Rafhan Maize Product Co (KAR:RMPL) Scaled Net Operating Assets: 0.42 (As of Mar. 2026)


KAR:RMPL Rafhan Maize Product Co Ltd KAR:RMPL
92 GF Score
Price ₨9,506.37
GF Value ₨9,698.88
Valuation Fairly Valued
! 5 Warning Signs
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What is Rafhan Maize Product Co Scaled Net Operating Assets?

Rafhan Maize Product Co KAR:RMPL 92 Scaled Net Operating Assets is 0.42 as of Mar. 2026. GuruFocus rates KAR:RMPL with a GF Score™ of 92/100 and a GF Value™ of ₨9,698.88 (Fairly Valued). The stock has 5 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.

Rafhan Maize Product Co's operating assets for the quarter that ended in Mar. 2026 was ₨38,938 Mil. Rafhan Maize Product Co's operating liabilities for the quarter that ended in Mar. 2026 was ₨13,794 Mil. Rafhan Maize Product Co's Total Assets for the quarter that ended in Dec. 2025 was ₨59,174 Mil. Therefore, Rafhan Maize Product Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.42.


Rafhan Maize Product Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Rafhan Maize Product Co'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.

Rafhan Maize Product Co Scaled Net Operating Assets Chart

Rafhan Maize Product Co 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 0.53 0.70 0.54 0.40 0.49

Rafhan Maize Product Co 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 0.48 0.49 0.52 0.49 0.43

KAR:RMPL vs ADM, BG, TSN: Scaled Net Operating Assets Comparison

For the Farm Products subindustry, Rafhan Maize Product Co'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.


Rafhan Maize Product Co Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rafhan Maize Product Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Rafhan Maize Product Co's Scaled Net Operating Assets falls into.


KAR:RMPL
92GF Score
Rafhan Maize Product Co Ltd KAR:RMPL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Rafhan Maize Product Co 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.

Rafhan Maize Product Co'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 )
=(46638.901-21312.099)/51878.111
=0.49

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=59174.129 - 12535.228
=46638.901

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30008.248 - 282.691 - 8413.458
=21312.099

Rafhan Maize Product Co'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 )
=(38938.357-13794.004)/59174.129
=0.42

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=50462.876 - 11524.519
=38938.357

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19264.114 - 288.385 - 5181.725
=13794.004

* 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 0.42 mean?
Rafhan Maize Product Co (KAR:RMPL) has a Scaled Net Operating Assets of 0.42 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 Rafhan Maize Product Co and its competitors.
Is Rafhan Maize Product Co's Scaled Net Operating Assets too high?
Rafhan Maize Product Co's current Scaled Net Operating Assets is 0.42. Overall, Rafhan Maize Product Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rafhan Maize Product Co's Scaled Net Operating Assets compare to ADM and BG?
Rafhan Maize Product Co's Scaled Net Operating Assets of 0.42 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 Rafhan Maize Product Co and its competitors. Rafhan Maize Product Co's current Scaled Net Operating Assets is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rafhan Maize Product Co stock overvalued right now?
Based on GuruFocus' analysis, Rafhan Maize Product Co (KAR:RMPL) is currently considered Fairly Valued. The stock's GF Value™ is ₨9,698.88, compared to a current price of ₨9,506.37 — trading 2% below its estimated fair value. The current Scaled Net Operating Assets is 0.42. Rafhan Maize Product Co's overall GF Score™ is 92/100 with 5 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 Rafhan Maize Product Co (KAR:RMPL), the current Scaled Net Operating Assets is 0.42 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 Rafhan Maize Product Co (KAR:RMPL) Overvalued in 2026?

Based on GuruFocus' analysis, Rafhan Maize Product Co stock appears to be undervalued. The current stock price of ₨9,506.37 is trading 2% below its estimated GF Value™ of ₨9,698.88. GuruFocus considers Rafhan Maize Product Co to be Fairly Valued.

Key valuation signals for KAR:RMPL:

  • Scaled Net Operating Assets: 0.42
  • GF Value™: ₨9,698.88 vs. price of ₨9,506.37 (2% below fair value)
  • GF Score™: 92/100 with 5 warning signs

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


Rafhan Maize Product Co Business Description

Address Rakh Canal, East Road, Faisalabad, PB, PAK, 38060
Rafhan Maize Product Co Ltd is involved in the business of using maize as the basic raw material to manufacture and sell industrial products. Its products are Industrial Starches, Liquid Glucose, Dextrose, Dextrin, and Gluten Meals. It supplies its products to textiles, pharmaceuticals, paper, food, baking, confectionery, and other industries. The company sells its products in Pakistan and also exports them to other countries, of which key revenue is derived within Pakistan.
92GF Score

Get the complete analysis for KAR:RMPL

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

₨9,506.37
Price
₨9,698.88
GF Value