Ameriprise Financial (FRA:A4S) Scaled Net Operating Assets: -0.19 (As of Jun. 2026)

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FRA:A4S Ameriprise Financial Inc FRA:A4S
91 GF Score
Price €493.80
GF Value €504.18
Valuation Fairly Valued
! 5 Warning Signs
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What is Ameriprise Financial Scaled Net Operating Assets?

Ameriprise Financial FRA:A4S +1.02% 91 Scaled Net Operating Assets is -0.19 as of Jun. 2026. GuruFocus rates FRA:A4S with a GF Score™ of 91/100 and a GF Value™ of €504.18 (Fairly Valued). The stock has 5 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.

Ameriprise Financial's operating assets for the quarter that ended in Jun. 2026 was €130,549 Mil. Ameriprise Financial's operating liabilities for the quarter that ended in Jun. 2026 was €160,557 Mil. Ameriprise Financial's Total Assets for the quarter that ended in Mar. 2026 was €159,548 Mil. Therefore, Ameriprise Financial's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was -0.19.

FRA:A4S
91GF Score
Ameriprise Financial Inc FRA:A4S
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ameriprise 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.

Ameriprise 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 )
=(154404.054-152433.022)/173239.865
=0.01

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=163032.016 - 8627.962
=154404.054

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=157439.17 - 4835.348 - 170.8
=152433.022

Ameriprise Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(130548.936-160556.564)/159547.52
=-0.19

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=171752.028 - 41203.092
=130548.936

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=166226.34 - 5496.176 - 173.6
=160556.564

* 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 -0.19 mean?
Ameriprise Financial (FRA:A4S) has a Scaled Net Operating Assets of -0.19 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Ameriprise Financial and its competitors.
Is Ameriprise Financial's Scaled Net Operating Assets too high?
Ameriprise Financial's current Scaled Net Operating Assets is -0.19. Overall, Ameriprise Financial has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ameriprise Financial's Scaled Net Operating Assets compare to STT and RJF?
Ameriprise Financial's Scaled Net Operating Assets of -0.19 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Ameriprise Financial and its competitors. Ameriprise Financial's current Scaled Net Operating Assets is -0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ameriprise Financial stock overvalued right now?
Based on GuruFocus' analysis, Ameriprise Financial (FRA:A4S) is currently considered Fairly Valued. The stock's GF Value™ is €504.18, compared to a current price of €493.80 — trading 2.1% below its estimated fair value. The current Scaled Net Operating Assets is -0.19. Ameriprise Financial's overall GF Score™ is 91/100 with 5 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 Ameriprise Financial (FRA:A4S), the current Scaled Net Operating Assets is -0.19 as of Jun. 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 Ameriprise Financial (FRA:A4S) Overvalued in 2026?

Based on GuruFocus' analysis, Ameriprise Financial stock appears to be undervalued. The current stock price of €493.80 is trading 2.1% below its estimated GF Value™ of €504.18. GuruFocus considers Ameriprise Financial to be Fairly Valued.

Key valuation signals for FRA:A4S:

  • Scaled Net Operating Assets: -0.19
  • GF Value™: €504.18 vs. price of €493.80 (2.1% below fair value)
  • GF Score™: 91/100 with 5 warning signs

No single metric tells the full story. See the FRA:A4S stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ameriprise Financial Business Description

Address 1099 Ameriprise Financial Center, Minneapolis, MN, USA, 55474
Ameriprise Financial has evolved into a diversified financial services provider that generates roughly 65% of its operating profit from advice and wealth management. With nearly $1.2 trillion in segment assets under management and advisory at year-end 2025, and with roughly 10,600 affiliated and employee advisors, Ameriprise is one of the larger US-based wealth managers. It also boasts a reasonably large asset management franchise in Columbia Threadneedle, which boasted $678 billion in assets under management at year-end 2025. The firm's third segment is its retirement and protection services business, which sells insurance products to the firm's advisory clients. After eliminations, Ameriprise had $1.69 trillion in assets under management and advisory across segments at year-end 2025.
91GF 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.

€493.80
Price
€504.18
GF Value