IGIC (International General Insurance Holdings) Scaled Net Operating Assets: -0.27 (As of Mar. 2026)


IGIC International General Insurance Holdings Ltd IGIC
75 GF Score
Price $26.90
GF Value $21.87
Valuation Modestly Overvalued
! 7 Warning Signs
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What is International General Insurance Holdings Scaled Net Operating Assets?

International General Insurance Holdings IGIC +4.07% 75 Scaled Net Operating Assets is -0.27 as of Mar. 2026. GuruFocus rates IGIC with a GF Score™ of 75/100 and a GF Value™ of $21.87 (Modestly Overvalued). The stock has 7 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.

International General Insurance Holdings's operating assets for the quarter that ended in Mar. 2026 was $884.2 Mil. International General Insurance Holdings's operating liabilities for the quarter that ended in Mar. 2026 was $1,451.0 Mil. International General Insurance Holdings's Total Assets for the quarter that ended in Dec. 2025 was $2,100.8 Mil. Therefore, International General Insurance Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.27.

IGIC
75GF Score
International General Insurance Holdings Ltd IGIC
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International General Insurance Holdings 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.

International General Insurance Holdings'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 )
=(1914.606-1390.641)/2037.538
=0.26

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2100.789 - 186.183
=1914.606

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1390.641 - 0 - 0
=1390.641

International General Insurance Holdings'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 )
=(884.2-1451)/2100.789
=-0.27

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2104.6 - 1220.4
=884.2

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1451 - 0 - 0
=1451

* 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 -0.27 mean?
International General Insurance Holdings (IGIC) has a Scaled Net Operating Assets of -0.27 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 International General Insurance Holdings and its competitors.
Is International General Insurance Holdings' Scaled Net Operating Assets too high?
International General Insurance Holdings' current Scaled Net Operating Assets is -0.27. Overall, International General Insurance Holdings has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does International General Insurance Holdings' Scaled Net Operating Assets compare to XZO and PLGO?
International General Insurance Holdings' Scaled Net Operating Assets of -0.27 can be compared against companies in the Insurance 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 Insurance company?
A good Scaled Net Operating Assets depends on the Insurance 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 International General Insurance Holdings and its competitors. International General Insurance Holdings's current Scaled Net Operating Assets is -0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International General Insurance Holdings stock overvalued right now?
Based on GuruFocus' analysis, International General Insurance Holdings (IGIC) is currently considered Modestly Overvalued. The stock's GF Value™ is $21.87, compared to a current price of $26.90 — trading 23% above its estimated fair value. The current Scaled Net Operating Assets is -0.27. International General Insurance Holdings' overall GF Score™ is 75/100 with 7 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 International General Insurance Holdings (IGIC), the current Scaled Net Operating Assets is -0.27 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 International General Insurance Holdings (IGIC) Overvalued in 2026?

Based on GuruFocus' analysis, International General Insurance Holdings stock appears to be overvalued. The current stock price of $26.90 is trading 23% above its estimated GF Value™ of $21.87. GuruFocus considers International General Insurance Holdings to be Modestly Overvalued.

Key valuation signals for IGIC:

  • Scaled Net Operating Assets: -0.27
  • GF Value™: $21.87 vs. price of $26.90 (23% above fair value)
  • GF Score™: 75/100 with 7 warning signs

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

International General Insurance Holdings Business Description

Address 74 Abdel Hamid Sharaf Street, P.O. Box 941428, Amman, JOR, 11194
International General Insurance Holdings Ltd is an international specialty insurance and reinsurance group. It underwrites a diversified portfolio of specialty risks including energy, property, construction and engineering, ports and terminals, general aviation, political violence, professional lines, financial institutions, marine, contingency and treaty reinsurance. The company's operating segments include Specialty Longtail, Specialty Short tail and Reinsurance. The majority of revenue is derived from the Specialty Short-tail segment, which comprises business lines with underwriting risks assumed in the form of property and specialty lines insurance and of short-term nature with respect to related claims.
75GF 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.

$26.90
Price
$21.87
GF Value