Northern Cement Co (AMM:NCCO) Scaled Net Operating Assets: 0.64 (As of Mar. 2026)


AMM:NCCO Northern Cement Co AMM:NCCO
97 GF Score
Price JOD1.51
GF Value JOD2.30
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Northern Cement Co Scaled Net Operating Assets?

Northern Cement Co AMM:NCCO 97 Scaled Net Operating Assets is 0.64 as of Mar. 2026. GuruFocus rates AMM:NCCO with a GF Score™ of 97/100 and a GF Value™ of JOD2.30 (Significantly Undervalued). The stock has 5 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.

Northern Cement Co's operating assets for the quarter that ended in Mar. 2026 was JOD100.67 Mil. Northern Cement Co's operating liabilities for the quarter that ended in Mar. 2026 was JOD34.19 Mil. Northern Cement Co's Total Assets for the quarter that ended in Dec. 2025 was JOD104.64 Mil. Therefore, Northern Cement Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.64.


Northern Cement Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Northern Cement Co'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.

Northern Cement Co Scaled Net Operating Assets Chart

Northern Cement Co 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 0.83 0.88 0.61 0.63 0.64

Northern Cement Co 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 0.66 0.63 0.66 0.68 0.64

AMM:NCCO vs CRH, VMC, MLM: Scaled Net Operating Assets Comparison

For the Building Materials subindustry, Northern Cement Co'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.


Northern Cement Co Scaled Net Operating Assets vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Northern Cement Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Northern Cement Co's Scaled Net Operating Assets falls into.


AMM:NCCO
97GF Score
Northern Cement Co AMM:NCCO
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Cement 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.

Northern Cement 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 )
=(102.343-34.09)/106.324
=0.64

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=104.64 - 2.297
=102.343

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=34.147 - 0 - 0.057
=34.09

Northern Cement 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 )
=(100.671-34.186)/104.64
=0.64

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=103.124 - 2.453
=100.671

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=34.233 - 0 - 0.047
=34.186

* 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 0.64 mean?
Northern Cement Co (AMM:NCCO) has a Scaled Net Operating Assets of 0.64 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 Northern Cement Co and its competitors.
Is Northern Cement Co's Scaled Net Operating Assets too high?
Northern Cement Co's current Scaled Net Operating Assets is 0.64. Overall, Northern Cement Co has a GF Score™ of 97/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Northern Cement Co's Scaled Net Operating Assets compare to CRH and VMC?
Northern Cement Co's Scaled Net Operating Assets of 0.64 can be compared against companies in the Building Materials 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 Building Materials company?
A good Scaled Net Operating Assets depends on the Building Materials 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 Northern Cement Co and its competitors. Northern Cement Co's current Scaled Net Operating Assets is 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Northern Cement Co (AMM:NCCO) is currently considered Significantly Undervalued. The stock's GF Value™ is JOD2.30, compared to a current price of JOD1.51 — trading 34.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.64. Northern Cement Co's overall GF Score™ is 97/100 with 5 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 Northern Cement Co (AMM:NCCO), the current Scaled Net Operating Assets is 0.64 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 Northern Cement Co (AMM:NCCO) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Cement Co stock appears to be undervalued. The current stock price of JOD1.51 is trading 34.3% below its estimated GF Value™ of JOD2.30. GuruFocus considers Northern Cement Co to be Significantly Undervalued.

Key valuation signals for AMM:NCCO:

  • Scaled Net Operating Assets: 0.64
  • GF Value™: JOD2.30 vs. price of JOD1.51 (34.3% below fair value)
  • GF Score™: 97/100 with 5 warning signs

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


Northern Cement Co Business Description

Address Al-Abdali Boulevard - Rafik Hariri Avenue, Building No. 7 - Third Floor, Amman, JOR, 961186
Northern Cement Co is engaged in the manufacturing of cement. The company is involved in the clinker industry and grinding, the cement industry, the implantation of other industrial projects, and the purchase of lands. Its products include Ordinary Portland Cement, Portland Pozzolana Cement and Sulphate Resistant Cement, among others.
97GF Score

Get the complete analysis for AMM:NCCO

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

JOD1.51
Price
JOD2.30
GF Value