Melhus Sparebank (LTS:0F84) Scaled Net Operating Assets: 0.34 (As of Mar. 2026)


LTS:0F84 Melhus Sparebank LTS:0F84
54 GF Score
Price kr188.94
GF Value kr169.71
! 6 Warning Signs
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What is Melhus Sparebank Scaled Net Operating Assets?

Melhus Sparebank LTS:0F84 54 Scaled Net Operating Assets is 0.34 as of Mar. 2026. GuruFocus rates LTS:0F84 with a GF Score™ of 54/100 and a GF Value™ of kr169.71. 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.

Melhus Sparebank's operating assets for the quarter that ended in Mar. 2026 was kr12,366.6 Mil. Melhus Sparebank's operating liabilities for the quarter that ended in Mar. 2026 was kr8,228.8 Mil. Melhus Sparebank's Total Assets for the quarter that ended in Dec. 2025 was kr12,056.7 Mil. Therefore, Melhus Sparebank's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.34.

LTS:0F84
54GF Score
Melhus Sparebank LTS:0F84
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Melhus Sparebank 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.

Melhus Sparebank'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 )
=(12052.428-7821.79)/11094.693
=0.38

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=12056.727 - 4.299
=12052.428

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10353.691 - 2531.901 - 0
=7821.79

Melhus Sparebank'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 )
=(12366.644-8228.79)/12056.727
=0.34

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=12374.254 - 7.61
=12366.644

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10645.377 - 2416.587 - 0
=8228.79

* 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?
Melhus Sparebank (LTS:0F84) has a Scaled Net Operating Assets of 0.34 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 Melhus Sparebank and its competitors.
Is Melhus Sparebank's Scaled Net Operating Assets too high?
Melhus Sparebank's current Scaled Net Operating Assets is 0.34. Overall, Melhus Sparebank has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Melhus Sparebank's Scaled Net Operating Assets compare to competitors?
Melhus Sparebank'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 Melhus Sparebank and its competitors. Melhus Sparebank'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 Melhus Sparebank stock overvalued right now?
Melhus Sparebank (LTS:0F84) has a current Scaled Net Operating Assets of 0.34. The stock's GF Value™ is kr169.71, compared to a current price of kr188.94 — trading 11.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.34. Melhus Sparebank's overall GF Score™ is 54/100 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 Melhus Sparebank (LTS:0F84), the current Scaled Net Operating Assets is 0.34 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 Melhus Sparebank (LTS:0F84) Overvalued in 2026?

Based on GuruFocus' analysis, Melhus Sparebank stock appears to be overvalued. The current stock price of kr188.94 is trading 11.3% above its estimated GF Value™ of kr169.71.

Key valuation signals for LTS:0F84:

  • Scaled Net Operating Assets: 0.34
  • GF Value™: kr169.71 vs. price of kr188.94 (11.3% above fair value)
  • GF Score™: 54/100 with 6 warning signs

No single metric tells the full story. See the LTS:0F84 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Melhus Sparebank Business Description

Other Exchanges MELG:Norway
Address Melhus Road 439, Melhus, NOR, 7224
Melhus Sparebank is a savings bank that offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.
54GF Score

Get the complete analysis for LTS:0F84

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr188.94
Price
kr169.71
GF Value