ANDC (Andover Bancorp) Scaled Net Operating Assets: 0.02 (As of Dec. 2025)

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ANDC Andover Bancorp Inc ANDC
61 GF Score
Price $21.00
GF Value $22.87
Valuation Fairly Valued
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What is Andover Bancorp Scaled Net Operating Assets?

Andover Bancorp ANDC 61 Scaled Net Operating Assets is 0.02 as of Dec. 2025. GuruFocus rates ANDC with a GF Score™ of 61/100 and a GF Value™ of $22.87 (Fairly Valued).

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Andover Bancorp's operating assets for the quarter that ended in Dec. 2025 was $558.90 Mil. Andover Bancorp's operating liabilities for the quarter that ended in Dec. 2025 was $548.65 Mil. Andover Bancorp's Total Assets for the quarter that ended in Dec. 2024 was $565.58 Mil. Therefore, Andover Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.02.

ANDC
61GF Score
Andover Bancorp Inc ANDC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Andover Bancorp 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.

Andover Bancorp'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 )
=(558.899-548.652)/565.58
=0.02

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=587.06 - 28.161
=558.899

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=558.608 - 9.956 - 0
=548.652

Andover Bancorp'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: Dec. 2024 )
=(558.899-548.652)/565.58
=0.02

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=587.06 - 28.161
=558.899

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=558.608 - 9.956 - 0
=548.652

* 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 0.02 mean?
Andover Bancorp (ANDC) has a Scaled Net Operating Assets of 0.02 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 Andover Bancorp and its competitors.
Is Andover Bancorp's Scaled Net Operating Assets too high?
Andover Bancorp's current Scaled Net Operating Assets is 0.02. Overall, Andover Bancorp has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Andover Bancorp's Scaled Net Operating Assets compare to SSBP and FMFP?
Andover Bancorp's Scaled Net Operating Assets of 0.02 can be compared against companies in the Banks 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 Banks company?
A good Scaled Net Operating Assets depends on the Banks 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 Andover Bancorp and its competitors. Andover Bancorp's current Scaled Net Operating Assets is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andover Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Andover Bancorp (ANDC) is currently considered Fairly Valued. The stock's GF Value™ is $22.87, compared to a current price of $21.00 — trading 8.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.02. Andover Bancorp's overall GF Score™ is 61/100. 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 Andover Bancorp (ANDC), the current Scaled Net Operating Assets is 0.02 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 Andover Bancorp (ANDC) Overvalued in 2026?

Based on GuruFocus' analysis, Andover Bancorp stock appears to be undervalued. The current stock price of $21.00 is trading 8.2% below its estimated GF Value™ of $22.87. GuruFocus considers Andover Bancorp to be Fairly Valued.

Key valuation signals for ANDC:

  • Scaled Net Operating Assets: 0.02
  • GF Value™: $22.87 vs. price of $21.00 (8.2% below fair value)
  • GF Score™: 61/100

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

Andover Bancorp Business Description

Address 600 East Main Street, PO Box 1300, Andover, OH, USA, 44003
Andover Bancorp Inc is a United States-based holding company for Andover bank. The bank is a locally owned and independent community bank. The company provides banking services to personal and business customers. The bank provides a full range of banking products, including consumer, mortgage, and commercial loans; checking, savings, and others. The majority of the Company's income is derived from retail lending activities.
61GF Score

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

$21.00
Price
$22.87
GF Value