Al Rajhi Bank (SAU:1120) Scaled Net Operating Assets: 0.14 (As of Mar. 2026)

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SAU:1120 Al Rajhi Bank SAU:1120
77 GF Score
Price ﷼64.75
GF Value ﷼79.99
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Al Rajhi Bank Scaled Net Operating Assets?

Al Rajhi Bank SAU:1120 +0.47% 77 Scaled Net Operating Assets is 0.14 as of Mar. 2026. GuruFocus rates SAU:1120 with a GF Score™ of 77/100 and a GF Value™ of ﷼79.99 (Modestly Undervalued). The stock has 3 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.

Al Rajhi Bank's operating assets for the quarter that ended in Mar. 2026 was ﷼964,325 Mil. Al Rajhi Bank's operating liabilities for the quarter that ended in Mar. 2026 was ﷼818,558 Mil. Al Rajhi Bank's Total Assets for the quarter that ended in Dec. 2025 was ﷼1,043,268 Mil. Therefore, Al Rajhi Bank's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.14.

SAU:1120
77GF Score
Al Rajhi Bank SAU:1120
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Al Rajhi Bank 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.

Al Rajhi Bank'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 )
=(961769.988-820035.054)/972444.354
=0.15

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1043268.297 - 81498.309
=961769.988

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=900355.952 - 80320.898 - 0
=820035.054

Al Rajhi Bank'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 )
=(964325.299-818557.819)/1043268.297
=0.14

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1051268.404 - 86943.105
=964325.299

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=898624.873 - 80067.054 - 0
=818557.819

* 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 0.14 mean?
Al Rajhi Bank (SAU:1120) has a Scaled Net Operating Assets of 0.14 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 Al Rajhi Bank and its competitors.
Is Al Rajhi Bank's Scaled Net Operating Assets too high?
Al Rajhi Bank's current Scaled Net Operating Assets is 0.14. Overall, Al Rajhi Bank has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Al Rajhi Bank's Scaled Net Operating Assets compare to PNC?
Al Rajhi Bank's Scaled Net Operating Assets of 0.14 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 Al Rajhi Bank and its competitors. Al Rajhi Bank's current Scaled Net Operating Assets is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Rajhi Bank stock overvalued right now?
Based on GuruFocus' analysis, Al Rajhi Bank (SAU:1120) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼79.99, compared to a current price of ﷼64.75 — trading 19.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.14. Al Rajhi Bank's overall GF Score™ is 77/100 with 3 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 Al Rajhi Bank (SAU:1120), the current Scaled Net Operating Assets is 0.14 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 Al Rajhi Bank (SAU:1120) Overvalued in 2026?

Based on GuruFocus' analysis, Al Rajhi Bank stock appears to be undervalued. The current stock price of ﷼64.75 is trading 19.1% below its estimated GF Value™ of ﷼79.99. GuruFocus considers Al Rajhi Bank to be Modestly Undervalued.

Key valuation signals for SAU:1120:

  • Scaled Net Operating Assets: 0.14
  • GF Value™: ﷼79.99 vs. price of ﷼64.75 (19.1% below fair value)
  • GF Score™: 77/100 with 3 warning signs

No single metric tells the full story. See the SAU:1120 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Al Rajhi Bank Business Description

Address 8467 King Fahd Road, Unit No. 1, Al Muruj District, Riyadh, SAU, 12263 - 2743
Al Rajhi Bank is an Islamic bank with a network of over 500 branches. Its segments include the Retail segment which includes accepting individual customer deposits, providing credit facilities, customer debit current accounts, fees from banking services, and remittance business; the Corporate segment which incorporates deposits of VIP, corporate customer deposits, credit facilities, and debit current accounts, Treasury segment through which it offers treasury services, Murabaha with SAMA and international Mutajara portfolio; and Investment services and brokerage and other that incorporates investments of individuals and corporate in mutual funds, local and international share trading services and investment portfolios.
77GF Score

Get the complete analysis for SAU:1120

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

﷼64.75
Price
﷼79.99
GF Value