Al Wathba National Insurance Co PJSC (ADX:AWNIC) Scaled Net Operating Assets: 0.59 (As of Dec. 2025)

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ADX:AWNIC Al Wathba National Insurance Co PJSC ADX:AWNIC
68 GF Score
Price د.إ2.99
GF Value د.إ7.35
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Al Wathba National Insurance Co PJSC Scaled Net Operating Assets?

Al Wathba National Insurance Co PJSC ADX:AWNIC 68 Scaled Net Operating Assets is 0.59 as of Dec. 2025. GuruFocus rates ADX:AWNIC with a GF Score™ of 68/100 and a GF Value™ of د.إ7.35 (Significantly Undervalued). 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.

Al Wathba National Insurance Co PJSC's operating assets for the quarter that ended in Dec. 2025 was د.إ1,804.5 Mil. Al Wathba National Insurance Co PJSC's operating liabilities for the quarter that ended in Dec. 2025 was د.إ681.9 Mil. Al Wathba National Insurance Co PJSC's Total Assets for the quarter that ended in Dec. 2024 was د.إ1,904.1 Mil. Therefore, Al Wathba National Insurance Co PJSC's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.59.

ADX:AWNIC
68GF Score
Al Wathba National Insurance Co PJSC ADX:AWNIC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Al Wathba 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.

Al Wathba 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 )
=(1972.011-681.94)/1904.134
=0.68

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2046.402 - 74.391
=1972.011

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=809.902 - 127.962 - 0
=681.94

Al Wathba National Insurance Co PJSC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Dec. 2024 )
=(1804.463-681.94)/1904.134
=0.59

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2046.402 - 241.939
=1804.463

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=809.902 - 127.962 - 0
=681.94

* 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 0.59 mean?
Al Wathba National Insurance Co PJSC (ADX:AWNIC) has a Scaled Net Operating Assets of 0.59 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Al Wathba National Insurance Co PJSC and its competitors.
Is Al Wathba National Insurance Co PJSC's Scaled Net Operating Assets too high?
Al Wathba National Insurance Co PJSC's current Scaled Net Operating Assets is 0.59. Overall, Al Wathba National Insurance Co PJSC has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Al Wathba National Insurance Co PJSC's Scaled Net Operating Assets compare to CB and PGR?
Al Wathba National Insurance Co PJSC's Scaled Net Operating Assets of 0.59 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 Al Wathba National Insurance Co PJSC and its competitors. Al Wathba National Insurance Co PJSC's current Scaled Net Operating Assets is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Wathba National Insurance Co PJSC stock overvalued right now?
Based on GuruFocus' analysis, Al Wathba National Insurance Co PJSC (ADX:AWNIC) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ7.35, compared to a current price of د.إ2.99 — trading 59.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.59. Al Wathba National Insurance Co PJSC's overall GF Score™ is 68/100 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 Al Wathba National Insurance Co PJSC (ADX:AWNIC), the current Scaled Net Operating Assets is 0.59 as of Dec. 2025. 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 Wathba National Insurance Co PJSC (ADX:AWNIC) Overvalued in 2026?

Based on GuruFocus' analysis, Al Wathba National Insurance Co PJSC stock appears to be undervalued. The current stock price of د.إ2.99 is trading 59.3% below its estimated GF Value™ of د.إ7.35. GuruFocus considers Al Wathba National Insurance Co PJSC to be Significantly Undervalued.

Key valuation signals for ADX:AWNIC:

  • Scaled Net Operating Assets: 0.59
  • GF Value™: د.إ7.35 vs. price of د.إ2.99 (59.3% below fair value)
  • GF Score™: 68/100 with 2 warning signs

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

Al Wathba National Insurance Co PJSC Business Description

Address Mohammed Bin Butti Al Hamed Street, Najda Street, Al Wathba Tower, 9th Street Behind Nissan Showroom, Al Danah - E11, P.O Box: 45154, Abu Dhabi, ARE
Al Wathba National Insurance Co PJSC is principally engaged in underwriting general insurance across all classes, offering a comprehensive multiple products and services for both individual and corporate customers in the UAE. Its individual services include cyber, motor, visit visa, travel, home, and yacht insurance, protecting against various personal risks and financial losses. For corporate clients, the Company offers insurance solutions such as fire and general accident, engineering, oil and energy, marine and aviation, and fleet insurance. The Group's reportable operating segments comprise Motor (which generates the majority of revenue), Health, General Insurance (including property, fire, engineering, energy, liability, marine cargo, and marine hull), and Investments.
68GF Score

Get the complete analysis for ADX:AWNIC

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

د.إ2.99
Price
د.إ7.35
GF Value