Newmalayalam Steel (NSE:NMSTEEL) Scaled Net Operating Assets: 0.69 (As of Mar. 2025)

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NSE:NMSTEEL Newmalayalam Steel Ltd NSE:NMSTEEL
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What is Newmalayalam Steel Scaled Net Operating Assets?

Newmalayalam Steel NSE:NMSTEEL +1.95% 13 Scaled Net Operating Assets is 0.69 as of Mar. 2025. GuruFocus rates NSE:NMSTEEL with a GF Score™ of 13/100.

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

Newmalayalam Steel's operating assets for the quarter that ended in Mar. 2025 was ₹884 Mil. Newmalayalam Steel's operating liabilities for the quarter that ended in Mar. 2025 was ₹120 Mil. Newmalayalam Steel's Total Assets for the quarter that ended in Sep. 2024 was ₹1,103 Mil. Therefore, Newmalayalam Steel's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2025 was 0.69.


Newmalayalam Steel Scaled Net Operating Assets Historical Data

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The historical data trend for Newmalayalam Steel'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.

Newmalayalam Steel Scaled Net Operating Assets Chart

Newmalayalam Steel Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Scaled Net Operating Assets
0.88 0.64 0.99 0.66

Newmalayalam Steel Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25
Scaled Net Operating Assets 0.88 0.64 0.99 0.61 0.69

NSE:NMSTEEL vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, Newmalayalam Steel'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.


Newmalayalam Steel Scaled Net Operating Assets vs Steel Industry

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

* The bar in red indicates where Newmalayalam Steel's Scaled Net Operating Assets falls into.


NSE:NMSTEEL
13GF Score
Newmalayalam Steel Ltd NSE:NMSTEEL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Newmalayalam Steel 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.

Newmalayalam Steel'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 )
=(883.541-119.522)/1162.451
=0.66

where

Operating Assets(A: Mar. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1086.026 - 202.485
=883.541

Operating Liabilities(A: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=302.597 - 30.061 - 153.014
=119.522

Newmalayalam Steel'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: Sep. 2024 )
=(883.541-119.522)/1103.277
=0.69

where

Operating Assets(Q: Mar. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1086.026 - 202.485
=883.541

Operating Liabilities(Q: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=302.597 - 30.061 - 153.014
=119.522

* 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 0.69 mean?
Newmalayalam Steel (NSE:NMSTEEL) has a Scaled Net Operating Assets of 0.69 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 Newmalayalam Steel and its competitors.
Is Newmalayalam Steel's Scaled Net Operating Assets too high?
Newmalayalam Steel's current Scaled Net Operating Assets is 0.69. Overall, Newmalayalam Steel has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Newmalayalam Steel's Scaled Net Operating Assets compare to NUE and STLD?
Newmalayalam Steel's Scaled Net Operating Assets of 0.69 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 Newmalayalam Steel and its competitors. Newmalayalam Steel's current Scaled Net Operating Assets is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newmalayalam Steel stock overvalued right now?
Newmalayalam Steel (NSE:NMSTEEL) has a current Scaled Net Operating Assets of 0.69. The current Scaled Net Operating Assets is 0.69. Newmalayalam Steel's overall GF Score™ is 13/100. 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 Newmalayalam Steel (NSE:NMSTEEL), the current Scaled Net Operating Assets is 0.69 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.

Newmalayalam Steel Business Description

Address Pallipuram P O, Mala, Door No. 2/546/A & 2/546/B, Mala, Thrissur, KL, IND, 680 732
Newmalayalam Steel Ltd is engaged in the manufacturing of galvanized pipes, tubes, and sheets. The Galvanized pipes and tubes are used for building roofs to reduce heat and avoid leakage, further, the galvanization process offers an added advantage of increasing the life of the product and enhancing its quality by making it rust-free. Its products are therefore manufactured to provide an effective solution to the continuous damage caused to houses in Kerala on account of inclement weather conditions.
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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