Nordnet AB (publ) (OSTO:SAVE) Scaled Net Operating Assets: 0.02 (As of Mar. 2026)


OSTO:SAVE Nordnet AB (publ) OSTO:SAVE
78 GF Score
Price kr368.80
GF Value kr271.78
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Nordnet AB (publ) Scaled Net Operating Assets?

Nordnet AB (publ) OSTO:SAVE +0.22% 78 Scaled Net Operating Assets is 0.02 as of Mar. 2026. GuruFocus rates OSTO:SAVE with a GF Score™ of 78/100 and a GF Value™ of kr271.78 (Significantly Overvalued). The stock has 6 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.

Nordnet AB (publ)'s operating assets for the quarter that ended in Mar. 2026 was kr319,974 Mil. Nordnet AB (publ)'s operating liabilities for the quarter that ended in Mar. 2026 was kr314,903 Mil. Nordnet AB (publ)'s Total Assets for the quarter that ended in Dec. 2025 was kr309,411 Mil. Therefore, Nordnet AB (publ)'s scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.02.

OSTO:SAVE
78GF Score
Nordnet AB (publ) OSTO:SAVE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nordnet AB (publ) 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.

Nordnet AB (publ)'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 )
=(304736-300844)/273223
=0.01

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=309411 - 4675
=304736

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=301032 - 188 - 0
=300844

Nordnet AB (publ)'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 )
=(319974-314903)/309411
=0.02

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=324074 - 4100
=319974

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=314903 - 0 - 0
=314903

* 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 0.02 mean?
Nordnet AB (publ) (OSTO:SAVE) has a Scaled Net Operating Assets of 0.02 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 Nordnet AB (publ) and its competitors.
Is Nordnet AB (publ)'s Scaled Net Operating Assets too high?
Nordnet AB (publ)'s current Scaled Net Operating Assets is 0.02. Overall, Nordnet AB (publ) has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordnet AB (publ)'s Scaled Net Operating Assets compare to MS and GS?
Nordnet AB (publ)'s Scaled Net Operating Assets of 0.02 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 Nordnet AB (publ) and its competitors. Nordnet AB (publ)'s current Scaled Net Operating Assets is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordnet AB (publ) stock overvalued right now?
Based on GuruFocus' analysis, Nordnet AB (publ) (OSTO:SAVE) is currently considered Significantly Overvalued. The stock's GF Value™ is kr271.78, compared to a current price of kr368.80 — trading 35.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.02. Nordnet AB (publ)'s overall GF Score™ is 78/100 with 6 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 Nordnet AB (publ) (OSTO:SAVE), the current Scaled Net Operating Assets is 0.02 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 Nordnet AB (publ) (OSTO:SAVE) Overvalued in 2026?

Based on GuruFocus' analysis, Nordnet AB (publ) stock appears to be overvalued. The current stock price of kr368.80 is trading 35.7% above its estimated GF Value™ of kr271.78. GuruFocus considers Nordnet AB (publ) to be Significantly Overvalued.

Key valuation signals for OSTO:SAVE:

  • Scaled Net Operating Assets: 0.02
  • GF Value™: kr271.78 vs. price of kr368.80 (35.7% above fair value)
  • GF Score™: 78/100 with 6 warning signs

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

Nordnet AB (publ) Business Description

Address Alstromergatan 39, Box 30099, Stockholm, SWE, SE-104 25
Nordnet AB (publ) offers financial services and products, in savings and investments in its home markets of Sweden, Norway, Denmark, and Finland. Its products include savings and investments, pension, and loans. Its operating segments are Sweden, Norway, Denmark, and Finland of which Sweden derives the majority of the revenue.
78GF Score

Get the complete analysis for OSTO:SAVE

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

kr368.80
Price
kr271.78
GF Value