The United Basalt Products (XMAU:UBP) Scaled Net Operating Assets: 0.32 (As of Mar. 2026)


XMAU:UBP The United Basalt Products Ltd XMAU:UBP
94 GF Score
Price MUR39.40
GF Value MUR122.14
Valuation Possible Value Trap
! 5 Warning Signs
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What is The United Basalt Products Scaled Net Operating Assets?

The United Basalt Products XMAU:UBP 94 Scaled Net Operating Assets is 0.32 as of Mar. 2026. GuruFocus rates XMAU:UBP with a GF Score™ of 94/100 and a GF Value™ of MUR122.14 (Possible Value Trap). 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.

The United Basalt Products's operating assets for the quarter that ended in Mar. 2026 was MUR13,554 Mil. The United Basalt Products's operating liabilities for the quarter that ended in Mar. 2026 was MUR9,271 Mil. The United Basalt Products's Total Assets for the quarter that ended in Dec. 2025 was MUR13,563 Mil. Therefore, The United Basalt Products's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.32.


The United Basalt Products Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for The United Basalt Products'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.

The United Basalt Products Scaled Net Operating Assets Chart

The United Basalt Products Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.94 1.01 1.03 1.08

The United Basalt Products 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 0.36 0.79 0.32 0.32 0.32

XMAU:UBP vs CRH, VMC, MLM: Scaled Net Operating Assets Comparison

For the Building Materials subindustry, The United Basalt Products'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.


The United Basalt Products Scaled Net Operating Assets vs Building Materials Industry

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

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


XMAU:UBP
94GF Score
The United Basalt Products Ltd XMAU:UBP
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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The United Basalt Products 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.

The United Basalt Products's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(13146.194-2971.009)/9457.181
=1.08

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13641.444 - 495.25
=13146.194

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9431.997 - 3477.726 - 2983.262
=2971.009

The United Basalt Products'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 )
=(13554.337-9270.965)/13563.002
=0.32

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13554.337 - 0
=13554.337

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9270.965 - 0 - 0
=9270.965

* 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 0.32 mean?
The United Basalt Products (XMAU:UBP) has a Scaled Net Operating Assets of 0.32 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 The United Basalt Products and its competitors.
Is The United Basalt Products' Scaled Net Operating Assets too high?
The United Basalt Products' current Scaled Net Operating Assets is 0.32. Overall, The United Basalt Products has a GF Score™ of 94/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does The United Basalt Products' Scaled Net Operating Assets compare to CRH and VMC?
The United Basalt Products' Scaled Net Operating Assets of 0.32 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 The United Basalt Products and its competitors. The United Basalt Products's current Scaled Net Operating Assets is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The United Basalt Products stock overvalued right now?
Based on GuruFocus' analysis, The United Basalt Products (XMAU:UBP) is currently considered Possible Value Trap. The stock's GF Value™ is MUR122.14, compared to a current price of MUR39.40 — trading 67.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.32. The United Basalt Products' overall GF Score™ is 94/100 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 The United Basalt Products (XMAU:UBP), the current Scaled Net Operating Assets is 0.32 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 The United Basalt Products (XMAU:UBP) Overvalued in 2026?

Based on GuruFocus' analysis, The United Basalt Products stock appears to be undervalued. The current stock price of MUR39.40 is trading 67.7% below its estimated GF Value™ of MUR122.14. GuruFocus considers The United Basalt Products to be Possible Value Trap.

Key valuation signals for XMAU:UBP:

  • Scaled Net Operating Assets: 0.32
  • GF Value™: MUR122.14 vs. price of MUR39.40 (67.7% below fair value)
  • GF Score™: 94/100 with 5 warning signs

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


The United Basalt Products Business Description

Address Trianon, Quatre-Bornes, MUS
The United Basalt Products Ltd is engaged in the manufacturing and sale of building materials, which consist mainly of aggregates, rock sand, and concrete blocks. Other products include precast concrete slabs, ready-to-use dry mortar, various concrete building components, including paving blocks and roof tiles, imported floor and wall tiles, sanitary ware, and a complete range of home building and decorating products, fittings, tools, and garden accessories. Services rendered consist mainly of engineering works by the company's workshop and contracting services. The Groups business segments consist of core business activities, retail, and agriculture. The majority of its activity is performed in Mauritius.
94GF Score

Get the complete analysis for XMAU:UBP

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

MUR39.40
Price
MUR122.14
GF Value