Alkhorayef Water & Power Technologies (SAU:2081) Scaled Net Operating Assets: 0.60 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SAU:2081 Alkhorayef Water & Power Technologies SAU:2081
92 GF Score
Price ﷼105.10
GF Value ﷼199.32
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Alkhorayef Water & Power Technologies Scaled Net Operating Assets?

Alkhorayef Water & Power Technologies SAU:2081 -0.28% 92 Scaled Net Operating Assets is 0.60 as of Mar. 2026. GuruFocus rates SAU:2081 with a GF Score™ of 92/100 and a GF Value™ of ﷼199.32 (Possible Value Trap). 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.

Alkhorayef Water & Power Technologies's operating assets for the quarter that ended in Mar. 2026 was ﷼2,933 Mil. Alkhorayef Water & Power Technologies's operating liabilities for the quarter that ended in Mar. 2026 was ﷼1,081 Mil. Alkhorayef Water & Power Technologies's Total Assets for the quarter that ended in Dec. 2025 was ﷼3,075 Mil. Therefore, Alkhorayef Water & Power Technologies's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.60.


Alkhorayef Water & Power Technologies Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Alkhorayef Water & Power Technologies'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.

Alkhorayef Water & Power Technologies Scaled Net Operating Assets Chart

Alkhorayef Water & Power Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.98 1.09 0.86 0.68 0.69

Alkhorayef Water & Power Technologies 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 0.61 0.53 0.51 0.55 0.60

SAU:2081 vs AWK, WTRG, AWR: Scaled Net Operating Assets Comparison

For the Utilities - Regulated Water subindustry, Alkhorayef Water & Power Technologies'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.


Alkhorayef Water & Power Technologies Scaled Net Operating Assets vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Alkhorayef Water & Power Technologies's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Alkhorayef Water & Power Technologies's Scaled Net Operating Assets falls into.


SAU:2081
92GF Score
Alkhorayef Water & Power Technologies SAU:2081
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alkhorayef Water & Power Technologies 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.

Alkhorayef Water & Power Technologies'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 )
=(2816.936-1173.423)/2380.38
=0.69

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3074.755 - 257.819
=2816.936

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2159.046 - 742.774 - 242.849
=1173.423

Alkhorayef Water & Power Technologies'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 )
=(2933.381-1081.157)/3074.755
=0.60

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3188.108 - 254.727
=2933.381

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2206.84 - 907.029 - 218.654
=1081.157

* 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 0.60 mean?
Alkhorayef Water & Power Technologies (SAU:2081) has a Scaled Net Operating Assets of 0.60 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 Alkhorayef Water & Power Technologies and its competitors.
Is Alkhorayef Water & Power Technologies' Scaled Net Operating Assets too high?
Alkhorayef Water & Power Technologies' current Scaled Net Operating Assets is 0.60. Overall, Alkhorayef Water & Power Technologies has a GF Score™ of 92/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alkhorayef Water & Power Technologies' Scaled Net Operating Assets compare to AWK and WTRG?
Alkhorayef Water & Power Technologies' Scaled Net Operating Assets of 0.60 can be compared against companies in the Utilities - Regulated 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 - Regulated company?
A good Scaled Net Operating Assets depends on the Utilities - Regulated 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 Alkhorayef Water & Power Technologies and its competitors. Alkhorayef Water & Power Technologies's current Scaled Net Operating Assets is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alkhorayef Water & Power Technologies stock overvalued right now?
Based on GuruFocus' analysis, Alkhorayef Water & Power Technologies (SAU:2081) is currently considered Possible Value Trap. The stock's GF Value™ is ﷼199.32, compared to a current price of ﷼105.10 — trading 47.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.60. Alkhorayef Water & Power Technologies' overall GF Score™ is 92/100 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 Alkhorayef Water & Power Technologies (SAU:2081), the current Scaled Net Operating Assets is 0.60 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 Alkhorayef Water & Power Technologies (SAU:2081) Overvalued in 2026?

Based on GuruFocus' analysis, Alkhorayef Water & Power Technologies stock appears to be undervalued. The current stock price of ﷼105.10 is trading 47.3% below its estimated GF Value™ of ﷼199.32. GuruFocus considers Alkhorayef Water & Power Technologies to be Possible Value Trap.

Key valuation signals for SAU:2081:

  • Scaled Net Operating Assets: 0.60
  • GF Value™: ﷼199.32 vs. price of ﷼105.10 (47.3% below fair value)
  • GF Score™: 92/100 with 8 warning signs

No single metric tells the full story. See the SAU:2081 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alkhorayef Water & Power Technologies Business Description

Address Olaya Street, Post Box No. 13315, As-Sahafah District, Riyadh, SAU, 11595
Alkhorayef Water & Power Technologies is engaged in contracting for buildings, roads, industrial, mechanical, marine and electrical works, cleaning of buildings and cities, operation and maintenance of medical centers, hospitals, airports, and waste disposal, and environmental pollution control. Its business consists of three business divisions: Water segment, Wastewater segment, and the Integrated water solutions segment. The company derives maximum revenue from the Water Segment. The Water Segment of the company represents project and O&M services for Deep waterwalls, Water treatment plants, Water distribution networks, and Firework networks. Geographically, the company operates only in Saudi Arabia.
92GF Score

Get the complete analysis for SAU:2081

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

﷼105.10
Price
﷼199.32
GF Value