Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Saul Centers's operating assets for the quarter that ended in Mar. 2026 was $2,147.5 Mil. Saul Centers's operating liabilities for the quarter that ended in Mar. 2026 was $85.8 Mil. Saul Centers's Total Assets for the quarter that ended in Dec. 2025 was $2,162.7 Mil. Therefore, Saul Centers's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.95.
Saul Centers Scaled Net Operating Assets Related Terms
Saul Centers Scaled Net Operating Assets Historical Data
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The historical data trend for Saul Centers'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.
BFS vs WSR, ALX, PINE: Scaled Net Operating Assets Comparison
For the REIT - Retail subindustry, Saul Centers'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.
Saul Centers Scaled Net Operating Assets vs REITs Industry
For the REITs industry and Real Estate sector, Saul Centers's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Saul Centers'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 0.95 mean?
Saul Centers (BFS) has a Scaled Net Operating Assets of 0.95 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 Saul Centers and its competitors.
Is Saul Centers' Scaled Net Operating Assets too high?
Saul Centers' current Scaled Net Operating Assets is 0.95. Overall, Saul Centers has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Saul Centers' Scaled Net Operating Assets compare to WSR and ALX?
Saul Centers' Scaled Net Operating Assets of 0.95 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 Saul Centers and its competitors. Saul Centers's current Scaled Net Operating Assets is 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saul Centers stock overvalued right now?
Based on GuruFocus' analysis, Saul Centers (BFS) is currently considered Modestly Undervalued. The stock's GF Value™ is $41.81, compared to a current price of $37.07 — trading 11.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.95. Saul Centers' overall GF Score™ is 77/100 with 9 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 Saul Centers (BFS), the current Scaled Net Operating Assets is 0.95 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 Saul Centers (BFS) Overvalued in 2026?
Based on GuruFocus' analysis, Saul Centers stock appears to be undervalued.
The current stock price of $37.07 is trading 11.3% below its estimated GF Value™ of $41.81.
GuruFocus considers Saul Centers to be Modestly Undervalued.
Key valuation signals for BFS:
Scaled Net Operating Assets: 0.95
GF Value™: $41.81 vs. price of $37.07 (11.3% below fair value)
No single metric tells the full story. See the BFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saul Centers Inc is a self-managed real estate investment trust which invests in, operates and develops retail and commercial properties. The company's portfolio includes community and neighbourhood shopping centres, office properties, and mixed-use properties. Properties are located in the Washington, D.C. and Batlimore metropolitan areas. Saul Centers operates through two business segments: Shopping Centers segment, which contribute the maximum portion of total revenue; and mixed-use properties.Mixed-Use Properties segment include office, retail and multi-family residential use.
77GF Score
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