Ghani Glass (KAR:GHGL) Scaled Net Operating Assets: 0.67 (As of Mar. 2026)


KAR:GHGL Ghani Glass Ltd KAR:GHGL
84 GF Score
Price ₨41.01
GF Value ₨32.36
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Ghani Glass Scaled Net Operating Assets?

Ghani Glass KAR:GHGL 84 Scaled Net Operating Assets is 0.67 as of Mar. 2026. GuruFocus rates KAR:GHGL with a GF Score™ of 84/100 and a GF Value™ of ₨32.36 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Ghani Glass's operating assets for the quarter that ended in Mar. 2026 was ₨49,551 Mil. Ghani Glass's operating liabilities for the quarter that ended in Mar. 2026 was ₨14,371 Mil. Ghani Glass's Total Assets for the quarter that ended in Dec. 2025 was ₨52,337 Mil. Therefore, Ghani Glass's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.67.


Ghani Glass Scaled Net Operating Assets Historical Data

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The historical data trend for Ghani Glass'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.

Ghani Glass Scaled Net Operating Assets Chart

Ghani Glass Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.72 0.86 0.75 0.71

Ghani Glass 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 0.70 0.69 0.68 0.67 0.67

KAR:GHGL vs SW, PKG, IP: Scaled Net Operating Assets Comparison

For the Packaging & Containers subindustry, Ghani Glass'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.


Ghani Glass Scaled Net Operating Assets vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ghani Glass's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Ghani Glass's Scaled Net Operating Assets falls into.


KAR:GHGL
84GF Score
Ghani Glass Ltd KAR:GHGL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ghani Glass 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.

Ghani Glass's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(48595.862-13475.594)/49563.469
=0.71

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=52446.258 - 3850.396
=48595.862

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13551.644 - 42.644 - 33.406
=13475.594

Ghani Glass'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 )
=(49551.284-14370.867)/52336.953
=0.67

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=54928.053 - 5376.769
=49551.284

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14422.231 - 30.264 - 21.1
=14370.867

* 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 0.67 mean?
Ghani Glass (KAR:GHGL) has a Scaled Net Operating Assets of 0.67 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 Ghani Glass and its competitors.
Is Ghani Glass' Scaled Net Operating Assets too high?
Ghani Glass' current Scaled Net Operating Assets is 0.67. Overall, Ghani Glass has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ghani Glass' Scaled Net Operating Assets compare to SW and PKG?
Ghani Glass' Scaled Net Operating Assets of 0.67 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Scaled Net Operating Assets depends on the Packaging & Containers 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 Ghani Glass and its competitors. Ghani Glass's current Scaled Net Operating Assets is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghani Glass stock overvalued right now?
Based on GuruFocus' analysis, Ghani Glass (KAR:GHGL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨32.36, compared to a current price of ₨41.01 — trading 26.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.67. Ghani Glass' overall GF Score™ is 84/100 with 1 warning sign 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 Ghani Glass (KAR:GHGL), the current Scaled Net Operating Assets is 0.67 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 Ghani Glass (KAR:GHGL) Overvalued in 2026?

Based on GuruFocus' analysis, Ghani Glass stock appears to be overvalued. The current stock price of ₨41.01 is trading 26.7% above its estimated GF Value™ of ₨32.36. GuruFocus considers Ghani Glass to be Modestly Overvalued.

Key valuation signals for KAR:GHGL:

  • Scaled Net Operating Assets: 0.67
  • GF Value™: ₨32.36 vs. price of ₨41.01 (26.7% above fair value)
  • GF Score™: 84/100 with 1 warning sign

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


Ghani Glass Business Description

Address 40-L Model Town Extension, Ghani Complex, Lahore, PB, PAK
Ghani Glass Ltd is involved in manufacturing and selling float and container glass products in Pakistan. The company offers clear, green, brown, reflective, blue, grey, and figured glass products. It also provides amber and clear pharmaceutical glass containers, flint and green beverages glass containers, and clear food glass containers. Geographically, it derives a majority of its revenue from Pakistan.
84GF Score

Get the complete analysis for KAR:GHGL

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

₨41.01
Price
₨32.36
GF Value