Marco Cables and Conductors (NSE:MARCO) Scaled Net Operating Assets: 0.94 (As of Mar. 2026)

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NSE:MARCO Marco Cables and Conductors Ltd NSE:MARCO
54 GF Score
Price ₹30.00
GF Value ₹82.36
Valuation Possible Value Trap
! 4 Warning Signs
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What is Marco Cables and Conductors Scaled Net Operating Assets?

Marco Cables and Conductors NSE:MARCO -2.76% 54 Scaled Net Operating Assets is 0.94 as of Mar. 2026. GuruFocus rates NSE:MARCO with a GF Score™ of 54/100 and a GF Value™ of ₹82.36 (Possible Value Trap). The stock has 4 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.

Marco Cables and Conductors's operating assets for the quarter that ended in Mar. 2026 was ₹1,026 Mil. Marco Cables and Conductors's operating liabilities for the quarter that ended in Mar. 2026 was ₹125 Mil. Marco Cables and Conductors's Total Assets for the quarter that ended in Sep. 2025 was ₹960 Mil. Therefore, Marco Cables and Conductors's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.94.


Marco Cables and Conductors Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Marco Cables and Conductors'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.

Marco Cables and Conductors Scaled Net Operating Assets Chart

Marco Cables and Conductors Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.75 0.87 0.89 0.79 1.09

Marco Cables and Conductors Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial 0.89 0.00 0.00 0.94 0.94

NSE:MARCO vs VRT, BE: Scaled Net Operating Assets Comparison

For the Electrical Equipment & Parts subindustry, Marco Cables and Conductors'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.


Marco Cables and Conductors Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Marco Cables and Conductors's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Marco Cables and Conductors's Scaled Net Operating Assets falls into.


NSE:MARCO
54GF Score
Marco Cables and Conductors Ltd NSE:MARCO
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marco Cables and Conductors 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.

Marco Cables and Conductors's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(1026.136-125.111)/828.082
=1.09

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1076.711 - 50.575
=1026.136

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=712.919 - 156.827 - 430.981
=125.111

Marco Cables and Conductors'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: Sep. 2025 )
=(1026.136-125.111)/959.931
=0.94

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1076.711 - 50.575
=1026.136

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=712.919 - 156.827 - 430.981
=125.111

* 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 0.94 mean?
Marco Cables and Conductors (NSE:MARCO) has a Scaled Net Operating Assets of 0.94 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 Marco Cables and Conductors and its competitors.
Is Marco Cables and Conductors' Scaled Net Operating Assets too high?
Marco Cables and Conductors' current Scaled Net Operating Assets is 0.94. Overall, Marco Cables and Conductors has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Marco Cables and Conductors' Scaled Net Operating Assets compare to VRT and BE?
Marco Cables and Conductors' Scaled Net Operating Assets of 0.94 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 Marco Cables and Conductors and its competitors. Marco Cables and Conductors's current Scaled Net Operating Assets is 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marco Cables and Conductors stock overvalued right now?
Based on GuruFocus' analysis, Marco Cables and Conductors (NSE:MARCO) is currently considered Possible Value Trap. The stock's GF Value™ is ₹82.36, compared to a current price of ₹30.00 — trading 63.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.94. Marco Cables and Conductors' overall GF Score™ is 54/100 with 4 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 Marco Cables and Conductors (NSE:MARCO), the current Scaled Net Operating Assets is 0.94 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 Marco Cables and Conductors (NSE:MARCO) Overvalued in 2026?

Based on GuruFocus' analysis, Marco Cables and Conductors stock appears to be undervalued. The current stock price of ₹30.00 is trading 63.6% below its estimated GF Value™ of ₹82.36. GuruFocus considers Marco Cables and Conductors to be Possible Value Trap.

Key valuation signals for NSE:MARCO:

  • Scaled Net Operating Assets: 0.94
  • GF Value™: ₹82.36 vs. price of ₹30.00 (63.6% below fair value)
  • GF Score™: 54/100 with 4 warning signs

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


Marco Cables and Conductors Business Description

Address Main Road, Shop No 100, Opposite Bhai Gangaram Market, Ulhasnagar, Thane, MH, IND, 421005
Marco Cables and Conductors Ltd is engaged in the business of manufacturing and selling wires, cables wires and conductors in India. The company commenced its operations with the manufacturing of wires (with aluminium/copper conductor), LT XLPE cables, LT PVC cables, and LT Aerial Bunched Cables, including AAAC (All Aluminium Alloy Conductor) and ACSR (Aluminium Conductor Steel Reinforced) Conductors. Geographically the company operates in India only. The company generates all of its revenue from the sale of finished products.
54GF Score

Get the complete analysis for NSE:MARCO

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

₹30.00
Price
₹82.36
GF Value