Wafa Assurance (CAS:WAA) Scaled Net Operating Assets: 0.20 (As of Dec. 2025)


CAS:WAA Wafa Assurance SA CAS:WAA
69 GF Score
Price MAD5,620.00
GF Value MAD6,397.25
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Wafa Assurance Scaled Net Operating Assets?

Wafa Assurance CAS:WAA 69 Scaled Net Operating Assets is 0.20 as of Dec. 2025. GuruFocus rates CAS:WAA with a GF Score™ of 69/100 and a GF Value™ of MAD6,397.25 (Modestly Undervalued). The stock has 3 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.

Wafa Assurance's operating assets for the quarter that ended in Dec. 2025 was MAD74,323 Mil. Wafa Assurance's operating liabilities for the quarter that ended in Dec. 2025 was MAD60,303 Mil. Wafa Assurance's Total Assets for the quarter that ended in Jun. 2025 was MAD71,659 Mil. Therefore, Wafa Assurance's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.20.

CAS:WAA
69GF Score
Wafa Assurance SA CAS:WAA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Wafa Assurance 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.

Wafa Assurance'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 )
=(74323.479-60303.102)/65162.161
=0.22

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=75534.168 - 1210.689
=74323.479

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=60303.102 - 0 - 0
=60303.102

Wafa Assurance'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 )
=(74323.479-60303.102)/71658.821
=0.20

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=75534.168 - 1210.689
=74323.479

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=60303.102 - 0 - 0
=60303.102

* 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?
Wafa Assurance (CAS:WAA) 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 Wafa Assurance and its competitors.
Is Wafa Assurance's Scaled Net Operating Assets too high?
Wafa Assurance's current Scaled Net Operating Assets is 0.20. Overall, Wafa Assurance has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wafa Assurance's Scaled Net Operating Assets compare to FNF and AXS?
Wafa Assurance's Scaled Net Operating Assets of 0.20 can be compared against companies in the Insurance 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 Insurance company?
A good Scaled Net Operating Assets depends on the Insurance 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 Wafa Assurance and its competitors. Wafa Assurance'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 Wafa Assurance stock overvalued right now?
Based on GuruFocus' analysis, Wafa Assurance (CAS:WAA) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD6,397.25, compared to a current price of MAD5,620.00 — trading 12.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.20. Wafa Assurance's overall GF Score™ is 69/100 with 3 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 Wafa Assurance (CAS:WAA), 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 Wafa Assurance (CAS:WAA) Overvalued in 2026?

Based on GuruFocus' analysis, Wafa Assurance stock appears to be undervalued. The current stock price of MAD5,620.00 is trading 12.1% below its estimated GF Value™ of MAD6,397.25. GuruFocus considers Wafa Assurance to be Modestly Undervalued.

Key valuation signals for CAS:WAA:

  • Scaled Net Operating Assets: 0.20
  • GF Value™: MAD6,397.25 vs. price of MAD5,620.00 (12.1% below fair value)
  • GF Score™: 69/100 with 3 warning signs

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

Wafa Assurance Business Description

Address 1 bd Abdelmoumen, Casablanca, MAR, 20100
Wafa Assurance SA is a Morocco-based company engaged in the provision of the insurance services. The company offers fire and explosion insurance, theft, and sabotage insurance, water damage insurance, machine breakage insurance, and information and electronic equipment insurance. In addition, it also provides insurance to multiple risks, health, professionals, general accidents, property damage and many more.
69GF Score

Get the complete analysis for CAS:WAA

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

MAD5,620.00
Price
MAD6,397.25
GF Value