Kuwait Cement Co (KUW:KCEM) Scaled Net Operating Assets: 0.84 (As of Mar. 2026)

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KUW:KCEM Kuwait Cement Co KUW:KCEM
36 GF Score
Price KWD0.39
GF Value KWD0.24
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Kuwait Cement Co Scaled Net Operating Assets?

Kuwait Cement Co KUW:KCEM -1.02% 36 Scaled Net Operating Assets is 0.84 as of Mar. 2026. GuruFocus rates KUW:KCEM with a GF Score™ of 36/100 and a GF Value™ of KWD0.24 (Significantly Overvalued). 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.

Kuwait Cement Co's operating assets for the quarter that ended in Mar. 2026 was KWD314.19 Mil. Kuwait Cement Co's operating liabilities for the quarter that ended in Mar. 2026 was KWD26.16 Mil. Kuwait Cement Co's Total Assets for the quarter that ended in Dec. 2025 was KWD343.81 Mil. Therefore, Kuwait Cement Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.84.


Kuwait Cement Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Kuwait Cement Co'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.

Kuwait Cement Co Scaled Net Operating Assets Chart

Kuwait Cement Co 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 0.89 0.85 0.92 1.00

Kuwait Cement Co 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 0.90 0.89 0.89 0.91 0.84

KUW:KCEM vs CRH, VMC, MLM: Scaled Net Operating Assets Comparison

For the Building Materials subindustry, Kuwait Cement Co'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.


Kuwait Cement Co Scaled Net Operating Assets vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Kuwait Cement Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Kuwait Cement Co's Scaled Net Operating Assets falls into.


KUW:KCEM
36GF Score
Kuwait Cement Co KUW:KCEM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Kuwait Cement Co 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.

Kuwait Cement Co'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 )
=(331.033-27.08)/304.731
=1.00

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=343.807 - 12.774
=331.033

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=101.573 - 59.645 - 14.848
=27.08

Kuwait Cement Co'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 )
=(314.19-26.159)/343.807
=0.84

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=329.458 - 15.268
=314.19

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=105.22 - 63.776 - 15.285
=26.159

* 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 0.84 mean?
Kuwait Cement Co (KUW:KCEM) has a Scaled Net Operating Assets of 0.84 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 Kuwait Cement Co and its competitors.
Is Kuwait Cement Co's Scaled Net Operating Assets too high?
Kuwait Cement Co's current Scaled Net Operating Assets is 0.84. Overall, Kuwait Cement Co has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kuwait Cement Co's Scaled Net Operating Assets compare to CRH and VMC?
Kuwait Cement Co's Scaled Net Operating Assets of 0.84 can be compared against companies in the Building Materials 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 Building Materials company?
A good Scaled Net Operating Assets depends on the Building Materials 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 Kuwait Cement Co and its competitors. Kuwait Cement Co's current Scaled Net Operating Assets is 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kuwait Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Kuwait Cement Co (KUW:KCEM) is currently considered Significantly Overvalued. The stock's GF Value™ is KWD0.24, compared to a current price of KWD0.39 — trading 62.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.84. Kuwait Cement Co's overall GF Score™ is 36/100 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 Kuwait Cement Co (KUW:KCEM), the current Scaled Net Operating Assets is 0.84 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 Kuwait Cement Co (KUW:KCEM) Overvalued in 2026?

Based on GuruFocus' analysis, Kuwait Cement Co stock appears to be overvalued. The current stock price of KWD0.39 is trading 62.1% above its estimated GF Value™ of KWD0.24. GuruFocus considers Kuwait Cement Co to be Significantly Overvalued.

Key valuation signals for KUW:KCEM:

  • Scaled Net Operating Assets: 0.84
  • GF Value™: KWD0.24 vs. price of KWD0.39 (62.1% above fair value)
  • GF Score™: 36/100 with 2 warning signs

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


Kuwait Cement Co Business Description

Address Al-Shuhada Street, P.O. Box 20581, Cement House Building, Al-Sawaber Area, Sharq, Safat, Kuwait, KWT, 13066
Kuwait Cement Co is an integrated cement manufacturing company in Kuwait. Its operating business segments are the Manufacturing sector and Investment sector. The company generates maximum revenue from the Manufacturing sector segment. The Manufacturing sector of the company includes the production and sale of cement and ready-mix cement, and its products include Ordinary Portland Cement, Salt Resistant Cement, and many more.
36GF Score

Get the complete analysis for KUW:KCEM

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

KWD0.39
Price
KWD0.24
GF Value