Bank NizwaOG (MUS:BKNZ) Scaled Net Operating Assets: -0.17 (As of Mar. 2026)


MUS:BKNZ Bank Nizwa SAOG MUS:BKNZ
23 GF Score
Price ر.ع0.14
GF Value ر.ع0.10
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Bank NizwaOG Scaled Net Operating Assets?

Bank NizwaOG MUS:BKNZ 23 Scaled Net Operating Assets is -0.17 as of Mar. 2026. GuruFocus rates MUS:BKNZ with a GF Score™ of 23/100 and a GF Value™ of ر.ع0.10 (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.

Bank NizwaOG's operating assets for the quarter that ended in Mar. 2026 was ر.ع1,420.08 Mil. Bank NizwaOG's operating liabilities for the quarter that ended in Mar. 2026 was ر.ع1,758.57 Mil. Bank NizwaOG's Total Assets for the quarter that ended in Dec. 2025 was ر.ع2,032.72 Mil. Therefore, Bank NizwaOG's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.17.

MUS:BKNZ
23GF Score
Bank Nizwa SAOG MUS:BKNZ
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Bank NizwaOG 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.

Bank NizwaOG'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 )
=(1387.327-1753.123)/1886.828
=-0.19

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2032.715 - 645.388
=1387.327

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1753.364 - 0.241 - 0
=1753.123

Bank NizwaOG'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 )
=(1420.083-1758.573)/2032.715
=-0.17

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2039.293 - 619.21
=1420.083

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1758.573 - 0 - 0
=1758.573

* 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 -0.17 mean?
Bank NizwaOG (MUS:BKNZ) has a Scaled Net Operating Assets of -0.17 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 Bank NizwaOG and its competitors.
Is Bank NizwaOG's Scaled Net Operating Assets too high?
Bank NizwaOG's current Scaled Net Operating Assets is -0.17. Overall, Bank NizwaOG has a GF Score™ of 23/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank NizwaOG's Scaled Net Operating Assets compare to PNC and USB?
Bank NizwaOG's Scaled Net Operating Assets of -0.17 can be compared against companies in the Banks 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 Banks company?
A good Scaled Net Operating Assets depends on the Banks 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 Bank NizwaOG and its competitors. Bank NizwaOG's current Scaled Net Operating Assets is -0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank NizwaOG stock overvalued right now?
Based on GuruFocus' analysis, Bank NizwaOG (MUS:BKNZ) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.10, compared to a current price of ر.ع0.14 — trading 41% above its estimated fair value. The current Scaled Net Operating Assets is -0.17. Bank NizwaOG's overall GF Score™ is 23/100 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 Bank NizwaOG (MUS:BKNZ), the current Scaled Net Operating Assets is -0.17 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 Bank NizwaOG (MUS:BKNZ) Overvalued in 2026?

Based on GuruFocus' analysis, Bank NizwaOG stock appears to be overvalued. The current stock price of ر.ع0.14 is trading 41% above its estimated GF Value™ of ر.ع0.10. GuruFocus considers Bank NizwaOG to be Significantly Overvalued.

Key valuation signals for MUS:BKNZ:

  • Scaled Net Operating Assets: -0.17
  • GF Value™: ر.ع0.10 vs. price of ر.ع0.14 (41% above fair value)
  • GF Score™: 23/100 with 4 warning signs

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

Bank NizwaOG Business Description

Address Beach One Building, Shatti A Qurum, P.O. Box 1423, Al khuwair, Muscat, OMN, 133
Bank Nizwa SAOG is engaged in opening current, savings, and investment accounts, providing Murabaha and Ijara financing and other Sharia-compliant financing, as well as managing investors' money based on Mudaraba for profit share or agency for a fee, along with other investment activities. It segments are: Retail Banking, offering products and facilities to individual customers; Corporate Banking, providing financing, deposits, trade finance, and foreign exchange services to corporate and SMEs and generating key revenue; and Treasury and Investment Banking, offering treasury products, money market and foreign exchange services, liquidity and market risk management, asset management, corporate advisory, and investment products for high net worth individuals and institutional clients.
23GF Score

Get the complete analysis for MUS:BKNZ

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

ر.ع0.14
Price
ر.ع0.10
GF Value