Ithmaar Holding BSC (DFM:ITHMR) Scaled Net Operating Assets: -0.06 (As of Mar. 2026)


DFM:ITHMR Ithmaar Holding BSC DFM:ITHMR
38 GF Score
Price د.إ0.20
GF Value د.إ0.26
Valuation Fairly Valued
! 2 Warning Signs
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What is Ithmaar Holding BSC Scaled Net Operating Assets?

Ithmaar Holding BSC DFM:ITHMR -1.00% 38 Scaled Net Operating Assets is -0.06 as of Mar. 2026. GuruFocus rates DFM:ITHMR with a GF Score™ of 38/100 and a GF Value™ of د.إ0.26 (Fairly Valued). 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.

Ithmaar Holding BSC's operating assets for the quarter that ended in Mar. 2026 was د.إ24,852 Mil. Ithmaar Holding BSC's operating liabilities for the quarter that ended in Mar. 2026 was د.إ26,594 Mil. Ithmaar Holding BSC's Total Assets for the quarter that ended in Dec. 2025 was د.إ27,858 Mil. Therefore, Ithmaar Holding BSC's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.06.

DFM:ITHMR
38GF Score
Ithmaar Holding BSC DFM:ITHMR
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ithmaar Holding BSC 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.

Ithmaar Holding BSC'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 )
=(25467.091-26944.851)/25151.612
=-0.06

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=27858.04 - 2390.949
=25467.091

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=27192.895 - 248.044 - 0
=26944.851

Ithmaar Holding BSC'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 )
=(24852.35-26594.352)/27858.04
=-0.06

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=27250.935 - 2398.585
=24852.35

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=26594.352 - 0 - 0
=26594.352

* 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 -0.06 mean?
Ithmaar Holding BSC (DFM:ITHMR) has a Scaled Net Operating Assets of -0.06 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 Ithmaar Holding BSC and its competitors.
Is Ithmaar Holding BSC's Scaled Net Operating Assets too high?
Ithmaar Holding BSC's current Scaled Net Operating Assets is -0.06. Overall, Ithmaar Holding BSC has a GF Score™ of 38/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ithmaar Holding BSC's Scaled Net Operating Assets compare to PNC and USB?
Ithmaar Holding BSC's Scaled Net Operating Assets of -0.06 can be compared against companies in the Banks 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 Banks company?
A good Scaled Net Operating Assets depends on the Banks 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 Ithmaar Holding BSC and its competitors. Ithmaar Holding BSC's current Scaled Net Operating Assets is -0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ithmaar Holding BSC stock overvalued right now?
Based on GuruFocus' analysis, Ithmaar Holding BSC (DFM:ITHMR) is currently considered Fairly Valued. The stock's GF Value™ is د.إ0.26, compared to a current price of د.إ0.20 — trading 23.8% below its estimated fair value. The current Scaled Net Operating Assets is -0.06. Ithmaar Holding BSC's overall GF Score™ is 38/100 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 Ithmaar Holding BSC (DFM:ITHMR), the current Scaled Net Operating Assets is -0.06 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 Ithmaar Holding BSC (DFM:ITHMR) Overvalued in 2026?

Based on GuruFocus' analysis, Ithmaar Holding BSC stock appears to be undervalued. The current stock price of د.إ0.20 is trading 23.8% below its estimated GF Value™ of د.إ0.26. GuruFocus considers Ithmaar Holding BSC to be Fairly Valued.

Key valuation signals for DFM:ITHMR:

  • Scaled Net Operating Assets: -0.06
  • GF Value™: د.إ0.26 vs. price of د.إ0.20 (23.8% below fair value)
  • GF Score™: 38/100 with 2 warning signs

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

Ithmaar Holding BSC Business Description

Other Exchanges ITHMR:Bahrain
Address Seef Tower, P.O. Box 2820, Seef District, Manama, BHR
Ithmaar Holding BSC is engaged in providing financial services, including retail, commercial, asset management, private banking, takaful, equipment leasing, and real estate development. It also acts as a manager, on a trustee basis of funds deposited for investment in accordance with Islamic laws and principles, particularly regarding the prohibition of receiving or paying interest. The group's business segment includes Retail and Corporate banking, where it receives customer funds, and deposits and extends financing to its retail and corporate clients; Asset Management/ Investment Banking, where it directly participates in investment opportunities and Others. Majority of the company's revenue is generated from Retail & Corporate Banking segment.
38GF Score

Get the complete analysis for DFM:ITHMR

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

د.إ0.20
Price
د.إ0.26
GF Value