Supergas Power (2019) (XTAE:SPGS) Scaled Net Operating Assets: 0.79 (As of Mar. 2026)


XTAE:SPGS Supergas Power (2019) Ltd XTAE:SPGS
80 GF Score
Price ₪26.65
GF Value ₪31.27
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Supergas Power (2019) Scaled Net Operating Assets?

Supergas Power (2019) XTAE:SPGS +1.37% 80 Scaled Net Operating Assets is 0.79 as of Mar. 2026. GuruFocus rates XTAE:SPGS with a GF Score™ of 80/100 and a GF Value™ of ₪31.27 (Modestly Undervalued). The stock has 2 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.

Supergas Power (2019)'s operating assets for the quarter that ended in Mar. 2026 was ₪1,769 Mil. Supergas Power (2019)'s operating liabilities for the quarter that ended in Mar. 2026 was ₪359 Mil. Supergas Power (2019)'s Total Assets for the quarter that ended in Dec. 2025 was ₪1,780 Mil. Therefore, Supergas Power (2019)'s scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.79.


Supergas Power (2019) Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Supergas Power (2019)'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.

Supergas Power (2019) Scaled Net Operating Assets Chart

Supergas Power (2019) Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 1.00 0.88 0.88 0.82 0.74

Supergas Power (2019) 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 0.84 0.74 0.77 0.76 0.79

XTAE:SPGS vs ATO, NI, UGI: Scaled Net Operating Assets Comparison

For the Utilities - Regulated Gas subindustry, Supergas Power (2019)'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.


Supergas Power (2019) Scaled Net Operating Assets vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Supergas Power (2019)'s Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Supergas Power (2019)'s Scaled Net Operating Assets falls into.


XTAE:SPGS
80GF Score
Supergas Power (2019) Ltd XTAE:SPGS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Supergas Power (2019) 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.

Supergas Power (2019)'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 )
=(1718.155-342.106)/1853.24
=0.74

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1780.212 - 62.057
=1718.155

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1038.549 - 464.029 - 232.414
=342.106

Supergas Power (2019)'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 )
=(1768.908-358.879)/1780.212
=0.79

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1827.322 - 58.414
=1768.908

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1086.997 - 460.332 - 267.786
=358.879

* 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 0.79 mean?
Supergas Power (2019) (XTAE:SPGS) has a Scaled Net Operating Assets of 0.79 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 Supergas Power (2019) and its competitors.
Is Supergas Power (2019)'s Scaled Net Operating Assets too high?
Supergas Power (2019)'s current Scaled Net Operating Assets is 0.79. Overall, Supergas Power (2019) has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Supergas Power (2019)'s Scaled Net Operating Assets compare to ATO and NI?
Supergas Power (2019)'s Scaled Net Operating Assets of 0.79 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 Supergas Power (2019) and its competitors. Supergas Power (2019)'s current Scaled Net Operating Assets is 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Supergas Power (2019) stock overvalued right now?
Based on GuruFocus' analysis, Supergas Power (2019) (XTAE:SPGS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₪31.27, compared to a current price of ₪26.65 — trading 14.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.79. Supergas Power (2019)'s overall GF Score™ is 80/100 with 2 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 Supergas Power (2019) (XTAE:SPGS), the current Scaled Net Operating Assets is 0.79 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 Supergas Power (2019) (XTAE:SPGS) Overvalued in 2026?

Based on GuruFocus' analysis, Supergas Power (2019) stock appears to be undervalued. The current stock price of ₪26.65 is trading 14.8% below its estimated GF Value™ of ₪31.27. GuruFocus considers Supergas Power (2019) to be Modestly Undervalued.

Key valuation signals for XTAE:SPGS:

  • Scaled Net Operating Assets: 0.79
  • GF Value™: ₪31.27 vs. price of ₪26.65 (14.8% below fair value)
  • GF Score™: 80/100 with 2 warning signs

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


Supergas Power (2019) Business Description

Address 8 Hagavish, Netanya, ISR, 4250707
Supergas Power (2019) Ltd, formerly known as Electra Power (2019) Ltd, is engaged in the supply of energy and electricity in Israel. The company offers energy solutions which include cooking gas, natural gas, solar energy, and charging stations for electric vehicles. Electra Power focuses on transferring power into the hands of the consumer and providing smart services and solutions.
80GF Score

Get the complete analysis for XTAE:SPGS

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

₪26.65
Price
₪31.27
GF Value