Resona Holdings (FRA:DW1) Scaled Net Operating Assets: -0.08 (As of Mar. 2026)


FRA:DW1 Resona Holdings Inc FRA:DW1
65 GF Score
Price €11.70
GF Value €7.31
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Resona Holdings Scaled Net Operating Assets?

Resona Holdings FRA:DW1 +4.46% 65 Scaled Net Operating Assets is -0.08 as of Mar. 2026. GuruFocus rates FRA:DW1 with a GF Score™ of 65/100 and a GF Value™ of €7.31 (Significantly Overvalued). 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.

Resona Holdings's operating assets for the quarter that ended in Mar. 2026 was €340,763 Mil. Resona Holdings's operating liabilities for the quarter that ended in Mar. 2026 was €372,910 Mil. Resona Holdings's Total Assets for the quarter that ended in Dec. 2025 was €424,922 Mil. Therefore, Resona Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.08.

FRA:DW1
65GF Score
Resona Holdings Inc FRA:DW1
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Resona Holdings 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.

Resona Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(340763.127-372910.364)/480136.57
=-0.07

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=415909.715 - 75146.588
=340763.127

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=399946.834 - 27036.47 - 0
=372910.364

Resona Holdings'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 )
=(340763.127-372910.364)/424922.416
=-0.08

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=415909.715 - 75146.588
=340763.127

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=399946.834 - 27036.47 - 0
=372910.364

* 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 -0.08 mean?
Resona Holdings (FRA:DW1) has a Scaled Net Operating Assets of -0.08 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 Resona Holdings and its competitors.
Is Resona Holdings' Scaled Net Operating Assets too high?
Resona Holdings' current Scaled Net Operating Assets is -0.08. Overall, Resona Holdings has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Resona Holdings' Scaled Net Operating Assets compare to competitors?
Resona Holdings' Scaled Net Operating Assets of -0.08 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 Resona Holdings and its competitors. Resona Holdings's current Scaled Net Operating Assets is -0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resona Holdings stock overvalued right now?
Based on GuruFocus' analysis, Resona Holdings (FRA:DW1) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.31, compared to a current price of €11.70 — trading 60.1% above its estimated fair value. The current Scaled Net Operating Assets is -0.08. Resona Holdings' overall GF Score™ is 65/100 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 Resona Holdings (FRA:DW1), the current Scaled Net Operating Assets is -0.08 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 Resona Holdings (FRA:DW1) Overvalued in 2026?

Based on GuruFocus' analysis, Resona Holdings stock appears to be overvalued. The current stock price of €11.70 is trading 60.1% above its estimated GF Value™ of €7.31. GuruFocus considers Resona Holdings to be Significantly Overvalued.

Key valuation signals for FRA:DW1:

  • Scaled Net Operating Assets: -0.08
  • GF Value™: €7.31 vs. price of €11.70 (60.1% above fair value)
  • GF Score™: 65/100 with 6 warning signs

No single metric tells the full story. See the FRA:DW1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Resona Holdings Business Description

Address 1-5-65 Kiba, Fukagawa Gatharia W2 Building, Koto-ku, Tokyo, JPN, 135-8582
Resona Holdings is one of the top six Japanese banking groups by assets. Although its banking units are categorized in Japan as "city" banks for historical reasons, it is only around a third of the size of the three megabank groups and effectively a superregional bank operating mainly in the Kansai region (54% of its branches) and the Tokyo metropolitan area (43% of branches), with a strong focus on retail and small and medium-size enterprises, rather than lending to large corporates.
65GF 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.

€11.70
Price
€7.31
GF Value