Investec (NAM:IVD) Scaled Net Operating Assets: 0.06 (As of Mar. 2026)


NAM:IVD Investec Ltd NAM:IVD
71 GF Score
Price R129.89
GF Value R145.05
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Investec Scaled Net Operating Assets?

Investec NAM:IVD -3.90% 71 Scaled Net Operating Assets is 0.06 as of Mar. 2026. GuruFocus rates NAM:IVD with a GF Score™ of 71/100 and a GF Value™ of R145.05 (Modestly 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.

Investec's operating assets for the quarter that ended in Mar. 2026 was R694,405 Mil. Investec's operating liabilities for the quarter that ended in Mar. 2026 was R648,949 Mil. Investec's Total Assets for the quarter that ended in Sep. 2025 was R705,237 Mil. Therefore, Investec's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.06.

NAM:IVD
71GF Score
Investec Ltd NAM:IVD
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Investec 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.

Investec's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(694405-648949)/682418
=0.07

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=728802 - 34397
=694405

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=667846 - 18897 - 0
=648949

Investec'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: Sep. 2025 )
=(694405-648949)/705237
=0.06

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=728802 - 34397
=694405

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=667846 - 18897 - 0
=648949

* 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 0.06 mean?
Investec (NAM:IVD) has a Scaled Net Operating Assets of 0.06 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 Investec and its competitors.
Is Investec's Scaled Net Operating Assets too high?
Investec's current Scaled Net Operating Assets is 0.06. Overall, Investec has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Investec's Scaled Net Operating Assets compare to PNC and USB?
Investec's Scaled Net Operating Assets of 0.06 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 Investec and its competitors. Investec's current Scaled Net Operating Assets is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Investec stock overvalued right now?
Based on GuruFocus' analysis, Investec (NAM:IVD) is currently considered Modestly Undervalued. The stock's GF Value™ is R145.05, compared to a current price of R129.89 — trading 10.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.06. Investec's overall GF Score™ is 71/100 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 Investec (NAM:IVD), the current Scaled Net Operating Assets is 0.06 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 Investec (NAM:IVD) Overvalued in 2026?

Based on GuruFocus' analysis, Investec stock appears to be undervalued. The current stock price of R129.89 is trading 10.5% below its estimated GF Value™ of R145.05. GuruFocus considers Investec to be Modestly Undervalued.

Key valuation signals for NAM:IVD:

  • Scaled Net Operating Assets: 0.06
  • GF Value™: R145.05 vs. price of R129.89 (10.5% below fair value)
  • GF Score™: 71/100 with 4 warning signs

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

Investec Business Description

Address 100 Grayston Drive, Sandown, Sandton, ZAF, 2196
Investec Ltd offers specialist banking and wealth & investment services. It provides Investment advisory services, financial planning, stockbroking, lending, treasury solutions, transactional banking, investment activities, and deposit-raising activities.
71GF Score

Get the complete analysis for NAM:IVD

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

R129.89
Price
R145.05
GF Value