Bahrain National Holding Co BSC (BAH:BNH) Scaled Net Operating Assets: 0.62 (As of Mar. 2026)

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BAH:BNH Bahrain National Holding Co BSC BAH:BNH
41 GF Score
Price BHD0.50
GF Value BHD0.59
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Bahrain National Holding Co BSC Scaled Net Operating Assets?

Bahrain National Holding Co BSC BAH:BNH +0.40% 41 Scaled Net Operating Assets is 0.62 as of Mar. 2026. GuruFocus rates BAH:BNH with a GF Score™ of 41/100 and a GF Value™ of BHD0.59 (Modestly Undervalued). 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.

Bahrain National Holding Co BSC's operating assets for the quarter that ended in Mar. 2026 was BHD62.21 Mil. Bahrain National Holding Co BSC's operating liabilities for the quarter that ended in Mar. 2026 was BHD8.26 Mil. Bahrain National Holding Co BSC's Total Assets for the quarter that ended in Dec. 2025 was BHD86.38 Mil. Therefore, Bahrain National Holding Co BSC's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.62.

BAH:BNH
41GF Score
Bahrain National Holding Co BSC BAH:BNH
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Bahrain National Holding Co BSC 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.

Bahrain National Holding Co BSC'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 )
=(66.208-4.729)/111.919
=0.55

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=86.376 - 20.168
=66.208

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.729 - 0 - 0
=4.729

Bahrain National Holding Co BSC'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 )
=(62.205-8.261)/86.376
=0.62

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=85.51 - 23.305
=62.205

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8.261 - 0 - 0
=8.261

* 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 0.62 mean?
Bahrain National Holding Co BSC (BAH:BNH) has a Scaled Net Operating Assets of 0.62 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 Bahrain National Holding Co BSC and its competitors.
Is Bahrain National Holding Co BSC's Scaled Net Operating Assets too high?
Bahrain National Holding Co BSC's current Scaled Net Operating Assets is 0.62. Overall, Bahrain National Holding Co BSC has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bahrain National Holding Co BSC's Scaled Net Operating Assets compare to BRK.A and AIG?
Bahrain National Holding Co BSC's Scaled Net Operating Assets of 0.62 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Bahrain National Holding Co BSC and its competitors. Bahrain National Holding Co BSC's current Scaled Net Operating Assets is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bahrain National Holding Co BSC stock overvalued right now?
Based on GuruFocus' analysis, Bahrain National Holding Co BSC (BAH:BNH) is currently considered Modestly Undervalued. The stock's GF Value™ is BHD0.59, compared to a current price of BHD0.50 — trading 14.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.62. Bahrain National Holding Co BSC's overall GF Score™ is 41/100 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 Bahrain National Holding Co BSC (BAH:BNH), the current Scaled Net Operating Assets is 0.62 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 Bahrain National Holding Co BSC (BAH:BNH) Overvalued in 2026?

Based on GuruFocus' analysis, Bahrain National Holding Co BSC stock appears to be undervalued. The current stock price of BHD0.50 is trading 14.9% below its estimated GF Value™ of BHD0.59. GuruFocus considers Bahrain National Holding Co BSC to be Modestly Undervalued.

Key valuation signals for BAH:BNH:

  • Scaled Net Operating Assets: 0.62
  • GF Value™: BHD0.59 vs. price of BHD0.50 (14.9% below fair value)
  • GF Score™: 41/100 with 4 warning signs

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

Bahrain National Holding Co BSC Business Description

Address BNH Tower, P.O. Box 843, 9th floor, Seef Business District, Manama, BHR
Bahrain National Holding Co BSC is a Bahrain-based company engaged in asset management activities. The group operates through a single reportable segment, Asset Management, which comprises marketable portfolio investments, direct investments, and treasury activities.
41GF Score

Get the complete analysis for BAH:BNH

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

BHD0.50
Price
BHD0.59
GF Value