Danske Bank AS (LTS:0NVC) Scaled Net Operating Assets: 0.28 (As of Mar. 2026)


LTS:0NVC Danske Bank AS LTS:0NVC
63 GF Score
Price kr346.10
GF Value kr232.17
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Danske Bank AS Scaled Net Operating Assets?

Danske Bank AS LTS:0NVC +0.13% 63 Scaled Net Operating Assets is 0.28 as of Mar. 2026. GuruFocus rates LTS:0NVC with a GF Score™ of 63/100 and a GF Value™ of kr232.17 (Significantly Overvalued). The stock has 7 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.

Danske Bank AS's operating assets for the quarter that ended in Mar. 2026 was kr3,532,551 Mil. Danske Bank AS's operating liabilities for the quarter that ended in Mar. 2026 was kr2,480,546 Mil. Danske Bank AS's Total Assets for the quarter that ended in Dec. 2025 was kr3,753,911 Mil. Therefore, Danske Bank AS's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.28.

LTS:0NVC
63GF Score
Danske Bank AS LTS:0NVC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Danske Bank 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.

Danske Bank 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 )
=(3528456-2436069)/3716042
=0.29

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3753911 - 225455
=3528456

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3572749 - 1136680 - 0
=2436069

Danske Bank 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 )
=(3532551-2480546)/3753911
=0.28

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3792379 - 259828
=3532551

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3624986 - 1144440 - 0
=2480546

* 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 0.28 mean?
Danske Bank AS (LTS:0NVC) has a Scaled Net Operating Assets of 0.28 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 Danske Bank AS and its competitors.
Is Danske Bank AS's Scaled Net Operating Assets too high?
Danske Bank AS's current Scaled Net Operating Assets is 0.28. Overall, Danske Bank AS has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Danske Bank AS's Scaled Net Operating Assets compare to competitors?
Danske Bank AS's Scaled Net Operating Assets of 0.28 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 Danske Bank AS and its competitors. Danske Bank AS's current Scaled Net Operating Assets is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danske Bank AS stock overvalued right now?
Based on GuruFocus' analysis, Danske Bank AS (LTS:0NVC) is currently considered Significantly Overvalued. The stock's GF Value™ is kr232.17, compared to a current price of kr346.10 — trading 49.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.28. Danske Bank AS's overall GF Score™ is 63/100 with 7 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 Danske Bank AS (LTS:0NVC), the current Scaled Net Operating Assets is 0.28 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 Danske Bank AS (LTS:0NVC) Overvalued in 2026?

Based on GuruFocus' analysis, Danske Bank AS stock appears to be overvalued. The current stock price of kr346.10 is trading 49.1% above its estimated GF Value™ of kr232.17. GuruFocus considers Danske Bank AS to be Significantly Overvalued.

Key valuation signals for LTS:0NVC:

  • Scaled Net Operating Assets: 0.28
  • GF Value™: kr232.17 vs. price of kr346.10 (49.1% above fair value)
  • GF Score™: 63/100 with 7 warning signs

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

Danske Bank AS Business Description

Address Bernstorffsgade 40, Copenhagen, DNK, DK-1577
Founded in 1871, Danske Bank's headquarters are in Copenhagen, Denmark. It is the largest Danish bank with a dominant market share of 24% in lending and 27% in deposits. It operates through 144 branches in Denmark, Finland, Sweden, Norway, and Northern Ireland.
63GF Score

Get the complete analysis for LTS:0NVC

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

kr346.10
Price
kr232.17
GF Value