PT Victoria Investama Tbk (ISX:VICO) Scaled Net Operating Assets: 0.02 (As of Mar. 2026)


ISX:VICO PT Victoria Investama Tbk ISX:VICO
74 GF Score
Price Rp136.00
GF Value Rp160.22
Valuation Modestly Undervalued
! 3 Warning Signs
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What is PT Victoria Investama Tbk Scaled Net Operating Assets?

PT Victoria Investama Tbk ISX:VICO -2.16% 74 Scaled Net Operating Assets is 0.02 as of Mar. 2026. GuruFocus rates ISX:VICO with a GF Score™ of 74/100 and a GF Value™ of Rp160.22 (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 Victoria Investama Tbk's operating assets for the quarter that ended in Mar. 2026 was Rp27,085,641 Mil. PT Victoria Investama Tbk's operating liabilities for the quarter that ended in Mar. 2026 was Rp26,378,694 Mil. PT Victoria Investama Tbk's Total Assets for the quarter that ended in Dec. 2025 was Rp37,685,783 Mil. Therefore, PT Victoria Investama Tbk's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.02.


PT Victoria Investama Tbk Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for PT Victoria Investama 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 Victoria Investama Tbk Scaled Net Operating Assets Chart

PT Victoria Investama 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 -0.05 0.07 0.09 0.16 0.18

PT Victoria Investama 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 0.02 0.00 0.00 0.17 0.02

ISX:VICO vs BLK, BX, KKR: Scaled Net Operating Assets Comparison

For the Asset Management subindustry, PT Victoria Investama 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 Victoria Investama Tbk Scaled Net Operating Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, PT Victoria Investama Tbk's Scaled Net Operating Assets distribution charts can be found below:

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


ISX:VICO
74GF Score
PT Victoria Investama Tbk ISX:VICO
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Victoria Investama 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 Victoria Investama 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 )
=(34247737.22-28085528.024)/34739466.584
=0.18

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=37685783.247 - 3438046.027
=34247737.22

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=32065088.484 - 3183845.139 - 795715.321
=28085528.024

PT Victoria Investama 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 )
=(27085640.554-26378693.634)/37685783.247
=0.02

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=35333726.75 - 8248086.196
=27085640.554

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=29742043.645 - 0 - 3363350.011
=26378693.634

* 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 0.02 mean?
PT Victoria Investama Tbk (ISX:VICO) has a Scaled Net Operating Assets of 0.02 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 Victoria Investama Tbk and its competitors.
Is PT Victoria Investama Tbk's Scaled Net Operating Assets too high?
PT Victoria Investama Tbk's current Scaled Net Operating Assets is 0.02. Overall, PT Victoria Investama Tbk has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Victoria Investama Tbk's Scaled Net Operating Assets compare to BLK and BX?
PT Victoria Investama Tbk's Scaled Net Operating Assets of 0.02 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Victoria Investama Tbk and its competitors. PT Victoria Investama Tbk's current Scaled Net Operating Assets is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Victoria Investama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Victoria Investama Tbk (ISX:VICO) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp160.22, compared to a current price of Rp136.00 — trading 15.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.02. PT Victoria Investama Tbk's overall GF Score™ is 74/100 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 Victoria Investama Tbk (ISX:VICO), the current Scaled Net Operating Assets is 0.02 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 Victoria Investama Tbk (ISX:VICO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Victoria Investama Tbk stock appears to be undervalued. The current stock price of Rp136.00 is trading 15.1% below its estimated GF Value™ of Rp160.22. GuruFocus considers PT Victoria Investama Tbk to be Modestly Undervalued.

Key valuation signals for ISX:VICO:

  • Scaled Net Operating Assets: 0.02
  • GF Value™: Rp160.22 vs. price of Rp136.00 (15.1% below fair value)
  • GF Score™: 74/100 with 3 warning signs

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


PT Victoria Investama Tbk Business Description

Address Jalan Jend. Gatot Subroto Kav. 23, Graha BIP, Lantai 3A, South jakarta, Karet Semanggi, Setiabudi, Jakarta, IDN, 12930
PT Victoria Investama Tbk is a holding company engaged in the investment sector, with a focus on providing integrated financial services for both corporate clients and retail customers. It provides various services including Securities Trading, Securities Underwriting, Asset Management, General Insurance, Life Insurance, as well as Banking. The company's segments include consulting services, underwriting and securities trading brokerage, loss insurance, investment management, life insurance and banking. The banking segment is the main revenue contributor.
74GF Score

Get the complete analysis for ISX:VICO

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

Rp136.00
Price
Rp160.22
GF Value