ASGTF (Altus Group) Scaled Net Operating Assets: 0.29 (As of Mar. 2026)


ASGTF Altus Group Ltd ASGTF
56 GF Score
Price $31.53
GF Value $38.09
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Altus Group Scaled Net Operating Assets?

Altus Group ASGTF 56 Scaled Net Operating Assets is 0.29 as of Mar. 2026. GuruFocus rates ASGTF with a GF Score™ of 56/100 and a GF Value™ of $38.09 (Modestly Undervalued). 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.

Altus Group's operating assets for the quarter that ended in Mar. 2026 was $584.8 Mil. Altus Group's operating liabilities for the quarter that ended in Mar. 2026 was $324.6 Mil. Altus Group's Total Assets for the quarter that ended in Dec. 2025 was $906.3 Mil. Therefore, Altus Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.29.


Altus Group Scaled Net Operating Assets Historical Data

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The historical data trend for Altus Group's Scaled Net Operating Assets can be seen below:

* 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.

Altus Group Scaled Net Operating Assets Chart

Altus Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 0.73 0.73 0.69 0.19

Altus Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.46 0.48 0.50 0.19 0.29

ASGTF vs CBRE, BEKE: Scaled Net Operating Assets Comparison

For the Real Estate Services subindustry, Altus Group's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Altus Group Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Altus Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Altus Group's Scaled Net Operating Assets falls into.


ASGTF
56GF Score
Altus Group Ltd ASGTF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Altus Group 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.

Altus Group'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 )
=(601.39-432.385)/878.052
=0.19

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=906.348 - 304.958
=601.39

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=573.709 - 133.188 - 8.136
=432.385

Altus Group'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 )
=(584.761-324.639)/906.348
=0.29

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=769.272 - 184.511
=584.761

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=476.757 - 14.041 - 138.077
=324.639

* 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 0.29 mean?
Altus Group (ASGTF) has a Scaled Net Operating Assets of 0.29 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 Altus Group and its competitors.
Is Altus Group's Scaled Net Operating Assets too high?
Altus Group's current Scaled Net Operating Assets is 0.29. Overall, Altus Group has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Altus Group's Scaled Net Operating Assets compare to CBRE and BEKE?
Altus Group's Scaled Net Operating Assets of 0.29 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Altus Group and its competitors. Altus Group's current Scaled Net Operating Assets is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altus Group stock overvalued right now?
Based on GuruFocus' analysis, Altus Group (ASGTF) is currently considered Modestly Undervalued. The stock's GF Value™ is $38.09, compared to a current price of $31.53 — trading 17.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.29. Altus Group's overall GF Score™ is 56/100 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 Altus Group (ASGTF), the current Scaled Net Operating Assets is 0.29 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 Altus Group (ASGTF) Overvalued in 2026?

Based on GuruFocus' analysis, Altus Group stock appears to be undervalued. The current stock price of $31.53 is trading 17.2% below its estimated GF Value™ of $38.09. GuruFocus considers Altus Group to be Modestly Undervalued.

Key valuation signals for ASGTF:

  • Scaled Net Operating Assets: 0.29
  • GF Value™: $38.09 vs. price of $31.53 (17.2% below fair value)
  • GF Score™: 56/100 with 4 warning signs

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


Altus Group Business Description

Other Exchanges AIF:Canada
Address 33 Yonge Street, Suite 810, Toronto, ON, CAN, M5E 1G4
Altus Group Ltd is a provider of asset and fund intelligence for commercial real estate. The company delivers intelligence as a service to its clients through a connected platform of technology, analytics, and advisory services. The various services provided by the company include valuation advisory, property appraisals, development advisory, quantity surveying, and others, and the different software products offered include Forbury, ARGUS Intelligence, Reonomy, and Altus Data Studio, among others. The company's reportable segments are Analytics and Appraisals, and Development Advisory. Maximum revenue is generated from its Analytics segment, whose portfolio includes software, data analytics, market data, Valuation Management Solutions (VMS), and technology consulting services.
56GF 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.

$31.53
Price
$38.09
GF Value