Butwal Power Co (XNEP:BPCL) Scaled Net Operating Assets: 0.72 (As of Jan. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XNEP:BPCL Butwal Power Co Ltd XNEP:BPCL
85 GF Score
Price NPR673.00
GF Value NPR725.85
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Butwal Power Co Scaled Net Operating Assets?

Butwal Power Co XNEP:BPCL -0.30% 85 Scaled Net Operating Assets is 0.72 as of Jan. 2026. GuruFocus rates XNEP:BPCL with a GF Score™ of 85/100 and a GF Value™ of NPR725.85 (Fairly Valued). The stock has 2 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.

Butwal Power Co's operating assets for the quarter that ended in Jan. 2026 was NPR6,941 Mil. Butwal Power Co's operating liabilities for the quarter that ended in Jan. 2026 was NPR911 Mil. Butwal Power Co's Total Assets for the quarter that ended in Oct. 2025 was NPR8,336 Mil. Therefore, Butwal Power Co's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.72.


Butwal Power Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Butwal Power Co'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.

Butwal Power Co Scaled Net Operating Assets Chart

Butwal Power Co Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.86 0.84 0.94 0.98

Butwal Power Co Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 0.82 0.83 1.95 0.38 0.72

Butwal Power Co Scaled Net Operating Assets Competitor Comparison

For the Utilities - Renewable subindustry, Butwal Power Co'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.


Butwal Power Co Scaled Net Operating Assets vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Butwal Power Co's Scaled Net Operating Assets distribution charts can be found below:

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


XNEP:BPCL
85GF Score
Butwal Power Co Ltd XNEP:BPCL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Butwal Power Co 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.

Butwal Power Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2025 )
=(Operating Assets (A: Jul. 2025 )-Operating Liabilities (A: Jul. 2025 ))/Total Assets (A: Jul. 2024 )
=(17123.905-1606.473)/15858.651
=0.98

where

Operating Assets(A: Jul. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=18055.421 - 931.516
=17123.905

Operating Liabilities(A: Jul. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9889.625 - 5997.259 - 2285.893
=1606.473

Butwal Power Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2026 )
=(Operating Assets (Q: Jan. 2026 )-Operating Liabilities (Q: Jan. 2026 ))/Total Assets (Q: Oct. 2025 )
=(6941.297-910.519)/8336.439
=0.72

where

Operating Assets(Q: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8014.872 - 1073.575
=6941.297

Operating Liabilities(Q: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=910.519 - 0 - 0
=910.519

* 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 0.72 mean?
Butwal Power Co (XNEP:BPCL) has a Scaled Net Operating Assets of 0.72 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Butwal Power Co and its competitors.
Is Butwal Power Co's Scaled Net Operating Assets too high?
Butwal Power Co's current Scaled Net Operating Assets is 0.72. Overall, Butwal Power Co has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Butwal Power Co's Scaled Net Operating Assets compare to competitors?
Butwal Power Co's Scaled Net Operating Assets of 0.72 can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Scaled Net Operating Assets depends on the Utilities - Independent Power Producers 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 Butwal Power Co and its competitors. Butwal Power Co's current Scaled Net Operating Assets is 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Butwal Power Co stock overvalued right now?
Based on GuruFocus' analysis, Butwal Power Co (XNEP:BPCL) is currently considered Fairly Valued. The stock's GF Value™ is NPR725.85, compared to a current price of NPR673.00 — trading 7.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.72. Butwal Power Co's overall GF Score™ is 85/100 with 2 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 Butwal Power Co (XNEP:BPCL), the current Scaled Net Operating Assets is 0.72 as of Jan. 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 Butwal Power Co (XNEP:BPCL) Overvalued in 2026?

Based on GuruFocus' analysis, Butwal Power Co stock appears to be undervalued. The current stock price of NPR673.00 is trading 7.3% below its estimated GF Value™ of NPR725.85. GuruFocus considers Butwal Power Co to be Fairly Valued.

Key valuation signals for XNEP:BPCL:

  • Scaled Net Operating Assets: 0.72
  • GF Value™: NPR725.85 vs. price of NPR673.00 (7.3% below fair value)
  • GF Score™: 85/100 with 2 warning signs

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


Butwal Power Co Business Description

Address Gangadevi Marga - 313, P.O. Box: 11728, Buddha Nagar, Kathmandu, NPL
Butwal Power Co Ltd is engaged in generation and distribution of electricity. The company is engaged in the development, operation, and maintenance of hydropower plants, engineering and design consultancy of hydropower and infrastructure projects, and manufacturing and repair of hydro-mechanical and electro-mechanical equipment for power plants through its subsidiary companies.
85GF Score

Get the complete analysis for XNEP:BPCL

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

NPR673.00
Price
NPR725.85
GF Value