Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Deutsche Real Estate AG's operating assets for the quarter that ended in Dec. 2025 was €479.15 Mil. Deutsche Real Estate AG's operating liabilities for the quarter that ended in Dec. 2025 was €56.50 Mil. Deutsche Real Estate AG's Total Assets for the quarter that ended in Jun. 2025 was €521.20 Mil. Therefore, Deutsche Real Estate AG's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.81.
Deutsche Real Estate AG Scaled Net Operating Assets Related Terms
Deutsche Real Estate AG Scaled Net Operating Assets Historical Data
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The historical data trend for Deutsche Real Estate AG'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.
Deutsche Real Estate AG Scaled Net Operating Assets Chart
FRA:DRE2 vs CBRE, BEKE: Scaled Net Operating Assets Comparison
For the Real Estate Services subindustry, Deutsche Real Estate AG'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.
Deutsche Real Estate AG Scaled Net Operating Assets vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Deutsche Real Estate AG's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Deutsche Real Estate AG's Scaled Net Operating Assets falls into.
* 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 0.81 mean?
Deutsche Real Estate AG (FRA:DRE2) has a Scaled Net Operating Assets of 0.81 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 Deutsche Real Estate AG and its competitors.
Is Deutsche Real Estate AG's Scaled Net Operating Assets too high?
Deutsche Real Estate AG's current Scaled Net Operating Assets is 0.81. Overall, Deutsche Real Estate AG has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deutsche Real Estate AG's Scaled Net Operating Assets compare to CBRE and BEKE?
Deutsche Real Estate AG's Scaled Net Operating Assets of 0.81 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 Deutsche Real Estate AG and its competitors. Deutsche Real Estate AG's current Scaled Net Operating Assets is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Real Estate AG stock overvalued right now?
Based on GuruFocus' analysis, Deutsche Real Estate AG (FRA:DRE2) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.83, compared to a current price of €12.30 — trading 57.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.81. Deutsche Real Estate AG's overall GF Score™ is 53/100 with 9 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 Deutsche Real Estate AG (FRA:DRE2), the current Scaled Net Operating Assets is 0.81 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 Deutsche Real Estate AG (FRA:DRE2) Overvalued in 2026?
Based on GuruFocus' analysis, Deutsche Real Estate AG stock appears to be overvalued.
The current stock price of €12.30 is trading 57.1% above its estimated GF Value™ of €7.83.
GuruFocus considers Deutsche Real Estate AG to be Significantly Overvalued.
Key valuation signals for FRA:DRE2:
Scaled Net Operating Assets: 0.81
GF Value™: €7.83 vs. price of €12.30 (57.1% above fair value)
No single metric tells the full story. See the FRA:DRE2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Deutsche Real Estate AG is engaged in investing in building a portfolio with focus on office, logistics and retail properties in the growth regions of Germany.
53GF 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.
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