Afric Industries (CAS:AFI) Scaled Net Operating Assets: 0.76 (As of Dec. 2025)


CAS:AFI Afric Industries SA CAS:AFI
66 GF Score
Price MAD336.95
GF Value MAD338.88
Valuation Fairly Valued
! 6 Warning Signs
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What is Afric Industries Scaled Net Operating Assets?

Afric Industries CAS:AFI -0.01% 66 Scaled Net Operating Assets is 0.76 as of Dec. 2025. GuruFocus rates CAS:AFI with a GF Score™ of 66/100 and a GF Value™ of MAD338.88 (Fairly Valued). The stock has 6 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.

Afric Industries's operating assets for the quarter that ended in Dec. 2025 was MAD49.30 Mil. Afric Industries's operating liabilities for the quarter that ended in Dec. 2025 was MAD8.32 Mil. Afric Industries's Total Assets for the quarter that ended in Jun. 2025 was MAD54.24 Mil. Therefore, Afric Industries's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.76.


Afric Industries Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Afric Industries'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.

Afric Industries Scaled Net Operating Assets Chart

Afric Industries 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 0.73 0.91 0.65 0.80 0.71

Afric Industries Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 0.68 0.69 0.77 0.74 0.76

CAS:AFI vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Afric Industries'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.


Afric Industries Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Afric Industries's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Afric Industries's Scaled Net Operating Assets falls into.


CAS:AFI
66GF Score
Afric Industries SA CAS:AFI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Afric Industries 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.

Afric Industries'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 )
=(49.297-8.32)/57.383
=0.71

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=57.473 - 8.176
=49.297

Afric Industries'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: Jun. 2025 )
=(49.297-8.32)/54.242
=0.76

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=57.473 - 8.176
=49.297

* 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 0.76 mean?
Afric Industries (CAS:AFI) has a Scaled Net Operating Assets of 0.76 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 Afric Industries and its competitors.
Is Afric Industries' Scaled Net Operating Assets too high?
Afric Industries' current Scaled Net Operating Assets is 0.76. Overall, Afric Industries has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Afric Industries' Scaled Net Operating Assets compare to LIN and SHW?
Afric Industries' Scaled Net Operating Assets of 0.76 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Afric Industries and its competitors. Afric Industries's current Scaled Net Operating Assets is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afric Industries stock overvalued right now?
Based on GuruFocus' analysis, Afric Industries (CAS:AFI) is currently considered Fairly Valued. The stock's GF Value™ is MAD338.88, compared to a current price of MAD336.95 — trading 0.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.76. Afric Industries' overall GF Score™ is 66/100 with 6 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 Afric Industries (CAS:AFI), the current Scaled Net Operating Assets is 0.76 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 Afric Industries (CAS:AFI) Overvalued in 2026?

Based on GuruFocus' analysis, Afric Industries stock appears to be undervalued. The current stock price of MAD336.95 is trading 0.6% below its estimated GF Value™ of MAD338.88. GuruFocus considers Afric Industries to be Fairly Valued.

Key valuation signals for CAS:AFI:

  • Scaled Net Operating Assets: 0.76
  • GF Value™: MAD338.88 vs. price of MAD336.95 (0.6% below fair value)
  • GF Score™: 66/100 with 6 warning signs

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


Afric Industries Business Description

Address Lot 107, Street 3, Tetouan Road, Industrial Area of Mghogha, Tangier, MAR, 90000
Afric Industries SA is engaged in the development, production, and marketing of abrasive products of all shapes and sizes. It is also engaged in the manufacturing and sale of tapes and adhesive and self-adhesive tapes; manufacturing, assembling, glazing, installation and marketing of all types of joinery and finished aluminum products and other materials; purchase, sale, import, export, manufacturing, processing, assembly, installation laying of all equipments, materials, tools, accessories, raw materials and spare parts.
66GF Score

Get the complete analysis for CAS:AFI

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

MAD336.95
Price
MAD338.88
GF Value