Saudi Basic Industries (SAU:2010) Scaled Net Operating Assets: 0.62 (As of Mar. 2026)


SAU:2010 Saudi Basic Industries Corp SAU:2010
67 GF Score
Price ﷼51.75
GF Value ﷼55.56
Valuation Fairly Valued
! 8 Warning Signs
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What is Saudi Basic Industries Scaled Net Operating Assets?

Saudi Basic Industries SAU:2010 -1.33% 67 Scaled Net Operating Assets is 0.62 as of Mar. 2026. GuruFocus rates SAU:2010 with a GF Score™ of 67/100 and a GF Value™ of ﷼55.56 (Fairly Valued). The stock has 8 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.

Saudi Basic Industries's operating assets for the quarter that ended in Mar. 2026 was ﷼201,991 Mil. Saudi Basic Industries's operating liabilities for the quarter that ended in Mar. 2026 was ﷼50,144 Mil. Saudi Basic Industries's Total Assets for the quarter that ended in Dec. 2025 was ﷼244,292 Mil. Therefore, Saudi Basic Industries's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.62.


Saudi Basic Industries Scaled Net Operating Assets Historical Data

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The historical data trend for Saudi Basic Industries'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.

Saudi Basic Industries Scaled Net Operating Assets Chart

Saudi Basic Industries 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 0.69 0.64 0.60 0.62 0.55

Saudi Basic Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 0.66 0.64 0.58 0.62

SAU:2010 vs DOW: Scaled Net Operating Assets Comparison

For the Chemicals subindustry, Saudi Basic Industries'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.


Saudi Basic Industries Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Saudi Basic Industries's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Saudi Basic Industries's Scaled Net Operating Assets falls into.


SAU:2010
67GF Score
Saudi Basic Industries Corp SAU:2010
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Saudi Basic Industries 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.

Saudi Basic Industries'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 )
=(204714.313-52417.421)/277543.843
=0.55

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=244292.189 - 39577.876
=204714.313

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=89472.648 - 24335.922 - 12719.305
=52417.421

Saudi Basic Industries'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 )
=(201991.042-50143.605)/244292.189
=0.62

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=237906.104 - 35915.062
=201991.042

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=88826.392 - 25301.247 - 13381.54
=50143.605

* 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 0.62 mean?
Saudi Basic Industries (SAU:2010) has a Scaled Net Operating Assets of 0.62 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 Saudi Basic Industries and its competitors.
Is Saudi Basic Industries' Scaled Net Operating Assets too high?
Saudi Basic Industries' current Scaled Net Operating Assets is 0.62. Overall, Saudi Basic Industries has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Saudi Basic Industries' Scaled Net Operating Assets compare to DOW?
Saudi Basic Industries' Scaled Net Operating Assets of 0.62 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Saudi Basic Industries and its competitors. Saudi Basic Industries's current Scaled Net Operating Assets is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saudi Basic Industries stock overvalued right now?
Based on GuruFocus' analysis, Saudi Basic Industries (SAU:2010) is currently considered Fairly Valued. The stock's GF Value™ is ﷼55.56, compared to a current price of ﷼51.75 — trading 6.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.62. Saudi Basic Industries' overall GF Score™ is 67/100 with 8 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 Saudi Basic Industries (SAU:2010), the current Scaled Net Operating Assets is 0.62 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 Saudi Basic Industries (SAU:2010) Overvalued in 2026?

Based on GuruFocus' analysis, Saudi Basic Industries stock appears to be undervalued. The current stock price of ﷼51.75 is trading 6.9% below its estimated GF Value™ of ﷼55.56. GuruFocus considers Saudi Basic Industries to be Fairly Valued.

Key valuation signals for SAU:2010:

  • Scaled Net Operating Assets: 0.62
  • GF Value™: ﷼55.56 vs. price of ﷼51.75 (6.9% below fair value)
  • GF Score™: 67/100 with 8 warning signs

No single metric tells the full story. See the SAU:2010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saudi Basic Industries Business Description

Address Qurtubah District, P.O. Box 5101, Riyadh, SAU, 11422
Saudi Basic Industries Corp is a chemicals manufacturer in Saudi Arabia. The primary business segments of the company are Petrochemicals and Agri-nutrients. In Petrochemicals segment products included polymers and chemicals are produced from hydrocarbon feedstock including methane, ethane, and propane, it also includes the production of a range of fertilisers; including urea, ammonia, phosphate, as well as compound fertilisers. The Hadeed is concerned with production of steel products, long products and flat products. The company derives maximum revenue from Petrochemicals segment. Geographically, it generates maximum revenue from Rest of Asia followed by China, KSA, America and Europe.
67GF Score

Get the complete analysis for SAU:2010

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

﷼51.75
Price
﷼55.56
GF Value