Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Activia Properties's operating assets for the quarter that ended in Nov. 2025 was $3,510.4 Mil. Activia Properties's operating liabilities for the quarter that ended in Nov. 2025 was $184.2 Mil. Activia Properties's Total Assets for the quarter that ended in May. 2025 was $3,866.0 Mil. Therefore, Activia Properties's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2025 was 0.86.
Activia Properties Scaled Net Operating Assets Related Terms
Activia Properties Scaled Net Operating Assets Historical Data
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The historical data trend for Activia Properties'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.
Activia Properties Scaled Net Operating Assets Chart
ATVXF vs VICI, WPC: Scaled Net Operating Assets Comparison
For the REIT - Diversified subindustry, Activia Properties'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.
Activia Properties Scaled Net Operating Assets vs REITs Industry
For the REITs industry and Real Estate sector, Activia Properties's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Activia Properties'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 0.86 mean?
Activia Properties (ATVXF) has a Scaled Net Operating Assets of 0.86 as of Nov. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Activia Properties and its competitors.
Is Activia Properties' Scaled Net Operating Assets too high?
Activia Properties' current Scaled Net Operating Assets is 0.86. Overall, Activia Properties has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Activia Properties' Scaled Net Operating Assets compare to VICI and WPC?
Activia Properties' Scaled Net Operating Assets of 0.86 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 Activia Properties and its competitors. Activia Properties's current Scaled Net Operating Assets is 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Activia Properties stock overvalued right now?
Activia Properties (ATVXF) has a current Scaled Net Operating Assets of 0.86. The stock's GF Value™ is $875.03, compared to a current price of $915.33 — trading 4.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.86. Activia Properties' overall GF Score™ is 69/100 with 10 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 Activia Properties (ATVXF), the current Scaled Net Operating Assets is 0.86 as of Nov. 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 Activia Properties (ATVXF) Overvalued in 2026?
Based on GuruFocus' analysis, Activia Properties stock appears to be overvalued.
The current stock price of $915.33 is trading 4.6% above its estimated GF Value™ of $875.03.
Key valuation signals for ATVXF:
Scaled Net Operating Assets: 0.86
GF Value™: $875.03 vs. price of $915.33 (4.6% above fair value)
No single metric tells the full story. See the ATVXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Activia Properties Inc, or API, is a Japanese real estate investment trust principally involved in the ownership of properties in the Greater Tokyo area. The majority of these properties are either urban retail units near train stations, corporate office properties, or other popular areas in Tokyo. API derives the vast majority of its income in the form of rental revenue from its real estate holdings. Its urban retail properties encompass the larger overall share of these holdings. The company's tenants include the Tokyu Land Corporation, a Japanese railway operator. Tokyu Land Corp is also the controlling shareholder of the firm that works with Activia through an asset management agreement, TLC Activia Investment Management Inc.
69GF Score
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