Provident Financial Services (FRA:PQ3) Scaled Net Operating Assets: 0.21 (As of Mar. 2026)


FRA:PQ3 Provident Financial Services Inc FRA:PQ3
55 GF Score
Price €20.40
GF Value €15.98
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Provident Financial Services Scaled Net Operating Assets?

Provident Financial Services FRA:PQ3 +0.99% 55 Scaled Net Operating Assets is 0.21 as of Mar. 2026. GuruFocus rates FRA:PQ3 with a GF Score™ of 55/100 and a GF Value™ of €15.98 (Modestly Overvalued). The stock has 8 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.

Provident Financial Services's operating assets for the quarter that ended in Mar. 2026 was €21,486.5 Mil. Provident Financial Services's operating liabilities for the quarter that ended in Mar. 2026 was €16,904.8 Mil. Provident Financial Services's Total Assets for the quarter that ended in Dec. 2025 was €21,333.5 Mil. Therefore, Provident Financial Services's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.21.

FRA:PQ3
55GF Score
Provident Financial Services Inc FRA:PQ3
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Provident Financial Services 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.

Provident Financial Services'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 )
=(21152.919-16844.268)/22969.493
=0.19

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=21333.526 - 180.607
=21152.919

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18913.963 - 2069.695 - 0
=16844.268

Provident Financial Services'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 )
=(21486.489-16904.829)/21333.526
=0.21

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=21799.462 - 312.973
=21486.489

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19323.08 - 2418.251 - 0
=16904.829

* 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 0.21 mean?
Provident Financial Services (FRA:PQ3) has a Scaled Net Operating Assets of 0.21 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 Provident Financial Services and its competitors.
Is Provident Financial Services' Scaled Net Operating Assets too high?
Provident Financial Services' current Scaled Net Operating Assets is 0.21. Overall, Provident Financial Services has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Provident Financial Services' Scaled Net Operating Assets compare to BANC and BOH?
Provident Financial Services' Scaled Net Operating Assets of 0.21 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 Provident Financial Services and its competitors. Provident Financial Services's current Scaled Net Operating Assets is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Provident Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Provident Financial Services (FRA:PQ3) is currently considered Modestly Overvalued. The stock's GF Value™ is €15.98, compared to a current price of €20.40 — trading 27.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.21. Provident Financial Services' overall GF Score™ is 55/100 with 8 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 Provident Financial Services (FRA:PQ3), the current Scaled Net Operating Assets is 0.21 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 Provident Financial Services (FRA:PQ3) Overvalued in 2026?

Based on GuruFocus' analysis, Provident Financial Services stock appears to be overvalued. The current stock price of €20.40 is trading 27.7% above its estimated GF Value™ of €15.98. GuruFocus considers Provident Financial Services to be Modestly Overvalued.

Key valuation signals for FRA:PQ3:

  • Scaled Net Operating Assets: 0.21
  • GF Value™: €15.98 vs. price of €20.40 (27.7% above fair value)
  • GF Score™: 55/100 with 8 warning signs

No single metric tells the full story. See the FRA:PQ3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Provident Financial Services Business Description

Other Exchanges PFS:USA
Address 239 Washington Street, Jersey, NJ, USA, 07302
Provident Financial Services Inc is the holding company for The Provident Bank, a community-oriented bank. The company's operations are solely in the financial services industry and include providing traditional banking and other financial services to its customers. The company operates in the geographical regions of northern and central New Jersey, Queens and Nassau Counties in New York and eastern Pennsylvania. The company has a single reporting segment for financial reporting purposes. The majority of the revenue-generating activities that are components of non-interest income. These revenue streams can generally be classified into three broad categories: wealth management revenue, insurance agency income, and banking service charges and other fees.
55GF 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.

€20.40
Price
€15.98
GF Value