Abacus Storage King (ASX:ASK) Scaled Net Operating Assets: 0.97 (As of Dec. 2025)


ASX:ASK Abacus Storage King ASX:ASK
41 GF Score
Price A$1.37
GF Value A$1.53
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Abacus Storage King Scaled Net Operating Assets?

Abacus Storage King ASX:ASK -0.36% 41 Scaled Net Operating Assets is 0.97 as of Dec. 2025. GuruFocus rates ASX:ASK with a GF Score™ of 41/100 and a GF Value™ of A$1.53 (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.

Abacus Storage King's operating assets for the quarter that ended in Dec. 2025 was A$3,640.3 Mil. Abacus Storage King's operating liabilities for the quarter that ended in Dec. 2025 was A$120.3 Mil. Abacus Storage King's Total Assets for the quarter that ended in Jun. 2025 was A$3,614.0 Mil. Therefore, Abacus Storage King's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.97.


Abacus Storage King Scaled Net Operating Assets Historical Data

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The historical data trend for Abacus Storage King'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.

Abacus Storage King Scaled Net Operating Assets Chart

Abacus Storage King Annual Data
Trend Jun21 Jun22 Jun24 Jun25
Scaled Net Operating Assets
0.83 1.08 5.25 1.04

Abacus Storage King Semi-Annual Data
Jun21 Jun22 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial 0.97 0.94 0.95 1.03 0.97

ASX:ASK vs PLD, PSA, EXR: Scaled Net Operating Assets Comparison

For the REIT - Industrial subindustry, Abacus Storage King'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.


Abacus Storage King Scaled Net Operating Assets vs REITs Industry

For the REITs industry and Real Estate sector, Abacus Storage King's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Abacus Storage King's Scaled Net Operating Assets falls into.


ASX:ASK
41GF Score
Abacus Storage King ASX:ASK
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Abacus Storage King 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.

Abacus Storage King's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(3494.492-137.431)/3231.563
=1.04

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3613.993 - 119.501
=3494.492

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1284.411 - 1145.869 - 1.111
=137.431

Abacus Storage King'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 )
=(3640.322-120.332)/3613.993
=0.97

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3712.285 - 71.963
=3640.322

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1359.006 - 1237.551 - 1.123
=120.332

* 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 0.97 mean?
Abacus Storage King (ASX:ASK) has a Scaled Net Operating Assets of 0.97 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 Abacus Storage King and its competitors.
Is Abacus Storage King's Scaled Net Operating Assets too high?
Abacus Storage King's current Scaled Net Operating Assets is 0.97. Overall, Abacus Storage King has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Abacus Storage King's Scaled Net Operating Assets compare to PLD and PSA?
Abacus Storage King's Scaled Net Operating Assets of 0.97 can be compared against companies in the REITs 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 REITs company?
A good Scaled Net Operating Assets depends on the REITs 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 Abacus Storage King and its competitors. Abacus Storage King's current Scaled Net Operating Assets is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abacus Storage King stock overvalued right now?
Based on GuruFocus' analysis, Abacus Storage King (ASX:ASK) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.53, compared to a current price of A$1.37 — trading 10.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.97. Abacus Storage King's overall GF Score™ is 41/100 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 Abacus Storage King (ASX:ASK), the current Scaled Net Operating Assets is 0.97 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 Abacus Storage King (ASX:ASK) Overvalued in 2026?

Based on GuruFocus' analysis, Abacus Storage King stock appears to be undervalued. The current stock price of A$1.37 is trading 10.5% below its estimated GF Value™ of A$1.53. GuruFocus considers Abacus Storage King to be Modestly Undervalued.

Key valuation signals for ASX:ASK:

  • Scaled Net Operating Assets: 0.97
  • GF Value™: A$1.53 vs. price of A$1.37 (10.5% below fair value)
  • GF Score™: 41/100 with 4 warning signs

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


Abacus Storage King Business Description

Industry Real EstateREITs
Address 77 Castlereagh Street, Level 13, Sydney, NSW, AUS, 2000
Abacus Storage King is a self-storage REIT. It owns, operates, and manages a self-storage operating platform and an investment portfolio comprising self-storage properties and other investments across Australia and New Zealand.
41GF 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.

A$1.37
Price
A$1.53
GF Value