with 3 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 Indo Acidatama Tbk (ISX:SRSN), the current Scaled Net Operating Assets is 0.81 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 Indo Acidatama Tbk (ISX:SRSN) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indo Acidatama Tbk stock appears to be overvalued. The current stock price of Rp67.00 is trading 12.2% above its estimated GF Value™ of Rp59.71. GuruFocus considers PT Indo Acidatama Tbk to be Modestly Overvalued.

Key valuation signals for ISX:SRSN:

  • Scaled Net Operating Assets: 0.81
  • GF Value™: Rp59.71 vs. price of Rp67.00 (12.2% above fair value)
  • GF Score™: 85/100 with 3 warning signs

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


PT Indo Acidatama Tbk Business Description

Address Jalan Raya Perjuangan 88, Graha Kencana, 9th Floor-Suite A, Jakarta Barat, Jakarta, IDN, 11530
PT Indo Acidatama Tbk is an Indonesian-based company engaged in manufacturing ethanol. The company produces acetic acid, ethyl acetate, bio-organic fertilizers, methylated spirit, and carbonic acid gas. It operates business activity in segments such as Ethanol, Acetic Acid, and Others. The fertilizers of the company are marketed under the brand names Pomi, Randex, Beka, and Alfinas. The company earns the majority of its revenue from the Ethanol segment.
85GF Score

Get the complete analysis for ISX:SRSN

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

Rp67.00
Price
Rp59.71
GF Value