BXRBF (Bendigo and Adelaide Bank) Scaled Net Operating Assets: 0.13 (As of Dec. 2025)


BXRBF Bendigo and Adelaide Bank Ltd BXRBF
55 GF Score
Price $7.32
GF Value $8.33
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Bendigo and Adelaide Bank Scaled Net Operating Assets?

Bendigo and Adelaide Bank BXRBF 55 Scaled Net Operating Assets is 0.13 as of Dec. 2025. GuruFocus rates BXRBF with a GF Score™ of 55/100 and a GF Value™ of $8.33 (Modestly Undervalued). The stock has 6 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.

Bendigo and Adelaide Bank's operating assets for the quarter that ended in Dec. 2025 was $65,497 Mil. Bendigo and Adelaide Bank's operating liabilities for the quarter that ended in Dec. 2025 was $56,601 Mil. Bendigo and Adelaide Bank's Total Assets for the quarter that ended in Jun. 2025 was $67,200 Mil. Therefore, Bendigo and Adelaide Bank's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.13.

BXRBF
55GF Score
Bendigo and Adelaide Bank Ltd BXRBF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Bendigo and Adelaide Bank 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.

Bendigo and Adelaide Bank's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(66494.597-55453.906)/65197.809
=0.17

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=67199.805 - 705.208
=66494.597

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=62857.161 - 7403.255 - 0
=55453.906

Bendigo and Adelaide Bank'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: Jun. 2025 )
=(65496.612-56600.731)/67199.805
=0.13

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=67309.369 - 1812.757
=65496.612

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=62894.884 - 6294.153 - 0
=56600.731

* 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 0.13 mean?
Bendigo and Adelaide Bank (BXRBF) has a Scaled Net Operating Assets of 0.13 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 Bendigo and Adelaide Bank and its competitors.
Is Bendigo and Adelaide Bank's Scaled Net Operating Assets too high?
Bendigo and Adelaide Bank's current Scaled Net Operating Assets is 0.13. Overall, Bendigo and Adelaide Bank has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bendigo and Adelaide Bank's Scaled Net Operating Assets compare to PNC and USB?
Bendigo and Adelaide Bank's Scaled Net Operating Assets of 0.13 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 Bendigo and Adelaide Bank and its competitors. Bendigo and Adelaide Bank's current Scaled Net Operating Assets is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bendigo and Adelaide Bank stock overvalued right now?
Based on GuruFocus' analysis, Bendigo and Adelaide Bank (BXRBF) is currently considered Modestly Undervalued. The stock's GF Value™ is $8.33, compared to a current price of $7.32 — trading 12.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.13. Bendigo and Adelaide Bank's overall GF Score™ is 55/100 with 6 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 Bendigo and Adelaide Bank (BXRBF), the current Scaled Net Operating Assets is 0.13 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 Bendigo and Adelaide Bank (BXRBF) Overvalued in 2026?

Based on GuruFocus' analysis, Bendigo and Adelaide Bank stock appears to be undervalued. The current stock price of $7.32 is trading 12.1% below its estimated GF Value™ of $8.33. GuruFocus considers Bendigo and Adelaide Bank to be Modestly Undervalued.

Key valuation signals for BXRBF:

  • Scaled Net Operating Assets: 0.13
  • GF Value™: $8.33 vs. price of $7.32 (12.1% below fair value)
  • GF Score™: 55/100 with 6 warning signs

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

Bendigo and Adelaide Bank Business Description

Address 22-44 Bath Lane, The Bendigo Centre, Bendigo, VIC, AUS, 3550
Founded in 1858 as the Bendigo Building Society as a leading regional bank operating in the consumer, small-business, and rural banking sectors, Bendigo gained public goodwill after rolling out branches in locations deserted by major banks in the late 1990s and early 2000s. The Adelaide Bank merger in 2007 diversified the bank into wholesale banking, while expanding the geographical footprint. It is a conservatively managed retail bank with a long history, a well-regarded retail franchise, and high levels of customer and shareholder loyalty.
55GF 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.

$7.32
Price
$8.33
GF Value