SCGLF (Societe Generale) Scaled Net Operating Assets: 0.06 (As of Mar. 2026)


SCGLF Societe Generale SA SCGLF
59 GF Score
Price $88.04
GF Value $44.30
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Societe Generale Scaled Net Operating Assets?

Societe Generale SCGLF 59 Scaled Net Operating Assets is 0.06 as of Mar. 2026. GuruFocus rates SCGLF with a GF Score™ of 59/100 and a GF Value™ of $44.30 (Significantly Overvalued). The stock has 5 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.

Societe Generale's operating assets for the quarter that ended in Mar. 2026 was $1,702,163 Mil. Societe Generale's operating liabilities for the quarter that ended in Mar. 2026 was $1,599,313 Mil. Societe Generale's Total Assets for the quarter that ended in Dec. 2025 was $1,811,055 Mil. Therefore, Societe Generale's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.06.

SCGLF
59GF Score
Societe Generale SA SCGLF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Societe Generale 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.

Societe Generale'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 )
=(1582558.548-1522297.424)/1647691.099
=0.04

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1811055.035 - 228496.487
=1582558.548

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1717932.084 - 195634.66 - 0
=1522297.424

Societe Generale'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 )
=(1702163.006-1599313.295)/1811055.035
=0.06

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1880875.145 - 178712.139
=1702163.006

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1787967.63 - 188654.335 - 0
=1599313.295

* 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 0.06 mean?
Societe Generale (SCGLF) has a Scaled Net Operating Assets of 0.06 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 Societe Generale and its competitors.
Is Societe Generale's Scaled Net Operating Assets too high?
Societe Generale's current Scaled Net Operating Assets is 0.06. Overall, Societe Generale has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Societe Generale's Scaled Net Operating Assets compare to competitors?
Societe Generale's Scaled Net Operating Assets of 0.06 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 Societe Generale and its competitors. Societe Generale's current Scaled Net Operating Assets is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Societe Generale stock overvalued right now?
Based on GuruFocus' analysis, Societe Generale (SCGLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $44.30, compared to a current price of $88.04 — trading 98.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.06. Societe Generale's overall GF Score™ is 59/100 with 5 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 Societe Generale (SCGLF), the current Scaled Net Operating Assets is 0.06 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 Societe Generale (SCGLF) Overvalued in 2026?

Based on GuruFocus' analysis, Societe Generale stock appears to be overvalued. The current stock price of $88.04 is trading 98.7% above its estimated GF Value™ of $44.30. GuruFocus considers Societe Generale to be Significantly Overvalued.

Key valuation signals for SCGLF:

  • Scaled Net Operating Assets: 0.06
  • GF Value™: $44.30 vs. price of $88.04 (98.7% above fair value)
  • GF Score™: 59/100 with 5 warning signs

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


Societe Generale Business Description

Address 29, Boulevard Haussmann, Paris, FRA, 75009
Société Générale is a diversified European bank whose largest division is its corporate and investment bank, anchored by a well-regarded equity franchise. Its French retail operations include both the traditional branch network and fast-growing digital bank Boursorama. Internationally, Société Générale ranks among the largest banks in the Czech Republic and Romania. It also holds dominant positions in several African markets, though with a smaller earnings contribution. The group is a leading player in vehicle and equipment leasing through ALD Automotive.
59GF Score

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$88.04
Price
$44.30
GF Value