AGRAM BANKA dionicko drustvo (ZAG:KBZ) Scaled Net Operating Assets: -0.01 (As of Mar. 2026)


ZAG:KBZ AGRAM BANKA dionicko drustvo ZAG:KBZ
79 GF Score
Price €38.00
GF Value €35.61
Valuation Fairly Valued
! 4 Warning Signs
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What is AGRAM BANKA dionicko drustvo Scaled Net Operating Assets?

AGRAM BANKA dionicko drustvo ZAG:KBZ 79 Scaled Net Operating Assets is -0.01 as of Mar. 2026. GuruFocus rates ZAG:KBZ with a GF Score™ of 79/100 and a GF Value™ of €35.61 (Fairly Valued). The stock has 4 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.

AGRAM BANKA dionicko drustvo's operating assets for the quarter that ended in Mar. 2026 was €526.23 Mil. AGRAM BANKA dionicko drustvo's operating liabilities for the quarter that ended in Mar. 2026 was €532.09 Mil. AGRAM BANKA dionicko drustvo's Total Assets for the quarter that ended in Dec. 2025 was €638.57 Mil. Therefore, AGRAM BANKA dionicko drustvo's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.01.

ZAG:KBZ
79GF Score
AGRAM BANKA dionicko drustvo ZAG:KBZ
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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AGRAM BANKA dionicko drustvo 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.

AGRAM BANKA dionicko drustvo'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 )
=(502.288-543.846)/631.39
=-0.07

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=638.568 - 136.28
=502.288

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=565.701 - 21.855 - 0
=543.846

AGRAM BANKA dionicko drustvo'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 )
=(526.228-532.087)/638.568
=-0.01

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=613.446 - 87.218
=526.228

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=539.242 - 7.155 - 0
=532.087

* 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 -0.01 mean?
AGRAM BANKA dionicko drustvo (ZAG:KBZ) has a Scaled Net Operating Assets of -0.01 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 AGRAM BANKA dionicko drustvo and its competitors.
Is AGRAM BANKA dionicko drustvo's Scaled Net Operating Assets too high?
AGRAM BANKA dionicko drustvo's current Scaled Net Operating Assets is -0.01. Overall, AGRAM BANKA dionicko drustvo has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AGRAM BANKA dionicko drustvo's Scaled Net Operating Assets compare to PNC and USB?
AGRAM BANKA dionicko drustvo's Scaled Net Operating Assets of -0.01 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 AGRAM BANKA dionicko drustvo and its competitors. AGRAM BANKA dionicko drustvo's current Scaled Net Operating Assets is -0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AGRAM BANKA dionicko drustvo stock overvalued right now?
Based on GuruFocus' analysis, AGRAM BANKA dionicko drustvo (ZAG:KBZ) is currently considered Fairly Valued. The stock's GF Value™ is €35.61, compared to a current price of €38.00 — trading 6.7% above its estimated fair value. The current Scaled Net Operating Assets is -0.01. AGRAM BANKA dionicko drustvo's overall GF Score™ is 79/100 with 4 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 AGRAM BANKA dionicko drustvo (ZAG:KBZ), the current Scaled Net Operating Assets is -0.01 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 AGRAM BANKA dionicko drustvo (ZAG:KBZ) Overvalued in 2026?

Based on GuruFocus' analysis, AGRAM BANKA dionicko drustvo stock appears to be overvalued. The current stock price of €38.00 is trading 6.7% above its estimated GF Value™ of €35.61. GuruFocus considers AGRAM BANKA dionicko drustvo to be Fairly Valued.

Key valuation signals for ZAG:KBZ:

  • Scaled Net Operating Assets: -0.01
  • GF Value™: €35.61 vs. price of €38.00 (6.7% above fair value)
  • GF Score™: 79/100 with 4 warning signs

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

AGRAM BANKA dionicko drustvo Business Description

Address Ulica Grada Vukovara 74, Zagreb, HRV, 10000
AGRAM BANKA dionicko drustvo provides banking services. The company's operating segment includes Business banking; Retail banking; and Treasury. It generates maximum revenue from Business banking which entails loan guarantees and deposit operations, card operations, and other transactions with clients who are legal entities. Geographically, it has a presence in Germany; Italy; Croatia; Austria; the United States of America, and Spain.
79GF Score

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

€38.00
Price
€35.61
GF Value