Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
BWP Group's operating assets for the quarter that ended in Dec. 2025 was A$4,051.5 Mil. BWP Group's operating liabilities for the quarter that ended in Dec. 2025 was A$96.0 Mil. BWP Group's Total Assets for the quarter that ended in Jun. 2025 was A$3,745.9 Mil. Therefore, BWP Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 1.06.
BWP Group Scaled Net Operating Assets Related Terms
BWP Group Scaled Net Operating Assets Historical Data
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The historical data trend for BWP 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.
ASX:BWP vs PLD, PSA, EXR: Scaled Net Operating Assets Comparison
For the REIT - Industrial subindustry, BWP 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.
BWP Group Scaled Net Operating Assets vs REITs Industry
For the REITs industry and Real Estate sector, BWP Group's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where BWP Group's Scaled Net Operating Assets falls into.
* 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 1.06 mean?
BWP Group (ASX:BWP) has a Scaled Net Operating Assets of 1.06 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 BWP Group and its competitors.
Is BWP Group's Scaled Net Operating Assets too high?
BWP Group's current Scaled Net Operating Assets is 1.06. Overall, BWP Group has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BWP Group's Scaled Net Operating Assets compare to PLD and PSA?
BWP Group's Scaled Net Operating Assets of 1.06 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 BWP Group and its competitors. BWP Group's current Scaled Net Operating Assets is 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BWP Group stock overvalued right now?
Based on GuruFocus' analysis, BWP Group (ASX:BWP) is currently considered Fairly Valued. The stock's GF Value™ is A$3.94, compared to a current price of A$3.96 — trading 0.5% above its estimated fair value. The current Scaled Net Operating Assets is 1.06. BWP Group's overall GF Score™ is 80/100 with 6 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 BWP Group (ASX:BWP), the current Scaled Net Operating Assets is 1.06 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 BWP Group (ASX:BWP) Overvalued in 2026?
Based on GuruFocus' analysis, BWP Group stock appears to be overvalued.
The current stock price of A$3.96 is trading 0.5% above its estimated GF Value™ of A$3.94.
GuruFocus considers BWP Group to be Fairly Valued.
Key valuation signals for ASX:BWP:
Scaled Net Operating Assets: 1.06
GF Value™: A$3.94 vs. price of A$3.96 (0.5% above fair value)
No single metric tells the full story. See the ASX:BWP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BWP Group is an Australian REIT focused on owning warehouse or bulky goods retailing properties with relatively large sites and high visibility and access to arterial roads. The portfolio of properties it owns is diversified across most Australian states and is on long-term leases to Australia's dominant home improvement chain: Bunnings Group. Bunnings is a wholly owned subsidiary of Wesfarmers, a top-10 ASX-listed company by market capitalization. Wesfarmers owns 23% of BWP units.
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