Tryg AS (CHIX:TRYGC) Scaled Net Operating Assets: 0.42 (As of Mar. 2026)


CHIX:TRYGC Tryg AS CHIX:TRYGC
73 GF Score
Price kr147.75
GF Value kr161.24
Valuation Fairly Valued
! 2 Warning Signs
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What is Tryg AS Scaled Net Operating Assets?

Tryg AS CHIX:TRYGC 73 Scaled Net Operating Assets is 0.42 as of Mar. 2026. GuruFocus rates CHIX:TRYGC with a GF Score™ of 73/100 and a GF Value™ of kr161.24 (Fairly Valued). 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.

Tryg AS's operating assets for the quarter that ended in Mar. 2026 was kr100,266 Mil. Tryg AS's operating liabilities for the quarter that ended in Mar. 2026 was kr56,998 Mil. Tryg AS's Total Assets for the quarter that ended in Dec. 2025 was kr103,665 Mil. Therefore, Tryg AS's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.42.

CHIX:TRYGC
73GF Score
Tryg AS CHIX:TRYGC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Tryg AS 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.

Tryg AS'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 )
=(100801-58408)/104376
=0.41

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=103665 - 2864
=100801

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=64046 - 5638 - 0
=58408

Tryg AS'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 )
=(100266-56998)/103665
=0.42

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=103532 - 3266
=100266

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=65189 - 8191 - 0
=56998

* 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 0.42 mean?
Tryg AS (CHIX:TRYGC) has a Scaled Net Operating Assets of 0.42 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 Tryg AS and its competitors.
Is Tryg AS's Scaled Net Operating Assets too high?
Tryg AS's current Scaled Net Operating Assets is 0.42. Overall, Tryg AS has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tryg AS's Scaled Net Operating Assets compare to BRK.A and AIG?
Tryg AS's Scaled Net Operating Assets of 0.42 can be compared against companies in the Insurance 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 an Insurance company?
A good Scaled Net Operating Assets depends on the Insurance 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 Tryg AS and its competitors. Tryg AS's current Scaled Net Operating Assets is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tryg AS stock overvalued right now?
Based on GuruFocus' analysis, Tryg AS (CHIX:TRYGC) is currently considered Fairly Valued. The stock's GF Value™ is kr161.24, compared to a current price of kr147.75 — trading 8.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.42. Tryg AS's overall GF Score™ is 73/100 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 Tryg AS (CHIX:TRYGC), the current Scaled Net Operating Assets is 0.42 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 Tryg AS (CHIX:TRYGC) Overvalued in 2026?

Based on GuruFocus' analysis, Tryg AS stock appears to be undervalued. The current stock price of kr147.75 is trading 8.4% below its estimated GF Value™ of kr161.24. GuruFocus considers Tryg AS to be Fairly Valued.

Key valuation signals for CHIX:TRYGC:

  • Scaled Net Operating Assets: 0.42
  • GF Value™: kr161.24 vs. price of kr147.75 (8.4% below fair value)
  • GF Score™: 73/100 with 2 warning signs

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

Tryg AS Business Description

Address Klausdalsbrovej 601, Ballerup, DNK, 2750
For a long period of time Tryg was focussed purely on the Danish market, but over the last two decades the company has built its presence in Scandinavia more broadly. So, while this nonlife insurer derives close to 50% of its revenue from Denmark, it derives another 30% from Sweden and close to 20% from Norway. Comprehensive motor, third-party, accident, and health are Tryg's largest lines of business. Tryg insures both companies and private individuals, though private individuals make up close to two-thirds of revenue. In June 2021 Tryg acquired the Scandinavian operations of Royal Sun Alliance. The acquisition provided Tryg with a significant step forward in Sweden, introducing DKK 8 billion of insurance revenue and DKK 1 billion in Norway.
73GF Score

Get the complete analysis for CHIX:TRYGC

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

kr147.75
Price
kr161.24
GF Value