KMERF (Komercni Banka AS) Scaled Net Operating Assets: 0.08 (As of Mar. 2026)


KMERF Komercni Banka AS KMERF
58 GF Score
Price $54.98
GF Value $48.62
! 4 Warning Signs
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What is Komercni Banka AS Scaled Net Operating Assets?

Komercni Banka AS KMERF 58 Scaled Net Operating Assets is 0.08 as of Mar. 2026. GuruFocus rates KMERF with a GF Score™ of 58/100 and a GF Value™ of $48.62. The stock has 4 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.

Komercni Banka AS's operating assets for the quarter that ended in Mar. 2026 was $78,238 Mil. Komercni Banka AS's operating liabilities for the quarter that ended in Mar. 2026 was $71,713 Mil. Komercni Banka AS's Total Assets for the quarter that ended in Dec. 2025 was $77,227 Mil. Therefore, Komercni Banka AS's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.08.

KMERF
58GF Score
Komercni Banka AS KMERF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Komercni Banka AS 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.

Komercni Banka AS'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 )
=(72801.581-66354.618)/63970.075
=0.10

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=77226.983 - 4425.402
=72801.581

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=71002.685 - 4648.067 - 0
=66354.618

Komercni Banka AS'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 )
=(78238.026-71713.078)/77226.983
=0.08

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=82394.91 - 4156.884
=78238.026

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=76117.534 - 4404.456 - 0
=71713.078

* 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 0.08 mean?
Komercni Banka AS (KMERF) has a Scaled Net Operating Assets of 0.08 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 Komercni Banka AS and its competitors.
Is Komercni Banka AS's Scaled Net Operating Assets too high?
Komercni Banka AS's current Scaled Net Operating Assets is 0.08. Overall, Komercni Banka AS has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Komercni Banka AS's Scaled Net Operating Assets compare to PNC and USB?
Komercni Banka AS's Scaled Net Operating Assets of 0.08 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 Komercni Banka AS and its competitors. Komercni Banka AS's current Scaled Net Operating Assets is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Komercni Banka AS stock overvalued right now?
Komercni Banka AS (KMERF) has a current Scaled Net Operating Assets of 0.08. The stock's GF Value™ is $48.62, compared to a current price of $54.98 — trading 13.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.08. Komercni Banka AS's overall GF Score™ is 58/100 with 4 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 Komercni Banka AS (KMERF), the current Scaled Net Operating Assets is 0.08 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 Komercni Banka AS (KMERF) Overvalued in 2026?

Based on GuruFocus' analysis, Komercni Banka AS stock appears to be overvalued. The current stock price of $54.98 is trading 13.1% above its estimated GF Value™ of $48.62.

Key valuation signals for KMERF:

  • Scaled Net Operating Assets: 0.08
  • GF Value™: $48.62 vs. price of $54.98 (13.1% above fair value)
  • GF Score™: 58/100 with 4 warning signs

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

Komercni Banka AS Business Description

Address Na Prikope 33 cp. 969, P.O. BOX 839, Prague 1, CZE, 114 07
Komercni Banka AS is a universal bank providing a wide range of retail, corporate, and investment banking activities. These activities are complemented by other specialized services, including pension insurance, building savings, leasing, factoring, consumer loans, insurance, and services of fintech companies. The Group has the following operating segments: i) Retail Banking: includes the provision of products and services to individuals, ii) Corporate Banking: includes the provision of products and services to corporate entities, iii) Investment Banking: involves trading in financial instruments; and iv) Other: consists of the head office of the Bank. The majority of the revenue is derived from the Retail banking segment.
58GF 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.

$54.98
Price
$48.62
GF Value