BOC Hong Kong Holdings (HAM:BOF) Scaled Net Operating Assets: -0.05 (As of Dec. 2025)


HAM:BOF BOC Hong Kong Holdings Ltd HAM:BOF
73 GF Score
Price €5.06
GF Value €3.46
Valuation Significantly Overvalued
! 6 Warning Signs
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What is BOC Hong Kong Holdings Scaled Net Operating Assets?

BOC Hong Kong Holdings HAM:BOF -2.24% 73 Scaled Net Operating Assets is -0.05 as of Dec. 2025. GuruFocus rates HAM:BOF with a GF Score™ of 73/100 and a GF Value™ of €3.46 (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.

BOC Hong Kong Holdings's operating assets for the quarter that ended in Dec. 2025 was €418,361 Mil. BOC Hong Kong Holdings's operating liabilities for the quarter that ended in Dec. 2025 was €443,171 Mil. BOC Hong Kong Holdings's Total Assets for the quarter that ended in Jun. 2025 was €486,029 Mil. Therefore, BOC Hong Kong Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.05.

HAM:BOF
73GF Score
BOC Hong Kong Holdings Ltd HAM:BOF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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BOC Hong Kong 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.

BOC Hong Kong Holdings'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 )
=(418361.108-443170.77)/515303.424
=-0.05

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=492789.544 - 74428.436
=418361.108

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=452895.491 - 9724.721 - 0
=443170.77

BOC Hong Kong Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(418361.108-443170.77)/486028.804
=-0.05

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=492789.544 - 74428.436
=418361.108

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=452895.491 - 9724.721 - 0
=443170.77

* 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 -0.05 mean?
BOC Hong Kong Holdings (HAM:BOF) has a Scaled Net Operating Assets of -0.05 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on BOC Hong Kong Holdings and its competitors.
Is BOC Hong Kong Holdings' Scaled Net Operating Assets too high?
BOC Hong Kong Holdings' current Scaled Net Operating Assets is -0.05. Overall, BOC Hong Kong Holdings has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BOC Hong Kong Holdings' Scaled Net Operating Assets compare to competitors?
BOC Hong Kong Holdings' Scaled Net Operating Assets of -0.05 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 BOC Hong Kong Holdings and its competitors. BOC Hong Kong Holdings's current Scaled Net Operating Assets is -0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOC Hong Kong Holdings stock overvalued right now?
Based on GuruFocus' analysis, BOC Hong Kong Holdings (HAM:BOF) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.46, compared to a current price of €5.06 — trading 46.4% above its estimated fair value. The current Scaled Net Operating Assets is -0.05. BOC Hong Kong Holdings' overall GF Score™ is 73/100 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 BOC Hong Kong Holdings (HAM:BOF), the current Scaled Net Operating Assets is -0.05 as of Dec. 2025. 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 BOC Hong Kong Holdings (HAM:BOF) Overvalued in 2026?

Based on GuruFocus' analysis, BOC Hong Kong Holdings stock appears to be overvalued. The current stock price of €5.06 is trading 46.4% above its estimated GF Value™ of €3.46. GuruFocus considers BOC Hong Kong Holdings to be Significantly Overvalued.

Key valuation signals for HAM:BOF:

  • Scaled Net Operating Assets: -0.05
  • GF Value™: €3.46 vs. price of €5.06 (46.4% above fair value)
  • GF Score™: 73/100 with 6 warning signs

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

BOC Hong Kong Holdings Business Description

Address 1 Garden Road, 53rd Floor, Bank of China Tower, Hong Kong, HKG
BOC Hong Kong is a subsidiary of Bank of China. It is the second-largest bank in Hong Kong in terms of loan and deposit market shares. Although BOC Hong Kong is legally separate from its parent, it maintains close relationships with it in management, administration, and business relations. The two companies also cooperate in several areas, including the reselling of Bank of China's insurance and securities services. Bank of China holds a 66% stake in BOC Hong Kong.
73GF 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.

€5.06
Price
€3.46
GF Value