Dunav Re a.d (XBEL:DNREM) Scaled Net Operating Assets: -0.16 (As of Dec. 2025)

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XBEL:DNREM Dunav Re a.d XBEL:DNREM
68 GF Score
Price RSD7,600.00
GF Value RSD5,120.33
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Dunav Re a.d Scaled Net Operating Assets?

Dunav Re a.d XBEL:DNREM -29.63% 68 Scaled Net Operating Assets is -0.16 as of Dec. 2025. GuruFocus rates XBEL:DNREM with a GF Score™ of 68/100 and a GF Value™ of RSD5,120.33 (Significantly Overvalued). 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.

Dunav Re a.d's operating assets for the quarter that ended in Dec. 2025 was RSD10,716 Mil. Dunav Re a.d's operating liabilities for the quarter that ended in Dec. 2025 was RSD13,325 Mil. Dunav Re a.d's Total Assets for the quarter that ended in Jun. 2025 was RSD16,448 Mil. Therefore, Dunav Re a.d's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.16.

XBEL:DNREM
68GF Score
Dunav Re a.d XBEL:DNREM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Dunav Re a.d 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.

Dunav Re a.d'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 )
=(12084.129-13325.278)/14529.703
=-0.09

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=17575.284 - 5491.155
=12084.129

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13325.278 - 0 - 0
=13325.278

Dunav Re a.d's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(10716.207-13325.278)/16447.785
=-0.16

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=17575.284 - 6859.077
=10716.207

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13325.278 - 0 - 0
=13325.278

* 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 -0.16 mean?
Dunav Re a.d (XBEL:DNREM) has a Scaled Net Operating Assets of -0.16 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Dunav Re a.d and its competitors.
Is Dunav Re a.d's Scaled Net Operating Assets too high?
Dunav Re a.d's current Scaled Net Operating Assets is -0.16. Overall, Dunav Re a.d has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dunav Re a.d's Scaled Net Operating Assets compare to EG and RGA?
Dunav Re a.d's Scaled Net Operating Assets of -0.16 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 Dunav Re a.d and its competitors. Dunav Re a.d's current Scaled Net Operating Assets is -0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dunav Re a.d stock overvalued right now?
Based on GuruFocus' analysis, Dunav Re a.d (XBEL:DNREM) is currently considered Significantly Overvalued. The stock's GF Value™ is RSD5,120.33, compared to a current price of RSD7,600.00 — trading 48.4% above its estimated fair value. The current Scaled Net Operating Assets is -0.16. Dunav Re a.d's overall GF Score™ is 68/100 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 Dunav Re a.d (XBEL:DNREM), the current Scaled Net Operating Assets is -0.16 as of Dec. 2025. 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 Dunav Re a.d (XBEL:DNREM) Overvalued in 2026?

Based on GuruFocus' analysis, Dunav Re a.d stock appears to be overvalued. The current stock price of RSD7,600.00 is trading 48.4% above its estimated GF Value™ of RSD5,120.33. GuruFocus considers Dunav Re a.d to be Significantly Overvalued.

Key valuation signals for XBEL:DNREM:

  • Scaled Net Operating Assets: -0.16
  • GF Value™: RSD5,120.33 vs. price of RSD7,600.00 (48.4% above fair value)
  • GF Score™: 68/100 with 2 warning signs

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

Dunav Re a.d Business Description

Address Bulevar kralja Aleksandra 18, 1st floor, Beograd, SRB, 11000
Dunav Re a.d is a joint-stock reinsurance company. It provides reinsurance protection. It operates in countries such as Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, Albania, Turkish part of Cyprus, Germany, Russia, Bulgaria, North Africa (Morocco, Algeria), Asia-Emirates.
68GF Score

Get the complete analysis for XBEL:DNREM

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

RSD7,600.00
Price
RSD5,120.33
GF Value