Abraj Energy Services CoOG (MUS:ABRJ) Scaled Net Operating Assets: 0.87 (As of Mar. 2026)


MUS:ABRJ Abraj Energy Services Co SAOG MUS:ABRJ
30 GF Score
Price ر.ع0.39
GF Value ر.ع0.29
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Abraj Energy Services CoOG Scaled Net Operating Assets?

Abraj Energy Services CoOG MUS:ABRJ +0.26% 30 Scaled Net Operating Assets is 0.87 as of Mar. 2026. GuruFocus rates MUS:ABRJ with a GF Score™ of 30/100 and a GF Value™ of ر.ع0.29 (Significantly Overvalued). The stock has 4 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.

Abraj Energy Services CoOG's operating assets for the quarter that ended in Mar. 2026 was ر.ع288.8 Mil. Abraj Energy Services CoOG's operating liabilities for the quarter that ended in Mar. 2026 was ر.ع40.5 Mil. Abraj Energy Services CoOG's Total Assets for the quarter that ended in Dec. 2025 was ر.ع284.7 Mil. Therefore, Abraj Energy Services CoOG's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.87.


Abraj Energy Services CoOG Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Abraj Energy Services CoOG'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.

Abraj Energy Services CoOG Scaled Net Operating Assets Chart

Abraj Energy Services CoOG Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.79 0.81 0.85 0.85

Abraj Energy Services CoOG Quarterly Data
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 0.84 0.86 0.87 0.82 0.87

MUS:ABRJ vs NE, RIG, VAL: Scaled Net Operating Assets Comparison

For the Oil & Gas Drilling subindustry, Abraj Energy Services CoOG'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.


Abraj Energy Services CoOG Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Abraj Energy Services CoOG's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Abraj Energy Services CoOG's Scaled Net Operating Assets falls into.


MUS:ABRJ
30GF Score
Abraj Energy Services Co SAOG MUS:ABRJ
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Abraj Energy Services CoOG 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.

Abraj Energy Services CoOG'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 )
=(277.64-36.303)/283.342
=0.85

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=284.69 - 7.05
=277.64

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=138.521 - 74.336 - 27.882
=36.303

Abraj Energy Services CoOG'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 )
=(288.785-40.506)/284.69
=0.87

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=295.339 - 6.554
=288.785

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=157.417 - 87.826 - 29.085
=40.506

* 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 0.87 mean?
Abraj Energy Services CoOG (MUS:ABRJ) has a Scaled Net Operating Assets of 0.87 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 Abraj Energy Services CoOG and its competitors.
Is Abraj Energy Services CoOG's Scaled Net Operating Assets too high?
Abraj Energy Services CoOG's current Scaled Net Operating Assets is 0.87. Overall, Abraj Energy Services CoOG has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Abraj Energy Services CoOG's Scaled Net Operating Assets compare to NE and RIG?
Abraj Energy Services CoOG's Scaled Net Operating Assets of 0.87 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas 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 Abraj Energy Services CoOG and its competitors. Abraj Energy Services CoOG's current Scaled Net Operating Assets is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abraj Energy Services CoOG stock overvalued right now?
Based on GuruFocus' analysis, Abraj Energy Services CoOG (MUS:ABRJ) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.29, compared to a current price of ر.ع0.39 — trading 35.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.87. Abraj Energy Services CoOG's overall GF Score™ is 30/100 with 4 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 Abraj Energy Services CoOG (MUS:ABRJ), the current Scaled Net Operating Assets is 0.87 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 Abraj Energy Services CoOG (MUS:ABRJ) Overvalued in 2026?

Based on GuruFocus' analysis, Abraj Energy Services CoOG stock appears to be overvalued. The current stock price of ر.ع0.39 is trading 35.5% above its estimated GF Value™ of ر.ع0.29. GuruFocus considers Abraj Energy Services CoOG to be Significantly Overvalued.

Key valuation signals for MUS:ABRJ:

  • Scaled Net Operating Assets: 0.87
  • GF Value™: ر.ع0.29 vs. price of ر.ع0.39 (35.5% above fair value)
  • GF Score™: 30/100 with 4 warning signs

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


Abraj Energy Services CoOG Business Description

Industry EnergyOil & Gas
Address Building Number 500, Way number 1308, Airports Heights Al Seeb, Muscat Governorate, Muscat, OMN
Abraj Energy Services Co SAOG is an integrated energy company. It mainly provides oilfield services such as onshore drilling, workover, flowback, well testing, healthy intervention, cementing, fracturing, coil tubing, integrated project management, drilling fluids services, and training services. It has two reportable segments: Drilling and Work Over, Well Services, and Others of which it generates the majority of the revenue from the Drilling and Work Over Segment.
30GF 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.

ر.ع0.39
Price
ر.ع0.29
GF Value