Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) Scaled Net Operating Assets: 0.83 (As of Dec. 2025)


BSP:HOFC11 Hedge Office Income Fundo De Investimento Imobiliario BSP:HOFC11
55 GF Score
Price R$33.75
GF Value R$22.43
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Hedge Officeome Fundo De Investimento Imobiliario Scaled Net Operating Assets?

Hedge Officeome Fundo De Investimento Imobiliario BSP:HOFC11 -2.99% 55 Scaled Net Operating Assets is 0.83 as of Dec. 2025. GuruFocus rates BSP:HOFC11 with a GF Score™ of 55/100 and a GF Value™ of R$22.43 (Significantly Overvalued). The stock has 9 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.

Hedge Officeome Fundo De Investimento Imobiliario's operating assets for the quarter that ended in Dec. 2025 was R$254.10 Mil. Hedge Officeome Fundo De Investimento Imobiliario's operating liabilities for the quarter that ended in Dec. 2025 was R$0.16 Mil. Hedge Officeome Fundo De Investimento Imobiliario's Total Assets for the quarter that ended in Dec. 2024 was R$305.83 Mil. Therefore, Hedge Officeome Fundo De Investimento Imobiliario's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.83.


Hedge Officeome Fundo De Investimento Imobiliario Scaled Net Operating Assets Historical Data

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The historical data trend for Hedge Officeome Fundo De Investimento Imobiliario'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.

Hedge Officeome Fundo De Investimento Imobiliario Scaled Net Operating Assets Chart

Hedge Officeome Fundo De Investimento Imobiliario Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.85 0.98 0.80 0.94 0.83

Hedge Officeome Fundo De Investimento Imobiliario Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial 0.85 0.98 0.80 0.94 0.83

BSP:HOFC11 vs BXP, ARE, VNO: Scaled Net Operating Assets Comparison

For the REIT - Office subindustry, Hedge Officeome Fundo De Investimento Imobiliario'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.


Hedge Officeome Fundo De Investimento Imobiliario Scaled Net Operating Assets vs REITs Industry

For the REITs industry and Real Estate sector, Hedge Officeome Fundo De Investimento Imobiliario's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Hedge Officeome Fundo De Investimento Imobiliario's Scaled Net Operating Assets falls into.


BSP:HOFC11
55GF Score
Hedge Office Income Fundo De Investimento Imobiliario BSP:HOFC11
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Hedge Officeome Fundo De 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 Officeome Fundo De 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 )
=(254.102-0.16)/305.827
=0.83

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=273.833 - 19.731
=254.102

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=53.462 - 45.206 - 8.096
=0.16

Hedge Officeome Fundo De 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 )
=(254.102-0.16)/305.827
=0.83

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=273.833 - 19.731
=254.102

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=53.462 - 45.206 - 8.096
=0.16

* 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 0.83 mean?
Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) has a Scaled Net Operating Assets of 0.83 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 Officeome Fundo De Investimento Imobiliario and its competitors.
Is Hedge Officeome Fundo De Investimento Imobiliario's Scaled Net Operating Assets too high?
Hedge Officeome Fundo De Investimento Imobiliario's current Scaled Net Operating Assets is 0.83. Overall, Hedge Officeome Fundo De Investimento Imobiliario has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hedge Officeome Fundo De Investimento Imobiliario's Scaled Net Operating Assets compare to BXP and ARE?
Hedge Officeome Fundo De Investimento Imobiliario's Scaled Net Operating Assets of 0.83 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 Officeome Fundo De Investimento Imobiliario and its competitors. Hedge Officeome Fundo De Investimento Imobiliario's current Scaled Net Operating Assets is 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Officeome Fundo De Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) is currently considered Significantly Overvalued. The stock's GF Value™ is R$22.43, compared to a current price of R$33.75 — trading 50.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.83. Hedge Officeome Fundo De Investimento Imobiliario's overall GF Score™ is 55/100 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 Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11), the current Scaled Net Operating Assets is 0.83 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 Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) Overvalued in 2026?

Based on GuruFocus' analysis, Hedge Officeome Fundo De Investimento Imobiliario stock appears to be overvalued. The current stock price of R$33.75 is trading 50.5% above its estimated GF Value™ of R$22.43. GuruFocus considers Hedge Officeome Fundo De Investimento Imobiliario to be Significantly Overvalued.

Key valuation signals for BSP:HOFC11:

  • Scaled Net Operating Assets: 0.83
  • GF Value™: R$22.43 vs. price of R$33.75 (50.5% above fair value)
  • GF Score™: 55/100 with 9 warning signs

No single metric tells the full story. See the BSP:HOFC11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hedge Officeome Fundo De Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Avenida Brigadeiro Faria Lima, 3600, 11th Floor, cj 112 - Itaim Bibi, Sao Paulo, SP, BRA, 04538-132
Hedge Office Income Fundo De Investimento Imobiliario operates as a corporate Real Estate Fund .The objective of the Fund is to obtain income and capital gains to be obtained through the exploration of a or more real estate projects, aimed at the office segment including slabs and corporate buildings being certain that in such office developments there may be certain properties intended for commercial, retail activities.
55GF Score

Get the complete analysis for BSP:HOFC11

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

R$33.75
Price
R$22.43
GF Value