Al Suwadi Power CoOG (MUS:SUWP) Net Current Asset Value: ر.ع-0.09 (As of Mar. 2026)

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MUS:SUWP Al Suwadi Power Co SAOG MUS:SUWP
61 GF Score
Price ر.ع0.16
GF Value ر.ع0.08
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Al Suwadi Power CoOG Net Current Asset Value?

Al Suwadi Power CoOG MUS:SUWP 61 Net Current Asset Value is ر.ع-0.09 as of Mar. 2026. GuruFocus rates MUS:SUWP with a GF Score™ of 61/100 and a GF Value™ of ر.ع0.08 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 105 Utilities - Independent Power Producers companies, Al Suwadi Power CoOG ranks worse than 952380% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Al Suwadi Power CoOG's net current asset value per share for the quarter that ended in Mar. 2026 was ر.ع-0.09.

The historical rank and industry rank for Al Suwadi Power CoOG's Net Current Asset Value or its related term are showing as below:

MUS:SUWP's Price-to-Net-Current-Asset-Value is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 5.2
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Al Suwadi Power CoOG  (MUS:SUWP) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Al Suwadi Power CoOG Net Current Asset Value Related Terms


Al Suwadi Power CoOG Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Al Suwadi Power CoOG's Net Current Asset Value 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.

Al Suwadi Power CoOG Net Current Asset Value Chart

Al Suwadi Power CoOG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.21 -0.18 -0.15 -0.13 -0.10

Al Suwadi Power CoOG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Current Asset Value 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 -0.13 -0.11 -0.10 -0.10 -0.09

MUS:SUWP vs CEG, VST, NRG: Net Current Asset Value Comparison

For the Utilities - Independent Power Producers subindustry, Al Suwadi Power CoOG's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.


Al Suwadi Power CoOG Price-to-Net-Current-Asset-Value vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Al Suwadi Power CoOG's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Al Suwadi Power CoOG's Price-to-Net-Current-Asset-Value falls into.


MUS:SUWP
61GF Score
Al Suwadi Power Co SAOG MUS:SUWP
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Al Suwadi Power CoOG Net Current Asset Value Calculation

Al Suwadi Power CoOG's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(12.325-83.835-0-0)/714.406
=-0.10

Al Suwadi Power CoOG's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(14.228-80.798-0-0)/714.406
=-0.09

* 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 Net Current Asset Value of ر.ع-0.09 mean?
Al Suwadi Power CoOG (MUS:SUWP) has a Net Current Asset Value of ر.ع-0.09 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Al Suwadi Power CoOG and its competitors. According to the industry distribution chart, Al Suwadi Power CoOG ranks #999999 out of 105 companies in the Utilities - Independent Power Producers industry.
Is Al Suwadi Power CoOG's Net Current Asset Value too high?
Al Suwadi Power CoOG's current Net Current Asset Value is ر.ع-0.09. Based on the distribution chart, Al Suwadi Power CoOG ranks #999999 out of 105 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Al Suwadi Power CoOG has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Al Suwadi Power CoOG's Net Current Asset Value compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Al Suwadi Power CoOG ranks #999999 out of 105 companies for Net Current Asset Value. This places Al Suwadi Power CoOG in the lower half of its industry. The industry median Net Current Asset Value is 5.20. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for an Utilities - Independent Power Producers company?
The median Net Current Asset Value among Utilities - Independent Power Producers companies is 5.20, based on 105 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value 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 Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Al Suwadi Power CoOG and its competitors. For the Utilities - Independent Power Producers industry, the median Net Current Asset Value is 5.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Suwadi Power CoOG's current Net Current Asset Value is ر.ع-0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Suwadi Power CoOG stock overvalued right now?
Based on GuruFocus' analysis, Al Suwadi Power CoOG (MUS:SUWP) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.08, compared to a current price of ر.ع0.16 — trading 100% above its estimated fair value. The current Net Current Asset Value is ر.ع-0.09. Al Suwadi Power CoOG's overall GF Score™ is 61/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Al Suwadi Power CoOG (MUS:SUWP), the current Net Current Asset Value is ر.ع-0.09 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 Al Suwadi Power CoOG (MUS:SUWP) Overvalued in 2026?

Based on GuruFocus' analysis, Al Suwadi Power CoOG stock appears to be overvalued. The current stock price of ر.ع0.16 is trading 100% above its estimated GF Value™ of ر.ع0.08. GuruFocus considers Al Suwadi Power CoOG to be Significantly Overvalued.

Key valuation signals for MUS:SUWP:

  • Net Current Asset Value: ر.ع-0.09
  • GF Value™: ر.ع0.08 vs. price of ر.ع0.16 (100% above fair value)
  • GF Score™: 61/100 with 4 warning signs

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


Al Suwadi Power CoOG Business Description

Address Muscat Grand Mall Building No. 5, Street No. 35, P.O. Box 39, Bareeq Al Shatti, Level 1 (South East), Al Khuwair, Muscat, OMN, 103
Al Suwadi Power Co SAOG is an Oman-based company. The company owns the Barka 3 Power Plant in the Al Batinah region of the Sultanate of Oman. The Company's objectives are to develop, finance, design, construct, operate, maintain, insure and own a power generating facility (the Barka 3 Power Plant with a capacity of about 750MW, 'the Plant'), and associated gas interconnection facilities and other relevant infrastructure; to make available the demonstrated power capacity; and to sell the electrical energy generated to Nama Power and Water Procurement Company SAOC (PWP).
61GF Score

Get the complete analysis for MUS:SUWP

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

ر.ع0.16
Price
ر.ع0.08
GF Value