Hrvatska Postanska Banka DD (ZAG:HPB) Scaled Net Operating Assets: -0.14 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ZAG:HPB Hrvatska Postanska Banka DD ZAG:HPB
58 GF Score
Price €336.00
GF Value €250.29
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Hrvatska Postanska Banka DD Scaled Net Operating Assets?

Hrvatska Postanska Banka DD ZAG:HPB 58 Scaled Net Operating Assets is -0.14 as of Mar. 2026. GuruFocus rates ZAG:HPB with a GF Score™ of 58/100 and a GF Value™ of €250.29 (Significantly Overvalued). The stock has 8 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.

Hrvatska Postanska Banka DD's operating assets for the quarter that ended in Mar. 2026 was €6,139.1 Mil. Hrvatska Postanska Banka DD's operating liabilities for the quarter that ended in Mar. 2026 was €7,344.7 Mil. Hrvatska Postanska Banka DD's Total Assets for the quarter that ended in Dec. 2025 was €8,562.4 Mil. Therefore, Hrvatska Postanska Banka DD's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.14.

ZAG:HPB
58GF Score
Hrvatska Postanska Banka DD ZAG:HPB
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hrvatska Postanska Banka DD 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.

Hrvatska Postanska Banka DD'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 )
=(6150.081-7314.26)/7881.787
=-0.15

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=8562.411 - 2412.33
=6150.081

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7986.658 - 672.398 - 0
=7314.26

Hrvatska Postanska Banka DD'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 )
=(6139.145-7344.71)/8562.411
=-0.14

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=7934.645 - 1795.5
=6139.145

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7344.71 - 0 - 0
=7344.71

* 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?
Hrvatska Postanska Banka DD (ZAG:HPB) 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 Hrvatska Postanska Banka DD and its competitors.
Is Hrvatska Postanska Banka DD's Scaled Net Operating Assets too high?
Hrvatska Postanska Banka DD's current Scaled Net Operating Assets is -0.14. Overall, Hrvatska Postanska Banka DD has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hrvatska Postanska Banka DD's Scaled Net Operating Assets compare to PNC and USB?
Hrvatska Postanska Banka DD'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 Hrvatska Postanska Banka DD and its competitors. Hrvatska Postanska Banka DD'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 Hrvatska Postanska Banka DD stock overvalued right now?
Based on GuruFocus' analysis, Hrvatska Postanska Banka DD (ZAG:HPB) is currently considered Significantly Overvalued. The stock's GF Value™ is €250.29, compared to a current price of €336.00 — trading 34.2% above its estimated fair value. The current Scaled Net Operating Assets is -0.14. Hrvatska Postanska Banka DD's overall GF Score™ is 58/100 with 8 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 Hrvatska Postanska Banka DD (ZAG:HPB), 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 Hrvatska Postanska Banka DD (ZAG:HPB) Overvalued in 2026?

Based on GuruFocus' analysis, Hrvatska Postanska Banka DD stock appears to be overvalued. The current stock price of €336.00 is trading 34.2% above its estimated GF Value™ of €250.29. GuruFocus considers Hrvatska Postanska Banka DD to be Significantly Overvalued.

Key valuation signals for ZAG:HPB:

  • Scaled Net Operating Assets: -0.14
  • GF Value™: €250.29 vs. price of €336.00 (34.2% above fair value)
  • GF Score™: 58/100 with 8 warning signs

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

Hrvatska Postanska Banka DD Business Description

Address Jurisiceva ulica 4, Zagreb, HRV, 10000
Hrvatska Postanska Banka DD offers loans, deposits, and other transactions and balances to its customers. The company operates in segments including Corporate Banking, Retail Banking, Financial Market, and Other. The firm generates key revenue from the Financial Market segment. It offers HRK and foreign currency savings and savings for children, HPB Combination packages of products for employed persons, retired persons, and students, a wide range of loans for citizens, modern card products, and electronic banking services. The company offers its corporate clients the services of financial consulting, cash management, and asset management.
58GF Score

Get the complete analysis for ZAG:HPB

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

€336.00
Price
€250.29
GF Value