Alpineome Property Trust (FRA:H3Y) Scaled Net Operating Assets: 0.99 (As of Mar. 2026)


FRA:H3Y Alpine Income Property Trust Inc FRA:H3Y
53 GF Score
Price €17.90
GF Value €18.66
Valuation Fairly Valued
! 10 Warning Signs
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What is Alpineome Property Trust Scaled Net Operating Assets?

Alpineome Property Trust FRA:H3Y +1.70% 53 Scaled Net Operating Assets is 0.99 as of Mar. 2026. GuruFocus rates FRA:H3Y with a GF Score™ of 53/100 and a GF Value™ of €18.66 (Fairly Valued). The stock has 10 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.

Alpineome Property Trust's operating assets for the quarter that ended in Mar. 2026 was €642.27 Mil. Alpineome Property Trust's operating liabilities for the quarter that ended in Mar. 2026 was €38.37 Mil. Alpineome Property Trust's Total Assets for the quarter that ended in Dec. 2025 was €611.36 Mil. Therefore, Alpineome Property Trust's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.99.


Alpineome Property Trust Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Alpineome Property Trust'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.

Alpineome Property Trust Scaled Net Operating Assets Chart

Alpineome Property Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 2.02 1.18 0.94 1.08 1.01

Alpineome Property Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.00 0.88 0.95 1.10 0.99

FRA:H3Y vs SITC, WHLR, BFS: Scaled Net Operating Assets Comparison

For the REIT - Retail subindustry, Alpineome Property Trust'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.


Alpineome Property Trust Scaled Net Operating Assets vs REITs Industry

For the REITs industry and Real Estate sector, Alpineome Property Trust's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Alpineome Property Trust's Scaled Net Operating Assets falls into.


FRA:H3Y
53GF Score
Alpine Income Property Trust Inc FRA:H3Y
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpineome Property 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.

Alpineome Property 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 )
=(607.437-24.609)/577.77
=1.01

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=611.356 - 3.919
=607.437

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=354.084 - 329.475 - 0
=24.609

Alpineome Property 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 )
=(642.269-38.366)/611.356
=0.99

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=644.534 - 2.265
=642.269

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=355.916 - 317.55 - 0
=38.366

* 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 0.99 mean?
Alpineome Property Trust (FRA:H3Y) has a Scaled Net Operating Assets of 0.99 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 Alpineome Property Trust and its competitors.
Is Alpineome Property Trust's Scaled Net Operating Assets too high?
Alpineome Property Trust's current Scaled Net Operating Assets is 0.99. Overall, Alpineome Property Trust has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alpineome Property Trust's Scaled Net Operating Assets compare to SITC and WHLR?
Alpineome Property Trust's Scaled Net Operating Assets of 0.99 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 Alpineome Property Trust and its competitors. Alpineome Property Trust's current Scaled Net Operating Assets is 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpineome Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Alpineome Property Trust (FRA:H3Y) is currently considered Fairly Valued. The stock's GF Value™ is €18.66, compared to a current price of €17.90 — trading 4.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.99. Alpineome Property Trust's overall GF Score™ is 53/100 with 10 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 Alpineome Property Trust (FRA:H3Y), the current Scaled Net Operating Assets is 0.99 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 Alpineome Property Trust (FRA:H3Y) Overvalued in 2026?

Based on GuruFocus' analysis, Alpineome Property Trust stock appears to be undervalued. The current stock price of €17.90 is trading 4.1% below its estimated GF Value™ of €18.66. GuruFocus considers Alpineome Property Trust to be Fairly Valued.

Key valuation signals for FRA:H3Y:

  • Scaled Net Operating Assets: 0.99
  • GF Value™: €18.66 vs. price of €17.90 (4.1% below fair value)
  • GF Score™: 53/100 with 10 warning signs

No single metric tells the full story. See the FRA:H3Y stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alpineome Property Trust Business Description

Industry Real EstateREITs
Other Exchanges PINE:USA
Address 369 N. New York Avenue, Suite 201, Winter Park, FL, USA, 32789
Alpine Income Property Trust Inc is a real estate investment trust (REIT) that owns and operates a high-quality portfolio of commercial net lease properties in the United States. The company's portfolio predominantly comprises single-tenant retail properties located in or near metropolitan statistical areas, or MSAs. It operates in two business segments: income properties, which derive maximum revenue, and commercial loans and investments.
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.

€17.90
Price
€18.66
GF Value