Norion Bank AB (FRA:FN1) Scaled Net Operating Assets: 0.20 (As of Mar. 2026)


FRA:FN1 Norion Bank AB FRA:FN1
50 GF Score
Price €5.42
GF Value €4.02
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Norion Bank AB Scaled Net Operating Assets?

Norion Bank AB FRA:FN1 -0.91% 50 Scaled Net Operating Assets is 0.20 as of Mar. 2026. GuruFocus rates FRA:FN1 with a GF Score™ of 50/100 and a GF Value™ of €4.02 (Significantly 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.

Norion Bank AB's operating assets for the quarter that ended in Mar. 2026 was €6,356.5 Mil. Norion Bank AB's operating liabilities for the quarter that ended in Mar. 2026 was €5,140.2 Mil. Norion Bank AB's Total Assets for the quarter that ended in Dec. 2025 was €6,205.2 Mil. Therefore, Norion Bank AB's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.20.

FRA:FN1
50GF Score
Norion Bank AB FRA:FN1
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norion Bank AB 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.

Norion Bank AB'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 )
=(5768.715-5017.405)/5842.67
=0.13

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=6205.203 - 436.488
=5768.715

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5288.395 - 270.99 - 0
=5017.405

Norion Bank AB'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 )
=(6356.504-5140.22)/6205.203
=0.20

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=6356.504 - 0
=6356.504

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5403.14 - 262.92 - 0
=5140.22

* 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 0.20 mean?
Norion Bank AB (FRA:FN1) has a Scaled Net Operating Assets of 0.20 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 Norion Bank AB and its competitors.
Is Norion Bank AB's Scaled Net Operating Assets too high?
Norion Bank AB's current Scaled Net Operating Assets is 0.20. Overall, Norion Bank AB has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norion Bank AB's Scaled Net Operating Assets compare to PNC and USB?
Norion Bank AB's Scaled Net Operating Assets of 0.20 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 Norion Bank AB and its competitors. Norion Bank AB's current Scaled Net Operating Assets is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norion Bank AB stock overvalued right now?
Based on GuruFocus' analysis, Norion Bank AB (FRA:FN1) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.02, compared to a current price of €5.42 — trading 34.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.20. Norion Bank AB's overall GF Score™ is 50/100 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 Norion Bank AB (FRA:FN1), the current Scaled Net Operating Assets is 0.20 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 Norion Bank AB (FRA:FN1) Overvalued in 2026?

Based on GuruFocus' analysis, Norion Bank AB stock appears to be overvalued. The current stock price of €5.42 is trading 34.8% above its estimated GF Value™ of €4.02. GuruFocus considers Norion Bank AB to be Significantly Overvalued.

Key valuation signals for FRA:FN1:

  • Scaled Net Operating Assets: 0.20
  • GF Value™: €4.02 vs. price of €5.42 (34.8% above fair value)
  • GF Score™: 50/100 with 4 warning signs

No single metric tells the full story. See the FRA:FN1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Norion Bank AB Business Description

Other Exchanges NORION:SwedenNORIOs:UK
Address Lilla Bommens Torg 11, Goteborg, SWE, 411 09
Norion Bank AB specializes in financing solutions for corporate and private individuals, with particular focus on small and medium-sized companies. The main business is conducted through four segments namely Corporate, Real estate, Consumer and Payments. The Corporate segment includes corporate loans and factoring directed mainly at small and medium-sized companies in a wide range of industries in Sweden, Norway and Finland. The Real estate segment comprises real estate loans focusing on metropolitan areas and university cities in the Nordic region and the Consumer segment offers unsecured loans to private individuals The Payments segment offers payment and checkout solutions for e-commerce and retail chains.
50GF Score

Get the complete analysis for FRA:FN1

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

€5.42
Price
€4.02
GF Value