DXSIF (Dexus Industria REIT) Scaled Net Operating Assets: 0.97 (As of Dec. 2025)


DXSIF Dexus Industria REIT DXSIF
77 GF Score
Price $1.78
GF Value $2.57
! 7 Warning Signs
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What is Dexus Industria REIT Scaled Net Operating Assets?

Dexus Industria REIT DXSIF 77 Scaled Net Operating Assets is 0.97 as of Dec. 2025. GuruFocus rates DXSIF with a GF Score™ of 77/100 and a GF Value™ of $2.57. 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.

Dexus Industria REIT's operating assets for the quarter that ended in Dec. 2025 was $943.78 Mil. Dexus Industria REIT's operating liabilities for the quarter that ended in Dec. 2025 was $23.74 Mil. Dexus Industria REIT's Total Assets for the quarter that ended in Jun. 2025 was $950.87 Mil. Therefore, Dexus Industria REIT's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.97.


Dexus Industria REIT Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Dexus Industria REIT'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.

Dexus Industria REIT Scaled Net Operating Assets Chart

Dexus Industria REIT Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.39 1.35 0.84 0.85 1.01

Dexus Industria REIT 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 0.89 0.92 0.96 1.02 0.97

DXSIF vs PLD, PSA, EXR: Scaled Net Operating Assets Comparison

For the REIT - Industrial subindustry, Dexus Industria REIT'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.


Dexus Industria REIT Scaled Net Operating Assets vs REITs Industry

For the REITs industry and Real Estate sector, Dexus Industria REIT's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Dexus Industria REIT's Scaled Net Operating Assets falls into.


DXSIF
77GF Score
Dexus Industria REIT DXSIF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Dexus Industria REIT 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.

Dexus Industria REIT'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 )
=(948.252-23.281)/915.299
=1.01

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=950.872 - 2.62
=948.252

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=254.168 - 230.511 - 0.376
=23.281

Dexus Industria REIT'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 )
=(943.777-23.737)/950.872
=0.97

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=946.749 - 2.972
=943.777

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=224.371 - 200.221 - 0.413
=23.737

* 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 0.97 mean?
Dexus Industria REIT (DXSIF) has a Scaled Net Operating Assets of 0.97 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 Dexus Industria REIT and its competitors.
Is Dexus Industria REIT's Scaled Net Operating Assets too high?
Dexus Industria REIT's current Scaled Net Operating Assets is 0.97. Overall, Dexus Industria REIT has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Dexus Industria REIT's Scaled Net Operating Assets compare to PLD and PSA?
Dexus Industria REIT's Scaled Net Operating Assets of 0.97 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 Dexus Industria REIT and its competitors. Dexus Industria REIT's current Scaled Net Operating Assets is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dexus Industria REIT stock overvalued right now?
Dexus Industria REIT (DXSIF) has a current Scaled Net Operating Assets of 0.97. The stock's GF Value™ is $2.57, compared to a current price of $1.78 — trading 30.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.97. Dexus Industria REIT's 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 Dexus Industria REIT (DXSIF), the current Scaled Net Operating Assets is 0.97 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 Dexus Industria REIT (DXSIF) Overvalued in 2026?

Based on GuruFocus' analysis, Dexus Industria REIT stock appears to be undervalued. The current stock price of $1.78 is trading 30.7% below its estimated GF Value™ of $2.57.

Key valuation signals for DXSIF:

  • Scaled Net Operating Assets: 0.97
  • GF Value™: $2.57 vs. price of $1.78 (30.7% below fair value)
  • GF Score™: 77/100 with 7 warning signs

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


Dexus Industria REIT Business Description

Industry Real EstateREITs
Other Exchanges DXI:Australia
Address 50 Bridge Street, Level 30, Australia Square, Sydney, NSW, AUS, 2000
Dexus Industria REIT acts as an income pass-through investment vehicle. It owns a portfolio of industrial properties and passes the rent generated from leasing out these properties to securityholders. The jewel in the crown is the Jandakot precinct in Western Australia, which accounts for a third of the portfolio's total book value. The rest of the assets are predominantly located in Victoria and New South Wales. The REIT also has a small development pipeline.Dexus Industria was rebranded from APN Industria REIT in 2021, as a result of Dexus' acquisition of APN Property Group. Following the rebrand, Dexus Industria has divested its business parks and transitioned to a pure play industrial REIT. Dexus Industria is externally managed by Dexus, which holds a 18% stake in the REIT.
77GF Score

Get the complete analysis for DXSIF

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

$1.78
Price
$2.57
GF Value