Dubai Investments PJSC (DFM:DIC) Scaled Net Operating Assets: 0.72 (As of Mar. 2026)


DFM:DIC Dubai Investments PJSC DFM:DIC
60 GF Score
Price د.إ3.75
GF Value د.إ2.70
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Dubai Investments PJSC Scaled Net Operating Assets?

Dubai Investments PJSC DFM:DIC -0.79% 60 Scaled Net Operating Assets is 0.72 as of Mar. 2026. GuruFocus rates DFM:DIC with a GF Score™ of 60/100 and a GF Value™ of د.إ2.70 (Significantly Overvalued). The stock has 6 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.

Dubai Investments PJSC's operating assets for the quarter that ended in Mar. 2026 was د.إ19,233 Mil. Dubai Investments PJSC's operating liabilities for the quarter that ended in Mar. 2026 was د.إ2,508 Mil. Dubai Investments PJSC's Total Assets for the quarter that ended in Dec. 2025 was د.إ23,278 Mil. Therefore, Dubai Investments PJSC's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.72.


Dubai Investments PJSC Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Dubai Investments 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.

Dubai Investments PJSC Scaled Net Operating Assets Chart

Dubai Investments PJSC 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 0.79 0.74 0.79 0.79 0.76

Dubai Investments PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.77 0.75 0.74 0.71 0.72

Dubai Investments PJSC Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Development subindustry, Dubai Investments 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.


Dubai Investments PJSC Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Dubai Investments PJSC's Scaled Net Operating Assets distribution charts can be found below:

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


DFM:DIC
60GF Score
Dubai Investments PJSC DFM:DIC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Dubai Investments 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.

Dubai Investments 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 )
=(19239.422-2407.189)/22098.837
=0.76

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23278.418 - 4038.996
=19239.422

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8054.948 - 3835.325 - 1812.434
=2407.189

Dubai Investments PJSC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(19233.095-2508.213)/23278.418
=0.72

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23431.04 - 4197.945
=19233.095

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8044.667 - 3897.944 - 1638.51
=2508.213

* 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 0.72 mean?
Dubai Investments PJSC (DFM:DIC) has a Scaled Net Operating Assets of 0.72 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Dubai Investments PJSC and its competitors.
Is Dubai Investments PJSC's Scaled Net Operating Assets too high?
Dubai Investments PJSC's current Scaled Net Operating Assets is 0.72. Overall, Dubai Investments PJSC has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dubai Investments PJSC's Scaled Net Operating Assets compare to competitors?
Dubai Investments PJSC's Scaled Net Operating Assets of 0.72 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Dubai Investments PJSC and its competitors. Dubai Investments PJSC's current Scaled Net Operating Assets is 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dubai Investments PJSC stock overvalued right now?
Based on GuruFocus' analysis, Dubai Investments PJSC (DFM:DIC) is currently considered Significantly Overvalued. The stock's GF Value™ is د.إ2.70, compared to a current price of د.إ3.75 — trading 38.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.72. Dubai Investments PJSC's overall GF Score™ is 60/100 with 6 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 Dubai Investments PJSC (DFM:DIC), the current Scaled Net Operating Assets is 0.72 as of Mar. 2026. 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 Dubai Investments PJSC (DFM:DIC) Overvalued in 2026?

Based on GuruFocus' analysis, Dubai Investments PJSC stock appears to be overvalued. The current stock price of د.إ3.75 is trading 38.9% above its estimated GF Value™ of د.إ2.70. GuruFocus considers Dubai Investments PJSC to be Significantly Overvalued.

Key valuation signals for DFM:DIC:

  • Scaled Net Operating Assets: 0.72
  • GF Value™: د.إ2.70 vs. price of د.إ3.75 (38.9% above fair value)
  • GF Score™: 60/100 with 6 warning signs

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


Dubai Investments PJSC Business Description

Address Dubai Investments Park, P.O. Box 28171, Jebel Ali, Dubai, ARE
Dubai Investments PJSC is an investment company with a focus on real estate, manufacturing, industrial, and financial investments across the Middle East. The operations are divided into three segments: The Property segment develops real estate for sale and leasing. The Manufacturing, Contracting, and Services segment manufactures and sells materials used in construction projects, executes construction contracts, produces raw and architectural glass, pharmaceutical products, cooling services, produces aluminum extruded products, laboratory furniture, healthcare, and education. The Investments segment includes strategic minority investments in associates, investment banking, asset management, and financial investments. It generates the majority of its revenue from the Property segment.
60GF Score

Get the complete analysis for DFM:DIC

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

د.إ3.75
Price
د.إ2.70
GF Value