Stifel Financial (FRA:2SI) Scaled Net Operating Assets: 0.10 (As of Mar. 2026)

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FRA:2SI Stifel Financial Corp FRA:2SI
80 GF Score
Price €68.00
GF Value €65.45
! 1 Warning Sign
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What is Stifel Financial Scaled Net Operating Assets?

Stifel Financial FRA:2SI +0.74% 80 Scaled Net Operating Assets is 0.10 as of Mar. 2026. GuruFocus rates FRA:2SI with a GF Score™ of 80/100 and a GF Value™ of €65.45. The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Stifel Financial's operating assets for the quarter that ended in Mar. 2026 was €34,196 Mil. Stifel Financial's operating liabilities for the quarter that ended in Mar. 2026 was €30,612 Mil. Stifel Financial's Total Assets for the quarter that ended in Dec. 2025 was €35,245 Mil. Therefore, Stifel Financial's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.10.

FRA:2SI
80GF Score
Stifel Financial Corp FRA:2SI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Stifel Financial 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.

Stifel Financial'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 )
=(33051.023-28835.415)/38100.241
=0.11

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=35245.248 - 2194.225
=33051.023

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30140.619 - 1305.204 - 0
=28835.415

Stifel Financial'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 )
=(34196.465-30612.321)/35245.248
=0.10

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=37102.576 - 2906.111
=34196.465

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=31928.595 - 1316.274 - 0
=30612.321

* 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 0.10 mean?
Stifel Financial (FRA:2SI) has a Scaled Net Operating Assets of 0.10 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 Stifel Financial and its competitors.
Is Stifel Financial's Scaled Net Operating Assets too high?
Stifel Financial's current Scaled Net Operating Assets is 0.10. Overall, Stifel Financial has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Stifel Financial's Scaled Net Operating Assets compare to SNEX and RIOT?
Stifel Financial's Scaled Net Operating Assets of 0.10 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 Stifel Financial and its competitors. Stifel Financial's current Scaled Net Operating Assets is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stifel Financial stock overvalued right now?
Stifel Financial (FRA:2SI) has a current Scaled Net Operating Assets of 0.10. The stock's GF Value™ is €65.45, compared to a current price of €68.00 — trading 3.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.10. Stifel Financial's overall GF Score™ is 80/100 with 1 warning sign 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 Stifel Financial (FRA:2SI), the current Scaled Net Operating Assets is 0.10 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 Stifel Financial (FRA:2SI) Overvalued in 2026?

Based on GuruFocus' analysis, Stifel Financial stock appears to be overvalued. The current stock price of €68.00 is trading 3.9% above its estimated GF Value™ of €65.45.

Key valuation signals for FRA:2SI:

  • Scaled Net Operating Assets: 0.10
  • GF Value™: €65.45 vs. price of €68.00 (3.9% above fair value)
  • GF Score™: 80/100 with 1 warning sign

No single metric tells the full story. See the FRA:2SI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Stifel Financial Business Description

Address 501 North Broadway, One Financial Plaza, Saint Louis, MO, USA, 63102-2188
Stifel Financial is a diversified financial-services provider that generates revenue from wealth management, investment banking, and lending. The firm was founded in 1890 as a St. Louis-based full-service brokerage but has been transformed under CEO Ronald Kruszewski through a slew of acquisitions into a globally competitive wealth manager, investment bank, and retail and institutional brokerage. The firm generated $5.5 billion in revenue in 2025, with roughly two-thirds derived from wealth management and one-third derived from trading and investment banking.
80GF Score

Get the complete analysis for FRA:2SI

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

€68.00
Price
€65.45
GF Value