Generali (WBO:AGEN) Scaled Net Operating Assets: -0.31 (As of Jun. 2026)

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WBO:AGEN Generali WBO:AGEN
53 GF Score
Price €45.36
GF Value €41.66
Valuation Fairly Valued
! 2 Warning Signs
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What is Generali Scaled Net Operating Assets?

Generali WBO:AGEN +0.96% 53 Scaled Net Operating Assets is -0.31 as of Jun. 2026. GuruFocus rates WBO:AGEN with a GF Score™ of 53/100 and a GF Value™ of €41.66 (Fairly Valued). The stock has 2 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.

Generali's operating assets for the quarter that ended in Jun. 2026 was €330,451 Mil. Generali's operating liabilities for the quarter that ended in Jun. 2026 was €504,825 Mil. Generali's Total Assets for the quarter that ended in Dec. 2025 was €558,529 Mil. Therefore, Generali's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was -0.31.

WBO:AGEN
53GF Score
Generali WBO:AGEN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Generali 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.

Generali'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 )
=(551221-484170)/538647
=0.12

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=558529 - 7308
=551221

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=523741 - 39571 - 0
=484170

Generali's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Dec. 2025 )
=(330451-504825)/558529
=-0.31

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=581192 - 250741
=330451

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=546310 - 41485 - 0
=504825

* 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 -0.31 mean?
Generali (WBO:AGEN) has a Scaled Net Operating Assets of -0.31 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Generali and its competitors.
Is Generali's Scaled Net Operating Assets too high?
Generali's current Scaled Net Operating Assets is -0.31. Overall, Generali has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Generali's Scaled Net Operating Assets compare to BRK.A and AIG?
Generali's Scaled Net Operating Assets of -0.31 can be compared against companies in the Insurance 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 an Insurance company?
A good Scaled Net Operating Assets depends on the Insurance 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 Generali and its competitors. Generali's current Scaled Net Operating Assets is -0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Generali stock overvalued right now?
Based on GuruFocus' analysis, Generali (WBO:AGEN) is currently considered Fairly Valued. The stock's GF Value™ is €41.66, compared to a current price of €45.36 — trading 8.9% above its estimated fair value. The current Scaled Net Operating Assets is -0.31. Generali's overall GF Score™ is 53/100 with 2 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 Generali (WBO:AGEN), the current Scaled Net Operating Assets is -0.31 as of Jun. 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 Generali (WBO:AGEN) Overvalued in 2026?

Based on GuruFocus' analysis, Generali stock appears to be overvalued. The current stock price of €45.36 is trading 8.9% above its estimated GF Value™ of €41.66. GuruFocus considers Generali to be Fairly Valued.

Key valuation signals for WBO:AGEN:

  • Scaled Net Operating Assets: -0.31
  • GF Value™: €41.66 vs. price of €45.36 (8.9% above fair value)
  • GF Score™: 53/100 with 2 warning signs

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

Generali Business Description

Address Piazza Duca degli Abruzzi, 2, Trieste, ITA, 34132
The roots of Generali date back to the 1830s and the Bora wind and rough seas that hit the Trieste region. Over that decade, Generali sought to expand throughout Italy, but growth was held back by the fragmented nature of Italy. The Italian Revolution in the 1840s paved the way for easier expansion in the country. After World War I, Trieste was handed back to Italy. The dissolution of the Austro-Hungarian Empire created a fragmented Europe and a fragmented Generali. To this day, Generali remains quite a diversified company, with its core operations remaining in the historical Austro-Hungarian countries of Austria, Central and Eastern Europe, Germany, and Italy. France is also an important contributor to life and savings.
53GF Score

Get the complete analysis for WBO:AGEN

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

€45.36
Price
€41.66
GF Value