Express Kenya (NAI:XPRS) Scaled Net Operating Assets: 0.75 (As of Dec. 2025)


NAI:XPRS Express Kenya PLC NAI:XPRS
42 GF Score
Price KES7.26
GF Value KES2.57
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Express Kenya Scaled Net Operating Assets?

Express Kenya NAI:XPRS +3.42% 42 Scaled Net Operating Assets is 0.75 as of Dec. 2025. GuruFocus rates NAI:XPRS with a GF Score™ of 42/100 and a GF Value™ of KES2.57 (Significantly Overvalued). 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.

Express Kenya's operating assets for the quarter that ended in Dec. 2025 was KES1,467.65 Mil. Express Kenya's operating liabilities for the quarter that ended in Dec. 2025 was KES518.01 Mil. Express Kenya's Total Assets for the quarter that ended in Dec. 2024 was KES1,267.30 Mil. Therefore, Express Kenya's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.75.


Express Kenya Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Express Kenya'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.

Express Kenya Scaled Net Operating Assets Chart

Express Kenya 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 0.62 0.74 0.66 0.62 0.75

Express Kenya Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.62 0.74 0.66 0.62 0.75

NAI:XPRS vs CTAS, CPRT, ULS: Scaled Net Operating Assets Comparison

For the Specialty Business Services subindustry, Express Kenya'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.


Express Kenya Scaled Net Operating Assets vs Business Services Industry

For the Business Services industry and Industrials sector, Express Kenya's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Express Kenya's Scaled Net Operating Assets falls into.


NAI:XPRS
42GF Score
Express Kenya PLC NAI:XPRS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Express Kenya 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.

Express Kenya'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 )
=(1467.653-518.01)/1267.296
=0.75

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1468.972 - 1.319
=1467.653

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=996.787 - 475.895 - 2.882
=518.01

Express Kenya's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Dec. 2024 )
=(1467.653-518.01)/1267.296
=0.75

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1468.972 - 1.319
=1467.653

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=996.787 - 475.895 - 2.882
=518.01

* 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 0.75 mean?
Express Kenya (NAI:XPRS) has a Scaled Net Operating Assets of 0.75 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Express Kenya and its competitors.
Is Express Kenya's Scaled Net Operating Assets too high?
Express Kenya's current Scaled Net Operating Assets is 0.75. Overall, Express Kenya has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Express Kenya's Scaled Net Operating Assets compare to CTAS and CPRT?
Express Kenya's Scaled Net Operating Assets of 0.75 can be compared against companies in the Business Services 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 Business Services company?
A good Scaled Net Operating Assets depends on the Business Services 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 Express Kenya and its competitors. Express Kenya's current Scaled Net Operating Assets is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Express Kenya stock overvalued right now?
Based on GuruFocus' analysis, Express Kenya (NAI:XPRS) is currently considered Significantly Overvalued. The stock's GF Value™ is KES2.57, compared to a current price of KES7.26 — trading 182.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.75. Express Kenya's overall GF Score™ is 42/100 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 Express Kenya (NAI:XPRS), the current Scaled Net Operating Assets is 0.75 as of Dec. 2025. 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 Express Kenya (NAI:XPRS) Overvalued in 2026?

Based on GuruFocus' analysis, Express Kenya stock appears to be overvalued. The current stock price of KES7.26 is trading 182.5% above its estimated GF Value™ of KES2.57. GuruFocus considers Express Kenya to be Significantly Overvalued.

Key valuation signals for NAI:XPRS:

  • Scaled Net Operating Assets: 0.75
  • GF Value™: KES2.57 vs. price of KES7.26 (182.5% above fair value)
  • GF Score™: 42/100 with 9 warning signs

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


Express Kenya Business Description

Address Road A, Off Enterprise Road, Industrial Area, P.O. Box 40433, Express House, Nairobi, KEN, 00100
Express Kenya PLC engages in the provision of clearing and forwarding services for both air and sea, as well as warehousing and logistics services. It operates through the following segments: Warehousing, and Real Estate. The Warehousing segment which accounts for the majority of revenue comprises the storage of customers' goods in the warehousing facility. The Real Estate segment consists of the development of properties. Geographically, the company operates only in Kenya.
42GF 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.

KES7.26
Price
KES2.57
GF Value