PPC (PPCLY) Scaled Net Operating Assets: 0.66 (As of Mar. 2026)


PPCLY PPC Ltd PPCLY
40 GF Score
Price $0.82
GF Value $0.47
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is PPC Scaled Net Operating Assets?

PPC PPCLY 40 Scaled Net Operating Assets is 0.66 as of Mar. 2026. GuruFocus rates PPCLY with a GF Score™ of 40/100 and a GF Value™ of $0.47 (Significantly Overvalued). The stock has 3 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.

PPC's operating assets for the quarter that ended in Mar. 2026 was $538.3 Mil. PPC's operating liabilities for the quarter that ended in Mar. 2026 was $197.4 Mil. PPC's Total Assets for the quarter that ended in Sep. 2025 was $519.0 Mil. Therefore, PPC's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.66.


PPC Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for PPC'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.

PPC Scaled Net Operating Assets Chart

PPC 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 0.51 0.38 0.55 0.59 0.69

PPC Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 0.64 0.61 0.63 0.66

PPCLY vs CRH, VMC, MLM: Scaled Net Operating Assets Comparison

For the Building Materials subindustry, PPC'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.


PPC Scaled Net Operating Assets vs Building Materials Industry

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

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


PPCLY
40GF Score
PPC Ltd PPCLY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PPC 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.

PPC'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 )
=(538.348-197.439)/493.66
=0.69

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=603.365 - 65.017
=538.348

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=240.486 - 34.927 - 8.12
=197.439

PPC'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 )
=(538.348-197.439)/519.018
=0.66

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=603.365 - 65.017
=538.348

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=240.486 - 34.927 - 8.12
=197.439

* 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 0.66 mean?
PPC (PPCLY) has a Scaled Net Operating Assets of 0.66 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 PPC and its competitors.
Is PPC's Scaled Net Operating Assets too high?
PPC's current Scaled Net Operating Assets is 0.66. Overall, PPC has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PPC's Scaled Net Operating Assets compare to CRH and VMC?
PPC's Scaled Net Operating Assets of 0.66 can be compared against companies in the Building Materials 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 Building Materials company?
A good Scaled Net Operating Assets depends on the Building Materials 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 PPC and its competitors. PPC's current Scaled Net Operating Assets is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPC stock overvalued right now?
Based on GuruFocus' analysis, PPC (PPCLY) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.47, compared to a current price of $0.82 — trading 73.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.66. PPC's overall GF Score™ is 40/100 with 3 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 PPC (PPCLY), the current Scaled Net Operating Assets is 0.66 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 PPC (PPCLY) Overvalued in 2026?

Based on GuruFocus' analysis, PPC stock appears to be overvalued. The current stock price of $0.82 is trading 73.9% above its estimated GF Value™ of $0.47. GuruFocus considers PPC to be Significantly Overvalued.

Key valuation signals for PPCLY:

  • Scaled Net Operating Assets: 0.66
  • GF Value™: $0.47 vs. price of $0.82 (73.9% above fair value)
  • GF Score™: 40/100 with 3 warning signs

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


PPC Business Description

Address 5 Parks Boulevard, First Floor, Oxford Parks, Dunkeld, Johannesburg, GT, ZAF, 2196
PPC Ltd is a South Africa-based company that supplies cement and other related products in South Africa and several other African countries. Its production facilities span South Africa, Botswana, Zimbabwe, and Rwanda. The operating segments are South Africa and Botswana Cement, Zimbabwe, Rwanda, Aggregates, ash and readymix, and Group services and others. The company generates the majority of its revenue from the South Africa and Botswana domestic markets, where it marketed its cement products under the brand names OPC, SureRoad, IDM Best Build, Castle, and Spar Build-It. It also distributes cement products in Botswana, Zimbabwe, Mozambique, the Democratic Republic of the Congo, Rwanda, and Ethiopia under the brands OPC, Unicem, Botcem, and Surebuild PMC.
40GF Score

Get the complete analysis for PPCLY

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

$0.82
Price
$0.47
GF Value