Solidarity Bahrain BSC (BAH:SOLID) Scaled Net Operating Assets: 0.28 (As of Mar. 2026)


BAH:SOLID Solidarity Bahrain BSC BAH:SOLID
39 GF Score
Price BHD0.40
GF Value BHD0.67
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Solidarity Bahrain BSC Scaled Net Operating Assets?

Solidarity Bahrain BSC BAH:SOLID 39 Scaled Net Operating Assets is 0.28 as of Mar. 2026. GuruFocus rates BAH:SOLID with a GF Score™ of 39/100 and a GF Value™ of BHD0.67 (Possible Value Trap). 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.

Solidarity Bahrain BSC's operating assets for the quarter that ended in Mar. 2026 was BHD150.52 Mil. Solidarity Bahrain BSC's operating liabilities for the quarter that ended in Mar. 2026 was BHD91.37 Mil. Solidarity Bahrain BSC's Total Assets for the quarter that ended in Dec. 2025 was BHD208.26 Mil. Therefore, Solidarity Bahrain BSC's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.28.

BAH:SOLID
39GF Score
Solidarity Bahrain BSC BAH:SOLID
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solidarity Bahrain 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.

Solidarity Bahrain 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 )
=(188.61-110.9)/108.177
=0.72

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=208.261 - 19.651
=188.61

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=111.917 - 0.678 - 0.339
=110.9

Solidarity Bahrain 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 )
=(150.521-91.367)/208.261
=0.28

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=185.354 - 34.833
=150.521

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=92.281 - 0.914 - 0
=91.367

* 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 0.28 mean?
Solidarity Bahrain BSC (BAH:SOLID) has a Scaled Net Operating Assets of 0.28 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 Solidarity Bahrain BSC and its competitors.
Is Solidarity Bahrain BSC's Scaled Net Operating Assets too high?
Solidarity Bahrain BSC's current Scaled Net Operating Assets is 0.28. Overall, Solidarity Bahrain BSC has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Solidarity Bahrain BSC's Scaled Net Operating Assets compare to BRK.A and AIG?
Solidarity Bahrain BSC's Scaled Net Operating Assets of 0.28 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 Solidarity Bahrain BSC and its competitors. Solidarity Bahrain BSC's current Scaled Net Operating Assets is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solidarity Bahrain BSC stock overvalued right now?
Based on GuruFocus' analysis, Solidarity Bahrain BSC (BAH:SOLID) is currently considered Possible Value Trap. The stock's GF Value™ is BHD0.67, compared to a current price of BHD0.40 — trading 40.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.28. Solidarity Bahrain BSC's overall GF Score™ is 39/100 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 Solidarity Bahrain BSC (BAH:SOLID), the current Scaled Net Operating Assets is 0.28 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 Solidarity Bahrain BSC (BAH:SOLID) Overvalued in 2026?

Based on GuruFocus' analysis, Solidarity Bahrain BSC stock appears to be undervalued. The current stock price of BHD0.40 is trading 40.3% below its estimated GF Value™ of BHD0.67. GuruFocus considers Solidarity Bahrain BSC to be Possible Value Trap.

Key valuation signals for BAH:SOLID:

  • Scaled Net Operating Assets: 0.28
  • GF Value™: BHD0.67 vs. price of BHD0.40 (40.3% below fair value)
  • GF Score™: 39/100 with 4 warning signs

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

Solidarity Bahrain BSC Business Description

Address Road 2825, PO Box 5282, Flat 71, 7th Floor - Seef Tower, Building 2080, Block 428, Seef Area, Manama, BHR
Solidarity Bahrain BSC is engaged in providing insurance services in Bahrain. The company provides motor insurance, home insurance, car insurance, personal accident insurance, medical insurance, travel insurance, and other products. The company operates in the business segments, namely, Non-motor, which includes fire, marine, general accident, liability, Aviation, and engineering lines of business; Motor; Medical; Group Life, which includes group life and credit life business; and Family Takaful, which includes long-term decreasing term and level term business. The maximum of the company's revenue is from the Motor segment. Geographically operates in Bahrain, the UAE, Saudi Arabia, Oman, Kuwait, and other countries.
39GF Score

Get the complete analysis for BAH:SOLID

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

BHD0.40
Price
BHD0.67
GF Value