Union Insurance Co (ADX:UNION) Scaled Net Operating Assets: 0.18 (As of Mar. 2026)


ADX:UNION Union Insurance Co ADX:UNION
51 GF Score
Price د.إ1.32
GF Value د.إ1.21
Valuation Fairly Valued
! 4 Warning Signs
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What is Union Insurance Co Scaled Net Operating Assets?

Union Insurance Co ADX:UNION 51 Scaled Net Operating Assets is 0.18 as of Mar. 2026. GuruFocus rates ADX:UNION with a GF Score™ of 51/100 and a GF Value™ of د.إ1.21 (Fairly Valued). The stock has 4 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.

Union Insurance Co's operating assets for the quarter that ended in Mar. 2026 was د.إ1,436.7 Mil. Union Insurance Co's operating liabilities for the quarter that ended in Mar. 2026 was د.إ1,191.5 Mil. Union Insurance Co's Total Assets for the quarter that ended in Dec. 2025 was د.إ1,331.6 Mil. Therefore, Union Insurance Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.18.

ADX:UNION
51GF Score
Union Insurance Co ADX:UNION
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Union Insurance Co 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.

Union Insurance Co'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 )
=(1300.756-1039.125)/1514.05
=0.17

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1331.609 - 30.853
=1300.756

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1042.296 - 1.641 - 1.53
=1039.125

Union Insurance Co'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 )
=(1436.702-1191.541)/1331.609
=0.18

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1488.6 - 51.898
=1436.702

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1194.397 - 2.856 - 0
=1191.541

* 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 0.18 mean?
Union Insurance Co (ADX:UNION) has a Scaled Net Operating Assets of 0.18 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 Union Insurance Co and its competitors.
Is Union Insurance Co's Scaled Net Operating Assets too high?
Union Insurance Co's current Scaled Net Operating Assets is 0.18. Overall, Union Insurance Co has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Union Insurance Co's Scaled Net Operating Assets compare to BRK.A and AIG?
Union Insurance Co's Scaled Net Operating Assets of 0.18 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 Union Insurance Co and its competitors. Union Insurance Co's current Scaled Net Operating Assets is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, Union Insurance Co (ADX:UNION) is currently considered Fairly Valued. The stock's GF Value™ is د.إ1.21, compared to a current price of د.إ1.32 — trading 9.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.18. Union Insurance Co's overall GF Score™ is 51/100 with 4 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 Union Insurance Co (ADX:UNION), the current Scaled Net Operating Assets is 0.18 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 Union Insurance Co (ADX:UNION) Overvalued in 2026?

Based on GuruFocus' analysis, Union Insurance Co stock appears to be overvalued. The current stock price of د.إ1.32 is trading 9.1% above its estimated GF Value™ of د.إ1.21. GuruFocus considers Union Insurance Co to be Fairly Valued.

Key valuation signals for ADX:UNION:

  • Scaled Net Operating Assets: 0.18
  • GF Value™: د.إ1.21 vs. price of د.إ1.32 (9.1% above fair value)
  • GF Score™: 51/100 with 4 warning signs

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

Union Insurance Co Business Description

Address Sheikh Zayed Road, Single Business Tower, P.O Box 119227, Dubai, ARE
Union Insurance Co is a UAE-based insurance company engaged in the underwriting of various insurance products. The company provides retail and commercial insurance solutions across the United Arab Emirates and the Middle East. It operates through two segments: General Insurance and Life Assurance. The General Insurance segment includes auto, marine, engineering, healthcare, fire, travel, employee benefits, and general accident insurance, while the Life Assurance segment offers short-term and long-term life insurance. The company generates the majority of its revenue from the General Insurance segment. Its geographical segments include the United Arab Emirates, GCC Countries, and Others.
51GF Score

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

د.إ1.32
Price
د.إ1.21
GF Value