Emerald Tyre Manufacturers (NSE:ETML) Scaled Net Operating Assets: 1.06 (As of Mar. 2025)


NSE:ETML Emerald Tyre Manufacturers Ltd NSE:ETML
16 GF Score
Price ₹86.95
! 3 Warning Signs
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What is Emerald Tyre Manufacturers Scaled Net Operating Assets?

Emerald Tyre Manufacturers NSE:ETML +3.08% 16 Scaled Net Operating Assets is 1.06 as of Mar. 2025. GuruFocus rates NSE:ETML with a GF Score™ of 16/100. 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.

Emerald Tyre Manufacturers's operating assets for the quarter that ended in Mar. 2025 was ₹2,238 Mil. Emerald Tyre Manufacturers's operating liabilities for the quarter that ended in Mar. 2025 was ₹396 Mil. Emerald Tyre Manufacturers's Total Assets for the quarter that ended in Mar. 2024 was ₹1,740 Mil. Therefore, Emerald Tyre Manufacturers's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2025 was 1.06.

Emerald Tyre Manufacturers Scaled Net Operating Assets Historical Data

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The historical data trend for Emerald Tyre Manufacturers'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.

Emerald Tyre Manufacturers Scaled Net Operating Assets Chart

Emerald Tyre Manufacturers Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Scaled Net Operating Assets
0.80 0.93 0.89 0.93 1.06

Emerald Tyre Manufacturers Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Scaled Net Operating Assets 0.80 0.93 0.89 0.93 1.06

NSE:ETML vs ORLY, AZO: Scaled Net Operating Assets Comparison

For the Auto Parts subindustry, Emerald Tyre Manufacturers'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.

Emerald Tyre Manufacturers Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Emerald Tyre Manufacturers's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Emerald Tyre Manufacturers's Scaled Net Operating Assets falls into.


NSE:ETML
16GF Score
Emerald Tyre Manufacturers Ltd NSE:ETML
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Emerald Tyre Manufacturers 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.

Emerald Tyre Manufacturers's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2025 )
=(Operating Assets (A: Mar. 2025 )-Operating Liabilities (A: Mar. 2025 ))/Total Assets (A: Mar. 2024 )
=(2238.153-395.718)/1739.859
=1.06

where

Operating Assets(A: Mar. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2371.083 - 132.93
=2238.153

Operating Liabilities(A: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1277.934 - 164.043 - 718.173
=395.718

Emerald Tyre Manufacturers's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2025 )
=(Operating Assets (Q: Mar. 2025 )-Operating Liabilities (Q: Mar. 2025 ))/Total Assets (Q: Mar. 2024 )
=(2238.153-395.718)/1739.859
=1.06

where

Operating Assets(Q: Mar. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2371.083 - 132.93
=2238.153

Operating Liabilities(Q: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1277.934 - 164.043 - 718.173
=395.718

* 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 1.06 mean?
Emerald Tyre Manufacturers (NSE:ETML) has a Scaled Net Operating Assets of 1.06 as of Mar. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Emerald Tyre Manufacturers and its competitors.
Is Emerald Tyre Manufacturers' Scaled Net Operating Assets too high?
Emerald Tyre Manufacturers' current Scaled Net Operating Assets is 1.06. Overall, Emerald Tyre Manufacturers has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Emerald Tyre Manufacturers' Scaled Net Operating Assets compare to ORLY and AZO?
Emerald Tyre Manufacturers' Scaled Net Operating Assets of 1.06 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 Emerald Tyre Manufacturers and its competitors. Emerald Tyre Manufacturers's current Scaled Net Operating Assets is 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Tyre Manufacturers stock overvalued right now?
Emerald Tyre Manufacturers (NSE:ETML) has a current Scaled Net Operating Assets of 1.06. The current Scaled Net Operating Assets is 1.06. Emerald Tyre Manufacturers' overall GF Score™ is 16/100 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 Emerald Tyre Manufacturers (NSE:ETML), the current Scaled Net Operating Assets is 1.06 as of Mar. 2025. 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.

Emerald Tyre Manufacturers Business Description

Address Second Street Porur Gardens, Emerald House, Plot No.2, Phase-I, Vanagaram, Tiruvallur, Poonamallee, TN, IND, 600095
Emerald Tyre Manufacturers Ltd is engaged in the Business of Manufacturing, Supplying and Services for a comprehensive range of tyres for material handling applications, like forklifts, skid loaders, ground support equipment of Airports, Port trailers, agri implements, lawn and garden mowers, mining equipment, aerial work platform trucks, backhoe loaders, etc.
16GF Score

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