Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Pinnacle West Capital's operating assets for the quarter that ended in Mar. 2026 was €26,542 Mil. Pinnacle West Capital's operating liabilities for the quarter that ended in Mar. 2026 was €7,297 Mil. Pinnacle West Capital's Total Assets for the quarter that ended in Dec. 2025 was €25,647 Mil. Therefore, Pinnacle West Capital's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.75.
Pinnacle West Capital Scaled Net Operating Assets Related Terms
Pinnacle West Capital Scaled Net Operating Assets Historical Data
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The historical data trend for Pinnacle West Capital'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.
Pinnacle West Capital Scaled Net Operating Assets Chart
STU:PWC vs OGE, IDA, TXNM: Scaled Net Operating Assets Comparison
For the Utilities - Regulated Electric subindustry, Pinnacle West Capital'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.
Pinnacle West Capital Scaled Net Operating Assets vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Pinnacle West Capital's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Pinnacle West Capital's Scaled Net Operating Assets falls into.
* 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 0.75 mean?
Pinnacle West Capital (STU:PWC) has a Scaled Net Operating Assets of 0.75 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 Pinnacle West Capital and its competitors.
Is Pinnacle West Capital's Scaled Net Operating Assets too high?
Pinnacle West Capital's current Scaled Net Operating Assets is 0.75. Overall, Pinnacle West Capital has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Pinnacle West Capital's Scaled Net Operating Assets compare to OGE and IDA?
Pinnacle West Capital's Scaled Net Operating Assets of 0.75 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 Pinnacle West Capital and its competitors. Pinnacle West Capital's current Scaled Net Operating Assets is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pinnacle West Capital stock overvalued right now?
Pinnacle West Capital (STU:PWC) has a current Scaled Net Operating Assets of 0.75. The stock's GF Value™ is €78.85, compared to a current price of €93.70 — trading 18.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.75. Pinnacle West Capital's overall GF Score™ is 78/100 with 14 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 Pinnacle West Capital (STU:PWC), the current Scaled Net Operating Assets is 0.75 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 Pinnacle West Capital (STU:PWC) Overvalued in 2026?
Based on GuruFocus' analysis, Pinnacle West Capital stock appears to be overvalued.
The current stock price of €93.70 is trading 18.8% above its estimated GF Value™ of €78.85.
Key valuation signals for STU:PWC:
Scaled Net Operating Assets: 0.75
GF Value™: €78.85 vs. price of €93.70 (18.8% above fair value)
No single metric tells the full story. See the STU:PWC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pinnacle West is a holding company whose principal subsidiary is Arizona Public Service, a vertically integrated electric utility serving approximately 1.4 million customers across a 35,000-square-mile territory in central Arizona, including the Phoenix area. APS owns or leases 6.5 gigawatts of power generation capacity, including a 29% ownership stake in one of the largest nuclear plants in the US, Palo Verde. Half of the electricity that APS supplies to customers comes from clean energy sources, including nuclear.
78GF Score
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