Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario (BSP:PMFO11) Scaled Net Operating Assets: 1.08 (As of Dec. 2025)


BSP:PMFO11 Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario BSP:PMFO11
9 GF Score
Price R$86.86
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What is Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario Scaled Net Operating Assets?

Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario BSP:PMFO11 9 Scaled Net Operating Assets is 1.08 as of Dec. 2025. GuruFocus rates BSP:PMFO11 with a GF Score™ of 9/100. The stock has 1 warning sign investors should review.

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

Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's operating assets for the quarter that ended in Dec. 2025 was R$86.98 Mil. Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's operating liabilities for the quarter that ended in Dec. 2025 was R$0.01 Mil. Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's Total Assets for the quarter that ended in Dec. 2024 was R$80.78 Mil. Therefore, Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 1.08.

BSP:PMFO11
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Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario BSP:PMFO11
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Speciale Real Estate Fund of Funds 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.

Speciale Real Estate Fund of Funds 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 )
=(86.976-0.005)/80.775
=1.08

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=88.517 - 1.541
=86.976

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.005 - 0 - 0
=0.005

Speciale Real Estate Fund of Funds 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 )
=(86.976-0.005)/80.775
=1.08

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=88.517 - 1.541
=86.976

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.005 - 0 - 0
=0.005

* 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 1.08 mean?
Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario (BSP:PMFO11) has a Scaled Net Operating Assets of 1.08 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 Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario and its competitors.
Is Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's Scaled Net Operating Assets too high?
Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's current Scaled Net Operating Assets is 1.08. Overall, Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's Scaled Net Operating Assets compare to BLK and BX?
Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's Scaled Net Operating Assets of 1.08 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 Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario and its competitors. Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's current Scaled Net Operating Assets is 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario stock overvalued right now?
Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario (BSP:PMFO11) has a current Scaled Net Operating Assets of 1.08. The current Scaled Net Operating Assets is 1.08. Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's overall GF Score™ is 9/100 with 1 warning sign 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 Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario (BSP:PMFO11), the current Scaled Net Operating Assets is 1.08 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.

Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario Business Description

Address Avenida Paulista 1793, São Paulo, SP, BRA, CEP 1311200
Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario is a fund classified as an Active Management FII and is intended to business segment which is Bonds and Securities. The purpose of the FUND is to invest in following securities, subject to the requirements and provisions relating to the investments contained in the Regulation shares of other real estate investment funds (FII), primarily mortgage bills (LH), real estate letters of credit (LCI),real estate receivables.
9GF Score

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R$86.86
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