ALEC Holdings PJSC (DFM:ALEC) Scaled Net Operating Assets: 0.09 (As of Dec. 2025)


DFM:ALEC ALEC Holdings PJSC DFM:ALEC
33 GF Score
Price د.إ1.54
! 2 Warning Signs
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What is ALEC Holdings PJSC Scaled Net Operating Assets?

ALEC Holdings PJSC DFM:ALEC -0.65% 33 Scaled Net Operating Assets is 0.09 as of Dec. 2025. GuruFocus rates DFM:ALEC with a GF Score™ of 33/100. The stock has 2 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.

ALEC Holdings PJSC's operating assets for the quarter that ended in Dec. 2025 was د.إ9,084 Mil. ALEC Holdings PJSC's operating liabilities for the quarter that ended in Dec. 2025 was د.إ8,291 Mil. ALEC Holdings PJSC's Total Assets for the quarter that ended in Jun. 2025 was د.إ9,077 Mil. Therefore, ALEC Holdings PJSC's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.09.

ALEC Holdings PJSC Scaled Net Operating Assets Historical Data

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The historical data trend for ALEC Holdings PJSC'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.

ALEC Holdings PJSC Scaled Net Operating Assets Chart

ALEC Holdings PJSC Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.17 0.24 0.13 0.10

ALEC Holdings PJSC Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial 0.24 0.00 0.00 0.09 0.09

DFM:ALEC vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, ALEC Holdings PJSC'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.

ALEC Holdings PJSC Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, ALEC Holdings PJSC's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where ALEC Holdings PJSC's Scaled Net Operating Assets falls into.


DFM:ALEC
33GF Score
ALEC Holdings PJSC DFM:ALEC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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ALEC Holdings PJSC 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.

ALEC Holdings PJSC'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 )
=(9084.339-8290.654)/7744.313
=0.10

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10621.685 - 1537.346
=9084.339

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9227.859 - 475.218 - 461.987
=8290.654

ALEC Holdings PJSC'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 )
=(9084.339-8290.654)/9076.858
=0.09

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10621.685 - 1537.346
=9084.339

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9227.859 - 475.218 - 461.987
=8290.654

* 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 0.09 mean?
ALEC Holdings PJSC (DFM:ALEC) has a Scaled Net Operating Assets of 0.09 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 ALEC Holdings PJSC and its competitors.
Is ALEC Holdings PJSC's Scaled Net Operating Assets too high?
ALEC Holdings PJSC's current Scaled Net Operating Assets is 0.09. Overall, ALEC Holdings PJSC has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does ALEC Holdings PJSC's Scaled Net Operating Assets compare to PWR and FIX?
ALEC Holdings PJSC's Scaled Net Operating Assets of 0.09 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 ALEC Holdings PJSC and its competitors. ALEC Holdings PJSC's current Scaled Net Operating Assets is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALEC Holdings PJSC stock overvalued right now?
ALEC Holdings PJSC (DFM:ALEC) has a current Scaled Net Operating Assets of 0.09. The current Scaled Net Operating Assets is 0.09. ALEC Holdings PJSC's overall GF Score™ is 33/100 with 2 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 ALEC Holdings PJSC (DFM:ALEC), the current Scaled Net Operating Assets is 0.09 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.

ALEC Holdings PJSC Business Description

Address 3601 Marina Plaza, Dubai Marina, Dubai, ARE
ALEC Holdings PJSC is a diversified engineering and construction group in the UAE and KSA, specializing in large-scale, complex, and iconic projects across various sectors including commercial, hospitality, retail, and infrastructure. The company offers comprehensive turnkey solutions encompassing construction, MEP, fit-out, energy, and data center solutions, with a focus on innovation, quality, and sustainability. The management of the Group assess the Group into four key business units: Building and Infrastructure Construction Services, Energy, Related Businesses and Corporate Activities.
33GF Score

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

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