Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade (BSP:SMRE11) Scaled Net Operating Assets: 2.36 (As of Jun. 2025)

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BSP:SMRE11 Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade Ltd BSP:SMRE11
7 GF Score
Price R$56.09
! 2 Warning Signs
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What is Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade Scaled Net Operating Assets?

Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade BSP:SMRE11 +1.85% 7 Scaled Net Operating Assets is 2.36 as of Jun. 2025. GuruFocus rates BSP:SMRE11 with a GF Score™ of 7/100. 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 Invest Imobiliario Smart Real Estate Fii Responsabilidade's operating assets for the quarter that ended in Jun. 2025 was R$105.85 Mil. Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's operating liabilities for the quarter that ended in Jun. 2025 was R$1.21 Mil. Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's Total Assets for the quarter that ended in Jun. 2024 was R$44.29 Mil. Therefore, Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2025 was 2.36.

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Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade Ltd BSP:SMRE11
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Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade 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 Invest Imobiliario Smart Real Estate Fii Responsabilidade's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(105.851-1.205)/44.287
=2.36

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=105.942 - 0.091
=105.851

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.205 - 0 - 0
=1.205

Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2025 )
=(Operating Assets (Q: Jun. 2025 )-Operating Liabilities (Q: Jun. 2025 ))/Total Assets (Q: Jun. 2024 )
=(105.851-1.205)/44.287
=2.36

where

Operating Assets(Q: Jun. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=105.942 - 0.091
=105.851

Operating Liabilities(Q: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.205 - 0 - 0
=1.205

* 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 2.36 mean?
Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade (BSP:SMRE11) has a Scaled Net Operating Assets of 2.36 as of Jun. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade and its competitors.
Is Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's Scaled Net Operating Assets too high?
Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's current Scaled Net Operating Assets is 2.36. Overall, Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's Scaled Net Operating Assets compare to VICI and WPC?
Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's Scaled Net Operating Assets of 2.36 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 Invest Imobiliario Smart Real Estate Fii Responsabilidade and its competitors. Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's current Scaled Net Operating Assets is 2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade stock overvalued right now?
Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade (BSP:SMRE11) has a current Scaled Net Operating Assets of 2.36. The current Scaled Net Operating Assets is 2.36. Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's overall GF Score™ is 7/100 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 Invest Imobiliario Smart Real Estate Fii Responsabilidade (BSP:SMRE11), the current Scaled Net Operating Assets is 2.36 as of Jun. 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.

Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade Business Description

Industry Real EstateREITs
Address Av. Brigadeiro Faria Lima, No. 3900, 10th floor, Itaim Bibi, Sao Paulo, SP, BRA, CEP: 4538132
Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade Ltd is real estate investment trust fund whose investment objective is to provide shareholders with the appreciation and profitability of their shares, through investment predominantly in the exploration of real estate projects whose entrepreneur, developer, builder, or land subdivision is the Smart Consultoria Imobiliaria Ltda.
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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