Japan Logistics Fund (FRA:8UT) Scaled Net Operating Assets: 0.86 (As of Jan. 2026)


FRA:8UT Japan Logistics Fund Inc FRA:8UT
61 GF Score
Price €510.00
GF Value €541.18
! 3 Warning Signs
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What is Japan Logistics Fund Scaled Net Operating Assets?

Japan Logistics Fund FRA:8UT 61 Scaled Net Operating Assets is 0.86 as of Jan. 2026. GuruFocus rates FRA:8UT with a GF Score™ of 61/100 and a GF Value™ of €541.18. The stock has 3 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.

Japan Logistics Fund's operating assets for the quarter that ended in Jan. 2026 was €1,428.4 Mil. Japan Logistics Fund's operating liabilities for the quarter that ended in Jan. 2026 was €65.5 Mil. Japan Logistics Fund's Total Assets for the quarter that ended in Jul. 2025 was €1,581.4 Mil. Therefore, Japan Logistics Fund's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.86.


Japan Logistics Fund Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Japan Logistics Fund'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.

Japan Logistics Fund Scaled Net Operating Assets Chart

Japan Logistics Fund Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.92 0.82 0.84 0.91

Japan Logistics Fund Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.90 0.86 0.96 0.87 0.86

FRA:8UT vs PLD, PSA, EXR: Scaled Net Operating Assets Comparison

For the REIT - Industrial subindustry, Japan Logistics Fund'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.


Japan Logistics Fund Scaled Net Operating Assets vs REITs Industry

For the REITs industry and Real Estate sector, Japan Logistics Fund's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Japan Logistics Fund's Scaled Net Operating Assets falls into.


FRA:8UT
61GF Score
Japan Logistics Fund Inc FRA:8UT
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Logistics Fund 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.

Japan Logistics Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2025 )
=(Operating Assets (A: Jul. 2025 )-Operating Liabilities (A: Jul. 2025 ))/Total Assets (A: Jul. 2024 )
=(1524.067-67.416)/1602.828
=0.91

where

Operating Assets(A: Jul. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1581.374 - 57.307
=1524.067

Operating Liabilities(A: Jul. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=764.304 - 612.47 - 84.418
=67.416

Japan Logistics Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2026 )
=(Operating Assets (Q: Jan. 2026 )-Operating Liabilities (Q: Jan. 2026 ))/Total Assets (Q: Jul. 2025 )
=(1428.385-65.479)/1581.374
=0.86

where

Operating Assets(Q: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1489.246 - 60.861
=1428.385

Operating Liabilities(Q: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=723.352 - 566.064 - 91.809
=65.479

* 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?
Japan Logistics Fund (FRA:8UT) has a Scaled Net Operating Assets of 0.86 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Japan Logistics Fund and its competitors.
Is Japan Logistics Fund's Scaled Net Operating Assets too high?
Japan Logistics Fund's current Scaled Net Operating Assets is 0.86. Overall, Japan Logistics Fund has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Japan Logistics Fund's Scaled Net Operating Assets compare to PLD and PSA?
Japan Logistics Fund's Scaled Net Operating Assets of 0.86 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 Japan Logistics Fund and its competitors. Japan Logistics Fund'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 Japan Logistics Fund stock overvalued right now?
Japan Logistics Fund (FRA:8UT) has a current Scaled Net Operating Assets of 0.86. The stock's GF Value™ is €541.18, compared to a current price of €510.00 — trading 5.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.86. Japan Logistics Fund's overall GF Score™ is 61/100 with 3 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 Japan Logistics Fund (FRA:8UT), the current Scaled Net Operating Assets is 0.86 as of Jan. 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 Japan Logistics Fund (FRA:8UT) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Logistics Fund stock appears to be undervalued. The current stock price of €510.00 is trading 5.8% below its estimated GF Value™ of €541.18.

Key valuation signals for FRA:8UT:

  • Scaled Net Operating Assets: 0.86
  • GF Value™: €541.18 vs. price of €510.00 (5.8% below fair value)
  • GF Score™: 61/100 with 3 warning signs

No single metric tells the full story. See the FRA:8UT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Logistics Fund Business Description

Industry Real EstateREITs
Other Exchanges 8967:Japan
Address 3-2-1, Nishikanda, Chiyoda-ku, Tokyo, JPN, 101-0065
Japan Logistics Fund Inc is a Real Estate Investment Trust dedicated to investing in logistics properties. Its investment targets shall be real estate used for logistics facilities. The real estate used for data centers and other telecommunication facilities and real estate that is not being used for logistics facilities at the time of acquisition but may be constructed, converted or redeveloped to be used for logistics facilities.
61GF Score

Get the complete analysis for FRA:8UT

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

€510.00
Price
€541.18
GF Value