Emirates Central Cooling Systems PJSC (DFM:EMPOWER) Scaled Net Operating Assets: 0.52 (As of Mar. 2026)


DFM:EMPOWER Emirates Central Cooling Systems Corp PJSC DFM:EMPOWER
79 GF Score
Price د.إ1.65
GF Value د.إ1.87
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Emirates Central Cooling Systems PJSC Scaled Net Operating Assets?

Emirates Central Cooling Systems PJSC DFM:EMPOWER -1.79% 79 Scaled Net Operating Assets is 0.52 as of Mar. 2026. GuruFocus rates DFM:EMPOWER with a GF Score™ of 79/100 and a GF Value™ of د.إ1.87 (Modestly Undervalued). The stock has 5 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.

Emirates Central Cooling Systems PJSC's operating assets for the quarter that ended in Mar. 2026 was د.إ9,474 Mil. Emirates Central Cooling Systems PJSC's operating liabilities for the quarter that ended in Mar. 2026 was د.إ3,345 Mil. Emirates Central Cooling Systems PJSC's Total Assets for the quarter that ended in Dec. 2025 was د.إ11,817 Mil. Therefore, Emirates Central Cooling Systems PJSC's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.52.


Emirates Central Cooling Systems PJSC Scaled Net Operating Assets Historical Data

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The historical data trend for Emirates Central Cooling Systems 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.

Emirates Central Cooling Systems PJSC Scaled Net Operating Assets Chart

Emirates Central Cooling Systems PJSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.73 0.63 0.75 0.71 0.59

Emirates Central Cooling Systems 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 0.57 0.59 0.58 0.55 0.52

DFM:EMPOWER vs AWK, WTRG, AWR: Scaled Net Operating Assets Comparison

For the Utilities - Regulated Water subindustry, Emirates Central Cooling Systems 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.


Emirates Central Cooling Systems PJSC Scaled Net Operating Assets vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Emirates Central Cooling Systems PJSC's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Emirates Central Cooling Systems PJSC's Scaled Net Operating Assets falls into.


DFM:EMPOWER
79GF Score
Emirates Central Cooling Systems Corp PJSC DFM:EMPOWER
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Emirates Central Cooling Systems 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.

Emirates Central Cooling Systems 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 )
=(9437.082-2814.207)/11183.046
=0.59

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11816.822 - 2379.74
=9437.082

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8319.511 - 5500 - 5.304
=2814.207

Emirates Central Cooling Systems 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 )
=(9474.412-3344.718)/11816.822
=0.52

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12117.057 - 2642.645
=9474.412

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8848.838 - 5500 - 4.12
=3344.718

* 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 0.52 mean?
Emirates Central Cooling Systems PJSC (DFM:EMPOWER) has a Scaled Net Operating Assets of 0.52 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 Emirates Central Cooling Systems PJSC and its competitors.
Is Emirates Central Cooling Systems PJSC's Scaled Net Operating Assets too high?
Emirates Central Cooling Systems PJSC's current Scaled Net Operating Assets is 0.52. Overall, Emirates Central Cooling Systems PJSC has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emirates Central Cooling Systems PJSC's Scaled Net Operating Assets compare to AWK and WTRG?
Emirates Central Cooling Systems PJSC's Scaled Net Operating Assets of 0.52 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Scaled Net Operating Assets depends on the Utilities - Regulated 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 Emirates Central Cooling Systems PJSC and its competitors. Emirates Central Cooling Systems PJSC's current Scaled Net Operating Assets is 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emirates Central Cooling Systems PJSC stock overvalued right now?
Based on GuruFocus' analysis, Emirates Central Cooling Systems PJSC (DFM:EMPOWER) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ1.87, compared to a current price of د.إ1.65 — trading 11.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.52. Emirates Central Cooling Systems PJSC's overall GF Score™ is 79/100 with 5 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 Emirates Central Cooling Systems PJSC (DFM:EMPOWER), the current Scaled Net Operating Assets is 0.52 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 Emirates Central Cooling Systems PJSC (DFM:EMPOWER) Overvalued in 2026?

Based on GuruFocus' analysis, Emirates Central Cooling Systems PJSC stock appears to be undervalued. The current stock price of د.إ1.65 is trading 11.8% below its estimated GF Value™ of د.إ1.87. GuruFocus considers Emirates Central Cooling Systems PJSC to be Modestly Undervalued.

Key valuation signals for DFM:EMPOWER:

  • Scaled Net Operating Assets: 0.52
  • GF Value™: د.إ1.87 vs. price of د.إ1.65 (11.8% below fair value)
  • GF Score™: 79/100 with 5 warning signs

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


Emirates Central Cooling Systems PJSC Business Description

Address Block A, Jumeirah Beach Road, 2nd December Street, PO Box 8081, Al Hudaiba Awards Building, 8th Floor, Opposite Etihad Museum, Dubai, ARE
Emirates Central Cooling Systems Corp PJSC offers district cooling services, and management, operation, and maintenance of central cooling plants and related distribution networks. The group has two operating and reportable segments: Chilled water and Pre-insulated pipe business. The majority of its revenue is generated from the Chilled water segment, which constructs, owns, assembles, installs, operates, and maintains cooling and conditioning systems. In addition, it distributes and sells chilled water for use in district cooling technologies. The Pre-insulated pipe business is involved in manufacturing, assembling, and selling activities relating to the expansion of the group's chilled water business. Geographically, the group generates all of its revenue from the United Arab Emirates.
79GF Score

Get the complete analysis for DFM:EMPOWER

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

د.إ1.65
Price
د.إ1.87
GF Value