NBGIF (National Bank of Greece) Scaled Net Operating Assets: 0.07 (As of Mar. 2026)


NBGIF National Bank of Greece SA NBGIF
56 GF Score
Price $17.28
GF Value $8.90
Valuation Significantly Overvalued
! 8 Warning Signs
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What is National Bank of Greece Scaled Net Operating Assets?

National Bank of Greece NBGIF +1.62% 56 Scaled Net Operating Assets is 0.07 as of Mar. 2026. GuruFocus rates NBGIF with a GF Score™ of 56/100 and a GF Value™ of $8.90 (Significantly Overvalued). The stock has 8 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.

National Bank of Greece's operating assets for the quarter that ended in Mar. 2026 was $85,988 Mil. National Bank of Greece's operating liabilities for the quarter that ended in Mar. 2026 was $79,150 Mil. National Bank of Greece's Total Assets for the quarter that ended in Dec. 2025 was $92,372 Mil. Therefore, National Bank of Greece's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.07.

NBGIF
56GF Score
National Bank of Greece SA NBGIF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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National Bank of Greece 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.

National Bank of Greece'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 )
=(83629.976-76514.052)/78489.005
=0.09

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=92372.365 - 8742.389
=83629.976

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=81736.534 - 5222.482 - 0
=76514.052

National Bank of Greece'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 )
=(85988.439-79150.289)/92372.365
=0.07

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=95605.78 - 9617.341
=85988.439

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=84347.977 - 5197.688 - 0
=79150.289

* 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 0.07 mean?
National Bank of Greece (NBGIF) has a Scaled Net Operating Assets of 0.07 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 National Bank of Greece and its competitors.
Is National Bank of Greece's Scaled Net Operating Assets too high?
National Bank of Greece's current Scaled Net Operating Assets is 0.07. Overall, National Bank of Greece has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Bank of Greece's Scaled Net Operating Assets compare to PNC and USB?
National Bank of Greece's Scaled Net Operating Assets of 0.07 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 National Bank of Greece and its competitors. National Bank of Greece's current Scaled Net Operating Assets is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Bank of Greece stock overvalued right now?
Based on GuruFocus' analysis, National Bank of Greece (NBGIF) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.90, compared to a current price of $17.28 — trading 94.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.07. National Bank of Greece's overall GF Score™ is 56/100 with 8 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 National Bank of Greece (NBGIF), the current Scaled Net Operating Assets is 0.07 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 National Bank of Greece (NBGIF) Overvalued in 2026?

Based on GuruFocus' analysis, National Bank of Greece stock appears to be overvalued. The current stock price of $17.28 is trading 94.1% above its estimated GF Value™ of $8.90. GuruFocus considers National Bank of Greece to be Significantly Overvalued.

Key valuation signals for NBGIF:

  • Scaled Net Operating Assets: 0.07
  • GF Value™: $8.90 vs. price of $17.28 (94.1% above fair value)
  • GF Score™: 56/100 with 8 warning signs

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

National Bank of Greece Business Description

Address 86 Eolou Street, Athens, GRC, 10559
National Bank of Greece SA consists of several subsidiaries offering diverse financial services, including retail, corporate, and investment banking, specialized asset solutions, transactional banking, leasing, factoring, brokerage, asset management, real estate management, and bancassurance-related services. Its segments include Retail Banking, Corporate and Investment Banking, Trouble Assets Units, Global Markets and Asset Management, International Banking Operations, and Other. The group generates maximum revenue from the Retail Banking segment, which, through its branch network and digital business, offers various types of loans (mortgage, consumer, and small business lending), cards (debit, credit, and prepaid cards), deposits, investment, bancassurance, and other products.
56GF 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.

$17.28
Price
$8.90
GF Value