SMN Power HoldingOG (MUS:SMNP) Scaled Net Operating Assets: 0.59 (As of Dec. 2024)

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MUS:SMNP SMN Power Holding SAOG MUS:SMNP
46 GF Score
Price ر.ع0.20
GF Value ر.ع0.10
Valuation Significantly Overvalued
! 5 Warning Signs
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What is SMN Power HoldingOG Scaled Net Operating Assets?

SMN Power HoldingOG MUS:SMNP 46 Scaled Net Operating Assets is 0.59 as of Dec. 2024. GuruFocus rates MUS:SMNP with a GF Score™ of 46/100 and a GF Value™ of ر.ع0.10 (Significantly Overvalued). The stock has 5 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.

SMN Power HoldingOG's operating assets for the quarter that ended in Dec. 2024 was ر.ع93.89 Mil. SMN Power HoldingOG's operating liabilities for the quarter that ended in Dec. 2024 was ر.ع26.38 Mil. SMN Power HoldingOG's Total Assets for the quarter that ended in Dec. 2023 was ر.ع114.45 Mil. Therefore, SMN Power HoldingOG's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.59.


SMN Power HoldingOG Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for SMN Power HoldingOG'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.

SMN Power HoldingOG Scaled Net Operating Assets Chart

SMN Power HoldingOG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.63 0.62 0.46 0.59

SMN Power HoldingOG Semi-Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23 Dec24
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 0.72 0.63 0.62 0.46 0.59

MUS:SMNP vs CEG, VST, NRG: Scaled Net Operating Assets Comparison

For the Utilities - Independent Power Producers subindustry, SMN Power HoldingOG'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.


SMN Power HoldingOG Scaled Net Operating Assets vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SMN Power HoldingOG's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where SMN Power HoldingOG's Scaled Net Operating Assets falls into.


MUS:SMNP
46GF Score
SMN Power Holding SAOG MUS:SMNP
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SMN Power HoldingOG 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.

SMN Power HoldingOG's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(93.888-26.384)/114.447
=0.59

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=121.554 - 27.666
=93.888

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=66.036 - 34.926 - 4.726
=26.384

SMN Power HoldingOG's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Dec. 2023 )
=(93.888-26.384)/114.447
=0.59

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=121.554 - 27.666
=93.888

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=66.036 - 34.926 - 4.726
=26.384

* 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 0.59 mean?
SMN Power HoldingOG (MUS:SMNP) has a Scaled Net Operating Assets of 0.59 as of Dec. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on SMN Power HoldingOG and its competitors.
Is SMN Power HoldingOG's Scaled Net Operating Assets too high?
SMN Power HoldingOG's current Scaled Net Operating Assets is 0.59. Overall, SMN Power HoldingOG has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMN Power HoldingOG's Scaled Net Operating Assets compare to CEG and VST?
SMN Power HoldingOG's Scaled Net Operating Assets of 0.59 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Scaled Net Operating Assets depends on the Utilities - Independent Power Producers 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 SMN Power HoldingOG and its competitors. SMN Power HoldingOG's current Scaled Net Operating Assets is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMN Power HoldingOG stock overvalued right now?
Based on GuruFocus' analysis, SMN Power HoldingOG (MUS:SMNP) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.10, compared to a current price of ر.ع0.20 — trading 97% above its estimated fair value. The current Scaled Net Operating Assets is 0.59. SMN Power HoldingOG's overall GF Score™ is 46/100 with 5 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 SMN Power HoldingOG (MUS:SMNP), the current Scaled Net Operating Assets is 0.59 as of Dec. 2024. 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 SMN Power HoldingOG (MUS:SMNP) Overvalued in 2026?

Based on GuruFocus' analysis, SMN Power HoldingOG stock appears to be overvalued. The current stock price of ر.ع0.20 is trading 97% above its estimated GF Value™ of ر.ع0.10. GuruFocus considers SMN Power HoldingOG to be Significantly Overvalued.

Key valuation signals for MUS:SMNP:

  • Scaled Net Operating Assets: 0.59
  • GF Value™: ر.ع0.10 vs. price of ر.ع0.20 (97% above fair value)
  • GF Score™: 46/100 with 5 warning signs

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


SMN Power HoldingOG Business Description

Address Way No. 1013, Office No. 15, Qurum Building, 1st Floor, Al Qurum, Muscat, OMN
SMN Power Holding SAOG is a company based in the Sultanate of Oman. Along with its subsidiaries, the company is engaged in the power generation and water desalination business. The company also invests its funds in shares, bonds, and securities, and owns and leases patents, trademarks, concessions, and other incorporeal rights to its subsidiaries and other companies.
46GF Score

Get the complete analysis for MUS:SMNP

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

ر.ع0.20
Price
ر.ع0.10
GF Value