Banco Bmg (BSP:BMGB4) Scaled Net Operating Assets: 0.20 (As of Jun. 2026)

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BSP:BMGB4 Banco Bmg SA BSP:BMGB4
62 GF Score
Price R$5.87
GF Value R$4.33
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Banco Bmg Scaled Net Operating Assets?

Banco Bmg BSP:BMGB4 +6.15% 62 Scaled Net Operating Assets is 0.20 as of Jun. 2026. GuruFocus rates BSP:BMGB4 with a GF Score™ of 62/100 and a GF Value™ of R$4.33 (Significantly Overvalued). The stock has 9 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.

Banco Bmg's operating assets for the quarter that ended in Jun. 2026 was R$48,636 Mil. Banco Bmg's operating liabilities for the quarter that ended in Jun. 2026 was R$38,385 Mil. Banco Bmg's Total Assets for the quarter that ended in Mar. 2026 was R$50,622 Mil. Therefore, Banco Bmg's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.20.

BSP:BMGB4
62GF Score
Banco Bmg SA BSP:BMGB4
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Banco Bmg 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.

Banco Bmg'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 )
=(47606.623-37934.001)/48437.791
=0.20

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=49047.681 - 1441.058
=47606.623

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=45024.882 - 7090.881 - 0
=37934.001

Banco Bmg's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(48636.18-38384.56)/50621.501
=0.20

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=50045.961 - 1409.781
=48636.18

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=45595.739 - 7211.179 - 0
=38384.56

* 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 0.20 mean?
Banco Bmg (BSP:BMGB4) has a Scaled Net Operating Assets of 0.20 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Banco Bmg and its competitors.
Is Banco Bmg's Scaled Net Operating Assets too high?
Banco Bmg's current Scaled Net Operating Assets is 0.20. Overall, Banco Bmg has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banco Bmg's Scaled Net Operating Assets compare to competitors?
Banco Bmg's Scaled Net Operating Assets of 0.20 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 Banco Bmg and its competitors. Banco Bmg's current Scaled Net Operating Assets is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Bmg stock overvalued right now?
Based on GuruFocus' analysis, Banco Bmg (BSP:BMGB4) is currently considered Significantly Overvalued. The stock's GF Value™ is R$4.33, compared to a current price of R$5.87 — trading 35.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.20. Banco Bmg's overall GF Score™ is 62/100 with 9 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 Banco Bmg (BSP:BMGB4), the current Scaled Net Operating Assets is 0.20 as of Jun. 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 Banco Bmg (BSP:BMGB4) Overvalued in 2026?

Based on GuruFocus' analysis, Banco Bmg stock appears to be overvalued. The current stock price of R$5.87 is trading 35.6% above its estimated GF Value™ of R$4.33. GuruFocus considers Banco Bmg to be Significantly Overvalued.

Key valuation signals for BSP:BMGB4:

  • Scaled Net Operating Assets: 0.20
  • GF Value™: R$4.33 vs. price of R$5.87 (35.6% above fair value)
  • GF Score™: 62/100 with 9 warning signs

No single metric tells the full story. See the BSP:BMGB4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Banco Bmg Business Description

Address Avenida Presidente Juscelino Kubitscheck, No. 1830, 10th Floor, Tower 2, Vila Nova Conceicao, Sao Paulo, SP, BRA, 04543-900
Banco Bmg SA operates as a multiple service bank with commercial, credit, financing and investment portfolios. The company operates in two segments: i) Retail Banking: offering of banking products and services to individuals. It also provides a full range of retail products and services available to its clients through its digital bank. ii) Wholesale Banking: offering of banking products and services to legal entities. Wholesale customers are offered financing, structured financial services, derivative instruments and collateral insurance.
62GF Score

Get the complete analysis for BSP:BMGB4

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

R$5.87
Price
R$4.33
GF Value