Cass Information Systems (FRA:CC3) Scaled Net Operating Assets: -0.25 (As of Mar. 2026)


FRA:CC3 Cass Information Systems Inc FRA:CC3
61 GF Score
Price €45.20
GF Value €42.21
! 6 Warning Signs
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What is Cass Information Systems Scaled Net Operating Assets?

Cass Information Systems FRA:CC3 +1.35% 61 Scaled Net Operating Assets is -0.25 as of Mar. 2026. GuruFocus rates FRA:CC3 with a GF Score™ of 61/100 and a GF Value™ of €42.21. The stock has 6 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.

Cass Information Systems's operating assets for the quarter that ended in Mar. 2026 was €1,301.1 Mil. Cass Information Systems's operating liabilities for the quarter that ended in Mar. 2026 was €1,857.2 Mil. Cass Information Systems's Total Assets for the quarter that ended in Dec. 2025 was €2,225.5 Mil. Therefore, Cass Information Systems's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.25.

FRA:CC3
61GF Score
Cass Information Systems Inc FRA:CC3
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Cass Information Systems 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.

Cass Information Systems'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 )
=(1890.547-2018.024)/2287.302
=-0.06

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2225.544 - 334.997
=1890.547

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2018.024 - 0 - 0
=2018.024

Cass Information Systems'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 )
=(1301.05-1857.154)/2225.544
=-0.25

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2191.729 - 890.679
=1301.05

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1982.579 - 0 - 125.425
=1857.154

* 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 -0.25 mean?
Cass Information Systems (FRA:CC3) has a Scaled Net Operating Assets of -0.25 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 Cass Information Systems and its competitors.
Is Cass Information Systems' Scaled Net Operating Assets too high?
Cass Information Systems' current Scaled Net Operating Assets is -0.25. Overall, Cass Information Systems has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Cass Information Systems' Scaled Net Operating Assets compare to SPIR and TRNS?
Cass Information Systems' Scaled Net Operating Assets of -0.25 can be compared against companies in the Business Services 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 Business Services company?
A good Scaled Net Operating Assets depends on the Business Services 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 Cass Information Systems and its competitors. Cass Information Systems's current Scaled Net Operating Assets is -0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cass Information Systems stock overvalued right now?
Cass Information Systems (FRA:CC3) has a current Scaled Net Operating Assets of -0.25. The stock's GF Value™ is €42.21, compared to a current price of €45.20 — trading 7.1% above its estimated fair value. The current Scaled Net Operating Assets is -0.25. Cass Information Systems' overall GF Score™ is 61/100 with 6 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 Cass Information Systems (FRA:CC3), the current Scaled Net Operating Assets is -0.25 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 Cass Information Systems (FRA:CC3) Overvalued in 2026?

Based on GuruFocus' analysis, Cass Information Systems stock appears to be overvalued. The current stock price of €45.20 is trading 7.1% above its estimated GF Value™ of €42.21.

Key valuation signals for FRA:CC3:

  • Scaled Net Operating Assets: -0.25
  • GF Value™: €42.21 vs. price of €45.20 (7.1% above fair value)
  • GF Score™: 61/100 with 6 warning signs

No single metric tells the full story. See the FRA:CC3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Cass Information Systems Business Description

Other Exchanges CASS:USA
Address 12444 Powerscourt Drive, Suite 550, St. Louis, MO, USA, 63131
Cass Information Systems Inc is a provider of payment and information processing services to large manufacturing, distribution, and retail enterprises across the United States. The company provides transportation invoice rating, payment processing, auditing, accounting, and transportation information. It is also a processor and payer of energy invoices, including electricity, gas, waste, and other facility-related expenses. Additionally, the firm has a banking subsidiary, offering banking services mainly to privately held businesses in the St. Louis metropolitan area and restaurant franchises and faith-based ministries within the United States. The company operates in two reportable segments: Information Services, which generates the maximum revenue, and Banking Services.
61GF 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.

€45.20
Price
€42.21
GF Value