Multi Commodity Exchange of India (NSE:MCX) Scaled Net Operating Assets: N/A (As of Mar. 2026)


NSE:MCX Multi Commodity Exchange of India Ltd NSE:MCX
97 GF Score
Price ₹2,814.00
GF Value ₹3,301.14
Valuation Modestly Undervalued
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What is Multi Commodity Exchange of India Scaled Net Operating Assets?

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

Multi Commodity Exchange of India's operating assets for the quarter that ended in Mar. 2026 was ₹34,791 Mil. Multi Commodity Exchange of India's operating liabilities for the quarter that ended in Mar. 2026 was ₹46,479 Mil. Multi Commodity Exchange of India's Total Assets for the quarter that ended in Dec. 2025 was ₹0 Mil. Therefore, Multi Commodity Exchange of India's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was N/A.


Multi Commodity Exchange of India Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Multi Commodity Exchange of India'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.

Multi Commodity Exchange of India Scaled Net Operating Assets Chart

Multi Commodity Exchange of India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.24 0.21 0.12 -0.27

Multi Commodity Exchange of India 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 0.00 0.00 0.00 0.00 0.00

NSE:MCX vs SPGI, CME, MCO: Scaled Net Operating Assets Comparison

For the Financial Data & Stock Exchanges subindustry, Multi Commodity Exchange of India'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.


Multi Commodity Exchange of India Scaled Net Operating Assets vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Multi Commodity Exchange of India's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Multi Commodity Exchange of India's Scaled Net Operating Assets falls into.


NSE:MCX
97GF Score
Multi Commodity Exchange of India Ltd NSE:MCX
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Multi Commodity Exchange of India 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.

Multi Commodity Exchange of India'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 )
=(34790.9-46479.3)/43251.7
=-0.27

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=75006.3 - 40215.4
=34790.9

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=46526.9 - 38.3 - 9.3
=46479.3

Multi Commodity Exchange of India'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 )
=(34790.9-46479.3)/0
=N/A

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=75006.3 - 40215.4
=34790.9

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=46526.9 - 38.3 - 9.3
=46479.3

* 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.

Is Multi Commodity Exchange of India (NSE:MCX) Overvalued in 2026?

Based on GuruFocus' analysis, Multi Commodity Exchange of India stock appears to be undervalued. The current stock price of ₹2,814.00 is trading 14.8% below its estimated GF Value™ of ₹3,301.14. GuruFocus considers Multi Commodity Exchange of India to be Modestly Undervalued.

Key valuation signals for NSE:MCX:

  • Scaled Net Operating Assets: N/A
  • GF Value™: ₹3,301.14 vs. price of ₹2,814.00 (14.8% below fair value)
  • GF Score™: 97/100

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


Multi Commodity Exchange of India Business Description

Other Exchanges 534091:India
Address Suren Road, Exchange Square, Chakala, Andheri (East), Mumbai, MH, IND, 400093
Multi Commodity Exchange of India Ltd is an India-based deemed Stock Exchange recognized under the Securities Contracts (Regulation) Act, 1956. The company facilitates online trading, and clearing and settlement of commodity futures transactions, thereby providing a platform for risk management. The company is a demutualized Exchange and has permanent recognition from the Government of India to facilitate nationwide online trading, clearing, and settlement operations of commodity derivatives. The company derives its revenues from transaction fees, admission fees, annual subscription fees, terminal charges, connectivity income, interest income, dividends from and gains on the sale of investments and other miscellaneous income.
97GF Score

Get the complete analysis for NSE:MCX

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

₹2,814.00
Price
₹3,301.14
GF Value