Noor Financial Investment Co (KUW:NOOR) Scaled Net Operating Assets: 0.74 (As of Mar. 2026)


KUW:NOOR Noor Financial Investment Co KUW:NOOR
57 GF Score
Price KWD0.43
GF Value KWD0.39
Valuation Fairly Valued
! 6 Warning Signs
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What is Noor Financial Investment Co Scaled Net Operating Assets?

Noor Financial Investment Co KUW:NOOR +2.64% 57 Scaled Net Operating Assets is 0.74 as of Mar. 2026. GuruFocus rates KUW:NOOR with a GF Score™ of 57/100 and a GF Value™ of KWD0.39 (Fairly Valued). The stock has 6 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.

Noor Financial Investment Co's operating assets for the quarter that ended in Mar. 2026 was KWD164.34 Mil. Noor Financial Investment Co's operating liabilities for the quarter that ended in Mar. 2026 was KWD21.65 Mil. Noor Financial Investment Co's Total Assets for the quarter that ended in Dec. 2025 was KWD192.76 Mil. Therefore, Noor Financial Investment Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.74.


Noor Financial Investment Co Scaled Net Operating Assets Historical Data

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The historical data trend for Noor Financial Investment 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.

Noor Financial Investment Co Scaled Net Operating Assets Chart

Noor Financial Investment 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 0.73 0.62 0.77 0.85 0.82

Noor Financial Investment 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 0.69 0.73 0.75 0.78 0.74

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

For the Asset Management subindustry, Noor Financial Investment 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.


Noor Financial Investment Co Scaled Net Operating Assets vs Asset Management Industry

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

* The bar in red indicates where Noor Financial Investment Co's Scaled Net Operating Assets falls into.


KUW:NOOR
57GF Score
Noor Financial Investment Co KUW:NOOR
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Noor Financial Investment 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.

Noor Financial Investment 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 )
=(159.031-15.137)/175.634
=0.82

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=192.757 - 33.726
=159.031

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17.653 - 0.632 - 1.884
=15.137

Noor Financial Investment 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 )
=(164.344-21.649)/192.757
=0.74

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=195.62 - 31.276
=164.344

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=24.538 - 2.889 - 0
=21.649

* 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 0.74 mean?
Noor Financial Investment Co (KUW:NOOR) has a Scaled Net Operating Assets of 0.74 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 Noor Financial Investment Co and its competitors.
Is Noor Financial Investment Co's Scaled Net Operating Assets too high?
Noor Financial Investment Co's current Scaled Net Operating Assets is 0.74. Overall, Noor Financial Investment Co has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Noor Financial Investment Co's Scaled Net Operating Assets compare to BLK and BX?
Noor Financial Investment Co's Scaled Net Operating Assets of 0.74 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 Noor Financial Investment Co and its competitors. Noor Financial Investment Co's current Scaled Net Operating Assets is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noor Financial Investment Co stock overvalued right now?
Based on GuruFocus' analysis, Noor Financial Investment Co (KUW:NOOR) is currently considered Fairly Valued. The stock's GF Value™ is KWD0.39, compared to a current price of KWD0.43 — trading 9.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.74. Noor Financial Investment Co's overall GF Score™ is 57/100 with 6 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 Noor Financial Investment Co (KUW:NOOR), the current Scaled Net Operating Assets is 0.74 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 Noor Financial Investment Co (KUW:NOOR) Overvalued in 2026?

Based on GuruFocus' analysis, Noor Financial Investment Co stock appears to be overvalued. The current stock price of KWD0.43 is trading 9.5% above its estimated GF Value™ of KWD0.39. GuruFocus considers Noor Financial Investment Co to be Fairly Valued.

Key valuation signals for KUW:NOOR:

  • Scaled Net Operating Assets: 0.74
  • GF Value™: KWD0.39 vs. price of KWD0.43 (9.5% above fair value)
  • GF Score™: 57/100 with 6 warning signs

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


Noor Financial Investment Co Business Description

Address Intersection of Jahra Street & Airport Road, Noor Building, Shuwaikh, P.O. BOX: 3311, Kuwait, KWT, 13034
Noor Financial Investment Co is engaged in a wide range of investment and financial services activities. The Company acts as an investment portfolio manager, collective investment scheme manager, subscription agent, investment consultant, and custodian, and also operates as a non-registered stockbroker on a stock exchange. Its activities include buying and selling shares and bonds for its own account, investing financial surpluses through portfolios managed by specialized entities, providing financing services, and undertaking commercial representation agencies. In addition, the Company is involved in the buying, selling, and ownership of land, real estate, and other movable assets for its benefit. Geographically, it operates in domestic, GCC, and other international regions.
57GF Score

Get the complete analysis for KUW:NOOR

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

KWD0.43
Price
KWD0.39
GF Value