Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios (BSP:ARRI11) Scaled Net Operating Assets: 0.95 (As of Dec. 2025)

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BSP:ARRI11 Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios BSP:ARRI11
51 GF Score
Price R$4.64
GF Value R$7.22
Valuation Possible Value Trap
! 2 Warning Signs
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What is Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios Scaled Net Operating Assets?

Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios BSP:ARRI11 -1.28% 51 Scaled Net Operating Assets is 0.95 as of Dec. 2025. GuruFocus rates BSP:ARRI11 with a GF Score™ of 51/100 and a GF Value™ of R$7.22 (Possible Value Trap). 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.

Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios's operating assets for the quarter that ended in Dec. 2025 was R$172.40 Mil. Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios's operating liabilities for the quarter that ended in Dec. 2025 was R$2.76 Mil. Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios's Total Assets for the quarter that ended in Dec. 2024 was R$177.68 Mil. Therefore, Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.95.

BSP:ARRI11
51GF Score
Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios BSP:ARRI11
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios 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.

Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios'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 )
=(172.404-2.756)/177.68
=0.95

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=175.985 - 3.581
=172.404

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.756 - 0 - 0
=2.756

Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios'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: Dec. 2024 )
=(172.404-2.756)/177.68
=0.95

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=175.985 - 3.581
=172.404

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.756 - 0 - 0
=2.756

* 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?
Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios (BSP:ARRI11) has a Scaled Net Operating Assets of 0.95 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 Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios and its competitors.
Is Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios' Scaled Net Operating Assets too high?
Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios' current Scaled Net Operating Assets is 0.95. Overall, Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios' Scaled Net Operating Assets compare to AVB and EQR?
Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios' 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 Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios and its competitors. Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios'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 Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios stock overvalued right now?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios (BSP:ARRI11) is currently considered Possible Value Trap. The stock's GF Value™ is R$7.22, compared to a current price of R$4.64 — trading 35.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.95. Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios' overall GF Score™ is 51/100 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 Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios (BSP:ARRI11), the current Scaled Net Operating Assets is 0.95 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 Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios (BSP:ARRI11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios stock appears to be undervalued. The current stock price of R$4.64 is trading 35.7% below its estimated GF Value™ of R$7.22. GuruFocus considers Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios to be Possible Value Trap.

Key valuation signals for BSP:ARRI11:

  • Scaled Net Operating Assets: 0.95
  • GF Value™: R$7.22 vs. price of R$4.64 (35.7% below fair value)
  • GF Score™: 51/100 with 2 warning signs

No single metric tells the full story. See the BSP:ARRI11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios Business Description

Industry Real EstateREITs
Address Avenida Das Americas, 3434, Bloco 7, 2nd Floor, GR. 201, Barra da Tijuca, Rio De Janeiro, RJ, BRA, 22640102
Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios is a closed-end fund. The fund's portfolio will consist of financial assets and real estate assets. The target audience for the single class will consist of investors in general, whether individuals or legal entities, residing, domiciled, or headquartered in Brazil, and investment funds, whether or not are qualified investors, in accordance with applicable regulations.
51GF Score

Get the complete analysis for BSP:ARRI11

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

R$4.64
Price
R$7.22
GF Value