Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Scaled Net Operating Assets: 0.41 (As of Dec. 2025)


CAS:SNP Societe Nationale d'Electrolyse et de Petrochimie CAS:SNP
56 GF Score
Price MAD340.00
GF Value MAD475.65
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Societe Nationale d'Electrolyse et de Petrochimie Scaled Net Operating Assets?

Societe Nationale d'Electrolyse et de Petrochimie CAS:SNP 56 Scaled Net Operating Assets is 0.41 as of Dec. 2025. GuruFocus rates CAS:SNP with a GF Score™ of 56/100 and a GF Value™ of MAD475.65 (Modestly Undervalued). 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.

Societe Nationale d'Electrolyse et de Petrochimie's operating assets for the quarter that ended in Dec. 2025 was MAD1,709.1 Mil. Societe Nationale d'Electrolyse et de Petrochimie's operating liabilities for the quarter that ended in Dec. 2025 was MAD964.7 Mil. Societe Nationale d'Electrolyse et de Petrochimie's Total Assets for the quarter that ended in Jun. 2025 was MAD1,794.6 Mil. Therefore, Societe Nationale d'Electrolyse et de Petrochimie's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.41.


Societe Nationale d'Electrolyse et de Petrochimie Scaled Net Operating Assets Historical Data

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The historical data trend for Societe Nationale d'Electrolyse et de Petrochimie'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.

Societe Nationale d'Electrolyse et de Petrochimie Scaled Net Operating Assets Chart

Societe Nationale d'Electrolyse et de Petrochimie 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 0.60 0.57 0.55 0.58 0.40

Societe Nationale d'Electrolyse et de Petrochimie 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 0.55 0.52 0.56 0.47 0.42

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

For the Specialty Chemicals subindustry, Societe Nationale d'Electrolyse et de Petrochimie'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.


Societe Nationale d'Electrolyse et de Petrochimie Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Societe Nationale d'Electrolyse et de Petrochimie's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Societe Nationale d'Electrolyse et de Petrochimie's Scaled Net Operating Assets falls into.


CAS:SNP
56GF Score
Societe Nationale d'Electrolyse et de Petrochimie CAS:SNP
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Societe Nationale d'Electrolyse et de Petrochimie 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.

Societe Nationale d'Electrolyse et de Petrochimie'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 )
=(1709.131-964.723)/1865.537
=0.40

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1710.393 - 1.262
=1709.131

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1223.342 - 258.619 - 0
=964.723

Societe Nationale d'Electrolyse et de Petrochimie'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 )
=(1709.131-964.723)/1794.56
=0.41

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1710.393 - 1.262
=1709.131

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1223.342 - 258.619 - 0
=964.723

* 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 0.41 mean?
Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) has a Scaled Net Operating Assets of 0.41 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 Societe Nationale d'Electrolyse et de Petrochimie and its competitors.
Is Societe Nationale d'Electrolyse et de Petrochimie's Scaled Net Operating Assets too high?
Societe Nationale d'Electrolyse et de Petrochimie's current Scaled Net Operating Assets is 0.41. Overall, Societe Nationale d'Electrolyse et de Petrochimie has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Societe Nationale d'Electrolyse et de Petrochimie's Scaled Net Operating Assets compare to LIN and SHW?
Societe Nationale d'Electrolyse et de Petrochimie's Scaled Net Operating Assets of 0.41 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 Societe Nationale d'Electrolyse et de Petrochimie and its competitors. Societe Nationale d'Electrolyse et de Petrochimie's current Scaled Net Operating Assets is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Societe Nationale d'Electrolyse et de Petrochimie stock overvalued right now?
Based on GuruFocus' analysis, Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD475.65, compared to a current price of MAD340.00 — trading 28.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.41. Societe Nationale d'Electrolyse et de Petrochimie's overall GF Score™ is 56/100 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 Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP), the current Scaled Net Operating Assets is 0.41 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 Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Overvalued in 2026?

Based on GuruFocus' analysis, Societe Nationale d'Electrolyse et de Petrochimie stock appears to be undervalued. The current stock price of MAD340.00 is trading 28.5% below its estimated GF Value™ of MAD475.65. GuruFocus considers Societe Nationale d'Electrolyse et de Petrochimie to be Modestly Undervalued.

Key valuation signals for CAS:SNP:

  • Scaled Net Operating Assets: 0.41
  • GF Value™: MAD475.65 vs. price of MAD340.00 (28.5% below fair value)
  • GF Score™: 56/100 with 4 warning signs

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


Societe Nationale d'Electrolyse et de Petrochimie Business Description

Address Route Cotiere N 111 - Mohammadia, Casablanca, MAR
Societe Nationale d'Electrolyse et de Petrochimie manufactures vinyl products (PVC and Compound PVC) and products resulting from electrolysis (Soda, Chlorine, Bleach) and Hydrochloric Acid. The company ioffers its products to BTP, Irrigation, Drinking water supply and sanitation, Detergency and domestic and industrial hygiene, Water treatment, and Food industry.
56GF Score

Get the complete analysis for CAS:SNP

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

MAD340.00
Price
MAD475.65
GF Value