Al Khaleej Investment PJSC (ADX:KICO) Scaled Net Operating Assets: 0.59 (As of Dec. 2025)


ADX:KICO Al Khaleej Investment PJSC ADX:KICO
46 GF Score
Price د.إ5.19
GF Value د.إ1.50
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Al Khaleej Investment PJSC Scaled Net Operating Assets?

Al Khaleej Investment PJSC ADX:KICO 46 Scaled Net Operating Assets is 0.59 as of Dec. 2025. GuruFocus rates ADX:KICO with a GF Score™ of 46/100 and a GF Value™ of د.إ1.50 (Significantly Overvalued). The stock has 3 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 Khaleej Investment PJSC's operating assets for the quarter that ended in Dec. 2025 was د.إ191.94 Mil. Al Khaleej Investment PJSC's operating liabilities for the quarter that ended in Dec. 2025 was د.إ5.54 Mil. Al Khaleej Investment PJSC's Total Assets for the quarter that ended in Sep. 2025 was د.إ313.48 Mil. Therefore, Al Khaleej Investment PJSC's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.59.

Al Khaleej Investment PJSC Scaled Net Operating Assets Historical Data

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The historical data trend for Al Khaleej Investment 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.

Al Khaleej Investment PJSC Scaled Net Operating Assets Chart

Al Khaleej Investment 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 0.67 0.76 0.81 0.69 0.62

Al Khaleej Investment PJSC Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.65 0.87 0.72 0.90 0.60

ADX:KICO vs CBRE, BEKE, JLL: Scaled Net Operating Assets Comparison

For the Real Estate Services subindustry, Al Khaleej Investment 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.

Al Khaleej Investment PJSC Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Al Khaleej Investment PJSC's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Al Khaleej Investment PJSC's Scaled Net Operating Assets falls into.


ADX:KICO
46GF Score
Al Khaleej Investment PJSC ADX:KICO
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Al Khaleej Investment 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 Khaleej Investment 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 )
=(191.936-5.543)/298.84
=0.62

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=325.833 - 133.897
=191.936

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=40.214 - 31.083 - 3.588
=5.543

Al Khaleej Investment 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: Sep. 2025 )
=(191.936-5.543)/313.48
=0.59

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=325.833 - 133.897
=191.936

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=40.214 - 31.083 - 3.588
=5.543

* 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 Khaleej Investment PJSC (ADX:KICO) 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 Khaleej Investment PJSC and its competitors.
Is Al Khaleej Investment PJSC's Scaled Net Operating Assets too high?
Al Khaleej Investment PJSC's current Scaled Net Operating Assets is 0.59. Overall, Al Khaleej Investment PJSC has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Al Khaleej Investment PJSC's Scaled Net Operating Assets compare to CBRE and BEKE?
Al Khaleej Investment PJSC's Scaled Net Operating Assets of 0.59 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Khaleej Investment PJSC and its competitors. Al Khaleej Investment 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 Khaleej Investment PJSC stock overvalued right now?
Based on GuruFocus' analysis, Al Khaleej Investment PJSC (ADX:KICO) is currently considered Significantly Overvalued. The stock's GF Value™ is د.إ1.50, compared to a current price of د.إ5.19 — trading 246% above its estimated fair value. The current Scaled Net Operating Assets is 0.59. Al Khaleej Investment PJSC's overall GF Score™ is 46/100 with 3 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 Khaleej Investment PJSC (ADX:KICO), 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 Khaleej Investment PJSC (ADX:KICO) Overvalued in 2026?

Based on GuruFocus' analysis, Al Khaleej Investment PJSC stock appears to be overvalued. The current stock price of د.إ5.19 is trading 246% above its estimated GF Value™ of د.إ1.50. GuruFocus considers Al Khaleej Investment PJSC to be Significantly Overvalued.

Key valuation signals for ADX:KICO:

  • Scaled Net Operating Assets: 0.59
  • GF Value™: د.إ1.50 vs. price of د.إ5.19 (246% above fair value)
  • GF Score™: 46/100 with 3 warning signs

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

Al Khaleej Investment PJSC Business Description

Address AI Khaleej Building, P.O. Box 5662, Ras Al Khaimah, ARE
Al Khaleej Investment PJSC is engaged in investment activities, including the establishment and management of commercial and real estate enterprises, private fund investments, building maintenance, real estate inspection services, and property development. The company operates through segments, comprising Real Estate and Investments, with the Real Estate segment generating the majority of revenue. It operates in the United Arab Emirates.
46GF Score

Get the complete analysis for ADX:KICO

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

د.إ5.19
Price
د.إ1.50
GF Value