Saudi Vitrified Clay Pipes Co (SAU:2360) Scaled Net Operating Assets: 0.72 (As of Mar. 2026)

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SAU:2360 Saudi Vitrified Clay Pipes Co SAU:2360
55 GF Score
Price ﷼17.14
GF Value ﷼34.74
Valuation Possible Value Trap
! 4 Warning Signs
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What is Saudi Vitrified Clay Pipes Co Scaled Net Operating Assets?

Saudi Vitrified Clay Pipes Co SAU:2360 -3.27% 55 Scaled Net Operating Assets is 0.72 as of Mar. 2026. GuruFocus rates SAU:2360 with a GF Score™ of 55/100 and a GF Value™ of ﷼34.74 (Possible Value Trap). The stock has 4 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 Vitrified Clay Pipes Co's operating assets for the quarter that ended in Mar. 2026 was ﷼152.34 Mil. Saudi Vitrified Clay Pipes Co's operating liabilities for the quarter that ended in Mar. 2026 was ﷼42.64 Mil. Saudi Vitrified Clay Pipes Co's Total Assets for the quarter that ended in Dec. 2025 was ﷼152.63 Mil. Therefore, Saudi Vitrified Clay Pipes Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.72.


Saudi Vitrified Clay Pipes Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Saudi Vitrified Clay Pipes Co'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 Vitrified Clay Pipes Co Scaled Net Operating Assets Chart

Saudi Vitrified Clay Pipes Co 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 0.77 0.75 0.57 0.52 0.67

Saudi Vitrified Clay Pipes Co 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 0.80 0.71 0.84 0.55 0.72

SAU:2360 vs TT, JCI, CARR: Scaled Net Operating Assets Comparison

For the Building Products & Equipment subindustry, Saudi Vitrified Clay Pipes Co'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 Vitrified Clay Pipes Co Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Saudi Vitrified Clay Pipes Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Saudi Vitrified Clay Pipes Co's Scaled Net Operating Assets falls into.


SAU:2360
55GF Score
Saudi Vitrified Clay Pipes Co SAU:2360
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saudi Vitrified Clay Pipes Co 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 Vitrified Clay Pipes Co'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 )
=(138.4-34.695)/154.956
=0.67

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=152.63 - 14.23
=138.4

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=83.56 - 22.757 - 26.108
=34.695

Saudi Vitrified Clay Pipes Co'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 )
=(152.336-42.636)/152.63
=0.72

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=153.878 - 1.542
=152.336

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=89.162 - 20.883 - 25.643
=42.636

* 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 0.72 mean?
Saudi Vitrified Clay Pipes Co (SAU:2360) has a Scaled Net Operating Assets of 0.72 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 Vitrified Clay Pipes Co and its competitors.
Is Saudi Vitrified Clay Pipes Co's Scaled Net Operating Assets too high?
Saudi Vitrified Clay Pipes Co's current Scaled Net Operating Assets is 0.72. Overall, Saudi Vitrified Clay Pipes Co has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Saudi Vitrified Clay Pipes Co's Scaled Net Operating Assets compare to TT and JCI?
Saudi Vitrified Clay Pipes Co's Scaled Net Operating Assets of 0.72 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Vitrified Clay Pipes Co and its competitors. Saudi Vitrified Clay Pipes Co's current Scaled Net Operating Assets is 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saudi Vitrified Clay Pipes Co stock overvalued right now?
Based on GuruFocus' analysis, Saudi Vitrified Clay Pipes Co (SAU:2360) is currently considered Possible Value Trap. The stock's GF Value™ is ﷼34.74, compared to a current price of ﷼17.14 — trading 50.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.72. Saudi Vitrified Clay Pipes Co's overall GF Score™ is 55/100 with 4 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 Vitrified Clay Pipes Co (SAU:2360), the current Scaled Net Operating Assets is 0.72 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 Vitrified Clay Pipes Co (SAU:2360) Overvalued in 2026?

Based on GuruFocus' analysis, Saudi Vitrified Clay Pipes Co stock appears to be undervalued. The current stock price of ﷼17.14 is trading 50.7% below its estimated GF Value™ of ﷼34.74. GuruFocus considers Saudi Vitrified Clay Pipes Co to be Possible Value Trap.

Key valuation signals for SAU:2360:

  • Scaled Net Operating Assets: 0.72
  • GF Value™: ﷼34.74 vs. price of ﷼17.14 (50.7% below fair value)
  • GF Score™: 55/100 with 4 warning signs

No single metric tells the full story. See the SAU:2360 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saudi Vitrified Clay Pipes Co Business Description

Address Road No. 182, P.O. Box 6415, Second Industrial City, Al Aqaria Siteen - Al Malaz, Riyadh, SAU, 11442
Saudi Vitrified Clay Pipes Co is mainly engaged in manufacturing and selling clay and plastic pipes, including their accessories and attachments, in various diameters, and providing all supporting works for this purpose. Its product portfolio comprises perforated clay drain pipes, flexible joints, pipes and bends with different joining systems, clay junctions, and related accessories. The company's operating segments are: Vitrified Clay Pipes, which generate maximum revenue, Cement Pipes, and Plastic Pipes. Geographically, it derives maximum revenue from the Kingdom of Saudi Arabia, and also sells its products to other markets.
55GF Score

Get the complete analysis for SAU:2360

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

﷼17.14
Price
﷼34.74
GF Value