Abu Dhabi National Oil Co For Distribution PJSC (ADX:ADNOCDIST) Scaled Net Operating Assets: 0.41 (As of Mar. 2026)


ADX:ADNOCDIST Abu Dhabi National Oil Co For Distribution PJSC ADX:ADNOCDIST
86 GF Score
Price د.إ4.00
GF Value د.إ3.99
Valuation Fairly Valued
! 6 Warning Signs
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What is Abu Dhabi National Oil Co For Distribution PJSC Scaled Net Operating Assets?

Abu Dhabi National Oil Co For Distribution PJSC ADX:ADNOCDIST +0.50% 86 Scaled Net Operating Assets is 0.41 as of Mar. 2026. GuruFocus rates ADX:ADNOCDIST with a GF Score™ of 86/100 and a GF Value™ of د.إ3.99 (Fairly Valued). The stock has 6 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.

Abu Dhabi National Oil Co For Distribution PJSC's operating assets for the quarter that ended in Mar. 2026 was د.إ15,601 Mil. Abu Dhabi National Oil Co For Distribution PJSC's operating liabilities for the quarter that ended in Mar. 2026 was د.إ8,365 Mil. Abu Dhabi National Oil Co For Distribution PJSC's Total Assets for the quarter that ended in Dec. 2025 was د.إ17,675 Mil. Therefore, Abu Dhabi National Oil Co For Distribution PJSC's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.41.


Abu Dhabi National Oil Co For Distribution PJSC Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Abu Dhabi National Oil Co For Distribution PJSC'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.

Abu Dhabi National Oil Co For Distribution PJSC Scaled Net Operating Assets Chart

Abu Dhabi National Oil Co For Distribution PJSC 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 0.59 0.54 0.49 0.40 0.43

Abu Dhabi National Oil Co For Distribution PJSC 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 0.39 0.45 0.39 0.43 0.41

ADX:ADNOCDIST vs CASY, WSM, DKS: Scaled Net Operating Assets Comparison

For the Specialty Retail subindustry, Abu Dhabi National Oil Co For Distribution PJSC'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.


Abu Dhabi National Oil Co For Distribution PJSC Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Abu Dhabi National Oil Co For Distribution PJSC's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Abu Dhabi National Oil Co For Distribution PJSC's Scaled Net Operating Assets falls into.


ADX:ADNOCDIST
86GF Score
Abu Dhabi National Oil Co For Distribution PJSC ADX:ADNOCDIST
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Abu Dhabi National Oil Co For Distribution 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 Oil Co For Distribution 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 )
=(15114.511-7222.266)/18180.794
=0.43

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=17675.365 - 2560.854
=15114.511

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14214.568 - 6789.05 - 203.252
=7222.266

Abu Dhabi National Oil Co For Distribution 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 )
=(15600.589-8365.267)/17675.365
=0.41

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=18179.869 - 2579.28
=15600.589

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15312.379 - 6758.385 - 188.727
=8365.267

* 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 0.41 mean?
Abu Dhabi National Oil Co For Distribution PJSC (ADX:ADNOCDIST) has a Scaled Net Operating Assets of 0.41 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 Oil Co For Distribution PJSC and its competitors.
Is Abu Dhabi National Oil Co For Distribution PJSC's Scaled Net Operating Assets too high?
Abu Dhabi National Oil Co For Distribution PJSC's current Scaled Net Operating Assets is 0.41. Overall, Abu Dhabi National Oil Co For Distribution PJSC has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Abu Dhabi National Oil Co For Distribution PJSC's Scaled Net Operating Assets compare to CASY and WSM?
Abu Dhabi National Oil Co For Distribution PJSC's Scaled Net Operating Assets of 0.41 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 Oil Co For Distribution PJSC and its competitors. Abu Dhabi National Oil Co For Distribution PJSC's current Scaled Net Operating Assets is 0.41. 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 Oil Co For Distribution PJSC stock overvalued right now?
Based on GuruFocus' analysis, Abu Dhabi National Oil Co For Distribution PJSC (ADX:ADNOCDIST) is currently considered Fairly Valued. The stock's GF Value™ is د.إ3.99, compared to a current price of د.إ4.00 — trading 0.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.41. Abu Dhabi National Oil Co For Distribution PJSC's overall GF Score™ is 86/100 with 6 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 Abu Dhabi National Oil Co For Distribution PJSC (ADX:ADNOCDIST), the current Scaled Net Operating Assets is 0.41 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 Oil Co For Distribution PJSC (ADX:ADNOCDIST) Overvalued in 2026?

Based on GuruFocus' analysis, Abu Dhabi National Oil Co For Distribution PJSC stock appears to be overvalued. The current stock price of د.إ4.00 is trading 0.3% above its estimated GF Value™ of د.إ3.99. GuruFocus considers Abu Dhabi National Oil Co For Distribution PJSC to be Fairly Valued.

Key valuation signals for ADX:ADNOCDIST:

  • Scaled Net Operating Assets: 0.41
  • GF Value™: د.إ3.99 vs. price of د.إ4.00 (0.3% above fair value)
  • GF Score™: 86/100 with 6 warning signs

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


Abu Dhabi National Oil Co For Distribution PJSC Business Description

Address Sheikh Zayed Street, P.O. Box 4188, Next to to ADCB Building, Abu Dhabi, ARE
Abu Dhabi National Oil Co For Distribution PJSC is engaged in the marketing of petroleum products, natural gas, and ancillary products. It owns retail fuel stations in the United Arab Emirates (UAE), the Arab Republic of Egypt, and the Kingdom of Saudi Arabia. In addition, the group also sells petroleum products to government and commercial customers, and provides aviation fuel and fueling services to its clients. Its reportable segments are Commercial (B2B) and Retail (B2C). Majority revenue is generated from the Retail (B2C) segment, which is engaged in the sale of gasoline and petroleum products, convenience store sales, car wash and other car care services, oil change services, vehicle inspection services, and property leasing and management through the retail sites.
86GF Score

Get the complete analysis for ADX:ADNOCDIST

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

د.إ4.00
Price
د.إ3.99
GF Value