International Holdings Co PJSC (ADX:IHC) Scaled Net Operating Assets: 0.43 (As of Mar. 2026)


ADX:IHC International Holdings Co PJSC ADX:IHC
91 GF Score
Price د.إ382.30
GF Value د.إ621.73
Valuation Significantly Undervalued
! 8 Warning Signs
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What is International Holdings Co PJSC Scaled Net Operating Assets?

International Holdings Co PJSC ADX:IHC +0.61% 91 Scaled Net Operating Assets is 0.43 as of Mar. 2026. GuruFocus rates ADX:IHC with a GF Score™ of 91/100 and a GF Value™ of د.إ621.73 (Significantly Undervalued). The stock has 8 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.

International Holdings Co PJSC's operating assets for the quarter that ended in Mar. 2026 was د.إ278,200 Mil. International Holdings Co PJSC's operating liabilities for the quarter that ended in Mar. 2026 was د.إ95,756 Mil. International Holdings Co PJSC's Total Assets for the quarter that ended in Dec. 2025 was د.إ428,602 Mil. Therefore, International Holdings Co PJSC's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.43.


International Holdings Co PJSC Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for International Holdings Co 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.

International Holdings Co PJSC Scaled Net Operating Assets Chart

International Holdings Co 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 2.65 1.16 0.59 0.75 0.44

International Holdings Co 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 0.52 0.50 0.52 0.38 0.43

ADX:IHC vs HON, MMM: Scaled Net Operating Assets Comparison

For the Conglomerates subindustry, International Holdings Co 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.


International Holdings Co PJSC Scaled Net Operating Assets vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, International Holdings Co PJSC's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where International Holdings Co PJSC's Scaled Net Operating Assets falls into.


ADX:IHC
91GF Score
International Holdings Co PJSC ADX:IHC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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International Holdings 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.

International Holdings 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 )
=(263324.055-87812.483)/401810.558
=0.44

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=428602.01 - 165277.955
=263324.055

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=177901.19 - 77230.127 - 12858.58
=87812.483

International Holdings 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 )
=(278199.856-95755.725)/428602.01
=0.43

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=445322.077 - 167122.221
=278199.856

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=196221.79 - 84126.914 - 16339.151
=95755.725

* 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 0.43 mean?
International Holdings Co PJSC (ADX:IHC) has a Scaled Net Operating Assets of 0.43 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 International Holdings Co PJSC and its competitors.
Is International Holdings Co PJSC's Scaled Net Operating Assets too high?
International Holdings Co PJSC's current Scaled Net Operating Assets is 0.43. Overall, International Holdings Co PJSC has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does International Holdings Co PJSC's Scaled Net Operating Assets compare to HON and MMM?
International Holdings Co PJSC's Scaled Net Operating Assets of 0.43 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Scaled Net Operating Assets depends on the Conglomerates 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 International Holdings Co PJSC and its competitors. International Holdings Co PJSC's current Scaled Net Operating Assets is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Holdings Co PJSC stock overvalued right now?
Based on GuruFocus' analysis, International Holdings Co PJSC (ADX:IHC) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ621.73, compared to a current price of د.إ382.30 — trading 38.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.43. International Holdings Co PJSC's overall GF Score™ is 91/100 with 8 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 International Holdings Co PJSC (ADX:IHC), the current Scaled Net Operating Assets is 0.43 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 International Holdings Co PJSC (ADX:IHC) Overvalued in 2026?

Based on GuruFocus' analysis, International Holdings Co PJSC stock appears to be undervalued. The current stock price of د.إ382.30 is trading 38.5% below its estimated GF Value™ of د.إ621.73. GuruFocus considers International Holdings Co PJSC to be Significantly Undervalued.

Key valuation signals for ADX:IHC:

  • Scaled Net Operating Assets: 0.43
  • GF Value™: د.إ621.73 vs. price of د.إ382.30 (38.5% below fair value)
  • GF Score™: 91/100 with 8 warning signs

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


International Holdings Co PJSC Business Description

Address Al Muntazah-Ministries Complex, P.O. Box 32619, Abu Dhabi, ARE
International Holdings Co PJSC is a United Arab Emirates-based public joint stock company. The group, along with its subsidiaries, is engaged in management services and investing in diversified projects; trading and importing of food items; the sale of poultry products, and others. The company is organized into business segments as follows: Real estate and construction, Food, Technology, Financial services, Marine and dredging, Hospitality and leisure, Energy, Services, and other segments. It generates the majority of its revenue from the Real estate and construction segment.
91GF Score

Get the complete analysis for ADX:IHC

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

د.إ382.30
Price
د.إ621.73
GF Value