Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Afriquia Gaz's operating assets for the quarter that ended in Dec. 2025 was MAD8,217 Mil. Afriquia Gaz's operating liabilities for the quarter that ended in Dec. 2025 was MAD4,675 Mil. Afriquia Gaz's Total Assets for the quarter that ended in Jun. 2025 was MAD9,109 Mil. Therefore, Afriquia Gaz's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.39.
Afriquia Gaz Scaled Net Operating Assets Related Terms
Afriquia Gaz Scaled Net Operating Assets Historical Data
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The historical data trend for Afriquia Gaz'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.
CAS:GAZ vs VLO, MPC, PSX: Scaled Net Operating Assets Comparison
For the Oil & Gas Refining & Marketing subindustry, Afriquia Gaz'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.
Afriquia Gaz Scaled Net Operating Assets vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Afriquia Gaz's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Afriquia Gaz's Scaled Net Operating Assets falls into.
* 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 0.39 mean?
Afriquia Gaz (CAS:GAZ) has a Scaled Net Operating Assets of 0.39 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 Afriquia Gaz and its competitors.
Is Afriquia Gaz's Scaled Net Operating Assets too high?
Afriquia Gaz's current Scaled Net Operating Assets is 0.39. Overall, Afriquia Gaz has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Afriquia Gaz's Scaled Net Operating Assets compare to VLO and MPC?
Afriquia Gaz's Scaled Net Operating Assets of 0.39 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas 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 Afriquia Gaz and its competitors. Afriquia Gaz's current Scaled Net Operating Assets is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afriquia Gaz stock overvalued right now?
Based on GuruFocus' analysis, Afriquia Gaz (CAS:GAZ) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD4,371.79, compared to a current price of MAD3,650.00 — trading 16.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.39. Afriquia Gaz's overall GF Score™ is 82/100 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 Afriquia Gaz (CAS:GAZ), the current Scaled Net Operating Assets is 0.39 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 Afriquia Gaz (CAS:GAZ) Overvalued in 2026?
Based on GuruFocus' analysis, Afriquia Gaz stock appears to be undervalued.
The current stock price of MAD3,650.00 is trading 16.5% below its estimated GF Value™ of MAD4,371.79.
GuruFocus considers Afriquia Gaz to be Modestly Undervalued.
Key valuation signals for CAS:GAZ:
Scaled Net Operating Assets: 0.39
GF Value™: MAD4,371.79 vs. price of MAD3,650.00 (16.5% below fair value)
No single metric tells the full story. See the CAS:GAZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afriquia Gaz is a Morocco-based company engaged in the business of distributing liquefied petroleum gas (LPG) such as butane, propane and its by-products. The company is also involved in the import, export, trade, refining, storage, stocking, transportation, deposit and administration of LPG. It markets its products under five brands namely Afriquia Gaz, Tissir Gaz, Campingaz, Ultragaz and National Gaz.
82GF Score
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