Security Bank (PHS:SECB) Scaled Net Operating Assets: 0.14 (As of Mar. 2026)


PHS:SECB Security Bank Corp PHS:SECB
85 GF Score
Price ₱65.50
GF Value ₱100.71
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Security Bank Scaled Net Operating Assets?

Security Bank PHS:SECB +0.08% 85 Scaled Net Operating Assets is 0.14 as of Mar. 2026. GuruFocus rates PHS:SECB with a GF Score™ of 85/100 and a GF Value™ of ₱100.71 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Security Bank's operating assets for the quarter that ended in Mar. 2026 was ₱1,169,785 Mil. Security Bank's operating liabilities for the quarter that ended in Mar. 2026 was ₱998,740 Mil. Security Bank's Total Assets for the quarter that ended in Dec. 2025 was ₱1,194,759 Mil. Therefore, Security Bank's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.14.

PHS:SECB
85GF Score
Security Bank Corp PHS:SECB
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Security Bank 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.

Security Bank'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 )
=(1134005.057-971070.486)/1129140.756
=0.14

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1194759.253 - 60754.196
=1134005.057

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1040529.425 - 69458.939 - 0
=971070.486

Security Bank'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 )
=(1169785.457-998740.016)/1194759.253
=0.14

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1220353.274 - 50567.817
=1169785.457

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1066873.019 - 68133.003 - 0
=998740.016

* 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 0.14 mean?
Security Bank (PHS:SECB) has a Scaled Net Operating Assets of 0.14 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 Security Bank and its competitors.
Is Security Bank's Scaled Net Operating Assets too high?
Security Bank's current Scaled Net Operating Assets is 0.14. Overall, Security Bank has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Security Bank's Scaled Net Operating Assets compare to competitors?
Security Bank's Scaled Net Operating Assets of 0.14 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 Security Bank and its competitors. Security Bank's current Scaled Net Operating Assets is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Security Bank stock overvalued right now?
Based on GuruFocus' analysis, Security Bank (PHS:SECB) is currently considered Significantly Undervalued. The stock's GF Value™ is ₱100.71, compared to a current price of ₱65.50 — trading 35% below its estimated fair value. The current Scaled Net Operating Assets is 0.14. Security Bank's overall GF Score™ is 85/100 with 1 warning sign 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 Security Bank (PHS:SECB), the current Scaled Net Operating Assets is 0.14 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 Security Bank (PHS:SECB) Overvalued in 2026?

Based on GuruFocus' analysis, Security Bank stock appears to be undervalued. The current stock price of ₱65.50 is trading 35% below its estimated GF Value™ of ₱100.71. GuruFocus considers Security Bank to be Significantly Undervalued.

Key valuation signals for PHS:SECB:

  • Scaled Net Operating Assets: 0.14
  • GF Value™: ₱100.71 vs. price of ₱65.50 (35% below fair value)
  • GF Score™: 85/100 with 1 warning sign

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

Security Bank Business Description

Other Exchanges SYBJF:USA
Address 6776 Ayala Avenue, Security Bank Centre, Makati City, PHL, 0719
Security Bank Corp is engaged in banking. It operates in four segments: the Financial Markets Segment focuses on providing the money market, foreign exchange, financial derivatives, securities distribution, asset management, trust, and fiduciary services; the Wholesale Banking Segment addresses the corporate, institutional, and public sector markets and commercial clients. Services include relationship management, lending and other credit facilities, trade, cash management, deposit-taking, and leasing services; the Retail Banking Segment addresses individual, retail, and small businesses; the Business Banking segment covers deposit-taking and servicing, consumer loans, credit card facilities, and bancassurance; and All Other Segments include other support services.
85GF Score

Get the complete analysis for PHS:SECB

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

₱65.50
Price
₱100.71
GF Value