Hedge Top Fofii 3 Fundo Investimento Imobiliario (BSP:HFOF11) Scaled Net Operating Assets: 1.14 (As of Dec. 2025)


BSP:HFOF11 Hedge Top Fofii 3 Fundo Investimento Imobiliario BSP:HFOF11
36 GF Score
Price R$6.32
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What is Hedge Top Fofii 3 Fundo Investimento Imobiliario Scaled Net Operating Assets?

Hedge Top Fofii 3 Fundo Investimento Imobiliario BSP:HFOF11 +0.32% 36 Scaled Net Operating Assets is 1.14 as of Dec. 2025. GuruFocus rates BSP:HFOF11 with a GF Score™ of 36/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Hedge Top Fofii 3 Fundo Investimento Imobiliario's operating assets for the quarter that ended in Dec. 2025 was R$1,793.2 Mil. Hedge Top Fofii 3 Fundo Investimento Imobiliario's operating liabilities for the quarter that ended in Dec. 2025 was R$25.8 Mil. Hedge Top Fofii 3 Fundo Investimento Imobiliario's Total Assets for the quarter that ended in Dec. 2024 was R$1,556.3 Mil. Therefore, Hedge Top Fofii 3 Fundo Investimento Imobiliario's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 1.14.

BSP:HFOF11
36GF Score
Hedge Top Fofii 3 Fundo Investimento Imobiliario BSP:HFOF11
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Hedge Top Fofii 3 Fundo Investimento Imobiliario 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.

Hedge Top Fofii 3 Fundo Investimento Imobiliario'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 )
=(1793.227-25.799)/1556.273
=1.14

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1793.229 - 0.002
=1793.227

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=25.799 - 0 - 0
=25.799

Hedge Top Fofii 3 Fundo Investimento Imobiliario'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 )
=(1793.227-25.799)/1556.273
=1.14

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1793.229 - 0.002
=1793.227

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=25.799 - 0 - 0
=25.799

* 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 1.14 mean?
Hedge Top Fofii 3 Fundo Investimento Imobiliario (BSP:HFOF11) has a Scaled Net Operating Assets of 1.14 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 Hedge Top Fofii 3 Fundo Investimento Imobiliario and its competitors.
Is Hedge Top Fofii 3 Fundo Investimento Imobiliario's Scaled Net Operating Assets too high?
Hedge Top Fofii 3 Fundo Investimento Imobiliario's current Scaled Net Operating Assets is 1.14. Overall, Hedge Top Fofii 3 Fundo Investimento Imobiliario has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Hedge Top Fofii 3 Fundo Investimento Imobiliario's Scaled Net Operating Assets compare to EQIX and AMT?
Hedge Top Fofii 3 Fundo Investimento Imobiliario's Scaled Net Operating Assets of 1.14 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 Hedge Top Fofii 3 Fundo Investimento Imobiliario and its competitors. Hedge Top Fofii 3 Fundo Investimento Imobiliario's current Scaled Net Operating Assets is 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Top Fofii 3 Fundo Investimento Imobiliario stock overvalued right now?
Hedge Top Fofii 3 Fundo Investimento Imobiliario (BSP:HFOF11) has a current Scaled Net Operating Assets of 1.14. The current Scaled Net Operating Assets is 1.14. Hedge Top Fofii 3 Fundo Investimento Imobiliario's overall GF Score™ is 36/100. 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 Hedge Top Fofii 3 Fundo Investimento Imobiliario (BSP:HFOF11), the current Scaled Net Operating Assets is 1.14 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.

Hedge Top Fofii 3 Fundo Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Avenida Horacio Lafer, 160, No. 9 Andar, Itaim Bibi, Sao Paulo, SP, BRA, 04538-080
Hedge Top Fofii 3 Fundo Investimento Imobiliario is a real estate investment trust. It is engaged in agribusiness and variable income, from the operations of the Hedging-Griffo brokerage firm to the development of the agricultural commodities trading desk and effective participation in the creation of titles such as CPR and CDA / WA.
36GF Score

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