Centuria Industrial REIT (ASX:CIP) Scaled Net Operating Assets: 0.99 (As of Dec. 2025)


ASX:CIP Centuria Industrial REIT ASX:CIP
80 GF Score
Price A$2.99
GF Value A$2.87
Valuation Fairly Valued
! 6 Warning Signs
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What is Centuria Industrial REIT Scaled Net Operating Assets?

Centuria Industrial REIT ASX:CIP +0.67% 80 Scaled Net Operating Assets is 0.99 as of Dec. 2025. GuruFocus rates ASX:CIP with a GF Score™ of 80/100 and a GF Value™ of A$2.87 (Fairly Valued). The stock has 6 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.

Centuria Industrial REIT's operating assets for the quarter that ended in Dec. 2025 was A$3,954.7 Mil. Centuria Industrial REIT's operating liabilities for the quarter that ended in Dec. 2025 was A$84.5 Mil. Centuria Industrial REIT's Total Assets for the quarter that ended in Jun. 2025 was A$3,928.4 Mil. Therefore, Centuria Industrial REIT's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.99.


Centuria Industrial REIT Scaled Net Operating Assets Historical Data

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The historical data trend for Centuria Industrial REIT'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.

Centuria Industrial REIT Scaled Net Operating Assets Chart

Centuria Industrial REIT Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 1.30 0.91 0.97 0.99

Centuria Industrial REIT Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.96 0.98 0.96 1.00 0.99

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

For the REIT - Industrial subindustry, Centuria Industrial REIT'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.


Centuria Industrial REIT Scaled Net Operating Assets vs REITs Industry

For the REITs industry and Real Estate sector, Centuria Industrial REIT's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Centuria Industrial REIT's Scaled Net Operating Assets falls into.


ASX:CIP
80GF Score
Centuria Industrial REIT ASX:CIP
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Centuria Industrial REIT 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.

Centuria Industrial REIT'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 )
=(3913.382-81.939)/3883.419
=0.99

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3928.42 - 15.038
=3913.382

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1441.141 - 1059.202 - 300
=81.939

Centuria Industrial REIT'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 )
=(3954.712-84.467)/3928.42
=0.99

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3974.514 - 19.802
=3954.712

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1507.515 - 991.873 - 431.175
=84.467

* 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 0.99 mean?
Centuria Industrial REIT (ASX:CIP) has a Scaled Net Operating Assets of 0.99 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 Centuria Industrial REIT and its competitors.
Is Centuria Industrial REIT's Scaled Net Operating Assets too high?
Centuria Industrial REIT's current Scaled Net Operating Assets is 0.99. Overall, Centuria Industrial REIT has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Centuria Industrial REIT's Scaled Net Operating Assets compare to PLD and PSA?
Centuria Industrial REIT's Scaled Net Operating Assets of 0.99 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 Centuria Industrial REIT and its competitors. Centuria Industrial REIT's current Scaled Net Operating Assets is 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centuria Industrial REIT stock overvalued right now?
Based on GuruFocus' analysis, Centuria Industrial REIT (ASX:CIP) is currently considered Fairly Valued. The stock's GF Value™ is A$2.87, compared to a current price of A$2.99 — trading 4.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.99. Centuria Industrial REIT'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 Centuria Industrial REIT (ASX:CIP), the current Scaled Net Operating Assets is 0.99 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 Centuria Industrial REIT (ASX:CIP) Overvalued in 2026?

Based on GuruFocus' analysis, Centuria Industrial REIT stock appears to be overvalued. The current stock price of A$2.99 is trading 4.2% above its estimated GF Value™ of A$2.87. GuruFocus considers Centuria Industrial REIT to be Fairly Valued.

Key valuation signals for ASX:CIP:

  • Scaled Net Operating Assets: 0.99
  • GF Value™: A$2.87 vs. price of A$2.99 (4.2% above fair value)
  • GF Score™: 80/100 with 6 warning signs

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


Centuria Industrial REIT Business Description

Industry Real EstateREITs
Address Level 41, 2 Chifley Square, Chifley Tower, Sydney, NSW, AUS, 2000
Centuria Industrial REIT owns a AUD 4 billion portfolio of industrial properties, including distribution centers, manufacturing facilities, and data centers. Melbourne and Sydney are its biggest markets at more than a third of portfolio value each, followed by Brisbane, Perth and Adelaide. The trust is externally managed by Centuria Capital Group (ASX: CNI).
80GF 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$2.99
Price
A$2.87
GF Value