PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) Scaled Net Operating Assets: 0.56 (As of Mar. 2026)


ISX:ULTJ PT Ultrajaya Milk Industry & Trading Co Tbk ISX:ULTJ
100 GF Score
Price Rp1,360.00
GF Value Rp1,878.09
Valuation Modestly Undervalued
! 3 Warning Signs
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What is PT Ultrajaya Milk Industry & Trading Co Tbk Scaled Net Operating Assets?

PT Ultrajaya Milk Industry & Trading Co Tbk ISX:ULTJ +1.49% 100 Scaled Net Operating Assets is 0.56 as of Mar. 2026. GuruFocus rates ISX:ULTJ with a GF Score™ of 100/100 and a GF Value™ of Rp1,878.09 (Modestly Undervalued). 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 Ultrajaya Milk Industry & Trading Co Tbk's operating assets for the quarter that ended in Mar. 2026 was Rp6,286,494 Mil. PT Ultrajaya Milk Industry & Trading Co Tbk's operating liabilities for the quarter that ended in Mar. 2026 was Rp1,139,293 Mil. PT Ultrajaya Milk Industry & Trading Co Tbk's Total Assets for the quarter that ended in Dec. 2025 was Rp9,253,470 Mil. Therefore, PT Ultrajaya Milk Industry & Trading Co Tbk's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.56.


PT Ultrajaya Milk Industry & Trading Co Tbk Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for PT Ultrajaya Milk Industry & Trading Co 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 Ultrajaya Milk Industry & Trading Co Tbk Scaled Net Operating Assets Chart

PT Ultrajaya Milk Industry & Trading Co 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 0.37 0.59 0.62 0.67 0.61

PT Ultrajaya Milk Industry & Trading Co 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 0.67 0.64 0.66 0.61 0.56

ISX:ULTJ vs KO, PEP, MNST: Scaled Net Operating Assets Comparison

For the Beverages - Non-Alcoholic subindustry, PT Ultrajaya Milk Industry & Trading Co 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 Ultrajaya Milk Industry & Trading Co Tbk Scaled Net Operating Assets vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, PT Ultrajaya Milk Industry & Trading Co Tbk's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where PT Ultrajaya Milk Industry & Trading Co Tbk's Scaled Net Operating Assets falls into.


ISX:ULTJ
100GF Score
PT Ultrajaya Milk Industry & Trading Co Tbk ISX:ULTJ
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Ultrajaya Milk Industry & Trading Co 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 Ultrajaya Milk Industry & Trading Co 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 )
=(6090102-893486)/8461365
=0.61

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9253470 - 3163368
=6090102

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=937010 - 29748 - 13776
=893486

PT Ultrajaya Milk Industry & Trading Co 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 )
=(6286494-1139293)/9253470
=0.56

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10004255 - 3717761
=6286494

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1180078 - 26949 - 13836
=1139293

* 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 0.56 mean?
PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) has a Scaled Net Operating Assets of 0.56 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 Ultrajaya Milk Industry & Trading Co Tbk and its competitors.
Is PT Ultrajaya Milk Industry & Trading Co Tbk's Scaled Net Operating Assets too high?
PT Ultrajaya Milk Industry & Trading Co Tbk's current Scaled Net Operating Assets is 0.56. Overall, PT Ultrajaya Milk Industry & Trading Co Tbk has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Ultrajaya Milk Industry & Trading Co Tbk's Scaled Net Operating Assets compare to KO and PEP?
PT Ultrajaya Milk Industry & Trading Co Tbk's Scaled Net Operating Assets of 0.56 can be compared against companies in the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic company?
A good Scaled Net Operating Assets depends on the Beverages - Non-Alcoholic 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 Ultrajaya Milk Industry & Trading Co Tbk and its competitors. PT Ultrajaya Milk Industry & Trading Co Tbk's current Scaled Net Operating Assets is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Ultrajaya Milk Industry & Trading Co Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp1,878.09, compared to a current price of Rp1,360.00 — trading 27.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.56. PT Ultrajaya Milk Industry & Trading Co Tbk's overall GF Score™ is 100/100 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 Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ), the current Scaled Net Operating Assets is 0.56 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 Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) Overvalued in 2026?

Based on GuruFocus' analysis, PT Ultrajaya Milk Industry & Trading Co Tbk stock appears to be undervalued. The current stock price of Rp1,360.00 is trading 27.6% below its estimated GF Value™ of Rp1,878.09. GuruFocus considers PT Ultrajaya Milk Industry & Trading Co Tbk to be Modestly Undervalued.

Key valuation signals for ISX:ULTJ:

  • Scaled Net Operating Assets: 0.56
  • GF Value™: Rp1,878.09 vs. price of Rp1,360.00 (27.6% below fair value)
  • GF Score™: 100/100 with 3 warning signs

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


PT Ultrajaya Milk Industry & Trading Co Tbk Business Description

Address Jalan Raya Cimareme 131, Padalarang, Kabupaten Bandung Barat, West Java, Bandung, IDN, 40552
PT Ultrajaya Milk Industry & Trading Co Tbk is in the business of producing dairy products, beverages, and healthy drink products with ultra-high temperature technology and aseptic packaging. Its products are Freshmilk, Tea drink, Health drinks, Sweetened condensed creamer, and others. The company operates in two operating segments: Beverages and Food. It derives the majority of its revenues from the Beverages segment.
100GF Score

Get the complete analysis for ISX:ULTJ

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

Rp1,360.00
Price
Rp1,878.09
GF Value