Rex Pipes and Cables Industries (NSE:REXPIPES) Scaled Net Operating Assets: 0.84 (As of Mar. 2026)


NSE:REXPIPES Rex Pipes and Cables Industries Ltd NSE:REXPIPES
67 GF Score
Price ₹174.25
GF Value ₹76.30
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Rex Pipes and Cables Industries Scaled Net Operating Assets?

Rex Pipes and Cables Industries NSE:REXPIPES 67 Scaled Net Operating Assets is 0.84 as of Mar. 2026. GuruFocus rates NSE:REXPIPES with a GF Score™ of 67/100 and a GF Value™ of ₹76.30 (Significantly Overvalued). 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.

Rex Pipes and Cables Industries's operating assets for the quarter that ended in Mar. 2026 was ₹812 Mil. Rex Pipes and Cables Industries's operating liabilities for the quarter that ended in Mar. 2026 was ₹115 Mil. Rex Pipes and Cables Industries's Total Assets for the quarter that ended in Sep. 2025 was ₹827 Mil. Therefore, Rex Pipes and Cables Industries's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.84.


Rex Pipes and Cables Industries Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Rex Pipes and Cables Industries'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.

Rex Pipes and Cables Industries Scaled Net Operating Assets Chart

Rex Pipes and Cables Industries Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 1.12 0.81 0.98 0.92 0.90

Rex Pipes and Cables Industries Semi-Annual Data
Mar18 Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.77 0.97 0.79 0.91 0.84

NSE:REXPIPES vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Rex Pipes and Cables Industries'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.


Rex Pipes and Cables Industries Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rex Pipes and Cables Industries's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Rex Pipes and Cables Industries's Scaled Net Operating Assets falls into.


NSE:REXPIPES
67GF Score
Rex Pipes and Cables Industries Ltd NSE:REXPIPES
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Rex Pipes and Cables Industries 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.

Rex Pipes and Cables Industries'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 )
=(811.688-115.434)/773.981
=0.90

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=823.436 - 11.748
=811.688

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=411.782 - 6.676 - 289.672
=115.434

Rex Pipes and Cables Industries'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 )
=(811.688-115.434)/826.542
=0.84

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=823.436 - 11.748
=811.688

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=411.782 - 6.676 - 289.672
=115.434

* 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 0.84 mean?
Rex Pipes and Cables Industries (NSE:REXPIPES) has a Scaled Net Operating Assets of 0.84 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 Rex Pipes and Cables Industries and its competitors.
Is Rex Pipes and Cables Industries' Scaled Net Operating Assets too high?
Rex Pipes and Cables Industries' current Scaled Net Operating Assets is 0.84. Overall, Rex Pipes and Cables Industries has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rex Pipes and Cables Industries' Scaled Net Operating Assets compare to LIN and SHW?
Rex Pipes and Cables Industries' Scaled Net Operating Assets of 0.84 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Rex Pipes and Cables Industries and its competitors. Rex Pipes and Cables Industries's current Scaled Net Operating Assets is 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rex Pipes and Cables Industries stock overvalued right now?
Based on GuruFocus' analysis, Rex Pipes and Cables Industries (NSE:REXPIPES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹76.30, compared to a current price of ₹174.25 — trading 128.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.84. Rex Pipes and Cables Industries' overall GF Score™ is 67/100 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 Rex Pipes and Cables Industries (NSE:REXPIPES), the current Scaled Net Operating Assets is 0.84 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 Rex Pipes and Cables Industries (NSE:REXPIPES) Overvalued in 2026?

Based on GuruFocus' analysis, Rex Pipes and Cables Industries stock appears to be overvalued. The current stock price of ₹174.25 is trading 128.4% above its estimated GF Value™ of ₹76.30. GuruFocus considers Rex Pipes and Cables Industries to be Significantly Overvalued.

Key valuation signals for NSE:REXPIPES:

  • Scaled Net Operating Assets: 0.84
  • GF Value™: ₹76.30 vs. price of ₹174.25 (128.4% above fair value)
  • GF Score™: 67/100 with 5 warning signs

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


Rex Pipes and Cables Industries Business Description

Address F-69A, RIICO Industrial Area, Sikar, RJ, IND, 332 001
Rex Pipes and Cables Industries Ltd operates in the PVC products market, manufacturing environment-friendly PVC pipes and allied products designed for irrigation, plumbing, industrial, domestic and technical applications. The Company serves agriculture, power, construction and engineering sectors, producing insulated winding wires, PVC and HDPE pipes, low-voltage PVC cables up to 1.1 KV, flexible house wires and screened cables supplied through dealer and distributor networks. Its product portfolio includes PVC electrical conduit pipes, three-core flat cables, single-core flexible house wires, sprinkler systems, HDPE coils and pipes, as well as automobile-related products such as shipping containers, commercial container trucks, vanity vans, motorhomes, camper cars, RVs and school buses.
67GF Score

Get the complete analysis for NSE:REXPIPES

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

₹174.25
Price
₹76.30
GF Value