German American Bancorp (FRA:GAB) Scaled Net Operating Assets: 0.15 (As of Mar. 2026)


FRA:GAB German American Bancorp Inc FRA:GAB
62 GF Score
Price €39.80
GF Value €36.72
Valuation Fairly Valued
! 3 Warning Signs
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What is German American Bancorp Scaled Net Operating Assets?

German American Bancorp FRA:GAB -7.87% 62 Scaled Net Operating Assets is 0.15 as of Mar. 2026. GuruFocus rates FRA:GAB with a GF Score™ of 62/100 and a GF Value™ of €36.72 (Fairly Valued). The stock has 3 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.

German American Bancorp's operating assets for the quarter that ended in Mar. 2026 was €7,143.2 Mil. German American Bancorp's operating liabilities for the quarter that ended in Mar. 2026 was €6,088.4 Mil. German American Bancorp's Total Assets for the quarter that ended in Dec. 2025 was €7,164.0 Mil. Therefore, German American Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.15.

FRA:GAB
62GF Score
German American Bancorp Inc FRA:GAB
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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German American Bancorp 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.

German American Bancorp'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 )
=(7102.591-6052.831)/6012.594
=0.17

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=7164.018 - 61.427
=7102.591

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6171.393 - 118.562 - 0
=6052.831

German American Bancorp'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 )
=(7143.197-6088.42)/7164.018
=0.15

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=7250.826 - 107.629
=7143.197

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6234.808 - 146.388 - 0
=6088.42

* 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 0.15 mean?
German American Bancorp (FRA:GAB) has a Scaled Net Operating Assets of 0.15 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 German American Bancorp and its competitors.
Is German American Bancorp's Scaled Net Operating Assets too high?
German American Bancorp's current Scaled Net Operating Assets is 0.15. Overall, German American Bancorp has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does German American Bancorp's Scaled Net Operating Assets compare to FSUN and DCOM?
German American Bancorp's Scaled Net Operating Assets of 0.15 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 German American Bancorp and its competitors. German American Bancorp's current Scaled Net Operating Assets is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is German American Bancorp stock overvalued right now?
Based on GuruFocus' analysis, German American Bancorp (FRA:GAB) is currently considered Fairly Valued. The stock's GF Value™ is €36.72, compared to a current price of €39.80 — trading 8.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.15. German American Bancorp's overall GF Score™ is 62/100 with 3 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 German American Bancorp (FRA:GAB), the current Scaled Net Operating Assets is 0.15 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 German American Bancorp (FRA:GAB) Overvalued in 2026?

Based on GuruFocus' analysis, German American Bancorp stock appears to be overvalued. The current stock price of €39.80 is trading 8.4% above its estimated GF Value™ of €36.72. GuruFocus considers German American Bancorp to be Fairly Valued.

Key valuation signals for FRA:GAB:

  • Scaled Net Operating Assets: 0.15
  • GF Value™: €36.72 vs. price of €39.80 (8.4% above fair value)
  • GF Score™: 62/100 with 3 warning signs

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

German American Bancorp Business Description

Other Exchanges GABC:USA
Address 711 Main Street, P.O. Box 810, Jasper, IN, USA, 47546
German American Bancorp Inc is a bank holding company. The lines of business include the core banking segment and the wealth management segment. The core banking segment involves attracting deposits from the general public and using those funds to originate consumer, commercial, and agricultural real estate, and residential mortgage loans. These core banking activities also include the sale of residential mortgage loans in the secondary market. Wealth management services, which involve providing trust, investment advisory, brokerage, and retirement planning services to customers. The company generates the majority of its revenue from the core banking segment.
62GF 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.

€39.80
Price
€36.72
GF Value