Arabian Centres Co (SAU:4321) Scaled Net Operating Assets: 0.87 (As of Mar. 2026)

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SAU:4321 Arabian Centres Co SAU:4321
80 GF Score
Price ﷼16.19
GF Value ﷼21.20
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Arabian Centres Co Scaled Net Operating Assets?

Arabian Centres Co SAU:4321 -1.82% 80 Scaled Net Operating Assets is 0.87 as of Mar. 2026. GuruFocus rates SAU:4321 with a GF Score™ of 80/100 and a GF Value™ of ﷼21.20 (Modestly Undervalued). The stock has 7 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 Centres Co's operating assets for the quarter that ended in Mar. 2026 was ﷼33,338 Mil. Arabian Centres Co's operating liabilities for the quarter that ended in Mar. 2026 was ﷼1,277 Mil. Arabian Centres Co's Total Assets for the quarter that ended in Dec. 2025 was ﷼36,892 Mil. Therefore, Arabian Centres Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.87.


Arabian Centres Co Scaled Net Operating Assets Historical Data

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The historical data trend for Arabian Centres 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.

Arabian Centres Co Scaled Net Operating Assets Chart

Arabian Centres Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 1.32 0.98 1.00 1.05 0.99

Arabian Centres 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 0.95 0.96 0.94 0.93 0.87

SAU:4321 vs JOE: Scaled Net Operating Assets Comparison

For the Real Estate - Diversified subindustry, Arabian Centres 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.


Arabian Centres Co Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Arabian Centres Co's Scaled Net Operating Assets distribution charts can be found below:

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


SAU:4321
80GF Score
Arabian Centres Co SAU:4321
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Arabian Centres 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.

Arabian Centres 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 )
=(32598.567-1546.658)/31452.546
=0.99

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=36892.157 - 4293.59
=32598.567

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=21326.767 - 16099.311 - 3680.798
=1546.658

Arabian Centres 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 )
=(33338.235-1277.156)/36892.157
=0.87

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=34413.52 - 1075.285
=33338.235

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18652.614 - 16924.781 - 450.677
=1277.156

* 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 0.87 mean?
Arabian Centres Co (SAU:4321) has a Scaled Net Operating Assets of 0.87 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 Centres Co and its competitors.
Is Arabian Centres Co's Scaled Net Operating Assets too high?
Arabian Centres Co's current Scaled Net Operating Assets is 0.87. Overall, Arabian Centres Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Arabian Centres Co's Scaled Net Operating Assets compare to JOE?
Arabian Centres Co's Scaled Net Operating Assets of 0.87 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Centres Co and its competitors. Arabian Centres Co's current Scaled Net Operating Assets is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arabian Centres Co stock overvalued right now?
Based on GuruFocus' analysis, Arabian Centres Co (SAU:4321) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼21.20, compared to a current price of ﷼16.19 — trading 23.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.87. Arabian Centres Co's overall GF Score™ is 80/100 with 7 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 Centres Co (SAU:4321), the current Scaled Net Operating Assets is 0.87 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 Centres Co (SAU:4321) Overvalued in 2026?

Based on GuruFocus' analysis, Arabian Centres Co stock appears to be undervalued. The current stock price of ﷼16.19 is trading 23.6% below its estimated GF Value™ of ﷼21.20. GuruFocus considers Arabian Centres Co to be Modestly Undervalued.

Key valuation signals for SAU:4321:

  • Scaled Net Operating Assets: 0.87
  • GF Value™: ﷼21.20 vs. price of ﷼16.19 (23.6% below fair value)
  • GF Score™: 80/100 with 7 warning signs

No single metric tells the full story. See the SAU:4321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arabian Centres Co Business Description

Address 8838, Prince Turki Ibn Abdulaziz Al Awwal Road, King Saud University District, Riyadh, SAU, 12373-4925
Arabian Centres Co and its subsidiaries' principal business objectives are to purchase land, build, develop, and invest in buildings, and sell or lease buildings, including the construction of commercial buildings with demolition, repair, excavation, and maintenance works. The Group also maintains and operates commercial centres, tourist resorts, hotels and restaurants, and manages exhibitions, compounds, and hospitals. Its licensed activities include construction and renovation of residential and non-residential buildings, buying and selling land and real estate, leasing and property management, real estate development using modern construction methods, and real estate marketing, advertising, and maintenance service activities for buildings.
80GF Score

Get the complete analysis for SAU:4321

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

﷼16.19
Price
﷼21.20
GF Value