ACRES Commercial Realty (FRA:R9L) Scaled Net Operating Assets: 1.13 (As of Mar. 2026)

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FRA:R9L ACRES Commercial Realty Corp FRA:R9L
51 GF Score
Price €14.30
GF Value €14.41
Valuation Fairly Valued
! 1 Warning Sign
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What is ACRES Commercial Realty Scaled Net Operating Assets?

ACRES Commercial Realty FRA:R9L +2.14% 51 Scaled Net Operating Assets is 1.13 as of Mar. 2026. GuruFocus rates FRA:R9L with a GF Score™ of 51/100 and a GF Value™ of €14.41 (Fairly Valued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

ACRES Commercial Realty's operating assets for the quarter that ended in Mar. 2026 was €2,108.97 Mil. ACRES Commercial Realty's operating liabilities for the quarter that ended in Mar. 2026 was €17.66 Mil. ACRES Commercial Realty's Total Assets for the quarter that ended in Dec. 2025 was €1,846.66 Mil. Therefore, ACRES Commercial Realty's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 1.13.

FRA:R9L
51GF Score
ACRES Commercial Realty Corp FRA:R9L
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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ACRES Commercial Realty 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.

ACRES Commercial Realty'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 )
=(1775.121-17.841)/1796.801
=0.98

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1846.659 - 71.538
=1775.121

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1376.453 - 1358.612 - 0
=17.841

ACRES Commercial Realty'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 )
=(2108.974-17.659)/1846.659
=1.13

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2150.481 - 41.507
=2108.974

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1670.472 - 1652.813 - 0
=17.659

* 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 1.13 mean?
ACRES Commercial Realty (FRA:R9L) has a Scaled Net Operating Assets of 1.13 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 ACRES Commercial Realty and its competitors.
Is ACRES Commercial Realty's Scaled Net Operating Assets too high?
ACRES Commercial Realty's current Scaled Net Operating Assets is 1.13. Overall, ACRES Commercial Realty has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ACRES Commercial Realty's Scaled Net Operating Assets compare to SUNS and RPT?
ACRES Commercial Realty's Scaled Net Operating Assets of 1.13 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 ACRES Commercial Realty and its competitors. ACRES Commercial Realty's current Scaled Net Operating Assets is 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACRES Commercial Realty stock overvalued right now?
Based on GuruFocus' analysis, ACRES Commercial Realty (FRA:R9L) is currently considered Fairly Valued. The stock's GF Value™ is €14.41, compared to a current price of €14.30 — trading 0.8% below its estimated fair value. The current Scaled Net Operating Assets is 1.13. ACRES Commercial Realty's overall GF Score™ is 51/100 with 1 warning sign 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 ACRES Commercial Realty (FRA:R9L), the current Scaled Net Operating Assets is 1.13 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 ACRES Commercial Realty (FRA:R9L) Overvalued in 2026?

Based on GuruFocus' analysis, ACRES Commercial Realty stock appears to be undervalued. The current stock price of €14.30 is trading 0.8% below its estimated GF Value™ of €14.41. GuruFocus considers ACRES Commercial Realty to be Fairly Valued.

Key valuation signals for FRA:R9L:

  • Scaled Net Operating Assets: 1.13
  • GF Value™: €14.41 vs. price of €14.30 (0.8% below fair value)
  • GF Score™: 51/100 with 1 warning sign

No single metric tells the full story. See the FRA:R9L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

ACRES Commercial Realty Business Description

Industry Real EstateREITs
Other Exchanges ACRpC.PFD:USAACR:USA
Address 390 RXR Plaza, Uniondale, New York, NY, USA, 11556
ACRES Commercial Realty Corp is a commercial real estate investment trust that focuses on originating, holding, and managing commercial real estate (CRE) mortgage loans and equity investments in commercial real estate properties through direct ownership and joint ventures. The company invests in commercial real-estate-related assets, including whole loans, A notes, B notes, mezzanine loans, and mortgage-related securities, as well as commercial finance assets, which include other asset-backed securities, senior secured corporate loans, equipment leases and notes, trust preferred securities, debt tranches of collateralized debt obligations, and private equity investments mainly issued by financial institutions.
51GF 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.

€14.30
Price
€14.41
GF Value