AZRGF (Azrieli Group) Scaled Net Operating Assets: 0.80 (As of Mar. 2026)


AZRGF Azrieli Group Ltd AZRGF
67 GF Score
Price $143.07
GF Value $108.98
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Azrieli Group Scaled Net Operating Assets?

Azrieli Group AZRGF 67 Scaled Net Operating Assets is 0.80 as of Mar. 2026. GuruFocus rates AZRGF with a GF Score™ of 67/100 and a GF Value™ of $108.98 (Significantly Overvalued). 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.

Azrieli Group's operating assets for the quarter that ended in Mar. 2026 was $20,727 Mil. Azrieli Group's operating liabilities for the quarter that ended in Mar. 2026 was $3,539 Mil. Azrieli Group's Total Assets for the quarter that ended in Dec. 2025 was $21,450 Mil. Therefore, Azrieli Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.80.


Azrieli Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Azrieli 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.

Azrieli Group Scaled Net Operating Assets Chart

Azrieli 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 0.94 0.90 0.85 0.83 0.87

Azrieli 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 0.80 0.80 0.85 0.80 0.80

AZRGF vs CBRE, BEKE, JLL: Scaled Net Operating Assets Comparison

For the Real Estate Services subindustry, Azrieli 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.


Azrieli Group Scaled Net Operating Assets vs Real Estate Industry

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

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


AZRGF
67GF Score
Azrieli Group Ltd AZRGF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Azrieli 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.

Azrieli 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 )
=(20158.855-3185.534)/19547.459
=0.87

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21450.142 - 1291.287
=20158.855

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12907.808 - 8803.493 - 918.781
=3185.534

Azrieli 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 )
=(20727.061-3538.808)/21450.142
=0.80

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=22076.721 - 1349.66
=20727.061

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13182.126 - 8697.207 - 946.111
=3538.808

* 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 0.80 mean?
Azrieli Group (AZRGF) has a Scaled Net Operating Assets of 0.80 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 Azrieli Group and its competitors.
Is Azrieli Group's Scaled Net Operating Assets too high?
Azrieli Group's current Scaled Net Operating Assets is 0.80. Overall, Azrieli Group has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Azrieli Group's Scaled Net Operating Assets compare to CBRE and BEKE?
Azrieli Group's Scaled Net Operating Assets of 0.80 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 Azrieli Group and its competitors. Azrieli Group's current Scaled Net Operating Assets is 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azrieli Group stock overvalued right now?
Based on GuruFocus' analysis, Azrieli Group (AZRGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $108.98, compared to a current price of $143.07 — trading 31.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.80. Azrieli Group's overall GF Score™ is 67/100 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 Azrieli Group (AZRGF), the current Scaled Net Operating Assets is 0.80 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 Azrieli Group (AZRGF) Overvalued in 2026?

Based on GuruFocus' analysis, Azrieli Group stock appears to be overvalued. The current stock price of $143.07 is trading 31.3% above its estimated GF Value™ of $108.98. GuruFocus considers Azrieli Group to be Significantly Overvalued.

Key valuation signals for AZRGF:

  • Scaled Net Operating Assets: 0.80
  • GF Value™: $108.98 vs. price of $143.07 (31.3% above fair value)
  • GF Score™: 67/100 with 4 warning signs

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


Azrieli Group Business Description

Other Exchanges AZRG:Israel
Address 1 Azrieli Center, Tel Aviv, ISR, 6702101
Azrieli Group Ltd manages and operates companies that own properties across Israel, subsidiaries in the energy, water, and environment industries, a card company, and a bank. The company's income-producing properties include shopping malls, office towers, industrial buildings, and residential properties. In addition to owning properties in Israel, the portfolio consists of a minor number of international properties. Under the energy business, holdings include marketing and distribution of refined oil and water desalination, wastewater purification, and sludge treatment facilities.
67GF Score

Get the complete analysis for AZRGF

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$143.07
Price
$108.98
GF Value