Bena Steel Industries Co (SAU:9563) Scaled Net Operating Assets: 0.65 (As of Dec. 2025)

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SAU:9563 Bena Steel Industries Co SAU:9563
44 GF Score
Price ﷼33.78
GF Value ﷼37.68
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Bena Steel Industries Co Scaled Net Operating Assets?

Bena Steel Industries Co SAU:9563 44 Scaled Net Operating Assets is 0.65 as of Dec. 2025. GuruFocus rates SAU:9563 with a GF Score™ of 44/100 and a GF Value™ of ﷼37.68 (Modestly Undervalued). 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.

Bena Steel Industries Co's operating assets for the quarter that ended in Dec. 2025 was ﷼311.5 Mil. Bena Steel Industries Co's operating liabilities for the quarter that ended in Dec. 2025 was ﷼96.3 Mil. Bena Steel Industries Co's Total Assets for the quarter that ended in Jun. 2025 was ﷼329.8 Mil. Therefore, Bena Steel Industries Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.65.


Bena Steel Industries Co Scaled Net Operating Assets Historical Data

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The historical data trend for Bena Steel Industries 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.

Bena Steel Industries Co Scaled Net Operating Assets Chart

Bena Steel Industries Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.60 0.67 0.74 0.77

Bena Steel Industries Co Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial 0.58 0.76 0.71 0.87 0.65

SAU:9563 vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, Bena Steel Industries 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.


Bena Steel Industries Co Scaled Net Operating Assets vs Steel Industry

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

* The bar in red indicates where Bena Steel Industries Co's Scaled Net Operating Assets falls into.


SAU:9563
44GF Score
Bena Steel Industries Co SAU:9563
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bena Steel Industries 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.

Bena Steel Industries 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 )
=(311.47-96.285)/278.118
=0.77

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=314.575 - 3.105
=311.47

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=225.337 - 1.479 - 127.573
=96.285

Bena Steel Industries Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(311.47-96.285)/329.768
=0.65

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=314.575 - 3.105
=311.47

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=225.337 - 1.479 - 127.573
=96.285

* 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 0.65 mean?
Bena Steel Industries Co (SAU:9563) has a Scaled Net Operating Assets of 0.65 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Bena Steel Industries Co and its competitors.
Is Bena Steel Industries Co's Scaled Net Operating Assets too high?
Bena Steel Industries Co's current Scaled Net Operating Assets is 0.65. Overall, Bena Steel Industries Co has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bena Steel Industries Co's Scaled Net Operating Assets compare to NUE and STLD?
Bena Steel Industries Co's Scaled Net Operating Assets of 0.65 can be compared against companies in the Steel 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 Steel company?
A good Scaled Net Operating Assets depends on the Steel 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 Bena Steel Industries Co and its competitors. Bena Steel Industries Co's current Scaled Net Operating Assets is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bena Steel Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Bena Steel Industries Co (SAU:9563) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼37.68, compared to a current price of ﷼33.78 — trading 10.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.65. Bena Steel Industries Co's overall GF Score™ is 44/100 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 Bena Steel Industries Co (SAU:9563), the current Scaled Net Operating Assets is 0.65 as of Dec. 2025. 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 Bena Steel Industries Co (SAU:9563) Overvalued in 2026?

Based on GuruFocus' analysis, Bena Steel Industries Co stock appears to be undervalued. The current stock price of ﷼33.78 is trading 10.4% below its estimated GF Value™ of ﷼37.68. GuruFocus considers Bena Steel Industries Co to be Modestly Undervalued.

Key valuation signals for SAU:9563:

  • Scaled Net Operating Assets: 0.65
  • GF Value™: ﷼37.68 vs. price of ﷼33.78 (10.4% below fair value)
  • GF Score™: 44/100 with 8 warning signs

No single metric tells the full story. See the SAU:9563 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bena Steel Industries Co Business Description

Address 4781 King Fahad Ibn Abdulaziz Road 34th Street, 1st Industrial, Dammam, SAU, 32234-7789
Bena Steel Industries Co is engaged in the production of galvanized metal sheets, ribbed and non-ribbed metal structures and metal sheets, ribbed and non-ribbed aluminum sheets and chromed metal sheets, electro plated steel silicon steel, as well as aluminum, Pre-painted Corrugated Stel Sheets, Manufacture of ERW pipes & tubes and producing Wheelbarrow.
44GF Score

Get the complete analysis for SAU:9563

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

﷼33.78
Price
﷼37.68
GF Value