PIKQF (PT Indah Kiat Pulp & Paper Tbk) Scaled Net Operating Assets: 0.67 (As of Mar. 2026)


PIKQF PT Indah Kiat Pulp & Paper Tbk PIKQF
97 GF Score
Price $0.53
GF Value $0.68
! 4 Warning Signs
View Full Analysis

What is PT Indah Kiat Pulp & Paper Tbk Scaled Net Operating Assets?

PT Indah Kiat Pulp & Paper Tbk PIKQF 97 Scaled Net Operating Assets is 0.67 as of Mar. 2026. GuruFocus rates PIKQF with a GF Score™ of 97/100 and a GF Value™ of $0.68. 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.

PT Indah Kiat Pulp & Paper Tbk's operating assets for the quarter that ended in Mar. 2026 was $9,162 Mil. PT Indah Kiat Pulp & Paper Tbk's operating liabilities for the quarter that ended in Mar. 2026 was $860 Mil. PT Indah Kiat Pulp & Paper Tbk's Total Assets for the quarter that ended in Dec. 2025 was $12,347 Mil. Therefore, PT Indah Kiat Pulp & Paper Tbk's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.67.


PT Indah Kiat Pulp & Paper Tbk Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for PT Indah Kiat Pulp & Paper Tbk'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.

PT Indah Kiat Pulp & Paper Tbk Scaled Net Operating Assets Chart

PT Indah Kiat Pulp & Paper Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.74 0.70 0.78 0.70

PT Indah Kiat Pulp & Paper Tbk 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 0.68 0.67 0.66 0.66 0.67

PIKQF vs SLVM: Scaled Net Operating Assets Comparison

For the Paper & Paper Products subindustry, PT Indah Kiat Pulp & Paper Tbk'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.


PT Indah Kiat Pulp & Paper Tbk Scaled Net Operating Assets vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, PT Indah Kiat Pulp & Paper Tbk's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where PT Indah Kiat Pulp & Paper Tbk's Scaled Net Operating Assets falls into.


PIKQF
97GF Score
PT Indah Kiat Pulp & Paper Tbk PIKQF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Indah Kiat Pulp & Paper Tbk 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.

PT Indah Kiat Pulp & Paper Tbk's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(8972.006-782.756)/11777.052
=0.70

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12347.406 - 3375.4
=8972.006

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5503.609 - 2950.98 - 1769.873
=782.756

PT Indah Kiat Pulp & Paper Tbk'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 )
=(9161.693-859.708)/12347.406
=0.67

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12653.63 - 3491.937
=9161.693

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5653.94 - 3029.067 - 1765.165
=859.708

* 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 0.67 mean?
PT Indah Kiat Pulp & Paper Tbk (PIKQF) has a Scaled Net Operating Assets of 0.67 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 PT Indah Kiat Pulp & Paper Tbk and its competitors.
Is PT Indah Kiat Pulp & Paper Tbk's Scaled Net Operating Assets too high?
PT Indah Kiat Pulp & Paper Tbk's current Scaled Net Operating Assets is 0.67. Overall, PT Indah Kiat Pulp & Paper Tbk has a GF Score™ of 97/100, reflecting its overall financial health beyond just this single metric.
How does PT Indah Kiat Pulp & Paper Tbk's Scaled Net Operating Assets compare to SLVM?
PT Indah Kiat Pulp & Paper Tbk's Scaled Net Operating Assets of 0.67 can be compared against companies in the Forest 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 a Forest Products company?
A good Scaled Net Operating Assets depends on the Forest 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 PT Indah Kiat Pulp & Paper Tbk and its competitors. PT Indah Kiat Pulp & Paper Tbk's current Scaled Net Operating Assets is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indah Kiat Pulp & Paper Tbk stock overvalued right now?
PT Indah Kiat Pulp & Paper Tbk (PIKQF) has a current Scaled Net Operating Assets of 0.67. The stock's GF Value™ is $0.68, compared to a current price of $0.53 — trading 22% below its estimated fair value. The current Scaled Net Operating Assets is 0.67. PT Indah Kiat Pulp & Paper Tbk's overall GF Score™ is 97/100 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 PT Indah Kiat Pulp & Paper Tbk (PIKQF), the current Scaled Net Operating Assets is 0.67 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 PT Indah Kiat Pulp & Paper Tbk (PIKQF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indah Kiat Pulp & Paper Tbk stock appears to be undervalued. The current stock price of $0.53 is trading 22% below its estimated GF Value™ of $0.68.

Key valuation signals for PIKQF:

  • Scaled Net Operating Assets: 0.67
  • GF Value™: $0.68 vs. price of $0.53 (22% below fair value)
  • GF Score™: 97/100 with 4 warning signs

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


PT Indah Kiat Pulp & Paper Tbk Business Description

Other Exchanges INKP:IndonesiaIKP:Germany
Address Jalan M.H. Thamrin No. 51, Tower 2, 9th Floor, Building Sinar Mas Land Plaza, Jakarta, IDN, 10350
PT Indah Kiat Pulp & Paper Tbk manufactures paper, pulp, and packaging paper. The company's operating segments are: cultural paper and pulp, which derives maximum revenue; and industrial paper and tissue products. Its cultural paper and pulp products segment consists of cultural paper and other related cultural paper products and pulp. The industrial paper and tissue products segment consists of linerboard, corrugating medium, corrugated shipping containers, and boxboard. Geographically, the company generates maximum revenue from Indonesia, and the rest from Asia, Europe, America, the Middle East, Africa, and Australia.
97GF Score

Get the complete analysis for PIKQF

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

$0.53
Price
$0.68
GF Value