Abu Dhabi National Insurance Co PJSC (ADX:ADNIC) Scaled Net Operating Assets: 0.11 (As of Mar. 2026)


ADX:ADNIC Abu Dhabi National Insurance Co PJSC ADX:ADNIC
64 GF Score
Price د.إ7.24
GF Value د.إ8.81
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Abu Dhabi National Insurance Co PJSC Scaled Net Operating Assets?

Abu Dhabi National Insurance Co PJSC ADX:ADNIC +1.69% 64 Scaled Net Operating Assets is 0.11 as of Mar. 2026. GuruFocus rates ADX:ADNIC with a GF Score™ of 64/100 and a GF Value™ of د.إ8.81 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Abu Dhabi National Insurance Co PJSC's operating assets for the quarter that ended in Mar. 2026 was د.إ8,184 Mil. Abu Dhabi National Insurance Co PJSC's operating liabilities for the quarter that ended in Mar. 2026 was د.إ7,021 Mil. Abu Dhabi National Insurance Co PJSC's Total Assets for the quarter that ended in Dec. 2025 was د.إ10,442 Mil. Therefore, Abu Dhabi National Insurance Co PJSC's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.11.

ADX:ADNIC
64GF Score
Abu Dhabi National Insurance Co PJSC ADX:ADNIC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Abu Dhabi National Insurance Co PJSC 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.

Abu Dhabi National Insurance Co PJSC'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 )
=(9788.724-6703.99)/11804.767
=0.26

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=10441.671 - 652.947
=9788.724

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6703.99 - 0 - 0
=6703.99

Abu Dhabi National Insurance Co PJSC'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 )
=(8183.521-7020.714)/10441.671
=0.11

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=10542.106 - 2358.585
=8183.521

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7020.714 - 0 - 0
=7020.714

* 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 0.11 mean?
Abu Dhabi National Insurance Co PJSC (ADX:ADNIC) has a Scaled Net Operating Assets of 0.11 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 Abu Dhabi National Insurance Co PJSC and its competitors.
Is Abu Dhabi National Insurance Co PJSC's Scaled Net Operating Assets too high?
Abu Dhabi National Insurance Co PJSC's current Scaled Net Operating Assets is 0.11. Overall, Abu Dhabi National Insurance Co PJSC has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Abu Dhabi National Insurance Co PJSC's Scaled Net Operating Assets compare to BRK.A and AIG?
Abu Dhabi National Insurance Co PJSC's Scaled Net Operating Assets of 0.11 can be compared against companies in the Insurance 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 Insurance company?
A good Scaled Net Operating Assets depends on the Insurance 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 Abu Dhabi National Insurance Co PJSC and its competitors. Abu Dhabi National Insurance Co PJSC's current Scaled Net Operating Assets is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abu Dhabi National Insurance Co PJSC stock overvalued right now?
Based on GuruFocus' analysis, Abu Dhabi National Insurance Co PJSC (ADX:ADNIC) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ8.81, compared to a current price of د.إ7.24 — trading 17.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.11. Abu Dhabi National Insurance Co PJSC's overall GF Score™ is 64/100 with 1 warning sign 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 Abu Dhabi National Insurance Co PJSC (ADX:ADNIC), the current Scaled Net Operating Assets is 0.11 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 Abu Dhabi National Insurance Co PJSC (ADX:ADNIC) Overvalued in 2026?

Based on GuruFocus' analysis, Abu Dhabi National Insurance Co PJSC stock appears to be undervalued. The current stock price of د.إ7.24 is trading 17.8% below its estimated GF Value™ of د.إ8.81. GuruFocus considers Abu Dhabi National Insurance Co PJSC to be Modestly Undervalued.

Key valuation signals for ADX:ADNIC:

  • Scaled Net Operating Assets: 0.11
  • GF Value™: د.إ8.81 vs. price of د.إ7.24 (17.8% below fair value)
  • GF Score™: 64/100 with 1 warning sign

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

Abu Dhabi National Insurance Co PJSC Business Description

Address Mohamed Bin Khalifa Street, P.O. Box: 839, ADNIC Building No. 403, Al Danah, Zone 1, Abu Dhabi, ARE
Abu Dhabi National Insurance Co PJSC is engaged in the transaction of insurance and reinsurance business of all classes. The company is organized into two main business segments: Underwriting of commercial lines of business - incorporating all classes of general insurance including marine cargo, marine hull, aviation, energy, property and engineering; and Underwriting of consumer line of business - incorporating all classes of insurance including accident, life, motor and medical. The majority of revenue is derived from Underwriting of commercial lines of business segment.
64GF Score

Get the complete analysis for ADX:ADNIC

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

د.إ7.24
Price
د.إ8.81
GF Value