Arabian Petroleum (NSE:ARABIAN) Scaled Net Operating Assets: 0.94 (As of Mar. 2026)

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NSE:ARABIAN Arabian Petroleum Ltd NSE:ARABIAN
66 GF Score
Price ₹85.50
GF Value ₹121.48
Valuation Possible Value Trap
! 2 Warning Signs
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What is Arabian Petroleum Scaled Net Operating Assets?

Arabian Petroleum NSE:ARABIAN +4.27% 66 Scaled Net Operating Assets is 0.94 as of Mar. 2026. GuruFocus rates NSE:ARABIAN with a GF Score™ of 66/100 and a GF Value™ of ₹121.48 (Possible Value Trap). The stock has 2 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.

Arabian Petroleum's operating assets for the quarter that ended in Mar. 2026 was ₹1,690 Mil. Arabian Petroleum's operating liabilities for the quarter that ended in Mar. 2026 was ₹550 Mil. Arabian Petroleum's Total Assets for the quarter that ended in Sep. 2025 was ₹1,211 Mil. Therefore, Arabian Petroleum's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.94.


Arabian Petroleum Scaled Net Operating Assets Historical Data

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The historical data trend for Arabian Petroleum'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.

Arabian Petroleum Scaled Net Operating Assets Chart

Arabian Petroleum Annual Data
Trend Mar19 Mar20 Mar21 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.93 1.19 1.05 0.82 1.07

Arabian Petroleum Semi-Annual Data
Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial 0.95 0.80 0.82 0.94 0.94

NSE:ARABIAN vs MPC, VLO, PSX: Scaled Net Operating Assets Comparison

For the Oil & Gas Refining & Marketing subindustry, Arabian Petroleum'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.


Arabian Petroleum Scaled Net Operating Assets vs Oil & Gas Industry

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

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


NSE:ARABIAN
66GF Score
Arabian Petroleum Ltd NSE:ARABIAN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Arabian Petroleum 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.

Arabian Petroleum's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(1689.667-549.893)/1065.996
=1.07

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1720.091 - 30.424
=1689.667

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1026.997 - 0.487 - 476.617
=549.893

Arabian Petroleum'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: Sep. 2025 )
=(1689.667-549.893)/1211.353
=0.94

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1720.091 - 30.424
=1689.667

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1026.997 - 0.487 - 476.617
=549.893

* 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 0.94 mean?
Arabian Petroleum (NSE:ARABIAN) has a Scaled Net Operating Assets of 0.94 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 Arabian Petroleum and its competitors.
Is Arabian Petroleum's Scaled Net Operating Assets too high?
Arabian Petroleum's current Scaled Net Operating Assets is 0.94. Overall, Arabian Petroleum has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Arabian Petroleum's Scaled Net Operating Assets compare to MPC and VLO?
Arabian Petroleum's Scaled Net Operating Assets of 0.94 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 Arabian Petroleum and its competitors. Arabian Petroleum's current Scaled Net Operating Assets is 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arabian Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Arabian Petroleum (NSE:ARABIAN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹121.48, compared to a current price of ₹85.50 — trading 29.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.94. Arabian Petroleum's overall GF Score™ is 66/100 with 2 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 Arabian Petroleum (NSE:ARABIAN), the current Scaled Net Operating Assets is 0.94 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 Arabian Petroleum (NSE:ARABIAN) Overvalued in 2026?

Based on GuruFocus' analysis, Arabian Petroleum stock appears to be undervalued. The current stock price of ₹85.50 is trading 29.6% below its estimated GF Value™ of ₹121.48. GuruFocus considers Arabian Petroleum to be Possible Value Trap.

Key valuation signals for NSE:ARABIAN:

  • Scaled Net Operating Assets: 0.94
  • GF Value™: ₹121.48 vs. price of ₹85.50 (29.6% below fair value)
  • GF Score™: 66/100 with 2 warning signs

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


Arabian Petroleum Business Description

Industry EnergyOil & Gas
Address Avior Corporate Park, Office No. 629/ 630, LBS Marg, Nirmal Galaxy, Mulund West, Mumbai, MH, IND, 400080
Arabian Petroleum Ltd is a company engaged in the business of manufacturing a wide range of Lubricants, including Specialty Oils, Coolants etc , used for Industrial and Automotive applications. The business is categorized into two distinctive product divisions, which include Automotive Lubricants - Arzol and Industrial Lubricants-SPL. Geographically, the company generates the majority of its revenue from India.
66GF Score

Get the complete analysis for NSE:ARABIAN

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

₹85.50
Price
₹121.48
GF Value