Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11) Scaled Net Operating Assets: 0.73 (As of Dec. 2025)


BSP:VISC11 Vinci Shopping Centers Fundo Investimento Imobiliario-FII BSP:VISC11
76 GF Score
Price R$105.11
GF Value R$116.18
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Vinci Shopping Centers Fundo Investimento Imobiliario-FII Scaled Net Operating Assets?

Vinci Shopping Centers Fundo Investimento Imobiliario-FII BSP:VISC11 +0.11% 76 Scaled Net Operating Assets is 0.73 as of Dec. 2025. GuruFocus rates BSP:VISC11 with a GF Score™ of 76/100 and a GF Value™ of R$116.18 (Modestly Undervalued). The stock has 4 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.

Vinci Shopping Centers Fundo Investimento Imobiliario-FII's operating assets for the quarter that ended in Dec. 2025 was R$3,742.0 Mil. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's operating liabilities for the quarter that ended in Dec. 2025 was R$677.7 Mil. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Total Assets for the quarter that ended in Dec. 2024 was R$4,206.7 Mil. Therefore, Vinci Shopping Centers Fundo Investimento Imobiliario-FII's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.73.


Vinci Shopping Centers Fundo Investimento Imobiliario-FII Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Vinci Shopping Centers Fundo Investimento Imobiliario-FII'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.

Vinci Shopping Centers Fundo Investimento Imobiliario-FII Scaled Net Operating Assets Chart

Vinci Shopping Centers Fundo Investimento Imobiliario-FII Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 0.85 0.73 0.74 0.73

Vinci Shopping Centers Fundo Investimento Imobiliario-FII Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 0.85 0.73 0.74 0.73

BSP:VISC11 vs SPG, O, KIM: Scaled Net Operating Assets Comparison

For the REIT - Retail subindustry, Vinci Shopping Centers Fundo Investimento Imobiliario-FII'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.


Vinci Shopping Centers Fundo Investimento Imobiliario-FII Scaled Net Operating Assets vs REITs Industry

For the REITs industry and Real Estate sector, Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Scaled Net Operating Assets falls into.


BSP:VISC11
76GF Score
Vinci Shopping Centers Fundo Investimento Imobiliario-FII BSP:VISC11
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Vinci Shopping Centers Fundo Investimento Imobiliario-FII 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.

Vinci Shopping Centers Fundo Investimento Imobiliario-FII'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 )
=(3741.982-677.749)/4206.719
=0.73

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4037.232 - 295.25
=3741.982

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=677.749 - 0 - 0
=677.749

Vinci Shopping Centers Fundo Investimento Imobiliario-FII'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 )
=(3741.982-677.749)/4206.719
=0.73

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4037.232 - 295.25
=3741.982

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=677.749 - 0 - 0
=677.749

* 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 0.73 mean?
Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11) has a Scaled Net Operating Assets of 0.73 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 Vinci Shopping Centers Fundo Investimento Imobiliario-FII and its competitors.
Is Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Scaled Net Operating Assets too high?
Vinci Shopping Centers Fundo Investimento Imobiliario-FII's current Scaled Net Operating Assets is 0.73. Overall, Vinci Shopping Centers Fundo Investimento Imobiliario-FII has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Scaled Net Operating Assets compare to SPG and O?
Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Scaled Net Operating Assets of 0.73 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 Vinci Shopping Centers Fundo Investimento Imobiliario-FII and its competitors. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's current Scaled Net Operating Assets is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinci Shopping Centers Fundo Investimento Imobiliario-FII stock overvalued right now?
Based on GuruFocus' analysis, Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$116.18, compared to a current price of R$105.11 — trading 9.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.73. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's overall GF Score™ is 76/100 with 4 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 Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11), the current Scaled Net Operating Assets is 0.73 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 Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11) Overvalued in 2026?

Based on GuruFocus' analysis, Vinci Shopping Centers Fundo Investimento Imobiliario-FII stock appears to be undervalued. The current stock price of R$105.11 is trading 9.5% below its estimated GF Value™ of R$116.18. GuruFocus considers Vinci Shopping Centers Fundo Investimento Imobiliario-FII to be Modestly Undervalued.

Key valuation signals for BSP:VISC11:

  • Scaled Net Operating Assets: 0.73
  • GF Value™: R$116.18 vs. price of R$105.11 (9.5% below fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the BSP:VISC11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vinci Shopping Centers Fundo Investimento Imobiliario-FII Business Description

Industry Real EstateREITs
Address Avenida Bartolomeu Mitre, 336, Leblon, Rio de Janeiro, RJ, BRA, 22431-002
Vinci Shopping Centers Fundo Investimento Imobiliario-FII is a real estate investment trust. The company invests in real estate properties of shopping centers and / or related, such as strip malls, outlet centers, among others. The objective of the Fund is to obtain income through the investment of resources, predominantly in real estate, as well as in any real rights over real estate or, even, through indirect investment in real estate through the acquisition of real estate assets.
76GF Score

Get the complete analysis for BSP:VISC11

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

R$105.11
Price
R$116.18
GF Value