Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
DeFi Technologies's operating assets for the quarter that ended in Mar. 2026 was €423.43 Mil. DeFi Technologies's operating liabilities for the quarter that ended in Mar. 2026 was €410.94 Mil. DeFi Technologies's Total Assets for the quarter that ended in Dec. 2025 was €704.18 Mil. Therefore, DeFi Technologies's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.02.
DeFi Technologies Scaled Net Operating Assets Related Terms
DeFi Technologies Scaled Net Operating Assets Historical Data
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The historical data trend for DeFi Technologies's Scaled Net Operating Assets can be seen below:
* 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.
DeFi Technologies Scaled Net Operating Assets Chart
FRA:R9B vs MS, GS, SCHW: Scaled Net Operating Assets Comparison
For the Capital Markets subindustry, DeFi Technologies's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
DeFi Technologies Scaled Net Operating Assets vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, DeFi Technologies's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where DeFi Technologies's Scaled Net Operating Assets falls into.
* 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 0.02 mean?
DeFi Technologies (FRA:R9B) has a Scaled Net Operating Assets of 0.02 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 DeFi Technologies and its competitors.
Is DeFi Technologies' Scaled Net Operating Assets too high?
DeFi Technologies' current Scaled Net Operating Assets is 0.02. Overall, DeFi Technologies has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DeFi Technologies' Scaled Net Operating Assets compare to MS and GS?
DeFi Technologies' Scaled Net Operating Assets of 0.02 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 DeFi Technologies and its competitors. DeFi Technologies's current Scaled Net Operating Assets is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DeFi Technologies stock overvalued right now?
Based on GuruFocus' analysis, DeFi Technologies (FRA:R9B) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.41, compared to a current price of €0.46 — trading 12.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.02. DeFi Technologies' overall GF Score™ is 50/100 with 9 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 DeFi Technologies (FRA:R9B), the current Scaled Net Operating Assets is 0.02 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 DeFi Technologies (FRA:R9B) Overvalued in 2026?
Based on GuruFocus' analysis, DeFi Technologies stock appears to be overvalued.
The current stock price of €0.46 is trading 12.5% above its estimated GF Value™ of €0.41.
GuruFocus considers DeFi Technologies to be Modestly Overvalued.
Key valuation signals for FRA:R9B:
Scaled Net Operating Assets: 0.02
GF Value™: €0.41 vs. price of €0.46 (12.5% above fair value)
No single metric tells the full story. See the FRA:R9B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DeFi Technologies Inc is a Canadian technology company bridging the gap between traditional capital markets and decentralized finance. The Company generates revenues through the issuance of exchange-traded products that synthetically track the value of a single DeFi protocol, investments in various companies and protocols across the decentralized finance ecosystem to build a diversified portfolio of decentralized finance assets, providing premium membership for research reports to investors and offering node management of decentralized protocols to support governance, security and transaction validation.
50GF Score
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