* 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.
Goodman New Zealand and Goodman Property Services Scaled Net Operating Assets Chart
Goodman New Zealand and Goodman Property Services Annual Data
FRA:NJK vs PLD, PSA, EXR: Scaled Net Operating Assets Comparison
For the REIT - Industrial subindustry, Goodman New Zealand and Goodman Property Services'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.
Goodman New Zealand and Goodman Property Services Scaled Net Operating Assets vs REITs Industry
* 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 0.68 mean?
Goodman New Zealand and Goodman Property Services (FRA:NJK) has a Scaled Net Operating Assets of 0.68 as of Sep. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Goodman New Zealand and Goodman Property Services and its competitors.
Is Goodman New Zealand and Goodman Property Services' Scaled Net Operating Assets too high?
Goodman New Zealand and Goodman Property Services' current Scaled Net Operating Assets is 0.68. Overall, Goodman New Zealand and Goodman Property Services has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goodman New Zealand and Goodman Property Services' Scaled Net Operating Assets compare to PLD and PSA?
Goodman New Zealand and Goodman Property Services' Scaled Net Operating Assets of 0.68 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 Goodman New Zealand and Goodman Property Services and its competitors. Goodman New Zealand and Goodman Property Services's current Scaled Net Operating Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodman New Zealand and Goodman Property Services stock overvalued right now?
Based on GuruFocus' analysis, Goodman New Zealand and Goodman Property Services (FRA:NJK) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.74, compared to a current price of €1.00 — trading 35.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.68. Goodman New Zealand and Goodman Property Services' overall GF Score™ is 31/100 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 Goodman New Zealand and Goodman Property Services (FRA:NJK), the current Scaled Net Operating Assets is 0.68 as of Sep. 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 Goodman New Zealand and Goodman Property Services (FRA:NJK) Overvalued in 2026?
Based on GuruFocus' analysis, Goodman New Zealand and Goodman Property Services stock appears to be overvalued.
The current stock price of €1.00 is trading 35.1% above its estimated GF Value™ of €0.74.
GuruFocus considers Goodman New Zealand and Goodman Property Services to be Significantly Overvalued.
Key valuation signals for FRA:NJK:
Scaled Net Operating Assets: 0.68
GF Value™: €0.74 vs. price of €1.00 (35.1% above fair value)
No single metric tells the full story. See the FRA:NJK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goodman New Zealand and Goodman Property Services Business Description
Goodman New Zealand Ltd and Goodman Property Services Ltd, formerly known as Goodman Property Trust, is one of New Zealand's property trusts, with a portfolio composed of industrial estates, businesses, and a development bank. After selling its Christchurch assets, Goodman is 100% Auckland-centric. The focus over the next few years will be on selling lower-quality assets and redeploying capital to industrial property in strategically important locations. The investment is premised on management's view that industrial assets in premium locations will generate superior long-term returns from lower average vacancy and higher rent growth.
31GF Score
Get the complete analysis for FRA:NJK
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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