Qatar Navigation QSC (DSMD:QNNS) Scaled Net Operating Assets: 0.81 (As of Jun. 2026)

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DSMD:QNNS Qatar Navigation QSC DSMD:QNNS
100 GF Score
Price ر.ق10.22
GF Value ر.ق12.78
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Qatar Navigation QSC Scaled Net Operating Assets?

Qatar Navigation QSC DSMD:QNNS +0.79% 100 Scaled Net Operating Assets is 0.81 as of Jun. 2026. GuruFocus rates DSMD:QNNS with a GF Score™ of 100/100 and a GF Value™ of ر.ق12.78 (Modestly Undervalued). 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.

Qatar Navigation QSC's operating assets for the quarter that ended in Jun. 2026 was ر.ق17,937 Mil. Qatar Navigation QSC's operating liabilities for the quarter that ended in Jun. 2026 was ر.ق1,523 Mil. Qatar Navigation QSC's Total Assets for the quarter that ended in Mar. 2026 was ر.ق20,267 Mil. Therefore, Qatar Navigation QSC's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.81.


Qatar Navigation QSC Scaled Net Operating Assets Historical Data

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The historical data trend for Qatar Navigation QSC'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.

Qatar Navigation QSC Scaled Net Operating Assets Chart

Qatar Navigation QSC 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 0.90 0.88 0.86 0.93 0.86

Qatar Navigation QSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.88 0.85 0.82 0.79 0.81

DSMD:QNNS vs KEX: Scaled Net Operating Assets Comparison

For the Marine Shipping subindustry, Qatar Navigation QSC'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.


Qatar Navigation QSC Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, Qatar Navigation QSC's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Qatar Navigation QSC's Scaled Net Operating Assets falls into.


DSMD:QNNS
100GF Score
Qatar Navigation QSC DSMD:QNNS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Qatar Navigation QSC 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.

Qatar Navigation QSC'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 )
=(18049.329-1539.707)/19206.645
=0.86

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20539.544 - 2490.215
=18049.329

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2285.65 - 564.245 - 181.698
=1539.707

Qatar Navigation QSC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(17937.412-1523.329)/20267.141
=0.81

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20372.344 - 2434.932
=17937.412

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2104.047 - 474.829 - 105.889
=1523.329

* 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 0.81 mean?
Qatar Navigation QSC (DSMD:QNNS) has a Scaled Net Operating Assets of 0.81 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Qatar Navigation QSC and its competitors.
Is Qatar Navigation QSC's Scaled Net Operating Assets too high?
Qatar Navigation QSC's current Scaled Net Operating Assets is 0.81. Overall, Qatar Navigation QSC has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qatar Navigation QSC's Scaled Net Operating Assets compare to KEX?
Qatar Navigation QSC's Scaled Net Operating Assets of 0.81 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 Qatar Navigation QSC and its competitors. Qatar Navigation QSC's current Scaled Net Operating Assets is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qatar Navigation QSC stock overvalued right now?
Based on GuruFocus' analysis, Qatar Navigation QSC (DSMD:QNNS) is currently considered Modestly Undervalued. The stock's GF Value™ is ر.ق12.78, compared to a current price of ر.ق10.22 — trading 20% below its estimated fair value. The current Scaled Net Operating Assets is 0.81. Qatar Navigation QSC's overall GF Score™ is 100/100 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 Qatar Navigation QSC (DSMD:QNNS), the current Scaled Net Operating Assets is 0.81 as of Jun. 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 Qatar Navigation QSC (DSMD:QNNS) Overvalued in 2026?

Based on GuruFocus' analysis, Qatar Navigation QSC stock appears to be undervalued. The current stock price of ر.ق10.22 is trading 20% below its estimated GF Value™ of ر.ق12.78. GuruFocus considers Qatar Navigation QSC to be Modestly Undervalued.

Key valuation signals for DSMD:QNNS:

  • Scaled Net Operating Assets: 0.81
  • GF Value™: ر.ق12.78 vs. price of ر.ق10.22 (20% below fair value)
  • GF Score™: 100/100 with 2 warning signs

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


Qatar Navigation QSC Business Description

Address East Industrial Road, Street No. 523, Umm Al Saneem Area, P.O. Box 153, Zone 56, Doha, QAT
Qatar Navigation QSC company provides diversified maritime and logistics companies in the Middle East with a focus on providing integrated transport and supply chain solutions. Milaha's current activities include Maritime and Logistics; Gas and Petrochem; Offshore Marine; Marine and Technical Services; and Capital. The Segment includes Milaha Capital, Milaha Maritime and Logistics, Milaha Offshore, Milaha Tradings, Milaha Gas and Petrochem, Milaha Corporate. Maximum of revenue is from Milaha Gas and Petrochem segment. Geographically operates in Qatar, Singapore, UAE, Germany, India, with maximum revenue from Qatar.
100GF Score

Get the complete analysis for DSMD:QNNS

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

ر.ق10.22
Price
ر.ق12.78
GF Value