Banca Ifis (MIL:IF) Scaled Net Operating Assets: 0.30 (As of Mar. 2026)


MIL:IF Banca Ifis MIL:IF
64 GF Score
Price €13.46
GF Value €23.45
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Banca Ifis Scaled Net Operating Assets?

Banca Ifis MIL:IF -36.87% 64 Scaled Net Operating Assets is 0.30 as of Mar. 2026. GuruFocus rates MIL:IF with a GF Score™ of 64/100 and a GF Value™ of €23.45 (Significantly Undervalued). 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.

Banca Ifis's operating assets for the quarter that ended in Mar. 2026 was €20,453.3 Mil. Banca Ifis's operating liabilities for the quarter that ended in Mar. 2026 was €14,043.5 Mil. Banca Ifis's Total Assets for the quarter that ended in Dec. 2025 was €21,648.4 Mil. Therefore, Banca Ifis's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.30.

MIL:IF
64GF Score
Banca Ifis MIL:IF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Banca Ifis 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.

Banca Ifis'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 )
=(20808.555-15078.889)/13825.738
=0.41

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=21648.384 - 839.829
=20808.555

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19507.837 - 4428.948 - 0
=15078.889

Banca Ifis'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 )
=(20453.349-14043.461)/21648.384
=0.30

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=20927.361 - 474.012
=20453.349

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18768.349 - 4724.888 - 0
=14043.461

* 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 0.30 mean?
Banca Ifis (MIL:IF) has a Scaled Net Operating Assets of 0.30 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 Banca Ifis and its competitors.
Is Banca Ifis' Scaled Net Operating Assets too high?
Banca Ifis' current Scaled Net Operating Assets is 0.30. Overall, Banca Ifis has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Banca Ifis' Scaled Net Operating Assets compare to PNC and USB?
Banca Ifis' Scaled Net Operating Assets of 0.30 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 Banca Ifis and its competitors. Banca Ifis's current Scaled Net Operating Assets is 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banca Ifis stock overvalued right now?
Based on GuruFocus' analysis, Banca Ifis (MIL:IF) is currently considered Significantly Undervalued. The stock's GF Value™ is €23.45, compared to a current price of €13.46 — trading 42.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.30. Banca Ifis' overall GF Score™ is 64/100 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 Banca Ifis (MIL:IF), the current Scaled Net Operating Assets is 0.30 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 Banca Ifis (MIL:IF) Overvalued in 2026?

Based on GuruFocus' analysis, Banca Ifis stock appears to be undervalued. The current stock price of €13.46 is trading 42.6% below its estimated GF Value™ of €23.45. GuruFocus considers Banca Ifis to be Significantly Undervalued.

Key valuation signals for MIL:IF:

  • Scaled Net Operating Assets: 0.30
  • GF Value™: €23.45 vs. price of €13.46 (42.6% below fair value)
  • GF Score™: 64/100 with 4 warning signs

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

Banca Ifis Business Description

Other Exchanges IFm:UK0NBX:UK0I6:Germany
Address Via Terraglio, 63, Mestre, Venice, ITA, 30174
Banca Ifis is an independent banking group specializing in the provision of banking and other financial services. It specializes in providing factoring services, managing distressed loans, servicing and managing non-performing, secured loans, and offering leasing services, among other activities. The company's operating segments are Commercial & Corporate Banking, NPL, and Governance & Services and Non-Core. A majority of its revenue is generated from the Commercial & Corporate Banking segment, which represents the Group's commercial offerings dedicated to businesses and also includes personal loans with the assignment of one-fifth of salary or pension. This segment consists of the factoring, leasing, and corporate banking & lending business areas.
64GF 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.

€13.46
Price
€23.45
GF Value