RMB Holdings (JSE:RMH) Scaled Net Operating Assets: 0.83 (As of Mar. 2026)


JSE:RMH RMB Holdings Ltd JSE:RMH
34 GF Score
Price R0.48
! 3 Warning Signs
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What is RMB Holdings Scaled Net Operating Assets?

RMB Holdings JSE:RMH -2.04% 34 Scaled Net Operating Assets is 0.83 as of Mar. 2026. GuruFocus rates JSE:RMH with a GF Score™ of 34/100. 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.

RMB Holdings's operating assets for the quarter that ended in Mar. 2026 was R644.00 Mil. RMB Holdings's operating liabilities for the quarter that ended in Mar. 2026 was R46.00 Mil. RMB Holdings's Total Assets for the quarter that ended in Sep. 2025 was R720.00 Mil. Therefore, RMB Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.83.

JSE:RMH
34GF Score
RMB Holdings Ltd JSE:RMH
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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RMB 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.

RMB Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2025 )
=(Operating Assets (A: Sep. 2025 )-Operating Liabilities (A: Sep. 2025 ))/Total Assets (A: Sep. 2024 )
=(694-58)/962
=0.66

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=720 - 26
=694

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=58 - 0 - 0
=58

RMB Holdings'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: Sep. 2025 )
=(644-46)/720
=0.83

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=654 - 10
=644

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=46 - 0 - 0
=46

* 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 0.83 mean?
RMB Holdings (JSE:RMH) has a Scaled Net Operating Assets of 0.83 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 RMB Holdings and its competitors.
Is RMB Holdings' Scaled Net Operating Assets too high?
RMB Holdings' current Scaled Net Operating Assets is 0.83. Overall, RMB Holdings has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does RMB Holdings' Scaled Net Operating Assets compare to PNC and USB?
RMB Holdings' Scaled Net Operating Assets of 0.83 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 RMB Holdings and its competitors. RMB Holdings's current Scaled Net Operating Assets is 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RMB Holdings stock overvalued right now?
RMB Holdings (JSE:RMH) has a current Scaled Net Operating Assets of 0.83. The current Scaled Net Operating Assets is 0.83. RMB Holdings' overall GF Score™ is 34/100 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 RMB Holdings (JSE:RMH), the current Scaled Net Operating Assets is 0.83 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.

RMB Holdings Business Description

Address 42 Gazelle Avenue, Zero 01 Solution House, Corporate Park South, Midrand, GT, ZAF, 1685
RMB Holdings Ltd is a South Africa-based investment holding company. The company, through its subsidiary RMH Property Holdings Proprietary Limited (RMH Property), focuses on property investments. Its portfolio companies conduct their businesses in two focus areas: investments and developments. Its portfolio is Atterbury Property Holdings (Atterbury) and Integer Properties.
34GF 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.

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