NBNKF (Nordea Bank Abp) Scaled Net Operating Assets: 0.30 (As of Mar. 2026)


NBNKF Nordea Bank Abp NBNKF
64 GF Score
Price $19.30
GF Value $13.80
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Nordea Bank Abp Scaled Net Operating Assets?

Nordea Bank Abp NBNKF 64 Scaled Net Operating Assets is 0.30 as of Mar. 2026. GuruFocus rates NBNKF with a GF Score™ of 64/100 and a GF Value™ of $13.80 (Significantly Overvalued). The stock has 9 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.

Nordea Bank Abp's operating assets for the quarter that ended in Mar. 2026 was $735,363 Mil. Nordea Bank Abp's operating liabilities for the quarter that ended in Mar. 2026 was $505,265 Mil. Nordea Bank Abp's Total Assets for the quarter that ended in Dec. 2025 was $766,218 Mil. Therefore, Nordea Bank Abp's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.30.

NBNKF
64GF Score
Nordea Bank Abp NBNKF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordea Bank Abp 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.

Nordea Bank Abp'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 )
=(713345.434-486358.314)/652727.749
=0.35

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=766217.799 - 52872.365
=713345.434

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=728256.44 - 241898.126 - 0
=486358.314

Nordea Bank Abp'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 )
=(735363.006-505264.739)/766217.799
=0.30

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=784979.191 - 49616.185
=735363.006

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=750190.751 - 244926.012 - 0
=505264.739

* 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?
Nordea Bank Abp (NBNKF) 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 Nordea Bank Abp and its competitors.
Is Nordea Bank Abp's Scaled Net Operating Assets too high?
Nordea Bank Abp's current Scaled Net Operating Assets is 0.30. Overall, Nordea Bank Abp has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordea Bank Abp's Scaled Net Operating Assets compare to PNC and USB?
Nordea Bank Abp's 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 Nordea Bank Abp and its competitors. Nordea Bank Abp'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 Nordea Bank Abp stock overvalued right now?
Based on GuruFocus' analysis, Nordea Bank Abp (NBNKF) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.80, compared to a current price of $19.30 — trading 39.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.30. Nordea Bank Abp's overall GF Score™ is 64/100 with 9 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 Nordea Bank Abp (NBNKF), 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 Nordea Bank Abp (NBNKF) Overvalued in 2026?

Based on GuruFocus' analysis, Nordea Bank Abp stock appears to be overvalued. The current stock price of $19.30 is trading 39.9% above its estimated GF Value™ of $13.80. GuruFocus considers Nordea Bank Abp to be Significantly Overvalued.

Key valuation signals for NBNKF:

  • Scaled Net Operating Assets: 0.30
  • GF Value™: $13.80 vs. price of $19.30 (39.9% above fair value)
  • GF Score™: 64/100 with 9 warning signs

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

Nordea Bank Abp Business Description

Address Hamnbanegatan 5, Helsinki, FIN, FI-00020
Nordea is a universal Nordic bank that generates most of its income through vanilla lending products such as mortgages, household loans, and corporate loans. The bank is also a leading equity and debt underwriter and issuer, specialized in the Nordics, generating roughly one tenth of the group's income. Nordea also offers life and pension, savings and asset management, as well as private banking services to high-net-worth individuals. It operates primarily in Sweden, Denmark, Finland, and Norway.
64GF Score

Get the complete analysis for NBNKF

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

$19.30
Price
$13.80
GF Value