Kvika Banki hf (OISE:KVIKA) Scaled Net Operating Assets: 0.36 (As of Mar. 2026)


OISE:KVIKA Kvika Banki hf OISE:KVIKA
57 GF Score
Price kr13.30
GF Value kr22.47
Valuation Possible Value Trap
! 3 Warning Signs
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What is Kvika Banki hf Scaled Net Operating Assets?

Kvika Banki hf OISE:KVIKA +0.76% 57 Scaled Net Operating Assets is 0.36 as of Mar. 2026. GuruFocus rates OISE:KVIKA with a GF Score™ of 57/100 and a GF Value™ of kr22.47 (Possible Value Trap). The stock has 3 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.

Kvika Banki hf's operating assets for the quarter that ended in Mar. 2026 was kr331,276 Mil. Kvika Banki hf's operating liabilities for the quarter that ended in Mar. 2026 was kr206,155 Mil. Kvika Banki hf's Total Assets for the quarter that ended in Dec. 2025 was kr343,112 Mil. Therefore, Kvika Banki hf's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.36.

OISE:KVIKA
57GF Score
Kvika Banki hf OISE:KVIKA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Kvika Banki hf 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.

Kvika Banki hf'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 )
=(322968-187479)/354594
=0.38

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=343112 - 20144
=322968

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=274178 - 86699 - 0
=187479

Kvika Banki hf'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 )
=(331276-206155)/343112
=0.36

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=359817 - 28541
=331276

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=293022 - 86867 - 0
=206155

* 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 0.36 mean?
Kvika Banki hf (OISE:KVIKA) has a Scaled Net Operating Assets of 0.36 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 Kvika Banki hf and its competitors.
Is Kvika Banki hf's Scaled Net Operating Assets too high?
Kvika Banki hf's current Scaled Net Operating Assets is 0.36. Overall, Kvika Banki hf has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kvika Banki hf's Scaled Net Operating Assets compare to PNC and USB?
Kvika Banki hf's Scaled Net Operating Assets of 0.36 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 Kvika Banki hf and its competitors. Kvika Banki hf's current Scaled Net Operating Assets is 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kvika Banki hf stock overvalued right now?
Based on GuruFocus' analysis, Kvika Banki hf (OISE:KVIKA) is currently considered Possible Value Trap. The stock's GF Value™ is kr22.47, compared to a current price of kr13.30 — trading 40.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.36. Kvika Banki hf's overall GF Score™ is 57/100 with 3 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 Kvika Banki hf (OISE:KVIKA), the current Scaled Net Operating Assets is 0.36 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 Kvika Banki hf (OISE:KVIKA) Overvalued in 2026?

Based on GuruFocus' analysis, Kvika Banki hf stock appears to be undervalued. The current stock price of kr13.30 is trading 40.8% below its estimated GF Value™ of kr22.47. GuruFocus considers Kvika Banki hf to be Possible Value Trap.

Key valuation signals for OISE:KVIKA:

  • Scaled Net Operating Assets: 0.36
  • GF Value™: kr22.47 vs. price of kr13.30 (40.8% below fair value)
  • GF Score™: 57/100 with 3 warning signs

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

Kvika Banki hf Business Description

Address Katrinartun 2, Reykjavik, ISL, 105
Kvika Banki hf is a financial services company with operations in Iceland and the United Kingdom. It delivers its services mainly online and offers solutions in asset management, payments, and banking for individuals, businesses, and investors. The company operates in four business segments: Commercial Banking, Investment Banking, which generates maximum revenue, Asset Management, and UK operations, through its subsidiaries. Retail financial services are delivered through specialized consumer brands such as Audur, Aur, and Netgiro, while corporate and institutional services are provided under the Kvika brand. In the UK, the bank operates under the Kvika and Ortus Secured Finance brands.
57GF 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.

kr13.30
Price
kr22.47
GF Value