Maroc Leasing (CAS:MLE) Scaled Net Operating Assets: 0.92 (As of Dec. 2025)

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CAS:MLE Maroc Leasing SA CAS:MLE
33 GF Score
Price MAD365.00
GF Value MAD429.19
Valuation Modestly Undervalued
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What is Maroc Leasing Scaled Net Operating Assets?

Maroc Leasing CAS:MLE 33 Scaled Net Operating Assets is 0.92 as of Dec. 2025. GuruFocus rates CAS:MLE with a GF Score™ of 33/100 and a GF Value™ of MAD429.19 (Modestly Undervalued).

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Maroc Leasing's operating assets for the quarter that ended in Dec. 2025 was MAD14,299 Mil. Maroc Leasing's operating liabilities for the quarter that ended in Dec. 2025 was MAD1,732 Mil. Maroc Leasing's Total Assets for the quarter that ended in Jun. 2025 was MAD13,634 Mil. Therefore, Maroc Leasing's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.92.

CAS:MLE
33GF Score
Maroc Leasing SA CAS:MLE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Maroc Leasing 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.

Maroc Leasing'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 )
=(14298.867-1732.077)/13259.462
=0.95

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=14298.867 - 0
=14298.867

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13070.954 - 11338.877 - 0
=1732.077

Maroc Leasing'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 )
=(14298.867-1732.077)/13634.129
=0.92

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=14298.867 - 0
=14298.867

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13070.954 - 11338.877 - 0
=1732.077

* 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 0.92 mean?
Maroc Leasing (CAS:MLE) has a Scaled Net Operating Assets of 0.92 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 Maroc Leasing and its competitors.
Is Maroc Leasing's Scaled Net Operating Assets too high?
Maroc Leasing's current Scaled Net Operating Assets is 0.92. Overall, Maroc Leasing has a GF Score™ of 33/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maroc Leasing's Scaled Net Operating Assets compare to RKT and FNMA?
Maroc Leasing's Scaled Net Operating Assets of 0.92 can be compared against companies in the Banks 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 Banks company?
A good Scaled Net Operating Assets depends on the Banks 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 Maroc Leasing and its competitors. Maroc Leasing's current Scaled Net Operating Assets is 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maroc Leasing stock overvalued right now?
Based on GuruFocus' analysis, Maroc Leasing (CAS:MLE) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD429.19, compared to a current price of MAD365.00 — trading 15% below its estimated fair value. The current Scaled Net Operating Assets is 0.92. Maroc Leasing's overall GF Score™ is 33/100. 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 Maroc Leasing (CAS:MLE), the current Scaled Net Operating Assets is 0.92 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 Maroc Leasing (CAS:MLE) Overvalued in 2026?

Based on GuruFocus' analysis, Maroc Leasing stock appears to be undervalued. The current stock price of MAD365.00 is trading 15% below its estimated GF Value™ of MAD429.19. GuruFocus considers Maroc Leasing to be Modestly Undervalued.

Key valuation signals for CAS:MLE:

  • Scaled Net Operating Assets: 0.92
  • GF Value™: MAD429.19 vs. price of MAD365.00 (15% below fair value)
  • GF Score™: 33/100

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

Maroc Leasing Business Description

Address 57. Angle Boulevard Abdelmoumen et Rue Pinel, Casablanca, MAR
Maroc Leasing SA provides lease financing for real estate and furniture. It also helps in financing lease for movable and immovable property professional, commercial and industrial.
33GF Score

Get the complete analysis for CAS:MLE

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

MAD365.00
Price
MAD429.19
GF Value