Transcontinental Realty Investors (FRA:TI9) Scaled Net Operating Assets: 0.89 (As of Mar. 2026)

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FRA:TI9 Transcontinental Realty Investors Inc FRA:TI9
61 GF Score
Price €37.80
GF Value €33.69
! 3 Warning Signs
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What is Transcontinental Realty Investors Scaled Net Operating Assets?

Transcontinental Realty Investors FRA:TI9 -5.03% 61 Scaled Net Operating Assets is 0.89 as of Mar. 2026. GuruFocus rates FRA:TI9 with a GF Score™ of 61/100 and a GF Value™ of €33.69. 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.

Transcontinental Realty Investors's operating assets for the quarter that ended in Mar. 2026 was €900.17 Mil. Transcontinental Realty Investors's operating liabilities for the quarter that ended in Mar. 2026 was €43.62 Mil. Transcontinental Realty Investors's Total Assets for the quarter that ended in Dec. 2025 was €967.17 Mil. Therefore, Transcontinental Realty Investors's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.89.


Transcontinental Realty Investors Scaled Net Operating Assets Historical Data

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The historical data trend for Transcontinental Realty Investors'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.

Transcontinental Realty Investors Scaled Net Operating Assets Chart

Transcontinental Realty Investors Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 1.25 0.72 0.93 0.83

Transcontinental Realty Investors 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 0.87 0.86 0.87 0.87 0.89

FRA:TI9 vs REAX, MLP, FRPH: Scaled Net Operating Assets Comparison

For the Real Estate Services subindustry, Transcontinental Realty Investors'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.


Transcontinental Realty Investors Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Transcontinental Realty Investors's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Transcontinental Realty Investors's Scaled Net Operating Assets falls into.


FRA:TI9
61GF Score
Transcontinental Realty Investors Inc FRA:TI9
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Transcontinental Realty Investors 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.

Transcontinental Realty Investors'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 )
=(891.136-47.426)/1022.37
=0.83

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=967.172 - 76.036
=891.136

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=227.471 - 180.045 - 0
=47.426

Transcontinental Realty Investors'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 )
=(900.173-43.621)/967.172
=0.89

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=976.416 - 76.243
=900.173

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=226.909 - 183.288 - 0
=43.621

* 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 0.89 mean?
Transcontinental Realty Investors (FRA:TI9) has a Scaled Net Operating Assets of 0.89 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 Transcontinental Realty Investors and its competitors.
Is Transcontinental Realty Investors' Scaled Net Operating Assets too high?
Transcontinental Realty Investors' current Scaled Net Operating Assets is 0.89. Overall, Transcontinental Realty Investors has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Transcontinental Realty Investors' Scaled Net Operating Assets compare to REAX and MLP?
Transcontinental Realty Investors' Scaled Net Operating Assets of 0.89 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 Transcontinental Realty Investors and its competitors. Transcontinental Realty Investors's current Scaled Net Operating Assets is 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transcontinental Realty Investors stock overvalued right now?
Transcontinental Realty Investors (FRA:TI9) has a current Scaled Net Operating Assets of 0.89. The stock's GF Value™ is €33.69, compared to a current price of €37.80 — trading 12.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.89. Transcontinental Realty Investors' 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 Transcontinental Realty Investors (FRA:TI9), the current Scaled Net Operating Assets is 0.89 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 Transcontinental Realty Investors (FRA:TI9) Overvalued in 2026?

Based on GuruFocus' analysis, Transcontinental Realty Investors stock appears to be overvalued. The current stock price of €37.80 is trading 12.2% above its estimated GF Value™ of €33.69.

Key valuation signals for FRA:TI9:

  • Scaled Net Operating Assets: 0.89
  • GF Value™: €33.69 vs. price of €37.80 (12.2% above fair value)
  • GF Score™: 61/100 with 3 warning signs

No single metric tells the full story. See the FRA:TI9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Transcontinental Realty Investors Business Description

Other Exchanges TCI:USA
Address 1603 Lyndon B Johnson Freeway, Suite 800, Dallas, TX, USA, 75234
Transcontinental Realty Investors Inc is a fully integrated externally managed real estate company. It operates in two business segments: the acquisition, development, ownership and management of multifamily properties; and the acquisition, development, ownership and management of commercial properties; which are office properties. The services for its commercial segment include rental of office space and other tenant services, including parking and storage space rental. The services for its multifamily segment include rental of apartments and other tenant services, including parking and storage space rental. the company derives maximum revenue from Multifamily Segment.
61GF Score

Get the complete analysis for FRA:TI9

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

€37.80
Price
€33.69
GF Value