CMTG (Claros Mortgage Trust) Scaled Net Operating Assets: 0.51 (As of Mar. 2026)


CMTG Claros Mortgage Trust Inc CMTG
42 GF Score
Price $2.35
GF Value $4.67
Valuation Possible Value Trap
! 4 Warning Signs
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What is Claros Mortgage Trust Scaled Net Operating Assets?

Claros Mortgage Trust CMTG +1.73% 42 Scaled Net Operating Assets is 0.51 as of Mar. 2026. GuruFocus rates CMTG with a GF Score™ of 42/100 and a GF Value™ of $4.67 (Possible Value Trap). 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.

Claros Mortgage Trust's operating assets for the quarter that ended in Mar. 2026 was $4,047.6 Mil. Claros Mortgage Trust's operating liabilities for the quarter that ended in Mar. 2026 was $1,635.1 Mil. Claros Mortgage Trust's Total Assets for the quarter that ended in Dec. 2025 was $4,721.8 Mil. Therefore, Claros Mortgage Trust's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.51.

CMTG
42GF Score
Claros Mortgage Trust Inc CMTG
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Claros Mortgage Trust 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.

Claros Mortgage Trust'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 )
=(4548.573-1902.451)/6966.955
=0.38

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=4721.759 - 173.186
=4548.573

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3189.864 - 1287.413 - 0
=1902.451

Claros Mortgage Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(4047.616-1635.114)/4721.759
=0.51

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=4164.398 - 116.782
=4047.616

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2671.55 - 1036.436 - 0
=1635.114

* 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 0.51 mean?
Claros Mortgage Trust (CMTG) has a Scaled Net Operating Assets of 0.51 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Claros Mortgage Trust and its competitors.
Is Claros Mortgage Trust's Scaled Net Operating Assets too high?
Claros Mortgage Trust's current Scaled Net Operating Assets is 0.51. Overall, Claros Mortgage Trust has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Claros Mortgage Trust's Scaled Net Operating Assets compare to RC and NREF?
Claros Mortgage Trust's Scaled Net Operating Assets of 0.51 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 Claros Mortgage Trust and its competitors. Claros Mortgage Trust's current Scaled Net Operating Assets is 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Claros Mortgage Trust stock overvalued right now?
Based on GuruFocus' analysis, Claros Mortgage Trust (CMTG) is currently considered Possible Value Trap. The stock's GF Value™ is $4.67, compared to a current price of $2.35 — trading 49.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.51. Claros Mortgage Trust's overall GF Score™ is 42/100 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 Claros Mortgage Trust (CMTG), the current Scaled Net Operating Assets is 0.51 as of Mar. 2026. 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 Claros Mortgage Trust (CMTG) Overvalued in 2026?

Based on GuruFocus' analysis, Claros Mortgage Trust stock appears to be undervalued. The current stock price of $2.35 is trading 49.7% below its estimated GF Value™ of $4.67. GuruFocus considers Claros Mortgage Trust to be Possible Value Trap.

Key valuation signals for CMTG:

  • Scaled Net Operating Assets: 0.51
  • GF Value™: $4.67 vs. price of $2.35 (49.7% below fair value)
  • GF Score™: 42/100 with 4 warning signs

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

Claros Mortgage Trust Business Description

Industry Real EstateREITs
Other Exchanges 5WO:Germany
Address C/o Mack Real Estate Credit Strategies, L.P., 60 Columbus Circle, 20th Floor, New York, NY, USA, 10023
Claros Mortgage Trust Inc is a real estate investment trust. The company is focused mainly on creating a diversified portfolio of income-producing loans collateralized by institutional-quality commercial real estate.
42GF 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.

$2.35
Price
$4.67
GF Value