Grupo Financiero BanorteB de CV (FRA:4FN) Scaled Net Operating Assets: 0.13 (As of Mar. 2026)


FRA:4FN Grupo Financiero Banorte SAB de CV FRA:4FN
76 GF Score
Price €9.10
GF Value €8.29
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Grupo Financiero BanorteB de CV Scaled Net Operating Assets?

Grupo Financiero BanorteB de CV FRA:4FN +2.25% 76 Scaled Net Operating Assets is 0.13 as of Mar. 2026. GuruFocus rates FRA:4FN with a GF Score™ of 76/100 and a GF Value™ of €8.29 (Modestly Overvalued). The stock has 4 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.

Grupo Financiero BanorteB de CV's operating assets for the quarter that ended in Mar. 2026 was €122,116 Mil. Grupo Financiero BanorteB de CV's operating liabilities for the quarter that ended in Mar. 2026 was €106,498 Mil. Grupo Financiero BanorteB de CV's Total Assets for the quarter that ended in Dec. 2025 was €123,253 Mil. Therefore, Grupo Financiero BanorteB de CV's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.13.

FRA:4FN
76GF Score
Grupo Financiero Banorte SAB de CV FRA:4FN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Grupo Financiero BanorteB de CV 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.

Grupo Financiero BanorteB de CV'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 )
=(118496.158-104012.303)/113158.733
=0.13

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=123253.092 - 4756.934
=118496.158

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=111290.775 - 7278.472 - 0
=104012.303

Grupo Financiero BanorteB de CV'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 )
=(122115.992-106498.228)/123253.092
=0.13

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=126440.357 - 4324.365
=122115.992

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=113756.021 - 7257.793 - 0
=106498.228

* 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?
Grupo Financiero BanorteB de CV (FRA:4FN) has a Scaled Net Operating Assets of 0.13 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 Grupo Financiero BanorteB de CV and its competitors.
Is Grupo Financiero BanorteB de CV's Scaled Net Operating Assets too high?
Grupo Financiero BanorteB de CV's current Scaled Net Operating Assets is 0.13. Overall, Grupo Financiero BanorteB de CV has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grupo Financiero BanorteB de CV's Scaled Net Operating Assets compare to PNC and USB?
Grupo Financiero BanorteB de CV'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 Grupo Financiero BanorteB de CV and its competitors. Grupo Financiero BanorteB de CV'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 Grupo Financiero BanorteB de CV stock overvalued right now?
Based on GuruFocus' analysis, Grupo Financiero BanorteB de CV (FRA:4FN) is currently considered Modestly Overvalued. The stock's GF Value™ is €8.29, compared to a current price of €9.10 — trading 9.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.13. Grupo Financiero BanorteB de CV's overall GF Score™ is 76/100 with 4 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 Grupo Financiero BanorteB de CV (FRA:4FN), the current Scaled Net Operating Assets is 0.13 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 Grupo Financiero BanorteB de CV (FRA:4FN) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo Financiero BanorteB de CV stock appears to be overvalued. The current stock price of €9.10 is trading 9.8% above its estimated GF Value™ of €8.29. GuruFocus considers Grupo Financiero BanorteB de CV to be Modestly Overvalued.

Key valuation signals for FRA:4FN:

  • Scaled Net Operating Assets: 0.13
  • GF Value™: €8.29 vs. price of €9.10 (9.8% above fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the FRA:4FN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Grupo Financiero BanorteB de CV Business Description

Address Avenue Prolongacion Reforma 1230, Col. Cruz Manca Santa Fe, Delegacion Cuajimalpa, Mexico, MEX, MEX, 05349
Grupo Financiero Banorte SAB de CV main activity are the execution of financial operations such as the provision of services of commercial banking, brokerage, leasing, financial factoring, warehousing services in general, pensions, life and damage insurance, as well as disposal, management, collection and negotiation, in any form, with credit rights. Its business segments are Retail Banking, SME Banking, Wholesale Banking, Middle-market and Corporate Banking, Transactional Banking, Government Banking, International Banking, etc.
76GF Score

Get the complete analysis for FRA:4FN

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

€9.10
Price
€8.29
GF Value