Aluminium du Maroc (CAS:ALM) Scaled Net Operating Assets: 0.20 (As of Dec. 2025)


CAS:ALM Aluminium du Maroc CAS:ALM
60 GF Score
Price MAD1,909.00
GF Value MAD1,592.84
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Aluminium du Maroc Scaled Net Operating Assets?

Aluminium du Maroc CAS:ALM +0.47% 60 Scaled Net Operating Assets is 0.20 as of Dec. 2025. GuruFocus rates CAS:ALM with a GF Score™ of 60/100 and a GF Value™ of MAD1,592.84 (Modestly Overvalued). 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.

Aluminium du Maroc's operating assets for the quarter that ended in Dec. 2025 was MAD1,030 Mil. Aluminium du Maroc's operating liabilities for the quarter that ended in Dec. 2025 was MAD794 Mil. Aluminium du Maroc's Total Assets for the quarter that ended in Jun. 2025 was MAD1,156 Mil. Therefore, Aluminium du Maroc's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.20.


Aluminium du Maroc Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Aluminium du Maroc'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.

Aluminium du Maroc Scaled Net Operating Assets Chart

Aluminium du Maroc 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 0.29 0.21 0.18 0.21 0.22

Aluminium du Maroc 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 0.20 0.16 0.21 0.20 0.20

CAS:ALM vs AA, CENX, CSTM: Scaled Net Operating Assets Comparison

For the Aluminum subindustry, Aluminium du Maroc'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.


Aluminium du Maroc Scaled Net Operating Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aluminium du Maroc's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Aluminium du Maroc's Scaled Net Operating Assets falls into.


CAS:ALM
60GF Score
Aluminium du Maroc CAS:ALM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Aluminium du Maroc 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.

Aluminium du Maroc'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 )
=(1030.269-793.946)/1078.099
=0.22

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1079.993 - 49.724
=1030.269

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=793.946 - 0 - 0
=793.946

Aluminium du Maroc'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 )
=(1030.269-793.946)/1156.252
=0.20

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1079.993 - 49.724
=1030.269

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=793.946 - 0 - 0
=793.946

* 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 0.20 mean?
Aluminium du Maroc (CAS:ALM) has a Scaled Net Operating Assets of 0.20 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 Aluminium du Maroc and its competitors.
Is Aluminium du Maroc's Scaled Net Operating Assets too high?
Aluminium du Maroc's current Scaled Net Operating Assets is 0.20. Overall, Aluminium du Maroc has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aluminium du Maroc's Scaled Net Operating Assets compare to AA and CENX?
Aluminium du Maroc's Scaled Net Operating Assets of 0.20 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining 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 Aluminium du Maroc and its competitors. Aluminium du Maroc's current Scaled Net Operating Assets is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aluminium du Maroc stock overvalued right now?
Based on GuruFocus' analysis, Aluminium du Maroc (CAS:ALM) is currently considered Modestly Overvalued. The stock's GF Value™ is MAD1,592.84, compared to a current price of MAD1,909.00 — trading 19.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.20. Aluminium du Maroc's overall GF Score™ is 60/100 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 Aluminium du Maroc (CAS:ALM), the current Scaled Net Operating Assets is 0.20 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 Aluminium du Maroc (CAS:ALM) Overvalued in 2026?

Based on GuruFocus' analysis, Aluminium du Maroc stock appears to be overvalued. The current stock price of MAD1,909.00 is trading 19.8% above its estimated GF Value™ of MAD1,592.84. GuruFocus considers Aluminium du Maroc to be Modestly Overvalued.

Key valuation signals for CAS:ALM:

  • Scaled Net Operating Assets: 0.20
  • GF Value™: MAD1,592.84 vs. price of MAD1,909.00 (19.8% above fair value)
  • GF Score™: 60/100 with 6 warning signs

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


Aluminium du Maroc Business Description

Address Industrial Zone - Tetouan Road, BP 324, Tangier, MAR, 90000
Aluminium du Maroc is engaged in design and manufacture of aluminum alloy profiles for building and industry. The company's products portfolio includes sliders, doors, roofing, facades, pool barrier, strikes, bodyguards, shutters, and portals.
60GF Score

Get the complete analysis for CAS:ALM

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

MAD1,909.00
Price
MAD1,592.84
GF Value