Mughal Iron & Steel Industries (KAR:MUGHAL) Scaled Net Operating Assets: 0.85 (As of Mar. 2026)


KAR:MUGHAL Mughal Iron & Steel Industries Ltd KAR:MUGHAL
90 GF Score
Price ₨89.84
GF Value ₨70.13
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Mughal Iron & Steel Industries Scaled Net Operating Assets?

Mughal Iron & Steel Industries KAR:MUGHAL +1.69% 90 Scaled Net Operating Assets is 0.85 as of Mar. 2026. GuruFocus rates KAR:MUGHAL with a GF Score™ of 90/100 and a GF Value™ of ₨70.13 (Modestly Overvalued). 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.

Mughal Iron & Steel Industries's operating assets for the quarter that ended in Mar. 2026 was ₨73,352 Mil. Mughal Iron & Steel Industries's operating liabilities for the quarter that ended in Mar. 2026 was ₨9,710 Mil. Mughal Iron & Steel Industries's Total Assets for the quarter that ended in Dec. 2025 was ₨74,671 Mil. Therefore, Mughal Iron & Steel Industries's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.85.


Mughal Iron & Steel Industries Scaled Net Operating Assets Historical Data

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The historical data trend for Mughal Iron & Steel Industries'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.

Mughal Iron & Steel Industries Scaled Net Operating Assets Chart

Mughal Iron & Steel Industries 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 1.37 1.00 0.92 0.97 0.78

Mughal Iron & Steel Industries 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 0.83 0.76 0.85 0.84 0.85

KAR:MUGHAL vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, Mughal Iron & Steel Industries'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.


Mughal Iron & Steel Industries Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, Mughal Iron & Steel Industries's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Mughal Iron & Steel Industries's Scaled Net Operating Assets falls into.


KAR:MUGHAL
90GF Score
Mughal Iron & Steel Industries Ltd KAR:MUGHAL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Mughal Iron & Steel Industries 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.

Mughal Iron & Steel Industries'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 )
=(65744.068-11035.689)/70184.197
=0.78

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=69089.233 - 3345.165
=65744.068

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=40165.166 - 4813.429 - 24316.048
=11035.689

Mughal Iron & Steel Industries'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 )
=(73351.876-9709.832)/74670.923
=0.85

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=77067.929 - 3716.053
=73351.876

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=46489.381 - 8869.219 - 27910.33
=9709.832

* 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 0.85 mean?
Mughal Iron & Steel Industries (KAR:MUGHAL) has a Scaled Net Operating Assets of 0.85 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 Mughal Iron & Steel Industries and its competitors.
Is Mughal Iron & Steel Industries' Scaled Net Operating Assets too high?
Mughal Iron & Steel Industries' current Scaled Net Operating Assets is 0.85. Overall, Mughal Iron & Steel Industries has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mughal Iron & Steel Industries' Scaled Net Operating Assets compare to NUE and STLD?
Mughal Iron & Steel Industries' Scaled Net Operating Assets of 0.85 can be compared against companies in the Steel 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 Steel company?
A good Scaled Net Operating Assets depends on the Steel 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 Mughal Iron & Steel Industries and its competitors. Mughal Iron & Steel Industries's current Scaled Net Operating Assets is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mughal Iron & Steel Industries stock overvalued right now?
Based on GuruFocus' analysis, Mughal Iron & Steel Industries (KAR:MUGHAL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨70.13, compared to a current price of ₨89.84 — trading 28.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.85. Mughal Iron & Steel Industries' overall GF Score™ is 90/100 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 Mughal Iron & Steel Industries (KAR:MUGHAL), the current Scaled Net Operating Assets is 0.85 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 Mughal Iron & Steel Industries (KAR:MUGHAL) Overvalued in 2026?

Based on GuruFocus' analysis, Mughal Iron & Steel Industries stock appears to be overvalued. The current stock price of ₨89.84 is trading 28.1% above its estimated GF Value™ of ₨70.13. GuruFocus considers Mughal Iron & Steel Industries to be Modestly Overvalued.

Key valuation signals for KAR:MUGHAL:

  • Scaled Net Operating Assets: 0.85
  • GF Value™: ₨70.13 vs. price of ₨89.84 (28.1% above fair value)
  • GF Score™: 90/100 with 6 warning signs

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


Mughal Iron & Steel Industries Business Description

Other Exchanges MUGHALC:Pakistan
Address 31-A Shadman 1, Lahore, PB, PAK
Mughal Iron & Steel Industries Ltd is engaged in the manufacturing and trading of mild steel products. The operating segments of the company are Ferrous, Non-Ferrous, and the Energy segment. The company's main products involve Steel re-bars (G60 / Mughal Supreme), Girders, Billets, Copper ingots, and Copper granules.
90GF Score

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

₨89.84
Price
₨70.13
GF Value