Bank of Africa (CAS:BOA) Scaled Net Operating Assets: 0.08 (As of Mar. 2026)


CAS:BOA Bank of Africa CAS:BOA
50 GF Score
Price MAD192.50
GF Value MAD222.52
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Bank of Africa Scaled Net Operating Assets?

Bank of Africa CAS:BOA -1.26% 50 Scaled Net Operating Assets is 0.08 as of Mar. 2026. GuruFocus rates CAS:BOA with a GF Score™ of 50/100 and a GF Value™ of MAD222.52 (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.

Bank of Africa's operating assets for the quarter that ended in Mar. 2026 was MAD429,979 Mil. Bank of Africa's operating liabilities for the quarter that ended in Mar. 2026 was MAD393,555 Mil. Bank of Africa's Total Assets for the quarter that ended in Dec. 2025 was MAD437,678 Mil. Therefore, Bank of Africa's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.08.

CAS:BOA
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Bank of Africa CAS:BOA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Bank of Africa 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.

Bank of Africa'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 )
=(413351.127-343822.345)/423278.818
=0.16

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=437677.787 - 24326.66
=413351.127

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=397251.35 - 53429.005 - 0
=343822.345

Bank of Africa'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 )
=(429978.926-393555.499)/437677.787
=0.08

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=458206.416 - 28227.49
=429978.926

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=416769.777 - 23214.278 - 0
=393555.499

* 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 0.08 mean?
Bank of Africa (CAS:BOA) has a Scaled Net Operating Assets of 0.08 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 Bank of Africa and its competitors.
Is Bank of Africa's Scaled Net Operating Assets too high?
Bank of Africa's current Scaled Net Operating Assets is 0.08. Overall, Bank of Africa has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bank of Africa's Scaled Net Operating Assets compare to JPM and BAC?
Bank of Africa's Scaled Net Operating Assets of 0.08 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 Bank of Africa and its competitors. Bank of Africa's current Scaled Net Operating Assets is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Africa stock overvalued right now?
Based on GuruFocus' analysis, Bank of Africa (CAS:BOA) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD222.52, compared to a current price of MAD192.50 — trading 13.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.08. Bank of Africa's overall GF Score™ is 50/100 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 Bank of Africa (CAS:BOA), the current Scaled Net Operating Assets is 0.08 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 Bank of Africa (CAS:BOA) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of Africa stock appears to be undervalued. The current stock price of MAD192.50 is trading 13.5% below its estimated GF Value™ of MAD222.52. GuruFocus considers Bank of Africa to be Modestly Undervalued.

Key valuation signals for CAS:BOA:

  • Scaled Net Operating Assets: 0.08
  • GF Value™: MAD222.52 vs. price of MAD192.50 (13.5% below fair value)
  • GF Score™: 50/100 with 2 warning signs

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

Bank of Africa Business Description

Address Lotissement Mandarona Lot N 1, Imm. Promoffice Sidi Maarouf, Casablanca, MAR, 20000
Bank of Africa is a commercial bank operating in Morocco and multiple African countries, with additional offices in Europe, China, and Canada. It provides financial services to individuals, businesses, and public institutions, including banking, insurance, asset management, leasing, and investment services. Its offerings include accounts, cards, loans, and savings products. The bank operates through a network of subsidiaries and focuses on expanding its services to small and medium-sized enterprises and developing digital banking channels across its markets.
50GF 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.

MAD192.50
Price
MAD222.52
GF Value