Scotia Group Jamaica (XJAM:SGJ) Scaled Net Operating Assets: -0.06 (As of Apr. 2026)

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XJAM:SGJ Scotia Group Jamaica Ltd XJAM:SGJ
81 GF Score
Price JMD57.08
GF Value JMD57.84
Valuation Fairly Valued
! 3 Warning Signs
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What is Scotia Group Jamaica Scaled Net Operating Assets?

Scotia Group Jamaica XJAM:SGJ -0.23% 81 Scaled Net Operating Assets is -0.06 as of Apr. 2026. GuruFocus rates XJAM:SGJ with a GF Score™ of 81/100 and a GF Value™ of JMD57.84 (Fairly Valued). The stock has 3 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.

Scotia Group Jamaica's operating assets for the quarter that ended in Apr. 2026 was JMD628,610 Mil. Scotia Group Jamaica's operating liabilities for the quarter that ended in Apr. 2026 was JMD674,194 Mil. Scotia Group Jamaica's Total Assets for the quarter that ended in Oct. 2025 was JMD773,776 Mil. Therefore, Scotia Group Jamaica's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was -0.06.

XJAM:SGJ
81GF Score
Scotia Group Jamaica Ltd XJAM:SGJ
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Scotia Group Jamaica 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.

Scotia Group Jamaica's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2025 )
=(Operating Assets (A: Oct. 2025 )-Operating Liabilities (A: Oct. 2025 ))/Total Assets (A: Oct. 2024 )
=(572006.882-621595.022)/705016.705
=-0.07

where

Operating Assets(A: Oct. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=773776.402 - 201769.52
=572006.882

Operating Liabilities(A: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=623263.232 - 1668.21 - 0
=621595.022

Scotia Group Jamaica's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Oct. 2025 )
=(628609.734-674194.155)/773776.402
=-0.06

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=843858.799 - 215249.065
=628609.734

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=674194.155 - 0 - 0
=674194.155

* 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?
Scotia Group Jamaica (XJAM:SGJ) has a Scaled Net Operating Assets of -0.06 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Scotia Group Jamaica and its competitors.
Is Scotia Group Jamaica's Scaled Net Operating Assets too high?
Scotia Group Jamaica's current Scaled Net Operating Assets is -0.06. Overall, Scotia Group Jamaica has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Scotia Group Jamaica's Scaled Net Operating Assets compare to PNC and USB?
Scotia Group Jamaica'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 Scotia Group Jamaica and its competitors. Scotia Group Jamaica'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 Scotia Group Jamaica stock overvalued right now?
Based on GuruFocus' analysis, Scotia Group Jamaica (XJAM:SGJ) is currently considered Fairly Valued. The stock's GF Value™ is JMD57.84, compared to a current price of JMD57.08 — trading 1.3% below its estimated fair value. The current Scaled Net Operating Assets is -0.06. Scotia Group Jamaica's overall GF Score™ is 81/100 with 3 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 Scotia Group Jamaica (XJAM:SGJ), the current Scaled Net Operating Assets is -0.06 as of Apr. 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 Scotia Group Jamaica (XJAM:SGJ) Overvalued in 2026?

Based on GuruFocus' analysis, Scotia Group Jamaica stock appears to be undervalued. The current stock price of JMD57.08 is trading 1.3% below its estimated GF Value™ of JMD57.84. GuruFocus considers Scotia Group Jamaica to be Fairly Valued.

Key valuation signals for XJAM:SGJ:

  • Scaled Net Operating Assets: -0.06
  • GF Value™: JMD57.84 vs. price of JMD57.08 (1.3% below fair value)
  • GF Score™: 81/100 with 3 warning signs

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

Scotia Group Jamaica Business Description

Address Port Royal Streets, P.O. Box 709, Corner Duke, Scotiabank Centre, Kingston, JAM
Scotia Group Jamaica Ltd is a Jamaican financial holding company. It provides a range of financial services through its subsidiaries to personal, commercial, corporate, and government clients across Jamaica. The company has six business segments: Retail, Corporate and Commercial, Treasury, Investment Management Services, Insurance Services, and Others. It generates maximum revenue from the Retail banking segment. The retail banking segment includes personal banking services, personal deposit accounts, credit and debit cards, consumer loans, mortgages, and microfinance.
81GF Score

Get the complete analysis for XJAM:SGJ

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

JMD57.08
Price
JMD57.84
GF Value