National Investments Co KSC (KUW:NINV) Scaled Net Operating Assets: 0.90 (As of Jun. 2026)

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KUW:NINV National Investments Co KSC KUW:NINV
53 GF Score
Price KWD0.27
GF Value KWD0.32
Valuation Modestly Undervalued
! 9 Warning Signs
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What is National Investments Co KSC Scaled Net Operating Assets?

National Investments Co KSC KUW:NINV +0.76% 53 Scaled Net Operating Assets is 0.90 as of Jun. 2026. GuruFocus rates KUW:NINV with a GF Score™ of 53/100 and a GF Value™ of KWD0.32 (Modestly Undervalued). The stock has 9 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.

National Investments Co KSC's operating assets for the quarter that ended in Jun. 2026 was KWD335.25 Mil. National Investments Co KSC's operating liabilities for the quarter that ended in Jun. 2026 was KWD13.80 Mil. National Investments Co KSC's Total Assets for the quarter that ended in Mar. 2026 was KWD357.29 Mil. Therefore, National Investments Co KSC's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.90.


National Investments Co KSC Scaled Net Operating Assets Historical Data

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The historical data trend for National Investments Co KSC'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.

National Investments Co KSC Scaled Net Operating Assets Chart

National Investments Co KSC 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 0.81 0.60 0.61 0.77 0.85

National Investments Co KSC 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 0.94 0.98 0.70 0.52 0.90

KUW:NINV vs BLK, BX, KKR: Scaled Net Operating Assets Comparison

For the Asset Management subindustry, National Investments Co KSC'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.


National Investments Co KSC Scaled Net Operating Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, National Investments Co KSC's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where National Investments Co KSC's Scaled Net Operating Assets falls into.


KUW:NINV
53GF Score
National Investments Co KSC KUW:NINV
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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National Investments Co KSC 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.

National Investments Co KSC'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 )
=(258.685-16.636)/283.554
=0.85

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=356.879 - 98.194
=258.685

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=97.876 - 81.24 - 0
=16.636

National Investments Co KSC'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 )
=(335.246-13.802)/357.289
=0.90

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=353.552 - 18.306
=335.246

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=128.193 - 95.366 - 19.025
=13.802

* 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 0.90 mean?
National Investments Co KSC (KUW:NINV) has a Scaled Net Operating Assets of 0.90 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 National Investments Co KSC and its competitors.
Is National Investments Co KSC's Scaled Net Operating Assets too high?
National Investments Co KSC's current Scaled Net Operating Assets is 0.90. Overall, National Investments Co KSC has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National Investments Co KSC's Scaled Net Operating Assets compare to BLK and BX?
National Investments Co KSC's Scaled Net Operating Assets of 0.90 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 National Investments Co KSC and its competitors. National Investments Co KSC's current Scaled Net Operating Assets is 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Investments Co KSC stock overvalued right now?
Based on GuruFocus' analysis, National Investments Co KSC (KUW:NINV) is currently considered Modestly Undervalued. The stock's GF Value™ is KWD0.32, compared to a current price of KWD0.27 — trading 16.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.90. National Investments Co KSC's overall GF Score™ is 53/100 with 9 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 National Investments Co KSC (KUW:NINV), the current Scaled Net Operating Assets is 0.90 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 National Investments Co KSC (KUW:NINV) Overvalued in 2026?

Based on GuruFocus' analysis, National Investments Co KSC stock appears to be undervalued. The current stock price of KWD0.27 is trading 16.9% below its estimated GF Value™ of KWD0.32. GuruFocus considers National Investments Co KSC to be Modestly Undervalued.

Key valuation signals for KUW:NINV:

  • Scaled Net Operating Assets: 0.90
  • GF Value™: KWD0.32 vs. price of KWD0.27 (16.9% below fair value)
  • GF Score™: 53/100 with 9 warning signs

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


National Investments Co KSC Business Description

Address Jaber Al Mubarak street, Khaleejia Complex, 19th Floor, P.O Box 25667, Sharq, Safat, Kuwait, KWT, 13117
National Investments Co KSC is an investment company providing financial and investment services. It operates in four business segments: Investment segment represents trading in equities including investment in associates and other strategic investments; the Treasury segment represents liquidity management and trading in foreign currencies; Real estate segment represents buying, selling, and investing in real estate; Asset management, advisory, and brokerage segment represent managing discretionary and non-discretionary investment portfolios, managing investment funds, brokerage services, and providing advisory and other related financial services. The company generates its revenue from Kuwait, GCC & Arab and Other Countries.
53GF Score

Get the complete analysis for KUW:NINV

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

KWD0.27
Price
KWD0.32
GF Value