PUTKY (PT United Tractors Tbk) Scaled Net Operating Assets: 0.60 (As of Mar. 2026)


PUTKY PT United Tractors Tbk PUTKY
90 GF Score
Price $25.30
GF Value $28.19
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT United Tractors Tbk Scaled Net Operating Assets?

PT United Tractors Tbk PUTKY +2.18% 90 Scaled Net Operating Assets is 0.60 as of Mar. 2026. GuruFocus rates PUTKY with a GF Score™ of 90/100 and a GF Value™ of $28.19 (Modestly Undervalued). 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 United Tractors Tbk's operating assets for the quarter that ended in Mar. 2026 was $9,634 Mil. PT United Tractors Tbk's operating liabilities for the quarter that ended in Mar. 2026 was $3,259 Mil. PT United Tractors Tbk's Total Assets for the quarter that ended in Dec. 2025 was $10,632 Mil. Therefore, PT United Tractors Tbk's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.60.


PT United Tractors Tbk Scaled Net Operating Assets Historical Data

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The historical data trend for PT United Tractors 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 United Tractors Tbk Scaled Net Operating Assets Chart

PT United Tractors 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 0.47 0.44 0.62 0.60 0.55

PT United Tractors 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 0.55 0.55 0.54 0.54 0.60

PT United Tractors Tbk Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, PT United Tractors 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 United Tractors Tbk Scaled Net Operating Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT United Tractors Tbk's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where PT United Tractors Tbk's Scaled Net Operating Assets falls into.


PUTKY
90GF Score
PT United Tractors Tbk PUTKY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PT United Tractors 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 United Tractors 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 )
=(9144.206-3326.958)/10568.879
=0.55

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10632.424 - 1488.218
=9144.206

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4459.232 - 437.695 - 694.579
=3326.958

PT United Tractors 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 )
=(9633.501-3259.206)/10632.424
=0.60

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10778.96 - 1145.459
=9633.501

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4799.092 - 359.107 - 1180.779
=3259.206

* 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 0.60 mean?
PT United Tractors Tbk (PUTKY) has a Scaled Net Operating Assets of 0.60 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 United Tractors Tbk and its competitors.
Is PT United Tractors Tbk's Scaled Net Operating Assets too high?
PT United Tractors Tbk's current Scaled Net Operating Assets is 0.60. Overall, PT United Tractors Tbk has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT United Tractors Tbk's Scaled Net Operating Assets compare to competitors?
PT United Tractors Tbk's Scaled Net Operating Assets of 0.60 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining 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 United Tractors Tbk and its competitors. PT United Tractors Tbk's current Scaled Net Operating Assets is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT United Tractors Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT United Tractors Tbk (PUTKY) is currently considered Modestly Undervalued. The stock's GF Value™ is $28.19, compared to a current price of $25.30 — trading 10.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.60. PT United Tractors Tbk's overall GF Score™ is 90/100 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 United Tractors Tbk (PUTKY), the current Scaled Net Operating Assets is 0.60 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 United Tractors Tbk (PUTKY) Overvalued in 2026?

Based on GuruFocus' analysis, PT United Tractors Tbk stock appears to be undervalued. The current stock price of $25.30 is trading 10.3% below its estimated GF Value™ of $28.19. GuruFocus considers PT United Tractors Tbk to be Modestly Undervalued.

Key valuation signals for PUTKY:

  • Scaled Net Operating Assets: 0.60
  • GF Value™: $28.19 vs. price of $25.30 (10.3% below fair value)
  • GF Score™: 90/100 with 4 warning signs

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


PT United Tractors Tbk Business Description

Address Jalan Raya Bekasi Km. 22, Cakung, Jakarta Timur, Jakarta, IDN, 13910
PT United Tractors Tbk is the sole distributor of Komatsu heavy equipment in Indonesia. The Company provides a range of complementary products such as Tadano cranes, Bomag vibratory rollers, Scania buses and trucks, and UD Trucks. Through its subsidiaries, the Company provides engineering and manufacturing services for heavy equipment components, engine reconditioning, and the sale and leasing of tractors, generators, mini excavators, forklifts, and commodity parts. The Group operates through segments including Construction Machinery (sales, rental, and after-sales services), Mining Contracting (which generates maximum revenue), Thermal and Metallurgical Coal, Gold, and Other Mineral Mining, as well as other segments focused on construction services, energy, and related activities.
90GF Score

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

$25.30
Price
$28.19
GF Value