JPMorgan Chase (CHIX:CMCD) Scaled Net Operating Assets: 0.01 (As of Mar. 2026)


CHIX:CMCD JPMorgan Chase & Co CHIX:CMCD
77 GF Score
Price €261.00
GF Value €220.79
! 9 Warning Signs
View Full Analysis

What is JPMorgan Chase Scaled Net Operating Assets?

JPMorgan Chase CHIX:CMCD 77 Scaled Net Operating Assets is 0.01 as of Mar. 2026. GuruFocus rates CHIX:CMCD with a GF Score™ of 77/100 and a GF Value™ of €220.79. 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.

JPMorgan Chase's operating assets for the quarter that ended in Mar. 2026 was €3,502,136 Mil. JPMorgan Chase's operating liabilities for the quarter that ended in Mar. 2026 was €3,476,976 Mil. JPMorgan Chase's Total Assets for the quarter that ended in Dec. 2025 was €3,778,865 Mil. Therefore, JPMorgan Chase's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.01.

CHIX:CMCD
77GF Score
JPMorgan Chase & Co CHIX:CMCD
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JPMorgan Chase 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.

JPMorgan Chase'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 )
=(3485653.948-3042357.92)/3822687.37
=0.12

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3778864.6 - 293210.652
=3485653.948

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3469342.548 - 370610.38 - 56374.248
=3042357.92

JPMorgan Chase'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 )
=(3502135.88-3476975.625)/3778864.6
=0.01

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=4238910.875 - 736774.995
=3502135.88

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3924018.005 - 388180.86 - 58861.52
=3476975.625

* 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 0.01 mean?
JPMorgan Chase (CHIX:CMCD) has a Scaled Net Operating Assets of 0.01 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 JPMorgan Chase and its competitors.
Is JPMorgan Chase's Scaled Net Operating Assets too high?
JPMorgan Chase's current Scaled Net Operating Assets is 0.01. Overall, JPMorgan Chase has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does JPMorgan Chase's Scaled Net Operating Assets compare to BAC and WFC?
JPMorgan Chase's Scaled Net Operating Assets of 0.01 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 JPMorgan Chase and its competitors. JPMorgan Chase's current Scaled Net Operating Assets is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan Chase stock overvalued right now?
JPMorgan Chase (CHIX:CMCD) has a current Scaled Net Operating Assets of 0.01. The stock's GF Value™ is €220.79, compared to a current price of €261.00 — trading 18.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.01. JPMorgan Chase's overall GF Score™ is 77/100 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 JPMorgan Chase (CHIX:CMCD), the current Scaled Net Operating Assets is 0.01 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 JPMorgan Chase (CHIX:CMCD) Overvalued in 2026?

Based on GuruFocus' analysis, JPMorgan Chase stock appears to be overvalued. The current stock price of €261.00 is trading 18.2% above its estimated GF Value™ of €220.79.

Key valuation signals for CHIX:CMCD:

  • Scaled Net Operating Assets: 0.01
  • GF Value™: €220.79 vs. price of €261.00 (18.2% above fair value)
  • GF Score™: 77/100 with 9 warning signs

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

JPMorgan Chase Business Description

Address 270 Park Avenue, New York, NY, USA, 10017
JPMorgan is a leading global financial services firm with operations in 66 countries and over 318,000 employees as of year-end 2025. Under the JPMorgan brands, the bank holding company boasts a $4.9 trillion balance sheet and $2.68 trillion in deposits, as of March 2026. The firm generates its revenue across three core operating segments: consumer and community banking, the commercial and investment bank, and asset and wealth management. It maintains the top global ranking in investment banking fees with an 8.4% market share, serves millions of consumers through its network of over 5,000 US branches, and manages over $7.1 trillion in client assets within its wealth and asset management franchise.
77GF Score

Get the complete analysis for CHIX:CMCD

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

€261.00
Price
€220.79
GF Value