Secure Trust Bank (LSE:STB) Scaled Net Operating Assets: 0.34 (As of Dec. 2025)


LSE:STB Secure Trust Bank PLC LSE:STB
49 GF Score
Price £13.76
GF Value £6.82
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Secure Trust Bank Scaled Net Operating Assets?

Secure Trust Bank LSE:STB -0.29% 49 Scaled Net Operating Assets is 0.34 as of Dec. 2025. GuruFocus rates LSE:STB with a GF Score™ of 49/100 and a GF Value™ of £6.82 (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.

Secure Trust Bank's operating assets for the quarter that ended in Dec. 2025 was £3,787.9 Mil. Secure Trust Bank's operating liabilities for the quarter that ended in Dec. 2025 was £2,324.9 Mil. Secure Trust Bank's Total Assets for the quarter that ended in Jun. 2025 was £4,287.9 Mil. Therefore, Secure Trust Bank's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.34.

LSE:STB
49GF Score
Secure Trust Bank PLC LSE:STB
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Secure Trust Bank 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.

Secure Trust Bank'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 )
=(3787.9-2324.9)/4116.7
=0.36

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=4316 - 528.1
=3787.9

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3941.7 - 1616.8 - 0
=2324.9

Secure Trust Bank'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 )
=(3787.9-2324.9)/4287.9
=0.34

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=4316 - 528.1
=3787.9

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3941.7 - 1616.8 - 0
=2324.9

* 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 0.34 mean?
Secure Trust Bank (LSE:STB) has a Scaled Net Operating Assets of 0.34 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 Secure Trust Bank and its competitors.
Is Secure Trust Bank's Scaled Net Operating Assets too high?
Secure Trust Bank's current Scaled Net Operating Assets is 0.34. Overall, Secure Trust Bank has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Secure Trust Bank's Scaled Net Operating Assets compare to PNC and USB?
Secure Trust Bank's Scaled Net Operating Assets of 0.34 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 Secure Trust Bank and its competitors. Secure Trust Bank's current Scaled Net Operating Assets is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Trust Bank stock overvalued right now?
Based on GuruFocus' analysis, Secure Trust Bank (LSE:STB) is currently considered Significantly Overvalued. The stock's GF Value™ is £6.82, compared to a current price of £13.76 — trading 101.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.34. Secure Trust Bank's overall GF Score™ is 49/100 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 Secure Trust Bank (LSE:STB), the current Scaled Net Operating Assets is 0.34 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 Secure Trust Bank (LSE:STB) Overvalued in 2026?

Based on GuruFocus' analysis, Secure Trust Bank stock appears to be overvalued. The current stock price of £13.76 is trading 101.8% above its estimated GF Value™ of £6.82. GuruFocus considers Secure Trust Bank to be Significantly Overvalued.

Key valuation signals for LSE:STB:

  • Scaled Net Operating Assets: 0.34
  • GF Value™: £6.82 vs. price of £13.76 (101.8% above fair value)
  • GF Score™: 49/100 with 6 warning signs

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

Secure Trust Bank Business Description

Other Exchanges STBl:UK
Address Arleston Way, Yorke House, Solihull, West Midlands, GBR, B90 4LH
Secure Trust Bank PLC is engaged in the provision of banking and financial services. The company is organised into four operating segments, which consist of the different products available, as follows: i) Consumer Finance: it includes Retail Finance and Vehicle Finance, ii) Business Finance: It includes Real Estate Finance and Commercial Finance, and iii) Other. The majority of revenue is derived from the Retail Finance segment, which provides online e-commerce services to retailers, providing unsecured lending products to prime UK customers. Geographically, the company operates only in the United Kingdom.
49GF 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.

£13.76
Price
£6.82
GF Value