Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa (BSP:SNCI11) Scaled Net Operating Assets: -0.12 (As of Dec. 2025)

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BSP:SNCI11 Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Res Ltda BSP:SNCI11
58 GF Score
Price R$87.44
GF Value R$144.00
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Scaled Net Operating Assets?

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa BSP:SNCI11 -0.57% 58 Scaled Net Operating Assets is -0.12 as of Dec. 2025. GuruFocus rates BSP:SNCI11 with a GF Score™ of 58/100 and a GF Value™ of R$144.00 (Significantly Undervalued). 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.

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's operating assets for the quarter that ended in Dec. 2025 was R$0.08 Mil. Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's operating liabilities for the quarter that ended in Dec. 2025 was R$48.86 Mil. Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's Total Assets for the quarter that ended in Dec. 2024 was R$422.22 Mil. Therefore, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.12.

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Scaled Net Operating Assets Historical Data

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The historical data trend for Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa'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.

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Scaled Net Operating Assets Chart

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
-0.00 -0.14 -0.11 -0.04 -0.12

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Semi-Annual Data
Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets -0.00 -0.14 -0.11 -0.04 -0.12

BSP:SNCI11 vs NLY, AGNC, STWD: Scaled Net Operating Assets Comparison

For the REIT - Mortgage subindustry, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa'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.

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Scaled Net Operating Assets vs REITs Industry

For the REITs industry and Real Estate sector, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's Scaled Net Operating Assets falls into.


BSP:SNCI11
58GF Score
Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Res Ltda BSP:SNCI11
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa 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.

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa'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 )
=(0.081999999999994-48.858)/422.222
=-0.12

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=459.832 - 459.75
=0.081999999999994

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=48.858 - 0 - 0
=48.858

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa'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 )
=(0.081999999999994-48.858)/422.222
=-0.12

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=459.832 - 459.75
=0.081999999999994

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=48.858 - 0 - 0
=48.858

* 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 -0.12 mean?
Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa (BSP:SNCI11) has a Scaled Net Operating Assets of -0.12 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 Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa and its competitors.
Is Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's Scaled Net Operating Assets too high?
Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's current Scaled Net Operating Assets is -0.12. Overall, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's Scaled Net Operating Assets compare to NLY and AGNC?
Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's Scaled Net Operating Assets of -0.12 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 Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa and its competitors. Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's current Scaled Net Operating Assets is -0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa stock overvalued right now?
Based on GuruFocus' analysis, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa (BSP:SNCI11) is currently considered Significantly Undervalued. The stock's GF Value™ is R$144.00, compared to a current price of R$87.44 — trading 39.3% below its estimated fair value. The current Scaled Net Operating Assets is -0.12. Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's overall GF Score™ is 58/100 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 Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa (BSP:SNCI11), the current Scaled Net Operating Assets is -0.12 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 Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa (BSP:SNCI11) Overvalued in 2026?

Based on GuruFocus' analysis, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa stock appears to be undervalued. The current stock price of R$87.44 is trading 39.3% below its estimated GF Value™ of R$144.00. GuruFocus considers Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa to be Significantly Undervalued.

Key valuation signals for BSP:SNCI11:

  • Scaled Net Operating Assets: -0.12
  • GF Value™: R$144.00 vs. price of R$87.44 (39.3% below fair value)
  • GF Score™: 58/100 with 1 warning sign

No single metric tells the full story. See the BSP:SNCI11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Business Description

Industry Real EstateREITs
Address Botafogo Beach, 501, 6th Floor, Rio de Janeiro, RJ, BRA, 22250040
Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Res Ltda objective is to invest, in real estate receivables certificates that include mortgage bills (LH); real estate credit bills (LCI); guaranteed real estate bills (LIG); certificates of additional construction potential issued pursuant to CVM Resolution 84; quotas of private equity investment funds; quotas of credit rights investment funds; shares or quotas of companies; shares, debentures, subscription warrants, their coupons, rights, subscription receipts, and other financial assets, securities, and marketable securities; real estate, as well as in any real rights over real estate, or through indirect investment in real estate by means of acquiring other Target Assets; and other financial assets, titles, and securities.
58GF Score

Get the complete analysis for BSP:SNCI11

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

R$87.44
Price
R$144.00
GF Value