CDEVY (City Developments) Scaled Net Operating Assets: 0.86 (As of Dec. 2025)


CDEVY City Developments Ltd CDEVY
77 GF Score
Price $6.19
GF Value $4.48
Valuation Significantly Overvalued
! 7 Warning Signs
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What is City Developments Scaled Net Operating Assets?

City Developments CDEVY -3.21% 77 Scaled Net Operating Assets is 0.86 as of Dec. 2025. GuruFocus rates CDEVY with a GF Score™ of 77/100 and a GF Value™ of $4.48 (Significantly Overvalued). The stock has 7 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.

City Developments's operating assets for the quarter that ended in Dec. 2025 was $19,399 Mil. City Developments's operating liabilities for the quarter that ended in Dec. 2025 was $2,119 Mil. City Developments's Total Assets for the quarter that ended in Jun. 2025 was $20,072 Mil. Therefore, City Developments's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.86.


City Developments Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for City Developments'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.

City Developments Scaled Net Operating Assets Chart

City Developments 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 0.77 0.74 0.86 0.84 0.91

City Developments Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.86 0.82 0.85 0.87 0.86

City Developments Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Development subindustry, City Developments'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.


City Developments Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, City Developments's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where City Developments's Scaled Net Operating Assets falls into.


CDEVY
77GF Score
City Developments Ltd CDEVY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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City Developments 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.

City Developments'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 )
=(19398.75-2118.81)/18962.446
=0.91

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20956.891 - 1558.141
=19398.75

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13007.752 - 8399.094 - 2489.848
=2118.81

City Developments'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: Jun. 2025 )
=(19398.75-2118.81)/20072.48
=0.86

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20956.891 - 1558.141
=19398.75

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13007.752 - 8399.094 - 2489.848
=2118.81

* 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 0.86 mean?
City Developments (CDEVY) has a Scaled Net Operating Assets of 0.86 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 City Developments and its competitors.
Is City Developments' Scaled Net Operating Assets too high?
City Developments' current Scaled Net Operating Assets is 0.86. Overall, City Developments has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does City Developments' Scaled Net Operating Assets compare to competitors?
City Developments' Scaled Net Operating Assets of 0.86 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 City Developments and its competitors. City Developments's current Scaled Net Operating Assets is 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is City Developments stock overvalued right now?
Based on GuruFocus' analysis, City Developments (CDEVY) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.48, compared to a current price of $6.19 — trading 38.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.86. City Developments' overall GF Score™ is 77/100 with 7 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 City Developments (CDEVY), the current Scaled Net Operating Assets is 0.86 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 City Developments (CDEVY) Overvalued in 2026?

Based on GuruFocus' analysis, City Developments stock appears to be overvalued. The current stock price of $6.19 is trading 38.1% above its estimated GF Value™ of $4.48. GuruFocus considers City Developments to be Significantly Overvalued.

Key valuation signals for CDEVY:

  • Scaled Net Operating Assets: 0.86
  • GF Value™: $4.48 vs. price of $6.19 (38.1% above fair value)
  • GF Score™: 77/100 with 7 warning signs

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


City Developments Business Description

Address 9 Raffles Place, No. 12-01 Republic Plaza, Singapore, SGP, 048619
City Developments Ltd operates as a property developer and owner, and investment holding company. Along with its subsidiaries, its principal activities are those of property developers and owners, hotel owners and operators, a club operator and owner, investment in properties and in shares, property management, project management, and provision of consultancy, procurement, and laundry services. The company's reportable segments are; Property development, Hotel operations, and Investment properties. The majority of the revenue is generated from its Property development segment which develops and purchases properties for sale. Key revenue for the company is generated from its operations in Singapore and the rest from Japan, China, the United States, United Kingdom, and other regions.
77GF Score

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

$6.19
Price
$4.48
GF Value