BAM (Brookfield Asset Management) Scaled Net Operating Assets: 0.82 (As of Mar. 2026)


BAM Brookfield Asset Management Ltd BAM
62 GF Score
Price $45.10
GF Value $55.97
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Brookfield Asset Management Scaled Net Operating Assets?

Brookfield Asset Management BAM -3.97% 62 Scaled Net Operating Assets is 0.82 as of Mar. 2026. GuruFocus rates BAM with a GF Score™ of 62/100 and a GF Value™ of $55.97 (Modestly Undervalued). The stock has 2 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.

Brookfield Asset Management's operating assets for the quarter that ended in Mar. 2026 was $16,841 Mil. Brookfield Asset Management's operating liabilities for the quarter that ended in Mar. 2026 was $2,876 Mil. Brookfield Asset Management's Total Assets for the quarter that ended in Dec. 2025 was $17,047 Mil. Therefore, Brookfield Asset Management's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.82.


Brookfield Asset Management Scaled Net Operating Assets Historical Data

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The historical data trend for Brookfield Asset Management'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.

Brookfield Asset Management Scaled Net Operating Assets Chart

Brookfield Asset Management Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.75 0.74 3.72 0.87

Brookfield Asset Management Quarterly Data
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 0.79 0.79 0.77 0.75 0.82

BAM vs BLK, BX, KKR: Scaled Net Operating Assets Comparison

For the Asset Management subindustry, Brookfield Asset Management'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.


Brookfield Asset Management Scaled Net Operating Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Brookfield Asset Management's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Brookfield Asset Management's Scaled Net Operating Assets falls into.


BAM
62GF Score
Brookfield Asset Management Ltd BAM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Brookfield Asset Management 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.

Brookfield Asset Management'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 )
=(15464-3115)/14157
=0.87

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=17047 - 1583
=15464

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6737 - 3160 - 462
=3115

Brookfield Asset Management'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 )
=(16841-2876)/17047
=0.82

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=17937 - 1096
=16841

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6702 - 3826 - 0
=2876

* 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 0.82 mean?
Brookfield Asset Management (BAM) has a Scaled Net Operating Assets of 0.82 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 Brookfield Asset Management and its competitors.
Is Brookfield Asset Management's Scaled Net Operating Assets too high?
Brookfield Asset Management's current Scaled Net Operating Assets is 0.82. Overall, Brookfield Asset Management has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Brookfield Asset Management's Scaled Net Operating Assets compare to BLK and BX?
Brookfield Asset Management's Scaled Net Operating Assets of 0.82 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Brookfield Asset Management and its competitors. Brookfield Asset Management's current Scaled Net Operating Assets is 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brookfield Asset Management stock overvalued right now?
Based on GuruFocus' analysis, Brookfield Asset Management (BAM) is currently considered Modestly Undervalued. The stock's GF Value™ is $55.97, compared to a current price of $45.10 — trading 19.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.82. Brookfield Asset Management's overall GF Score™ is 62/100 with 2 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 Brookfield Asset Management (BAM), the current Scaled Net Operating Assets is 0.82 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 Brookfield Asset Management (BAM) Overvalued in 2026?

Based on GuruFocus' analysis, Brookfield Asset Management stock appears to be undervalued. The current stock price of $45.10 is trading 19.4% below its estimated GF Value™ of $55.97. GuruFocus considers Brookfield Asset Management to be Modestly Undervalued.

Key valuation signals for BAM:

  • Scaled Net Operating Assets: 0.82
  • GF Value™: $55.97 vs. price of $45.10 (19.4% below fair value)
  • GF Score™: 62/100 with 2 warning signs

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


Brookfield Asset Management Business Description

Other Exchanges RW5:GermanyBAM:Canada
Address 225 Liberty Street, 8th Floor, New York, NY, USA, 10281-1048
Brookfield Asset Management is one of the world's largest alternative-asset managers, with USD 1.181 trillion in total managed assets, including USD 602.7 billion in fee-earning AUM, at the end of 2025. The company has three main business segments: credit strategies (USD 363.0 billion in total AUM and USD 279.4 billion in fee-earning AUM), private equity (USD 155.0 billion/USD 48.0 billion), and real estate/real assets (USD 663.0 billion/USD 275.3 billion). The firm primarily serves institutional investors (90% of AUM) and high-net-worth individuals (10%), and is diversified globally, with 67% of revenue from the Americas, 20% from EMEA, and 13% from Asia-Pacific. Canada-based Brookfield Corp. owns 73% of Brookfield's outstanding Class A shares.
62GF 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.

$45.10
Price
$55.97
GF Value