Banco Daycoval S.A. (BSP:DAYC3) Scaled Net Operating Assets: 0.47 (As of Jun. 2016)


What is Banco Daycoval S.A. Scaled Net Operating Assets?

Banco Daycoval S.A. BSP:DAYC3 Scaled Net Operating Assets is 0.47 as of Jun. 2016. The stock has 3 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 Daycoval S.A.'s operating assets for the quarter that ended in Jun. 2016 was R$20,285.42 Mil. Banco Daycoval S.A.'s operating liabilities for the quarter that ended in Jun. 2016 was R$10,654.52 Mil. Banco Daycoval S.A.'s Total Assets for the quarter that ended in Mar. 2016 was R$20,303.29 Mil. Therefore, Banco Daycoval S.A.'s scaled net operating assets (SNOA) for the quarter that ended in Jun. 2016 was 0.47.

Banco Daycoval S.A. 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 Daycoval S.A.'s Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2015 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2015 )
=(Operating Assets (A: Dec. 2015 )-Operating Liabilities (A: Dec. 2015 ))/Total Assets (A: Dec. 2014 )
=(21554.451-11443.083)/18937.05
=0.53

where

Operating Assets(A: Dec. 2015 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=21930.055 - 375.604
=21554.451

Operating Liabilities(A: Dec. 2015 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19142.446 - 7699.363 - 0
=11443.083

Banco Daycoval S.A.'s Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2016 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2016 )
=(Operating Assets (Q: Jun. 2016 )-Operating Liabilities (Q: Jun. 2016 ))/Total Assets (Q: Mar. 2016 )
=(20285.424-10654.52)/20303.285
=0.47

where

Operating Assets(Q: Jun. 2016 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=20529.2 - 243.776
=20285.424

Operating Liabilities(Q: Jun. 2016 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17674.31 - 7019.79 - 0
=10654.52

* 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 0.47 mean?
Banco Daycoval S.A. (BSP:DAYC3) has a Scaled Net Operating Assets of 0.47 as of Jun. 2016. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Banco Daycoval S.A. and its competitors.
Is Banco Daycoval S.A.'s Scaled Net Operating Assets too high?
Banco Daycoval S.A.'s current Scaled Net Operating Assets is 0.47.
How does Banco Daycoval S.A.'s Scaled Net Operating Assets compare to FISI and MBIN?
Banco Daycoval S.A.'s Scaled Net Operating Assets of 0.47 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 Daycoval S.A. and its competitors. Banco Daycoval S.A.'s current Scaled Net Operating Assets is 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Daycoval S.A. stock overvalued right now?
Banco Daycoval S.A. (BSP:DAYC3) has a current Scaled Net Operating Assets of 0.47. The current Scaled Net Operating Assets is 0.47. 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 Daycoval S.A. (BSP:DAYC3), the current Scaled Net Operating Assets is 0.47 as of Jun. 2016. 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.

Banco Daycoval S.A. Business Description

Banco Daycoval S.A. was founded in 1968. It is a is a commercial bank. The Company along with its subsidiaries is engaged in commercial, foreign exchange, investment and lending portfolios. It also provide services including management of assets, life insurance and pension plans. The Company operates in four business segments: financial segment; asset management segment; insurance and pension fund segment; andother segments. Financial segment - handles individual customer deposits and provides loan, overdraft, credit card, and wire transfer services, and performs treasury, finance and other core functions; Asset management segment - services to institutional investors and intermediaries by providing financial asset management through investment funds; and Insurance and pension fund segment - offers life insurance and open-end supplementary pension funds, by operating lump-sum and annuity plans, consisting of the plans' participants' contributions.